HYPR raises $30 million to combat threats posed by generative AI

HYPR secures $30 million in funding from Silver Lake Waterman to drive accelerated advancements in technologies to combat the rising threat of generative AI-driven credential-based attacks. This investment validates the expanded adoption of HYPR’s passwordless authentication solutions and support for its policy risk and identity verification products – evidenced with recent large-scale deployments by leading enterprises and strategic partnerships between HYPR and key technology leaders. Recent research findings from HYPR reveal that 60% of organizations … More

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