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HYPR on search for European security partners

New York-headquartered HYPR is looking for more global partners after launching its first channel partner programme for its “passwordless” security access technology.

The vendor, backed by Comcast, Samsung and Mastercard, offers the HYPR Cloud Platform that is designed to make it easier for organisations to migrate from hackable passwords across the enterprise, by combining the security of a FIDO (fast identity online) token with the convenience of a smartphone.

“With HYPR, businesses are finally able to solve the desktop MFA (multi-factor authentication) gap, eliminate customer passwords and deliver lightning-fast login experiences their users love,” promises the vendor.

The new HYPR Velocity Partner Program is a channel-based network that will enable leading cyber-security partners to deliver HYPR's True Passwordless Authentication Platform directly to their enterprise and government customers. “The channel-centric strategy aims to create an ecosystem focused on meeting the growing global demand to eliminate the security risks, high costs and user frustration caused by passwords,” the supplier said.

The programme is aimed at resellers, system integrators and technology partners. "True passwordless authentication has become essential, as more and more organisations realise the risk and cost associated with passwords, especially during this time with remote working," said Larry Pfeifer, founder of Consortium Networks. "As a partner of the new Velocity Partner Program we are showing up to accelerate passwordless authentication while driving innovation and evolving how businesses protect their networks from the inside-out.”

To date, HYPR said end customers have deployed over 50m users across their customer and workforce environments using its technology, helping to generate 300% growth in HYPR's annual recurring revenue in 2019.

"The industry's reliance on vulnerable passwords and legacy multi-factor authentication is the largest problem we face in cybersecurity today," said George Muldoon, HYPR vice president of strategic alliances. "The Velocity Partner Program and channel-centric go-to-market gives us the force multiplier to influence change in the market.

“Most importantly, Velocity provides our customers with a diverse global ecosystem of technology, reseller and solution provider partners who are qualified to pair HYPR's solutions with their proficiencies and help them more rapidly evolve beyond costly passwords and legacy MFA."