Onfido Wins InfoSec Award for Best Next Gen Fraud Prevention Product at RSA Conference 2020

February 24, 2020 Paul Jarratt

Cyber Defence Magazine recognizes Onfido for InfoSec innovation in 8th annual awards. 

We’re extremely proud to announce that we have won Best Product for Next Gen Fraud Prevention from Cyber Defense Magazine (CDM), the industry’s leading electronic information security magazine.

“We recognized Onfido out of 3,000 applicants as an award-winning innovator because it is leading the industry in identity verification, offering a new and unique approach to defeating bad actors and preventing fraud,” said Pierlugi Paganini, editor-in-chief, Cyber Defense Magazine.

Now in its eighth year, the InfoSec Awards, created by CDM, are an annual review of the market-leading, next-generation and cutting-edge InfoSec companies offering innovative cybersecurity products and services. Onfido was singled out from over 3,000 companies for this award, 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.

“With the UN estimating that up to 5% of the world's GDP is made up of laundered money (used in terrorist financing, human/drug trafficking, etc.), the imperative to stop bad actors has never been greater,” said Husayn Kassai, CEO and co-founder of Onfido. “We feel privileged that our AI-based approach is being recognized as a key tool in this fight against fraudsters, especially from one of the most prestigious cybersecurity awards in the industry.” 

This recognition comes in the wake of Onfido’s strong 130% year-over-year growth in 2019, rapid US expansion and string of other recent accolades, including being ranked 1st on the FinTech50, 10th on Deloitte’s Fast 50 and 18th on Business Insider’s Tech 100.

With just a photo of an identity document and a selfie video, anyone can access a host of digital services in a matter of seconds from some of the biggest names in financial services, transportation, online marketplaces & communities, gambling and other industries—all fueled by Onfido’s AI-powered identity verification and authentication. 

To learn more about how we drive value for businesses, check out Forrester's Total Economic Impact Study.

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