Beyond Identity vs HYPR vs Transmit: $200K Price Gap [2026]

Credential theft is still the number one way attackers get into corporate networks. Verizon’s 2025 Data Breach Investigations Report put the use of stolen or compromised credentials at 22% of all breaches as an initial access vector, and in the SMB-heavy “Basic Web Application Attacks” pattern that figure jumped to roughly 88%. Passwords, and the MFA codes that ride alongside them, keep getting phished, replayed, or pushed-bombed past tired employees. That’s why a small group of vendors selling device-bound, phishing-resistant authentication has moved from a niche security purchase to a board-level conversation.

Three names come up constantly when security and IT teams shop for enterprise passwordless authentication in 2026: Beyond Identity, HYPR, and Transmit Security. All three promise to kill the password and the one-time code along with it, but they approach the problem from different angles, price it differently, and fit different environments. This comparison breaks down the specs, the published pricing, the compliance posture, and the real-world fit for each platform, using only verified vendor and third-party data, so you can decide which one belongs on your shortlist.

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What “Passwordless Authentication” Actually Means in 2026

Passwordless authentication is not the same thing as “passwordless login with SMS backup” or “magic link email.” In the enterprise security context, the term specifically means authentication built on public-key cryptography, where a private key never leaves a trusted device or hardware module, and the server only ever stores a public key. The dominant open standard behind this is FIDO2/WebAuthn, which is also the technical foundation of passkeys, the consumer-facing brand name for the same cryptographic approach.

The reason this matters for security teams is simple: there is no shared secret to phish. A traditional password or a six-digit MFA code can be typed into a fake login page and relayed to the real site in real time by an adversary-in-the-middle proxy. A FIDO2 credential is cryptographically bound to the origin (the actual domain) it was created for, so a phishing site simply cannot request a valid signature from it. That’s the property vendors mean when they say “phishing-resistant,” a phrase now used carefully because regulators and analysts have started pushing back on looser marketing claims.

Consumer adoption of passkeys has already crossed into mainstream territory. According to the FIDO Alliance’s 2025 online consumer authentication survey of 1,389 adults, conducted in April 2025, 74% of respondents said they were aware of passkeys, and 69% had enabled a passkey on at least one account. Among people who had used passkeys, 38% said they turn them on whenever the option is available, while 53% believed passkeys were more secure than passwords and 54% found them more convenient. That consumer momentum is now pulling enterprise IT and identity teams to evaluate workforce-grade platforms that can enforce the same cryptography across every employee, contractor, and managed device, a shift covered in more depth in our breakdown of passkeys vs. passwords vs. 2FA.

Why MFA Codes Alone Stopped Being Enough

For most of the last decade, “MFA” meant a password plus a six-digit code from an authenticator app or a text message. That combination stopped being a reliable defense once adversary-in-the-middle phishing kits became commodity tools. These kits sit between a victim and the real login page, forwarding the victim’s password and MFA code to the real site in real time and stealing the resulting session cookie, which lets the attacker bypass the login entirely on future requests. The victim sees a normal-looking login page and a normal MFA prompt; the attacker gets full access anyway. That’s the exact gap FIDO2-based passwordless authentication is built to close, because the cryptographic signature a passkey produces is bound to the real site’s domain and cannot be relayed through a lookalike proxy the way a typed code can — the same failure mode we detail in our guide to why credential stuffing keeps bypassing MFA.

It’s also why the category has split into two camps that occasionally get confused with each other. Passkeys, in the consumer sense, are usually optional and sit alongside a password as one more login choice. Enterprise passwordless platforms like the three compared here are built to be mandatory and exclusive, replacing the password entirely at the identity-provider level so there’s no fallback path for an attacker to exploit. That distinction is the whole reason a dedicated enterprise vendor category exists instead of every company simply turning on the passkey option already built into Windows Hello, Face ID, or Chrome.

The Hidden Cost Behind the Passwordless Business Case: Help Desk Spend

Security teams pitch passwordless authentication on phishing resistance. Finance teams usually approve the budget because of something much less glamorous: the help desk bill. Password-related tickets, meaning resets, lockouts, and MFA re-enrollment after a lost phone, are consistently one of the largest single categories of IT support volume, with industry cost analyses putting them at up to 40% of total help desk call volume in a typical enterprise. Per-ticket cost estimates vary depending on what’s counted (agent labor alone versus agent labor plus lost employee productivity plus infrastructure overhead), but a commonly cited range across industry help-desk cost breakdowns lands between $25 and $70 per reset once all three factors are included.

