Jumio Wins Cutting Edge Fraud Prevention Award at 13th Annual Global InfoSec Awards
Jumio Wins Cutting-Edge Fraud Prevention Award at 13th Annual Global InfoSec Awards SUNNYVALE, Calif. – Jumio, a leading provider of automated, AI-driven biometric identity verification, risk assessment, and compliance solutions, has been honored with the Cutting Edge Fraud Prevention Solution award by Cyber Defense Magazine. This recognition comes at a crucial time, as AI-driven cyber threats are becoming increasingly sophisticated. Jumio's platform integrates multiple advanced technologies, such as artificial intelligence (AI), biometrics, liveness detection, and connected intelligence, to combat fraud and enhance digital trust. By employing a multi-layered defense strategy, Jumio addresses a broad spectrum of attack vectors while being supported by an extensive patent portfolio of nearly 100 unique patent families. This comprehensive approach ensures that businesses using Jumio's services are well-equipped to handle the ever-evolving threat landscape. Robert Prigge, CEO of Jumio, commented, "In a world where identity fraud becomes more complex each day, this award underscores our commitment to equipping organizations with smarter, more secure methods to authenticate and trust their customers." He emphasized the company's dedication to innovation and practical solutions that keep their clients ahead of fraudsters. Gary S. Miliefsky, the publisher of Cyber Defense Magazine, added, "Jumio exemplifies the qualities we seek in award winners: foresight into future threats, cost-effective solutions, and groundbreaking innovations. Their technology is vital in mitigating cyber risks and staying ahead of potential breaches." For further details on Jumio and its groundbreaking, AI-powered solutions, visit jumio.com. About Jumio Jumio empowers organizations to securely verify and trust their customers online. From initial account opening to continuous monitoring, the Jumio Platform offers advanced identity verification, risk signals, and compliance solutions, ensuring accurate trust establishment and maintenance. Utilizing automation, biometrics, AI/machine learning, liveness detection, and no-code orchestration with hundreds of data sources, Jumio effectively combats fraud and financial crime, streamlines customer onboarding, and supports regulatory compliance such as Know Your Customer (KYC) and Anti-Money Laundering (AML). To date, Jumio has processed over 1 billion transactions across more than 200 countries and territories. Headquartered in Sunnyvale, California, Jumio operates globally with offices in North America, Latin America, Europe, Asia-Pacific, and the Middle East. The company has garnered numerous accolades for its innovative technology and is backed by investors including Centana Growth Partners, Great Hill Partners, and Millennium Technology Value Partners. For more information, visit www.jumio.com. About Cyber Defense Magazine Cyber Defense Magazine is a top source of cybersecurity news and insights for information security professionals in both business and government. Managed and published by ethical, passionate experts in the field, CDM's mission is to disseminate cutting-edge knowledge, real-world stories, and recognition for the best ideas, products, and services in the IT industry. They offer free monthly electronic magazines and special editions for the RSA Conferences. CDM is part of the Cyber Defense Media Group, and additional resources can be found at cyberdefensemagazine.com, cyberdefensetv.com, and cyberdefenseradio.com. For informative webinars, visit cyberdefensewebinars.com and discover how infosec knowledge can empower your organization.
