Latest news with #Yubico
Irish Times
4 days ago
- Business
- Irish Times
Co-founder of Swedish internet security company named EY World Entrepreneur of the Year
Stina Ehrensvärd, co-founder of Swedish internet security company Yubico, has been named EY World Entrepreneur of the Year 2025 at an award ceremony in Monaco's Salle des Etoiles. Ms Ehrensvärd was selected from almost 5,000 participants that included 52 winners across 43 countries and jurisdictions competing for the global title. She is the fourth woman to hold the title and first winner from Sweden in the award's 25-year history. EY Ireland Entrepreneurs of the Year 2024 Sharon Cunningham and Orlaith Ryan of Shorla Oncology represented Ireland at the event. READ MORE EY said Ms Ehrensvärd built an 'industry-leading and highly profitable company that has set new standards for internet security'. She further created 'exponential growth for her company and a lasting impact on Sweden and its people'. Yubico was cofounded by Ms Ehrensvärd in 2007. Within a year, the company had launched its first physical security key for multi-factor authentication. Over the following five years, it secured work with three of the biggest technology companies in Silicon Valley. Since then, Ms Ehrensvärd has scaled Yubico to where it now protects 19 of the world's 20 largest internet companies. Its compound annual growth rate has been 40 per cent since 2020. EY chief executive Janet Truncale said Ms Ehrensvärd's 'defining philosophy that a secure digital identity is a basic human right is exactly the type of purpose-driven leadership we look to celebrate'. Ms Ehrensvärd said she was 'committed to saving the internet for democracy, for free speech, for education, for all the beautiful things we can do with it'. 'This recognition isn't the finish line,' she said. 'It's fuel. We are building a safer digital world, and I won't stop until that mission is fulfilled.' The winner was chosen by an independent panel of judges against four criteria: entrepreneurial spirit, purpose, growth and impact.
Malaysian Reserve
4 days ago
- Business
- Malaysian Reserve
Stina Ehrensvärd from Sweden named EY World Entrepreneur Of The Year™ 2025
MONACO, June 6, 2025 /PRNewswire/ — Stina Ehrensvärd, founder of Yubico, was named the EY World Entrepreneur Of The Year 2025 at an award ceremony held in Monaco's Salle des Etoiles. Stina was selected from among nearly 5,000 program participants that included 52 winners across 43 countries and jurisdictions competing for the global title. She is the fourth woman to hold the title and first winner from Sweden in the award's 25-year history. Stina is a natural business leader whose determination, drive and innovative mindset has created exponential growth for her company and a lasting impact on Sweden and its people. She has built an industry-leading and highly profitable company that has set new standards for internet security. Through her unwavering commitment to creating a safer and more secure world, Stina has successfully driven systemic change — protecting digital identities, strengthening democracy and building global trust in the connected world. In 2007, she co-founded Yubico, a company with the mission to make the internet safer for everyone. Within a year the company launched its first YubiKey, a physical security key for multifactor authentication (MFA), and over the next five years, it transformed the entire cybersecurity landscape by securing work with three of the biggest technology companies in Silicon Valley. Since then, Stina has scaled Yubico to where it now protects 19 of the world's 20 largest internet companies and its compound annual growth rate (CAGR) has been 40% since 2020. Janet Truncale, EY Global Chair and CEO, says: 'Stina Ehrensvärd exemplifies the spirit of entrepreneurship, a visionary leader who is confidently shaping the future through these disruptive times. Her achievements at Yubico are remarkable on their own – consistently creating new value and making a societal impact – but Stina's story goes much deeper. Her defining philosophy that a secure digital identity is a basic human right is exactly the type of purpose-driven leadership we look to celebrate with EY World Entrepreneur Of The Year. In this milestone year marking the 25th anniversary of the competition, Stina is a truly deserving world winner and an inspiration to us all.' Stina Ehrensvärd, co-founder of Yubico, says: 'I want to express my deepest gratitude to everyone who has played a part in making this moment possible. The incredible teams within our company, the unwavering support from EY and especially the EY team in Sweden, who have cheered me on and guided me throughout this journey. I'm committed to saving the internet for democracy, for free speech, for education, for all the beautiful things we can do with it. This recognition isn't the finish line. It's fuel. We are building a safer digital world, and I won't stop until that mission is fulfilled.' The EY organization hosts the annual World Entrepreneur of the Year event to celebrate the accomplishments of visionary leaders who are shaping the future with confidence, growing the economy and answering the call to address global challenges. The annual gathering brings together founders, CEOs and business leaders for a series of networking opportunities and workshops, culminating with the announcement of the EY World Entrepreneur of the Year. The EY World Entrepreneur of the Year 2025 was chosen by an independent panel of judges against four criteria: entrepreneurial spirit, purpose, growth and impact. This year's panel included a diverse and esteemed group of entrepreneurs from all over the world, chaired by Asif Ramji, Founder and CEO of Venture Worx. Notes to editors About EY EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets. Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow. EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories. All in to shape the future with confidence. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients. Eric Minuskin EY Global Media Relations +1 908 770 9758 Photo – – View original content:
Yahoo
4 days ago
- Business
- Yahoo
Stina Ehrensvärd from Sweden named EY World Entrepreneur Of The Year™ 2025
MONACO, June 6, 2025 /PRNewswire/ -- Stina Ehrensvärd, founder of Yubico, was named the EY World Entrepreneur Of The Year 2025 at an award ceremony held in Monaco's Salle des Etoiles. Stina was selected from among nearly 5,000 program participants that included 52 winners across 43 countries and jurisdictions competing for the global title. She is the fourth woman to hold the title and first winner from Sweden in the award's 25-year history. Stina is a natural business leader whose determination, drive and innovative mindset has created exponential growth for her company and a lasting impact on Sweden and its people. She has built an industry-leading and highly profitable company that has set new standards for internet security. Through her unwavering commitment to creating a safer and more secure world, Stina has successfully driven systemic change — protecting digital identities, strengthening democracy and building global trust in the connected world. In 2007, she co-founded Yubico, a company with the mission to make the internet safer for everyone. Within a year the company launched its first YubiKey, a physical security key for multifactor authentication (MFA), and over the next five years, it transformed the entire cybersecurity landscape by securing work with three of the biggest technology companies in Silicon Valley. Since then, Stina has scaled Yubico to where it now protects 19 of the world's 20 largest internet companies and its compound annual growth rate (CAGR) has been 40% since 2020. Janet Truncale, EY Global Chair and CEO, says: "Stina Ehrensvärd exemplifies the spirit of entrepreneurship, a visionary leader who is confidently shaping the future through these disruptive times. Her achievements at Yubico are remarkable on their own – consistently creating new value and making a societal impact – but Stina's story goes much deeper. Her defining philosophy that a secure digital identity is a basic human right is exactly the type of purpose-driven leadership we look to celebrate with EY World Entrepreneur Of The Year. In this milestone year marking the 25th anniversary of the competition, Stina is a truly deserving world winner and an inspiration to us all." Stina Ehrensvärd, co-founder of Yubico, says: "I want to express my deepest gratitude to everyone who has played a part in making this moment possible. The incredible teams within our company, the unwavering support from EY and especially the EY team in Sweden, who have cheered me on and guided me throughout this journey. I'm committed to saving the internet for democracy, for free speech, for education, for all the beautiful things we can do with it. This recognition isn't the finish line. It's fuel. We are building a safer digital world, and I won't stop until that mission is fulfilled." The EY organization hosts the annual World Entrepreneur of the Year event to celebrate the accomplishments of visionary leaders who are shaping the future with confidence, growing the economy and answering the call to address global challenges. The annual gathering brings together founders, CEOs and business leaders for a series of networking opportunities and workshops, culminating with the announcement of the EY World Entrepreneur of the Year. The EY World Entrepreneur of the Year 2025 was chosen by an independent panel of judges against four criteria: entrepreneurial spirit, purpose, growth and impact. This year's panel included a diverse and esteemed group of entrepreneurs from all over the world, chaired by Asif Ramji, Founder and CEO of Venture Worx. Notes to editors About EY EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets. Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow. EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories. All in to shape the future with confidence. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients. Eric Minuskin EY Global Media Relations +1 908 770 9758 View original content: SOURCE EY Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-06-2025