Run that math against a mid-size organization. A 5,000-employee company with a conservative 30% annual reset rate generates roughly 1,500 password-related tickets a year at the low end, and considerably more once MFA re-enrollment, account lockouts after failed attempts, and shared-device resets are added in. At $25 to $70 per ticket, that’s a recurring six-figure cost that never shows up as a single line item anywhere, which is exactly why it tends to get ignored until someone runs the numbers during a passwordless business case. Removing the password doesn’t just remove a phishing target, it removes the single most common reason employees call IT in the first place — a case we make in full in the business case for passkeys.

Meet the Three Platforms: Beyond Identity, HYPR, and Transmit Security

Each of these three companies built its platform around a different core bet about what enterprises need most.

Beyond Identity: Device Trust Baked Into Every Login

Beyond Identity sells itself as a workforce identity platform where device posture is checked at the moment of authentication, not just at enrollment. Every sign-in cryptographically binds the user’s identity to a specific, verified device, and the platform can pull in live risk signals, including integrations with endpoint tools like CrowdStrike Falcon’s Zero Trust Assessment data and AWS IAM, to decide whether that device is healthy enough to be trusted. Beyond Identity states on its security page that it is a FIDO2-certified solution provider and holds SOC 2 Type 2 attestation. Its current commercial lineup, published on its pricing page, is built around three tiers: Authentication Essentials, Zero Trust Identity & Device, and Secure Access Complete.

HYPR: FIDO-First Passwordless MFA for the Workforce

HYPR’s flagship product, HYPR Authenticate, is built around a strict definition of “true passwordless”: there is no password anywhere in the system, not even as a fallback option, so there is nothing left for an attacker to phish or reset their way around. The platform is hardware-backed, supporting FIDO2/WebAuthn as well as external security keys, and it’s positioned specifically for large workforce deployments that need to slot phishing-resistant MFA into an existing identity stack rather than replace it outright. On the compliance side, HYPR publishes certifications for SOC 2 Type 2, ISO 27001, ISO 27017, and ISO 27018, a broader ISO footprint than either of its two rivals discloses.

Transmit Security: A Broader Identity Orchestration Platform Called Mosaic

Transmit Security takes the widest scope of the three. Its platform, Mosaic, is a microservices-based identity suite that spans passwordless authentication, identity orchestration, user management, identity verification, and fraud detection, aimed at B2C, B2B, and workforce use cases at the same time. Mosaic supports passkeys, one-time passcodes, mobile biometrics, magic links, and social login, and it includes a drag-and-drop journey builder so identity teams can design and adjust login flows without engineering tickets for every change. That breadth is the clearest differentiator versus Beyond Identity and HYPR, which stay narrowly focused on workforce and device-bound authentication.

Full Specs Comparison: Beyond Identity vs HYPR vs Transmit Security

The table below lines up the verified specs, standards support, and business details for all three platforms as published on vendor sites and confirmed through independent research.

