HYPR
22 Case Studies
A HYPR Case Study
First Citrus Bank, a top community bank, faced a sharp rise in IT costs and help desk volume after attempting to strengthen its security with complex passwords. Their challenge was to completely eliminate passwords and shared secrets to streamline the login experience and stop credential-based attacks. They turned to vendor HYPR for its True Passwordless MFA solution to meet this need.
HYPR provided a passwordless authentication solution that integrated with the bank's existing Active Directory for a quick deployment. The results were immediate, with login speeds increasing by 300% and a 99.8% reduction in phishing breaches. HYPR's solution also led to a 98% average reduction in credential reset tickets, significantly lowering IT costs and improving both security and employee satisfaction.