- Business
- Yahoo
3 European Growth Companies With Strong Insider Ownership
As the European market navigates a period of trade negotiations and slowing inflation, indices like the STOXX Europe 600 have shown modest gains, reflecting cautious optimism among investors. In this environment, growth companies with strong insider ownership can be particularly appealing to investors seeking stability and alignment of interests, as insiders are often more committed to long-term success. Name Insider Ownership Earnings Growth Yubico (OM:YUBICO) 36.2% 30.4% CTT Systems (OM:CTT) 17.5% 34.2% KebNi (OM:KEBNI B) 38.3% 67% Pharma Mar (BME:PHM) 11.8% 43.1% Bonesupport Holding (OM:BONEX) 10.4% 56.1% Bergen Carbon Solutions (OB:BCS) 12% 63.2% Lokotech Group (OB:LOKO) 14.8% 58.1% Xbrane Biopharma (OM:XBRANE) 21.8% 56.8% Diamyd Medical (OM:DMYD B) 11.9% 93% Elliptic Laboratories (OB:ELABS) 22.9% 79% Click here to see the full list of 210 stocks from our Fast Growing European Companies With High Insider Ownership screener. We'll examine a selection from our screener results. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Pandox AB (publ) is a hotel property company that owns, develops, and leases hotel properties, with a market cap of approximately SEK31.06 billion. Operations: Pandox generates revenue through two primary segments: Leases, contributing SEK3.87 billion, and Own Operations, accounting for SEK3.28 billion. Insider Ownership: 11.1% Pandox AB, with high insider ownership and strategic acquisitions in Sweden and Germany, is positioned for growth. Recent expansions include a hotel in Kiruna, enhancing its portfolio amid a thriving tourism sector. Analysts forecast Pandox's earnings to grow significantly at 22.6% annually, outpacing the Swedish market. However, recent Q1 results showed a drop in net income to SEK 113 million from SEK 447 million last year. Despite this, insider buying suggests confidence in future prospects. Get an in-depth perspective on Pandox's performance by reading our analyst estimates report here. The valuation report we've compiled suggests that Pandox's current price could be quite moderate. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Swedencare AB (publ) develops, manufactures, markets, and sells animal healthcare products for cats, dogs, and horses across North America, Europe, and internationally with a market cap of SEK6.46 billion. Operations: The company's revenue is derived from segments in Europe (SEK522.20 million), Production (SEK701 million), and North America (SEK1.59 billion). Insider Ownership: 11.6% Swedencare, with significant insider ownership, is poised for growth despite a recent dip in net income to SEK 23.9 million from SEK 30.1 million last year. Analysts expect earnings to grow substantially at 41.6% annually, surpassing the Swedish market average of 15.9%. The company trades at a considerable discount to its estimated fair value and has seen more insider buying than selling recently, indicating confidence in its future performance amidst expected revenue growth of 10.8% per year. Navigate through the intricacies of Swedencare with our comprehensive analyst estimates report here. Upon reviewing our latest valuation report, Swedencare's share price might be too pessimistic. Simply Wall St Growth Rating: ★★★★★☆ Overview: Truecaller AB (publ) develops and publishes mobile caller ID applications for individuals and businesses across India, the Middle East, Africa, and internationally, with a market cap of approximately SEK23.04 billion. Operations: The company's revenue segment is primarily derived from Communications Software, amounting to SEK1.95 billion. Insider Ownership: 16% Truecaller exhibits strong growth potential with high insider ownership, trading 37.8% below its estimated fair value. Despite a recent decline in net income to SEK 101.73 million, revenue grew to SEK 505.44 million for Q1 2025. Analysts forecast earnings growth of 24% annually, outpacing the Swedish market's average. Truecaller's strategic partnerships enhance customer engagement and trust globally, while insiders have shown confidence by buying more shares than selling recently, although not in substantial volumes. Click here to discover the nuances of Truecaller with our detailed analytical future growth report. Our valuation report unveils the possibility Truecaller's shares may be trading at a discount. Take a closer look at our Fast Growing European Companies With High Insider Ownership list of 210 companies by clicking here. Ready For A Different Approach? The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 26 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include OM:PNDX B OM:SECARE and OM:TRUE B. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Techday NZ
03-06-2025
- Business
- Techday NZ
Exclusive: Yubico's Ronnie Manning discusses the importance of 'the human touch'