CategoryBeyond IdentityHYPRTransmit Security (Mosaic)
Core productBeyond Identity Platform (Authentication Essentials / Zero Trust Identity & Device / Secure Access Complete)HYPR AuthenticateMosaic (full platform, modular services)
Primary focusDevice-bound, continuous device-trust authenticationTrue passwordless workforce MFA (no password fallback)Unified identity orchestration + authentication + fraud + verification
Standards supportFIDO2/WebAuthn; certified FIDO2 solution providerFIDO2/WebAuthn; external security key supportPasskeys (FIDO2), OTP, mobile biometrics, magic links, social login
Deployment modelCloud SaaSCloud SaaSCloud SaaS, microservices architecture
Target usersWorkforce / employees, B2B adminsWorkforce / employees, large enterprisesWorkforce, B2C, and B2B customers in one platform
Device risk signalsNative device posture + CrowdStrike Falcon Zero Trust Assessment + AWS IAM integrationHardware-backed authenticator, external security key supportFraud detection and risk scoring as a separate Mosaic module
Compliance attestationsSOC 2 Type 2; FIDO2-certified solution providerSOC 2 Type 2, ISO 27001, ISO 27017, ISO 27018Not publicly itemized on vendor marketing pages at time of research
Free tier availableYes — Free Passwordless for Workforce and Free Passwordless for Customers, unlimited users, $0No public free tier identifiedNo free tier; entry package starts at paid enterprise pricing
Entry pricing (published)$6/user/month (Advanced for Workforce); $0.016/MAU/month (Advanced for Customers)Quote-based; no official public per-user price$100,000/year for 100K MAU (Mosaic for Identity); $200,000/year for 100K MAU (Full Platform)
Identity verification moduleNot a core product lineNot a core product lineYes — Mosaic for Identity Verification, from $50,000/year for 100K ID checks
Fraud/threat detection moduleDevice risk integration via partnersNot a core product lineYes — Mosaic for Identity Fraud and Threat Detection & Response, from $100,000/year per 10M logins
PeerSpot category rank (Sept. 2026)#9#3, average rating 8.0/10#5, average rating 7.3/10
Journey builder / no-code flowsLimited, policy-basedLimited, policy-basedYes — drag-and-drop orchestration designer

A few things stand out immediately. Beyond Identity is the only one of the three with a genuine no-cost tier, which matters for smaller teams that want to pilot phishing-resistant login before committing budget. Transmit Security is priced for platform breadth, not seat count, which makes it the most expensive entry point by a wide margin but also the only one that folds identity verification and fraud detection into the same contract. HYPR sits in between on scope but keeps its pricing behind a sales conversation entirely, which is common in workforce IAM but makes side-by-side cost comparison harder for buyers doing early-stage research.

Pricing Breakdown: What Each Platform Actually Costs

Enterprise identity software is notorious for pricing that only becomes real once a sales rep is on the phone, and these three vendors are no exception. Still, published numbers exist for two of the three, and they tell a useful story about how each company wants to be bought.

VendorPlan / SKUPublished PriceBilling Unit
Beyond IdentityFree Passwordless for Workforce$0Unlimited users
Beyond IdentityFree Passwordless for Customers$0Unlimited users
Beyond IdentityAdvanced for Workforce$6Per user / month
Beyond IdentityAdvanced for Customers$0.016Per monthly active user (MAU) / month
HYPRHYPR Authenticate (all tiers)Quote-based, not publicly listedEnterprise contract
Transmit SecurityMosaic for Identity Verification$50,000/yearPer 100,000 ID checks
Transmit SecurityMosaic for Identity (orchestration + auth + user management)$100,000/yearPer 100,000 MAU
Transmit SecurityMosaic Identity Fraud and Threat Detection & Response$100,000/yearPer 10 million logins
Transmit SecurityFull Mosaic Platform (all services)$200,000/yearPer 100,000 MAU

Do the math and the gap is large. A 5,000-employee company on Beyond Identity’s Advanced for Workforce tier at $6 per user per month would pay roughly $360,000 a year before any volume discount. The same company buying Transmit Security’s full Mosaic platform for 100,000 MAU would pay a flat $200,000 a year regardless of exact headcount inside that band, but would be buying a much wider bundle including fraud detection and identity verification it may not need if the goal is simply to retire passwords for internal logins. HYPR’s refusal to publish pricing means procurement teams should budget for a multi-week quoting process and expect the number to land somewhere in the same ballpark as Beyond Identity’s paid tiers, based on how the company positions itself against comparable workforce MFA vendors.

Three-Year Cost Estimate for a 2,000-Employee Organization

Published list prices rarely survive contact with a real procurement process, but they’re still the best starting point for a rough budget conversation. Using only the confirmed public figures above, here’s how a 2,000-employee company’s workforce authentication spend would look over three years on each platform, assuming no enterprise discount and, for Transmit Security, the narrower Mosaic for Identity package rather than the full platform.

