Company Research Report: HYPR Corp

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Company Overview

• Name: HYPR Corp

• Mission: HYPR is on a mission to improve the lives of security-minded leaders, their employees, and customers by helping organizations create trust in the identity lifecycle.

• Founded: 2014

• Founders: No information is available

• Key People:

• Bojan Simic - CEO

• Roman Kadinsky - President & COO

• Baljeet Sandhu - CTO

• Robert Panebianco Jr. - Chief Architect

• Vy Chen - VP of People

• Rich Gibsen - VP of Product Management

• Anton Gurov - Chief Information Security Officer

• Sabrina Armer - VP of Finance

• William Field - VP of Customer Success

• Headquarters: New York, NY, USA

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: HYPR is recognized for providing the strongest end-to-end identity security, combining modern passwordless authentication with adaptive risk mitigation, automated identity verification, and a simple, intuitive user experience.

Products

Identity Assurance Platform

1. HYPR Authenticate

• Description: FIDO2 Certified passwordless MFA solution for workforce and customers.

• Key Features:

• Phishing-resistant authentication

• Streamlined login process

• Compliance with regulatory requirements

• Verified ROI of 324%

2. HYPR Adapt

• Description: Risk engine for identity-related risk detection and mitigation.

• Key Features:

• Utilizes extensive data sources and risk signals

• Real-time adaptation of security controls

• Enhanced authentication security

3. HYPR Affirm

• Description: Multi-layer identity verification ensuring users are who they claim to be.

• Key Features:

• Simplifies and automates identity proofing

• Multi-layered verification approach

• Enhanced re-verification at critical moments

4. HYPR Enterprise Passkeys

• Description: Transform smartphones into FIDO device-bound passkeys for enterprises.

• Key Features:

• Security assurance of hardware keys

• FIDO2 Certified authentication

• Phishing-resistant MFA deployment

Recent Developments

• New Products Launched:

• Enterprise Passkeys for Microsoft Azure: HYPR launched this offering, enabling smartphones to become FIDO2 virtual security keys, enhancing security and user convenience while eliminating passwords.

• New Partnerships:

• Partnership with CrowdStrike: This collaboration expands HYPR's trusted ecosystem, integrating with the AI-native CrowdStrike Falcon platform to strengthen authentication and access capabilities.

• Advancements and Recognitions:

• HYPR's Enterprise Passkeys have been recognized by Microsoft, furthering the company's offerings in the robust identity security landscape.

• Research & Reports:

• The "State of Passwordless Identity Assurance 2024" report highlights the identity threats and trends, providing insights for improved security strategies in organizations.

• Technological Expansion:

• HYPR's platform continues to integrate with existing identity platforms, cloud applications, and security ecosystems to provide end-to-end identity assurance solutions.

Conclusion

HYPR Corp is at the forefront of identity assurance technology, with a strong focus on passwordless authentication solutions that enhance security and user experience. The company's partnerships and technological advancements position it strongly in the cybersecurity landscape, addressing modern identity challenges with innovative solutions.