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PALO ALTO, Calif., Feb. 27, 2019 (GLOBE NEWSWIRE) -- Jumio, the leading AI-powered trusted identity as a service provider, today announced the company was named the Gold Winner in the Fastest Growing Cybersecurity Company (1,000-4,999 employees), Artificial Intelligence Security and Fraud Prevention categories by the 2019 Cybersecurity Excellence Awards. Jumio was also recognized as a Silver Winner in the Identity and Access Management category.
This recognition comes on the heels of Jumio’s strong 2018 growth, in which Jumio increased its customer count by 60 percent and sales by 70 percent year-over-year. Jumio’s innovations, driven by augmented intelligence, machine learning and 3D liveness detection, have enabled the company to become the global leader in online identity proofing and ongoing authentication.
“The regular cadence of high-profile data breaches is putting pressure on companies to protect both their business and customers, especially as more and more sensitive transactions continue to move online,” said Stephen Stuut, CEO of Jumio. “The demand for Jumio’s identity verification solutions continues to increase as companies are investing in emerging technologies and are more focused on building trust in today’s digital world. We will continue to put innovation at the forefront to best protect our clients and their customers around the world.”
Jumio’s mission is to make the internet a safer place by protecting the online ecosystem against fraud and bad actors. Jumio supports some of the largest organizations across many sectors — including financial services, sharing economy, retail, travel, digital currency, healthcare and online gaming — and continues to grow as more companies turn to Jumio to protect their online businesses and customers.
The 2019 Cybersecurity Excellence Awards, Cybersecurity Insiders’ award program in partnership with the Information Security Community on LinkedIn, honor individuals, products and companies that demonstrate excellence, innovation and leadership in information security. Results are determined based on strength of the nomination and a popular vote by members of the Information Security Community.
"Congratulations to Jumio for being recognized as the Fastest Growing Cybersecurity Company in its size class, the Gold award winner in the Artificial Intelligence Security and Fraud Prevention categories, and Silver award winner in the Identity and Access Management category of the 2019 Cybersecurity Excellence Awards," said Holger Schulze, CEO of Cybersecurity Insiders and founder of the 400,000-member Information Security Community on LinkedIn that co-produces the awards program. "With over 500 entries in more than 90 award categories, the 2019 awards are highly competitive, and all winners truly reflect the very best in today's cybersecurity industry."
To learn more about Jumio and its award-winning end-to-end biometric identity verification solutions, visit jumio.com.
When identity matters, trust Jumio. Jumio’s mission is to make the internet a safer place by protecting the ecosystems of businesses through cutting-edge online identity verification and authentication services that quickly and accurately connect a person’s online and real-world identities. Jumio’s end-to-end identity verification solutions fight fraud, maintain compliance and onboard good customers faster.
Leveraging advanced technology including augmented intelligence, AI, biometrics, machine learning, certified 3D liveness detection and human review, Jumio helps organizations meet regulatory compliance including KYC, AML and GDPR and definitively establish the digital identity of their customers. Jumio has verified more than 160 million identities issued by over 200 countries and territories from real-time web and mobile transactions. Jumio’s solutions are used by leading companies in the financial services, sharing economy, digital currency, retail, travel and online gaming sectors. Based in Palo Alto, Jumio operates globally with offices in the North America, Latin America, Europe and Asia Pacific and has been the recipient of numerous awards for innovation. For more information, please visit www.jumio.com.
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A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/21d5c9a0-0846-45b8-b175-e25ef75c12f8