PlatformBasisYear 13-Year Total
Beyond Identity (Advanced for Workforce)$6/user/month × 2,000 users$144,000$432,000
HYPR AuthenticateQuote-based, no public figureUnknown — requires vendor quoteUnknown — requires vendor quote
Transmit Security (Mosaic for Identity)$100,000/year flat, per 100K MAU band$100,000$300,000

At exactly 2,000 users, Transmit Security’s flat-band pricing actually undercuts Beyond Identity’s per-seat model, because the MAU band caps at 100,000 regardless of whether an organization has 2,000 or 90,000 active users inside it. That math flips the other way for a very small company: a 200-person team would pay Beyond Identity roughly $14,400 a year on the same tier, while Transmit Security’s $100,000 floor makes it a poor fit regardless of headcount. This is the practical reason per-seat and flat-band pricing models aren’t directly comparable without first fixing a specific company size, and it’s why HYPR’s total lack of public pricing is a genuine planning problem for teams trying to build an early budget estimate before engaging sales.

Benchmarks and Independent Ratings: How the Three Stack Up

There is no standardized lab benchmark for authentication platforms the way there is for GPUs or CPUs, so the closest equivalent is peer-review aggregation, analyst tracking, and published compliance attestations. Pulling from three separate sources paints a consistent picture.

First, PeerSpot’s passwordless authentication category ranking, last updated in September 2026, places HYPR at #3 in the category with an average user rating of 8.0 out of 10, Transmit Security at #5 with an average of 7.3 out of 10, and Beyond Identity further down the list at #9. PeerSpot rankings are built from verified enterprise IT practitioner reviews, which makes them a reasonable proxy for real deployment satisfaction even though the sample sizes for any single vendor are modest.

Second, on compliance and standards conformance, HYPR currently discloses the broadest certification set of the three: SOC 2 Type 2 plus ISO 27001, 27017, and 27018. Beyond Identity discloses SOC 2 Type 2 and its FIDO2-certified solution provider status. Transmit Security does not itemize an equivalent public certification list on its marketing pages, which doesn’t necessarily mean it lacks those attestations, but it does mean buyers evaluating on compliance paperwork alone will need to request documentation directly rather than find it published.

Third, the macro data from Verizon’s 2025 DBIR and the FIDO Alliance’s 2025 consumer survey functions as an industry-wide benchmark for why this category exists at all. With 22% of breaches tracing back to compromised credentials, and with the SMB-focused Basic Web Application Attacks pattern showing stolen-credential involvement near 88%, any platform in this comparison that actually eliminates the shared secret is addressing the single largest initial-access category tracked by Verizon’s researchers. That context matters more than any single vendor’s feature checklist, because it explains why “phishing-resistant” has become the baseline requirement security teams now write into RFPs rather than a nice-to-have.

Security and Compliance Certifications Compared

For regulated industries, the certification paperwork is often what actually decides a purchase, regardless of feature fit. HYPR’s combination of SOC 2 Type 2 and a three-part ISO 27000-series stack (27001 for information security management, 27017 for cloud security, and 27018 for protection of personal data in the cloud) gives it an edge with buyers in finance, healthcare, and government-adjacent sectors that ask for ISO evidence as a baseline vendor requirement. Beyond Identity’s FIDO2-certified solution provider status is a more narrowly technical credential: it confirms the platform’s WebAuthn implementation has passed FIDO Alliance interoperability and security testing, which matters for teams worried about credential portability and standards drift. Transmit Security’s public pages do not lay out an equivalent certification list, so any procurement process should treat that as an open question to raise directly with the vendor rather than an assumption either way.

It’s also worth being precise about NIST SP 800-63, the U.S. government’s digital identity guideline. None of the three vendors holds a formal “NIST certification” for this standard, because NIST 800-63 is published guidance rather than a certifiable product standard the way FIDO2 conformance testing is. Vendor marketing that claims outright “NIST-certified” status for this guideline should be read with caution; what buyers should actually ask for is a mapping document showing how the vendor’s authenticator assurance levels align with 800-63’s AAL2 or AAL3 tiers.

Integration Ecosystem: Fitting Into an Existing Identity Stack

No passwordless platform replaces an entire identity stack on day one. It has to sit alongside an existing identity provider, an endpoint security tool, and whatever SSO layer already governs SaaS access. Beyond Identity’s own documentation confirms integrations with AWS IAM for phishing-resistant cloud console access and with CrowdStrike Falcon, where the platform can ingest Falcon’s Zero Trust Assessment risk score and factor live endpoint health into the authentication decision. That CrowdStrike tie-in is a meaningful differentiator for organizations that already standardized on Falcon for EDR and want device risk enforced at login rather than only monitored after the fact.

