SOMERSET, N.J.--(BUSINESS WIRE)--1Kosmos, the only company that unifies identity proofing and passwordless authentication, today announced it is a SINET16 Innovator Award winner for 2022. The SINET16 companies are identified for delivering the most innovative and compelling technologies in their fields to address Cybersecurity threats and vulnerabilities.
Winners were selected from a pool of 194 applications from 18 countries this year, which has become more and more competitive since the program launched 13 years ago. They are evaluated in a series of two rounds by the SINET Judging Committee composed of 117 private and government security professionals including leading risk executives, experts in government intelligence and defense agencies, venture capitalists, and investment bankers.
SINET is dedicated to introducing leading innovators into the Cybersecurity industry and accelerating innovation by encouraging collaboration, breaking down communication barriers, and facilitating high-level sharing of ideas and best practices between senior-level security professionals from the private and public sectors and solution providers, buyers, researchers, and investors.
“Being named a SINET16 Innovator is a significant achievement and powerful recognition for the disruptive capabilities of the BlockID identity proofing and passwordless MFA platform,” said Hemen Vimadalal, CEO of 1Kosmos. “We are honored to have been singled out for this coveted award by such an esteemed panel of judges from across the cyber security community.”
“1Kosmos is delivering important security advancements towards the protection of corporations who are the fabric of our nation’s critical infrastructures and national security and economic interests,” said Robert D. Rodriguez, Chairman of SINET. “We are proud to play a role in accelerating innovation into a global marketplace by increasing the awareness of value-add companies like 1Kosmos and look forward to watching them continue to mature on their amazing entrepreneurial journeys.”
1Kosmos was selected based on cumulative scoring associated with:
● The urgency in the marketplace for their products and solutions
● How innovative and unique their solutions are
● How well their products and technologies solve real and significant cybersecurity problems
● What advantages exist over other solutions
● The companies’ ability to succeed based on the state of their product, capital, and leadership
1Kosmos BlockID is a live biometric driven, distributed digital identity platform that helps organizations establish with certainty the identity of individuals who are accessing their systems, applications and data, on a continuous basis, while supporting secure multi-factor passwordless authentication to online services. BlockID also provides organizations with secure, automated employee onboarding with self service identity proofing for access to corporate applications, data and resources. 1Kosmos establishes with certainty the identity of individuals accessing consumer, corporate and government systems, applications and data.
1Kosmos enables passwordless access for workers, customers and citizens to securely transact with digital services. By unifying identity proofing and strong authentication, the BlockID platform creates a distributed digital identity that prevents identity impersonation, account takeover and fraud while delivering frictionless user experiences. BlockID is the only NIST, FIDO2, and iBeta biometrics certified platform that performs millions of authentications daily for some of the largest banks, telecommunications and healthcare organizations in the world. The company is funded by Forgepoint Capital and Gula Tech Adventures with headquarters in Somerset, New Jersey. For more information, visit www.1kosmos.com and follow us on Twitter and LinkedIn.