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.
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Concentric named SC Media 2021 Excellence Award finalist for Rookie Security Company of the Year for innovative use of AI and deep learning to autonomously discover and protect business-critical data
“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.
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“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.
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