Founded in 2012, the New York-based company offers Data Embassy, a software platform that aims to protect data in use by applying pseudonymization and other techniques to transform the data into ‘Variant Twins’, representing non-identifiable but fully accurate assets. Courtesy of multi-level data privacy and security controls, the company says, Variant Twins can be used…

The new investment round was led by Third Point Ventures, with participation from Cloud Apps Capital, Felicis Ventures, Next47, Operator Collective, Sixty Degree Capital, and Thomson Reuters Ventures. Founded in 2018, the San Francisco-based firm provides a data privacy solution that creates an automated map of all business systems within an organization, to provide visibility…

ClosingLock acquires SafeWire ClosingLock announced the acquisition of SafeWire. Both companies are based in the United States and they offer wire fraud prevention solutions for the real estate industry. DFIN acquires Guardum Risk and compliance solutions company Donnelley Financial Solutions (DFIN) has acquired Guardum, a data security and privacy firm that can help companies locate,…

Effective Data Security Begins With a Strong Tech Foundation

Data is the engine of the modern economy. Whether it consists of customer data, intellectual property, market insights or financial information, these types of sensitive data enable the most successful businesses to thrive. It’s no surprise, then, that securing that critical data is increasingly a strategic priority for organizations around the globe. Not all organizations,…

Americans Fed Up With Lack of Data Privacy

The majority of American citizens believe that they are pervasively monitored and that their data is regularly collected and used in concerning ways that they cannot control and don’t fully understand, according to a new Pew Research Center study. The report, based on a nationally representative panel of randomly selected US adults, shows that 62%…

Like rust, risk never sleeps. As mobile devices flood the enterprise (especially for a younger generation of workers), the internet of things (IoT) expands, and cybercriminals grow in both numbers and sophistication, many security professionals think zero trust is the safest approach to defending against constantly evolving network and data security threats. Network vulnerabilities can…