Artificial intelligence may be taking centre stage when it comes to digital innovation - but when it comes to cybersecurity, Ronnie Manning says the strongest defence remains "reassuringly human." "From a security standpoint, it still holds that we have to be able to prove in this world of AI that we're still human," Manning, Chief Brand Advocate at Yubico, explained during a recent interview. Manning highlighted the increasing sophistication of phishing, deepfakes, and identity spoofing powered by AI - threats that traditional security measures like passwords and SMS codes can no longer withstand. "Basic authentication just isn't enough," he said. "Traditional passwords are reused, stolen, and easily guessed. One-time passcodes can be intercepted or socially engineered out of someone. But you can't trick a YubiKey." The YubiKey, a small USB or NFC-enabled device, provides what's called phishing-resistant authentication. Unlike password-based systems, it cannot be accessed or triggered remotely. The key must be physically tapped or inserted to function. "There's no extractable code that can be stolen or shared," Manning explained. "It 100% requires that human touch." As Chief Brand Advocate, Manning is focused on awareness and education around how physical keys are emerging as a first line of defence. The push comes at a time when AI is reshaping both cybercrime and cybersecurity alike. "Everything at RSA this year was about AI," he said, referring to the global security conference held in San Francisco. "But among all that innovation, the question remains: how do we prove we're real people accessing our own accounts?" Yubico's answer is a physical key that seamlessly integrates with enterprise and consumer services. Platforms like Microsoft, Google, Okta, and countless others have adopted native support for security keys. "It's like a house key," Manning said. "You have to physically have it to get in." Two-factor authentication with a physical key is already seeing adoption beyond the tech sector. Cathay Pacific, the Hong Kong-based airline, introduced passkey login for its loyalty programme in May this year, bringing passwordless access to its customers. Meanwhile, Air New Zealand has supported physical security keys for over a year - and explicitly lists YubiKey as a recommended device for securing accounts. "Security keys are devices or features used to enhance the security of your online account," Air New Zealand's own guidance reads. "A physical security key, like YubiKey, is a small and portable hardware device that you can carry with you to verify your identity." The airline provides step-by-step instructions for linking a YubiKey to a frequent flyer account - including purchasing a key, enabling the security feature, and completing log-in via a physical tap. For Yubico, this kind of adoption is a major milestone. "You love to hear that," said Manning. The appeal is growing as AI-driven scams evolve rapidly. Whether it's cloned voices used in social engineering calls or websites mimicking familiar services with near-perfect accuracy, Manning said the pace of attack sophistication is outstripping traditional defences. "We're seeing deepfake video, phishing emails, fake reset pages - all of this can now be spun up instantly," he explained. "But if I don't use passwords or one-time codes, those attacks fall flat." Manning emphasised that YubiKey technology goes beyond just human interaction - it also verifies the authenticity of the services being accessed. "It actually checks if the login page is the correct origin before sending a credential," he said. "So even if an attacker builds a perfect replica of, say, a Google sign-in page, the key won't trigger unless the destination is verified." Crucially, the YubiKey ecosystem is expanding. Manning noted the steady rise in support for passkeys - cryptographic credentials designed to replace usernames and passwords altogether. Stored either on a YubiKey or securely in device-based password managers, passkeys remove the weakest link in digital authentication: the password itself. "We want to eliminate passwords. We want people to have the highest level of security delivered in an extremely easy experience," he said. "With a YubiKey, all I have to do is touch the device and I'm securely logged in." Enterprises are beginning to take note, with many deploying YubiKeys across their entire workforce. "The goal is to make every employee phishing resistant, which ultimately makes the enterprise phishing resistant," Manning said. And the strategy works just as well at home. Yubico encourages individuals to use YubiKeys for personal accounts and even secure their password managers with the device. "Good hygiene at the office can blend with good hygiene at home," Manning explained. Looking ahead, Yubico is focused on further expanding passkey support. "We're working with partners to get passkeys into as many apps and services as possible," Manning said. "Every week, new platforms are coming on board." But no matter how advanced the tools or how rapid the AI breakthroughs, Yubico's core philosophy remains rooted in the physical - and personal. "We want organisations to feel confident that the people accessing their systems are the right people," said Manning. "In a world of AI, the human touch still matters most."
