Onfido Wins “AI-Based CyberSecurity Solution of the Year” in the 2020 CyberSecurity Breakthrough Awards
Summary
SAN FRANCISCO--(BUSINESS WIRE)--Onfido, the global identity verification and authentication company, today announced that it has been honored for its innovative artificial intelligence-powered identity verification and authentication solution in the 2020 CyberSecurity Breakthrough Awards, an awards program that recognizes the world’s best information security companies, products and people. “The UN estimates that $2T is laundered each year and with COVID-19, fraudsters are not letting up, syphoning off millions of dollars in relief from those that need it most,” said Husayn Kassai, CEO and Co-founder at Onfido. “We feel proud that our AI-based approach is being recognized as a key tool in the fight against fraud, especially at a time when companies are accelerating their digital transformation plans and need to know they can continue to deliver and scale their services while stopping bad actors in their tracks.” Onfido joins an impressive list of top companies and startups from the larger information security industry, including: Fortinet, Avast, Raytheon, LexisNexis, McAfee, F-Secure, Fastly, Proofpoint, and LogMeIn. The company digitally proves a user’s real identity using artificial intelligence (AI), by verifying a photo ID and comparing it to the person’s facial biometrics. Onfido has raised $200m in funding, and with approximately 400 team members across seven countries, is enabling digital access for some of the largest companies around the world.
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