During Black Hat USA 2020 Virtual Conference, Concentric Recognized for Unique Ability to Automate Unstructured Data Security Using Deep Learning
Concentric Inc., a leading vendor of intelligent AI-based solutions for protecting business-critical data, today announced that is has been named a Top 100 Cybersecurity Startup for 2020 by Cyber Defense Magazine this week during the Black Hat USA 2020 virtual conference.
“We’re pleased to name Concentric as a winner among the Top 100 Cybersecurity Startups for 2020 in our second annual Black Unicorn awards,” said judges Robert R. Ackerman Jr. of www.allegiscyber.com, David DeWalt of www.nightdragon.com and Gary Miliefsky of www.cyberdefensemediagroup.com. “This award showcases those companies like Concentric with this kind of incredible potential in the cybersecurity marketplace.”
Concentric’s Semantic Intelligence™ automates unstructured data security using deep learning to categorize data, uncover business criticality and reduce risk. The solution uses the baseline security practices observed for each data category to calculate a “risk distance” from the baseline to each individual form or file within a company. Risk distance reveals inappropriate sharing, risky storage locations and incorrect classifications – all without regex, rules or upfront policy configuration. Concentric works autonomously to reduce staff demands required to secure data, while providing continuous protection.
“We are proud to be recognized as one of this year’s top cybersecurity startups by Cyber Defense Magazine and its distinguished panel of judges,” said Karthik Krishnan, Concentric CEO. “We’re recognized across the industry for our innovative use of AI to discover and protect business-critical unstructured data without rules or complex policies. We prevent data loss by autonomously identifying and remediating oversharing and other data security risks.”
Concentric competed against many of the industry’s hot startups in cybersecurity for this prestigious award. Cyber Defense Magazine searched the globe and found more than 3,200 cybersecurity companies with nearly 30 percent in the startup range having been incorporated within the last 36 months or releasing their first round of innovative cybersecurity products and services.