PRESS RELEASE
WEST PALM BEACH, Florida, April 8, 2024 (GLOBE NEWSWIRE) — Veriato has released its next-generation Insider Risk Management (IRM) solution, reimagined from the ground up to deliver superior insider risk management and threat detection. With organizations of all sizes facing an increasingly complex cybersecurity environment, Veriato IRM offers unprecedented flexibility and scalability by leveraging the power of GenAI.
Veriato’s IRM solution offers best-in-class technology for businesses looking to improve threat mitigation with AI-enabled predictive analytics that delivers better detection and predictability. According to IBM, the average cost of a single data breach has reached $4.45 million, a record high. Organizations need a holistic view of employee behavior to anticipate threats and reduce exposure and costs. The new platform offers the agility and usability that make it a must-have in the fight against growing insider threats. Features such as predictive risk intelligence, risk scoring, baseline and PII identification provide market-leading detection capabilities that are easy to deploy and manage.
Veriato IRM offers:
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Unprecedented risk detection capabilities with generative AI.
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Advanced identification of behavior patterns across login events, document activity, email activity, etc.
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Complex dimensional analysis, including risk scoring.
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Complete analysis of language and sentiment.
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Automatic PII/PHI identification with pre-trained RAG models.
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Flexible and scalable microservices architecture.
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Multiple deployment options: cloud, on-premise, hybrid.
Veriato IRM is the product of close collaboration with Veriato’s global customer base across numerous industries, including financial services, healthcare and government. Designed with a deep understanding of today’s changing workforce and the technology and data needs of today’s modern organization, Veriato IRM is the most advanced and usable solution on the market today.
“Internal risk management has become essential for organizations committed to protecting customer data, intellectual property and their employees now that the future of work is here. From boardrooms to SMBs, IRM is high on security agendas. Applying behavioral analytics to cyber allows leaders to anticipate breaches instead of simply reacting when they occur,” said Elizabeth Harz, CEO of Veriato. “We are extremely excited to build on our history as category creators and provide a new level of control, transparency, trust and, perhaps most importantly, proactivity.”
About Veriato
Veriato is reinventing the category it created, using AI-powered user behavior analytics to help businesses prevent risk and increase productivity in their remote, hybrid and office environments. Veriato’s platform offers solutions for Insider Risk Management (IRM), behavioral analytics, user activity monitoring (UAM), and data loss prevention (DLP) in one powerful platform. Veriato offers monitoring, key alerts, reporting and screenshots, allowing customers to be predictive and proactive rather than reactive, which are critical in cybersecurity. The platform helps global enterprises, SMEs and government agencies become more engaged, productive and secure.