HYPR is the latest company to be appointed to the Board of Directors for the FIDO Alliance, with company co-founder and CTO Bojan Simic stepping up to serve as HYPR’s official delegate. “HYPR believes that FIDO standards provide enterprises with a powerful framework for securing their customers and employees without the use of passwords,” said…
On the occasion of the Gartner Identity and Access Management Summit this week in Las Vegas, ForgeRock is celebrating a successful year: The company has announced that in a single year, it has seen 54 technology partners join its Trust Network platform. ForgeRock Trust Network is the company’s curated security solutions platform. It’s the central…
“…HYPR emphasized that while a growing number of companies are wisely adopting biometric security, they’re also still relying on centralized password authentication, leaving them ‘vulnerable to credential stuffing and reuse attacks, phishing, social engineering credential theft, account takeover, payment fraud, prepaid product cash-out scams, loyalty fraud, and large-scale data breaches.’” HYPR Corp. has published a…
“Operating through a standard mobile device, TrulySecure combines facial and voice recognition to identify the end user. It’s now being used in mobile apps from a number of financial services providers including Alior, Banorte, ICICI, Maybank, Mizuho Bank, and Qatar Islamic Bank.” Sensory Inc. is celebrating the growing ubiquity of its TrulySecure platform, announcing that…
“Seth has a demonstrated ability to assemble high-performance teams that create and win markets while addressing customer needs across the globe.” – George Avetisov, CEO and co-founder, HYPR Corp Decentralized authentication specialist HYPR has created a new executive position to fuel growth: The company now has a Chief Revenue Officer, and it is Seth Robbins. Robbins…
HYPR‘s decentralized authentication solution will be incorporated into Samsung Pass as part of a larger partnership between the companies. First announced ahead of the ultimately recalled Note7 smartphone, Samsung Pass is Samsung’s bid to create a mobile master key for digital services including online banking. Now, with its integration of HYPR’s decentralized approach to biometric…
“All of these demos are premised on HYPR’s decentralized storage of user credentials, which is designed to ensure that a single data breach can’t significantly compromise user data.” HYPR Corp. is aiming to generate some more excitement over its decentralized authentication platform at this week’s Consumer Electronics Show with three demos. One demo will likely…
“…the company framed the news in the wake of its recent $8 million funding round led by RRE Ventures, asserting that ‘Mastercard’s strategic investment further enables HYPR’s decentralized authentication solutions to extend into the millions of users across the Mastercard payments ecosystem.’” HYPR is celebrating its placement in the latest class of the Mastercard Start…
HYPR has had a big year in 2017. On the heels of a funding round that brought in $3 million in venture capital toward the end of 2016, HYPR launched its biometric security platform for e-commerce in January, and proceeded to get the server component of its platform FIDO certified just a few months later.…
FindBiometrics President Peter O’Neill recently interviewed George Avetisov, CEO, HYPR Corp. The conversation begins with a brief history of the company and an overview of its decentralized security technology before delving into the vertical markets HYPR is finding success in. The discussion then touches on the company’s recent acknowledgement as one of Gartner’s “Cool Vendors”,…
HYPR has raised $8 million in a Series A funding round led by RRE Ventures. The recently-concluded funding round also saw contributions from previous investors Boldstart Ventures, Mesh Ventures, and RTP Ventures, and brings HYPR’s total in VC investment to $12.8 million. In the wake of large-scale data breaches like the recent Equifax fiasco, HYPR…
IBM veteran Nicholas Donofrio has joined the HYPR board as its first independent director. Donofrio joined IBM as an engineer in 1967, and ultimately retired in 2008 from his position as Executive Vice President, Innovation and Technology. Thus he “has experienced a half-century of innovation and disruption across multiple waves of technology,” as HYPR CEO George…
HYPR Corp. has been named a “Cool Vendor” by Gartner, the company has announced. More specifically, the company was among those lauded in Gartner’s new report, “Cool Vendors in Transforming Multichannel to Unified Retail Commerce, 2017”. The plaudit comes soon after HYPR received FIDO certification for the server component of its security platform, which supports numerous…
HYPR has teamed up with EyeVerify and will integrate its Eyeprint ID technology into the HYPR Biometric Security Suite. Eyeprint ID is a biometric authentication system that analyzes the eye vein patterns of users. It’s designed for mobile applications, using standard smartphone cameras for its biometrics scans; as such, it has garnered considerable interest from…
Biometric IT security specialist HYPR has announced a new partnership with BitGo, a cryptocurrency blockchain platform. BitGo is a security-as-a-service platform offering a blockchain vault for all transactions conducted via the Bitcoin cryptocurrency, reportedly processing more than a billion dollars’ worth of digital money every day. Given the sensitivity of the associated data, the platform necessarily requires sophisticated…
In the wake of the OPM hacking scandal, HYPR is promoting its security solution as a means preventing such occurrences in the future. In a recent blog post, the company notes that the Office of Personnel Management lost the fingerprint biometric data of about 5.6 million people in the security breach, and asserts, “This is what…
HYPR Corp. has announced the release of a new biometric SDK aimed at enterprises and government agencies. Entitled simply HYPR SDK, the system is designed to enable the tokenization of voice, facial, or fingerprint biometric data. Perhaps more importantly, the system is designed to authenticate actions without having to transmit any biometric data online; the…
Biometric security developer HYPR Corp. has submitted a three-factor biometric authentication system for testing with the US National Institute of Standards and Technology (NIST), the company has announced. Its aim is to have its HYPR Token approved with respect to some of the most widely respected security standards in the world. More specifically, the HYPR…
Last week at FindBiometrics, while we continued to talk Time & Attendance in the featured articles section, the conversation in the news was focused on fingerprint scanning, border control and the multimodal future of the industry. Here are all the top stories you need to be prepared for what’s coming this week. Fingerprint Sensors and…