Concentric Inc., a leading vendor of intelligent AI-based solutions for protecting business-critical data, today announced it has been recognized as an Excellence Award finalist in the Rookie Security Company of the Year Awards Category for the 2021 SC Awards. Finalists are recognized for outstanding leadership and providing superior security products to the cybersecurity industry. Winners will be announced online during Awards Week beginning May 3.
“The judges considered a record number of candidates for the Excellence Awards this year, but ultimately selected those that delivered to customers a sense of assurance that their data and systems would remain protected amid uncertain times, and also demonstrated a commitment not only to the success of their own companies, but to the state of national security across sectors,” said Jill Aitoro, editor in chief of SC Media and editorial director at CyberRisk Alliance. “Concentric and the other finalists for this year’s Excellence Awards understand the need to serve as true partners to the user community during times of unprecedented change.”
Concentric’s Semantic Intelligence™ automates unstructured and structured data security using deep learning to categorize data, uncover business criticality and reduce risk. Its Risk Distance™ analysis technology uses the baseline security practices observed for each data category to spot security anomalies in individual files. It compares documents with peers in the same category to identify risk from oversharing, third party access, and wrong location or misclassification. Organizations benefit from the expertise of content owners without intrusive classification mandates, with no rules, regex or policy maintenance needed.
“It is an honor to be selected as a Rookie Security Company of the Year finalist, and to be highlighted by SC Media’s select panel of judges,” said Karthik Krishnan, Concentric CEO. “Concentric stands out in the industry due to its use of advanced deep-learning technology to solve the ongoing challenges of unstructured and structured data security – both in the cloud and on-premises. We deliver the industry’s best autonomous data discovery and categorization capability for complete data protection that gives enterprises the tools they need to effectively manage risk. Offered as a SaaS platform, the solution’s time-to-value is days, not months or years as with other solutions.”
Now in its 24th year, SC Awards is recognized as the industry gold standard of accomplishment for cybersecurity professionals, products and services. Winners in the Excellence category are determined by an expert panel of judges with extensive knowledge and experience in the cybersecurity industry. The Excellence Awards honor the professionals, products and services that have proven to be the best in the industry for protecting today’s corporate world from an array of risks and threats.
Customers use Semantic Intelligence to discover and manage risks to privacy-sensitive and regulated data, such as customer data or personal health information. They also rely on the solution for their zero-trust data access governance programs, where the solution autonomously evaluates access based on document contents and meaning, not file folder locations, end-user markup or other unreliable access control alternatives. Semantic Intelligence protects all types of data, ranging from intellectual property to financial information to sensitive human resources files – continuously and autonomously.
About SC Media
SC Media is the essential resource for cybersecurity professionals, keeping them up to date on vital developments and focusing on their most important concerns. Whether practitioners or leaders, technologists or executives, people who care about cybersecurity turn to SC Media, every day and throughout the day, to stay informed and gain insight into the complex issues that matter in their strategic and technology decision-making. As CyberRisk Alliance’s gateway resource, SC Media taps into an authoritative community of thinkers and innovators to provide a full range of relevant and useful content, including exclusive market research and data, opinion and perspective, independent product reviews, compelling in-person and virtual learning, and much more.
About CyberRisk Alliance
CyberRisk Alliance (CRA) was formed to help cybersecurity professionals face the challenges that threaten the success and prosperity of their organizations. It provides business intelligence and information services to help our growing community build effective strategies and make smart decisions, and innovative marketing solutions to galvanize an efficient marketplace. Most of all, it works to engage the entire cyber community and lift the success of all industry professionals.
With Concentric, organizations can finally address their unmet data security needs by discovering and protecting business critical content. Concentric protects intellectual property, financial documents, PII/PCI content, customer data, business confidential data and more, across on-premises and cloud-based data stores. The Concentric Semantic Intelligence™ Data Access Governance solution uses deep learning and Risk Distance™ analysis to accurately categorize data, assess risk and remediate security issues – without relying on upfront rules or complex configuration. Concentric is venture backed by leading Silicon Valley VCs and is headquartered in San Jose, Calif. For more information, see https://www.concentric.ai.
Concentric, Semantic Intelligence™ and Risk Distance™ are or may be registered trademarks of Concentric AI, Inc. All other marks and names mentioned herein may be trademarks of their respective companies.