HYPR’s standards-first approach means it integrates anywhere FIDO2/WebAuthn and external security keys are supported, which in practice covers most modern identity providers and SSO products out of the box, without requiring a proprietary connector for every platform. Transmit Security’s Mosaic takes the opposite approach: instead of plugging into an existing orchestration layer, it positions itself as the orchestration layer, with its drag-and-drop journey builder designed to sit in front of downstream identity providers, fraud engines, and verification services and route users through whichever authentication path fits their risk profile. That makes Mosaic the more ambitious integration play, better suited to teams that want to consolidate rather than augment.

Real-World Use Cases: Where Each Platform Fits

Here are five scenarios that map cleanly to one of the three platforms based on the verified specs above.

A mid-size SaaS company retiring VPN-based remote access. A 400-person engineering organization moving to a zero trust network wants every login to confirm both identity and device health before granting access to internal tools, rather than trusting anyone who happens to have the right VPN client installed. Beyond Identity’s native device-trust checks, combined with its free workforce tier for smaller teams, make it a low-friction pilot before scaling into the paid Zero Trust Identity & Device tier. Engineering teams in particular benefit because the device-binding model blocks access from personal, unmanaged laptops without requiring a separate MDM rollout first.

A regulated bank replacing SMS-based MFA for call-center staff. Financial services firms need ISO 27001-backed vendor documentation for audit purposes and a guarantee that no password exists anywhere as a fallback an attacker could target, since SMS codes are both phishable and subject to SIM-swapping fraud that regulators have flagged repeatedly. HYPR’s certification stack and “true passwordless” architecture directly answer both requirements, and its support for external hardware security keys gives call-center floors a shared-workstation option that doesn’t depend on every agent carrying a personal smartphone onto the floor.

A consumer fintech app onboarding new customers with identity verification built in. A digital bank that needs to verify a new customer’s government ID, score fraud risk, and then issue a passkey for future logins, all in one flow, is a poor fit for a workforce-only tool that was never built to handle document scanning or biometric liveness checks. Transmit Security’s Mosaic for Identity Verification and Mosaic for Identity Fraud and Threat Detection & Response modules cover that entire lifecycle under one contract, with the drag-and-drop journey builder letting product teams adjust the onboarding flow without waiting on an engineering sprint.

A healthcare provider standardizing on CrowdStrike for endpoint protection. Hospital IT departments that already run Falcon across managed workstations can extend that investment directly into login decisions using Beyond Identity’s native CrowdStrike integration, denying authentication from any device Falcon flags as non-compliant, whether that’s a missing endpoint agent, an outdated OS patch level, or an active detection on the machine. That closes a gap where a device could pass an EDR check but still log into a clinical system with a phishable password.

A large enterprise consolidating three separate B2B, B2C, and workforce identity systems. Organizations running one identity stack for employees, a different one for partner portals, and a third for customer-facing apps face real integration overhead, duplicated vendor contracts, and inconsistent security policy across each silo. Transmit Security’s pitch is explicitly built for this consolidation scenario, with Mosaic’s modular pricing letting a buyer start with orchestration and authentication and add fraud and verification services later without a platform migration, which matters most for enterprises where a full identity re-platforming project would otherwise take years.

Pros and Cons of Each Platform

Beyond Identity

Pros: Genuine free tier for both workforce and customer use cases; continuous device-trust checks baked into every authentication event, not just enrollment; native CrowdStrike Falcon and AWS IAM integrations; FIDO2-certified solution provider status.

Cons: Narrower scope than Mosaic, with no built-in identity verification or fraud detection modules; lowest PeerSpot category ranking of the three at #9; compliance disclosures are limited to SOC 2 Type 2 without the broader ISO stack HYPR publishes.

HYPR

Pros: Highest PeerSpot category rating of the three (8.0/10, ranked #3); broadest published compliance stack, with SOC 2 Type 2 plus three ISO 27000-series certifications; strict “no password anywhere” architecture removes fallback attack paths entirely; strong standards-based FIDO2/WebAuthn compatibility.

Cons: No published pricing at all, forcing every buyer through a sales quote process; no free tier for smaller teams to trial the product; narrower feature scope than Mosaic, with no native identity verification or fraud detection modules.

