Cyber Defense Magazine Recognizes Jumio for InfoSec Innovation

PALO ALTO, Calif., March 04, 2019 (GLOBE NEWSWIRE) -- Jumio, the leading AI-powered trusted identity as a service provider, today announced it was named Market Leader in Compliance, Best Product in Biometrics and Best Product in Fraud Prevention by the 2019 InfoSec Awards.

Jumio today announced it was named Market Leader in Compliance, Best Product in Biometrics and Best Product in Fraud Prevention by the 2019 InfoSec Awards.

Now in its seventh year, the InfoSec Awards, created by Cyber Defense Magazine, is an annual review of the market-leading, next-generation and cutting-edge InfoSec companies offering innovative cybersecurity products and services. Jumio was judged by CISSP, FMDHS and CEH-certified security professionals who voted based on their independent review of the company’s data sheets, white papers, product literature and other market variables.

Jumio’s mission is to make the internet a safer place by protecting the online ecosystem against fraud and bad actors with end-to-end identity verification and authentication solutions. 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 against identity theft, account takeover and other flavors of online fraud.

“This recognition validates the need for advanced identity verification solutions as cybercrime continues to gain momentum,” said Stephen Stuut, CEO of Jumio. “By leveraging biometrics and AI to verify user identity, we are taking the necessary steps to fight online fraud and tackle security challenges. We are honored our efforts were recognized by Cyber Defense Magazine, and we will continue to invest in new technologies to ensure that we continue to innovate in the InfoSec industry.”

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.

“Jumio was named a winner in three different categories after we reviewed nearly 3,000 global InfoSec companies, because they are leading industry innovators in biometrics, fraud prevention and compliance,” said Gary S. Miliefsky, Publisher, Cyber Defense Magazine.

These award wins highlight a momentous 2019 for Jumio. Jumio was recently named one of Fast Company’s Most Innovative Companies, a Best Place to Work by Business Intelligence Group, the Fastest Growing Cybersecurity Company in the 2019 Cybersecurity Excellence Awards and one of the Best Places to Work in FinTech by SourceMedia. To learn more about Jumio, visit www.jumio.com. To learn more about Cyber Defense Magazine’s InfoSec Awards, visit www.cyberdefenseawards.com.

About Jumio
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.

Media Contact
Jake Kasowski
10Fold Communications
jumio@10fold.com
(360) 635-8646

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/1430a4b5-8168-420b-8d68-9ca3e8cac390

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