HYPR Authenticate Passwordless MFA of HYPR’s Identity Assurance Platform
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HYPR Authenticate Passwordless MFA of HYPR's Identity Assurance Platform
Additional Info
| Company | HYPR |
| Website | hypr.com |
| Company size (employees) | 100 to 499 |
| Headquarters Region | North America |
Overview
HYPR is on a mission to improve the lives of security-minded leaders, their employees, stakeholders, and customers by first fixing the way the world logs in and ultimately securing the entire modern identity lifecycle. HYPR provides the strongest end-to-end identity security, combining modern passwordless authentication with adaptive risk mitigation, automated identity verification and a simple, intuitive user experience.
HYPR Authenticate Passwordless MFA continues to lead the passwordless revolution as the first provider in the industry to deliver Enterprise Passkeys which turns any smartphone into a FIDO 2 virtual security key. HYPR’s technology and deep field expertise has been adopted by some of the largest and most secured organizations globally. The results achieved are the gold-standard of rigorous, enterprise-grade identity security along with a user experience that is so simple, intuitive and fast that people will want to use it everyday. With successful large-scale global deployments, HYPR serves over a billion users and growing, across the widest range of use cases, helping to protect workforces and customers around the world.
HYPR Authenticate is a part of the Identity Assurance platform, which spans from desktop to cloud, liberating users from the burdens of outdated, insecure, and friction-filled legacy authentication systems. HYPR’s commitment to continuous, proactive identity security adapts swiftly to emerging threats and evolving regulations, ensuring alignment with existing security ecosystems through a standards-based approach.
HYPR consistently stays ahead of threats, including those from generative AI and rapid digitization, continually strengthening and expanding to create trust throughout the entire identity lifecycle.
Key Capabilities / Features
HYPR Authenticate revolutionizes the way organizations approach authentication by completely eliminating passwords and shared secrets through a secure passkeys method. This approach integrates seamlessly with existing ecosystems by extending the functionality of the FIDO passkey standard, offering a comprehensive authentication solution for both workforce and customers. This alignment with existing infrastructure means that organizations can enhance their security without the need for significant overhauls or investments.
In October 2023, HYPR significantly enhanced its authentication portfolio by launching the first identity assurance solution designed specifically to fill pervasive security gaps throughout the identity lifecycle. This pioneering development introduced a fully passwordless journey for users, marking a significant step forward in identity management.
This approach to identity security is the only solution that uses behavioral triggers to initiate step-up authentication measures, which not only address authentication needs but also enforce automatic identity re-verification when necessary. This ensures that any risky behavior prompts an immediate and appropriate security response, thus maintaining continuous and dynamic protection throughout the user's engagement with the system.
By leveraging this unified platform, HYPR not only enhances the security of digital interactions but also improves the user experience by simplifying the authentication process. This approach reduces friction, increases user satisfaction, and drives higher adoption rates, which are critical for the effective implementation of security technologies in any organization. The result is a more secure, efficient, and user-friendly system that stands at the forefront of truly passwordless technology.
How we are different
- HYPR Authenticate Passwordless MFA: Unlike many providers, HYPR does not use any type of shared secret in the authentication process. Instead, it uses cryptographic certificates with the private key securely stored with the user at all times. Many so-called passwordless providers still rely on password rotation, password replay, one-time passcodes (OTP), time-based OTPs, SMS codes, and other shared secret-based credentials that cannot provide truly passwordless multi-factor authentication.
- Scalable and User-Friendly: HYPR has a demonstrated track record securing organizations globally, with deployments in some of the most complex and demanding environments, including 2 of the 4 largest US banks, manufacturers, leading critical infrastructure companies and other technology-forward businesses. With HYPR Authenticate, there is no compromising user experience for greater security. HYPR’s frictionless login enables a 30% authentication productivity gain to provide your end users with a secure experience they will love.
- Proven and Tangible ROI: HYPR Authenticate has been independently validated to return a 324% ROI, saving customers $8.1M in total benefits through business risk avoidance, reduction in helpdesk costs, and end-user productivity savings experienced in less than 6 months.