Transmit Security (Mosaic)

Pros: The only platform of the three covering authentication, identity verification, and fraud detection under one contract; drag-and-drop orchestration for designing custom login journeys without engineering work; flat MAU-based pricing that’s transparent once you know your user volume; supports the widest range of authentication methods, including passkeys, OTP, biometrics, magic links, and social login.

Cons: Highest entry price of the three by a wide margin, starting at $100,000/year even for the narrowest Mosaic for Identity package; no public certification list to point to during procurement; middle-of-the-pack PeerSpot rating (7.3/10, ranked #5); broader platform scope can be more than a team needs if the only goal is retiring workforce passwords.

Migration Guide: Moving From Passwords to a Passwordless Platform

Rolling out any of these three platforms follows roughly the same sequence, regardless of which vendor you choose. Rushing this process is the most common reason passwordless rollouts stall or get rolled back.

  1. Inventory your authentication surface. List every application, VPN, and internal tool that currently checks a password or MFA code, and note which ones support FIDO2/WebAuthn natively versus which will need a SAML or OIDC front-end from your identity provider. Our FIDO2 passkey setup guide walks through the enrollment side of this step in more detail.
  2. Pick a pilot group, not a company-wide cutover. Start with IT and security teams first, since they can troubleshoot their own enrollment issues, then expand to a single business unit before a full rollout.
  3. Decide on device enrollment method. Beyond Identity and HYPR both require binding a cryptographic credential to a specific device; decide whether that’s a company-managed laptop, a personal phone acting as an authenticator, or a hardware security key for shared or kiosk-style machines.
  4. Map device risk signals if you run EDR. If your organization already uses CrowdStrike Falcon, Beyond Identity’s native integration means device posture data can inform authentication decisions from week one rather than requiring a separate project.
  5. Keep a break-glass fallback path — but lock it down hard. Even HYPR’s “no password anywhere” model still requires an emergency access procedure for lost devices; that procedure should require secondary verification through IT, not a simple password reset.
  6. Run both systems in parallel during a grace period. Give users two to four weeks where passwordless login is available but the old MFA method still works as a fallback, then set a hard cutover date communicated well in advance.
  7. Turn off the legacy method entirely. A passwordless rollout provides zero security benefit if the phishable password or SMS code is still accepted as an alternative; the whole point is removing that attack surface, not adding a second front door.
  8. Audit and re-certify quarterly. Review enrolled devices, remove stale credentials from offboarded employees immediately, and re-verify that any identity provider integrations (Okta, Entra ID, or similar) are still correctly enforcing the passwordless policy rather than silently allowing a password fallback somewhere in the stack.

Which Platform Should You Choose?

There isn’t a single winner here, because the three products aren’t really competing for the same budget line in every case.

Choose Beyond Identity if budget is a real constraint and you want to start with a free tier before committing spend, if you already run CrowdStrike Falcon and want device posture wired directly into login decisions, or if your primary goal is workforce access rather than customer-facing identity.

Choose HYPR if you’re in a regulated industry that needs the broadest available compliance paperwork up front, if “no password anywhere in the system, including as a fallback” is a non-negotiable security requirement, or if PeerSpot’s practitioner ratings and #3 category ranking carry weight in your vendor evaluation process.

Choose Transmit Security if you need to solve workforce authentication, customer identity verification, and fraud detection at the same time under one vendor relationship, if you’re consolidating multiple disconnected identity systems, or if a flat MAU-based enterprise contract is easier for your procurement team to approve than a per-seat model that scales awkwardly with headcount.

The Verdict

Based on the verified data gathered for this comparison, Beyond Identity wins on accessibility, with a genuine free tier and the lowest published paid-tier entry price at $6 per user per month, making it the easiest of the three to actually test before a big commitment. HYPR wins on trust signals, carrying the broadest compliance certification stack and the highest PeerSpot practitioner rating (8.0/10, #3 in category) of the group, at the cost of a fully opaque pricing process. Transmit Security wins on scope, bundling authentication with identity verification and fraud detection in a way neither competitor attempts, but that breadth comes with the highest entry price of the three, starting at $100,000 a year even before adding the full platform.

