Press release

HYPR Joins FIDO Alliance Board of Directors to Help Chart the Course Towards a True Passwordless Future

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Sponsored by Businesswire

HYPR
Corp.
, the leading provider of True Password-less Security, today
announced it has been appointed to the FIDO
Alliance Board of Directors
and has named Bojan Simic, cofounder and
chief technology officer, as the board delegate. HYPR is the leading
FIDO® Certified true password-less security solution designed for
cross-cloud and cross-platform deployment across the Global 2000,
enabling enterprises to eliminate credential reuse, fraud and phishing.

By joining the board, HYPR will work alongside industry leaders such as
Microsoft, Google, Aetna and Samsung to directly influence and help
drive the FIDO Alliance’s mission to reduce the world’s over-reliance on
passwords. Through the development of open standards, the FIDO Alliance
empowers organizations worldwide to establish a more robust, secure
approach to consumer and employee authentication.

“HYPR believes that FIDO standards provide enterprises with a powerful
framework for securing their customers and employees without the use of
passwords and shared secrets. True password-less authentication can
provide tremendous benefits to digital transformation initiatives as
well as accelerate enterprise cloud transformation projects by making
end-users immune to phishing and account takeover,” said Bojan Simic.
“Over the years, we have worked closely with our partners to provide a
technological bridge to support these initiatives and look forward to
working with the FIDO board in a greater capacity to share and learn so
that we can accelerate adoption and improve security internet-wide.”

HYPR ends the shared secret model of user authentication for good by
moving credentials and authentication keys to users’ personal mobile
devices and securing genuine secrets against malicious hackers. The HYPR
Authentication Platform focuses on eliminating the hackers’ favorite
target — passwords and shared secrets — forcing attackers to focus on
each device individually and diffusing the threat of mass credential
breaches.

“As one of the earliest innovators of FIDO solutions, HYPR brings
significant in-market expertise and perspective to FIDO’s board of
directors, which will help inform our collective efforts to move the
world beyond passwords,” said Andrew Shikiar, chief marketing officer of
the FIDO Alliance. “HYPR has long been a champion of the Alliance, FIDO
standards, and our mission. We look forward to Bojan’s contributions as
FIDO continues to standardize modern authentication techniques to better
secure the connected economy.”

HYPR has been a member and contributor of the FIDO Alliance since 2015.
To learn more about the FIDO Alliance visit https://fidoalliance.org.

About HYPR

HYPR is the leading provider of True Passwordless Security with millions
of users deployed across the Global 2000. Shared secrets are the #1
cause of enterprise breaches, fraud and phishing attacks. HYPR is the
first Authentication Platform designed to eliminate passwords and shared
secrets – effectively removing the hackers’ primary target while
eliminating fraud, phishing and credential reuse for consumers and
employees across the enterprise.

Additional information is available at https://www.hypr.com/