For a team whose only job is retiring passwords and phishable MFA codes for employees, Beyond Identity or HYPR will get there faster and cheaper. For a team that needs to solve authentication, identity verification, and fraud detection across employees and customers in one motion, Transmit Security’s Mosaic is the only one of the three built for that scope from the ground up. Given that Verizon’s own 2025 DBIR data shows compromised credentials are still involved in roughly a fifth of all breaches, the real failure mode in 2026 isn’t picking the “wrong” one of these three products. It’s leaving a password-based fallback active anywhere in the stack after the rollout is supposedly done.

Frequently Asked Questions

Is passwordless authentication the same thing as passkeys?
Passkeys are the consumer-facing brand name for FIDO2/WebAuthn credentials, which is the same underlying cryptography that enterprise platforms like Beyond Identity and HYPR use for workforce authentication. All three vendors in this comparison build on FIDO2 standards in some form, though Transmit Security’s Mosaic also supports additional methods like OTP and mobile biometrics alongside passkeys.

Which of the three platforms is cheapest for a small team?
Beyond Identity is the only one with a published free tier, offering unlimited users on its Free Passwordless for Workforce and Free Passwordless for Customers plans. HYPR and Transmit Security both require a sales conversation, and Transmit Security’s published packages start at $50,000 to $100,000 a year, making it impractical for small teams regardless of actual headcount.

Does any of these platforms eliminate MFA prompts entirely?
Yes, in the sense that a FIDO2-based passwordless login is itself a strong, phishing-resistant factor, so it replaces the separate password-plus-code flow with a single cryptographic authentication step. HYPR markets this most explicitly with its “true passwordless” positioning, meaning no password exists anywhere in the system as a fallback.

Can Beyond Identity, HYPR, or Transmit Security replace Okta or Microsoft Entra ID?
No. All three are authentication layers designed to plug into an existing identity provider and SSO stack, not replace it. Beyond Identity and HYPR sit in front of the login step and hand off to the existing IdP, while Transmit Security’s Mosaic positions itself as an orchestration layer that can route users through multiple identity providers and services rather than acting as the IdP itself. For a look at how the underlying identity providers themselves compare, see our breakdown of Entra ID vs. Okta vs. Auth0.

What certifications should I ask for during procurement?
At minimum, ask for SOC 2 Type 2 reports and FIDO2 certification evidence from any vendor in this category. HYPR currently publishes the widest certification list among the three, including ISO 27001, 27017, and 27018 alongside SOC 2 Type 2. Transmit Security does not list an equivalent public certification set, so request that documentation directly during evaluation rather than assuming it exists or doesn’t.

Is HYPR’s or Transmit Security’s actual pricing publicly available anywhere?
HYPR does not publish pricing on its own site or through major third-party marketplaces, so expect a quote-based sales process. Transmit Security does publish baseline figures on its own pricing page: $50,000/year for identity verification, $100,000/year for its core identity module, and $200,000/year for the full Mosaic platform, all calculated per 100,000 monthly active users.

Why does credential theft still work if passwordless authentication has existed for years?
Because most organizations haven’t actually deployed it yet, or have deployed it with a password fallback still active somewhere in the stack. Verizon’s 2025 DBIR still attributes 22% of breaches to compromised credentials, which reflects how much of the enterprise world is still running password-plus-MFA rather than true FIDO2-based passwordless authentication.

Do any of these platforms support hardware security keys like YubiKeys?
HYPR explicitly supports external security keys alongside its hardware-backed authenticator app, which makes it a strong fit for shared workstations or high-security environments where a phone-based passkey isn’t practical. Beyond Identity and Transmit Security both build on FIDO2/WebAuthn as well, which is the same standard hardware security keys use, though each vendor’s own documentation should be checked for specific key model compatibility before purchasing hardware at scale.

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Elias Virtanen

Elias Virtanen

Cybersecurity Analyst

Elias Virtanen is the Cybersecurity Analyst at Tech Insider, bringing hands-on expertise from his background in penetration testing and security consulting. He previously worked as a security researcher at F-Secure in Helsinki, where he focused on threat intelligence and vulnerability disclosure. Elias covers ransomware trends, zero-trust architecture, and the evolving regulatory landscape including NIS2 and the EU Cyber Resilience Act. He holds a CISSP certification and an MSc in Information Security from Aalto University.

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