NATIONAL HARBOR, MD – JUNE 4, 2018 – Teramind Inc. (Booth #560), a provider of insider threat solutions, will exhibit its new industry-leading approach to data loss prevention at Gartner’s Security & Risk Management Summit. The company helps healthcare, banking, legal, energy, customer service teams and more to combat their internal cyber security and data breach vulnerabilities by offering the latest in preventional security software. Teramind’s comprehensive platform now combines technology supporting traditional data loss prevention (DLP) software capabilities with behavioral data analytics. This unique approach brings forth the next generation of forensic insight to keep companies’ data safe.
“Based on last year’s epic number of data breaches and how cyber security incidents have escalated in 2018, we’re excited to share our latest updates to join the summit’s major industry focus and discussion on data protection. With so much of today’s data left unguarded, it’s not a matter of if a data breach will happen, but when it will happen. One of the major opportunities to lose your sensitive corporate data lies with your insiders. Behind every user’s action is the potential for monetary loss and a devalued company reputation. Insider, in security jargon, refers to anyone who has privileged access to sensitive data inside your organization: employees to vendors and even business owners themselves,” said Isaac Kohen, CEO of Teramind.
Teramind provides a user-centric security approach to monitor employee behavior, with software that streamlines employee data collection in order to identify suspicious activity, detect possible threats, monitor employee efficiency, and ensure industry compliance. Teramind’s new file anti-exfiltration analysis combined with the software’s traditional DLP software capabilities and behavioral data analytics brings forth a stronger layer of protection against data breaches. File anti-exfiltration analysis targets and tags sensitive file repositories as well as sensitive content.
“Data protection is preserved throughout multiple file transformations – encryption, compression, or partial extraction – allowing the user to preserve sensitive data in all forms of data transit. Industries across verticals from business to healthcare and government now have a fighting chance to prevent insider threats as if an attempted breach occurs, the software’s full indexing and video recording allows the administrator to have concrete forensic evidence of these flagged events,” Kohen noted.
A few use cases for Teramind’s preventative approach to insider threats are below:
- As just one area of compliance, financial institutions have access to millions of customers’ personally identifiable information (PII) as well as self developed intellectual property. The first step in securing this sensitive data is understanding who has access to it, then monitoring those access points for changes in behavior. Teramind secures sensitive PII data against insider threats by permitting for risk-based rules to define and identify high risk behavior by users within a financial organization. Through user analytics, managers identify the data that’s most important and understand its risk. From a dashboard, one can see all their data and receive ‘alerts’ in real-time when a profiled behavior triggers it. Teramind’s full video playback and customized alerts meet PCI DSS compliance requirements.
- Customer service departments and contact centers deal with vast amounts of information on a daily basis. As one example scenario, a malicious criminal gains access to an upper manager’s personal Google email account. An email is sent to an employee down the ranks, and the email asks for information on a high-profile client to be downloaded from the company server and sent to the gmail account. Luckily, the file anti-exfiltration analysis functionality allowed administrators to tag this sensitive high-profile client’s data. Once the system caught that the tagged information was in movement, measures could be taken quickly to intercept.
Visit the home page of https://www.teramind.co to view a live dashboard or sign up for a free cloud trial version. Teramind also offers a partner program, which offers best-in-class user activity monitoring. Teramind is focused on helping VARs, resellers and MSPs to grow their bottom line and expand their reach by adding Teramind cloud or on-premises endpoint monitoring and security platform to their portfolios. The company provides hands-on training for staff and provides customers with first-level support. Teramind also offers recurring revenue opportunities for referrals as well as white-labeled solutions.
Teramind’s blog, IT Security Central, offers an industry insights and analysis for busy IT and security professionals, and recently published the infographic “Steps to Beat the Insider Threat in 2018”, which is available to be downloaded by clicking here.
About the Security & Risk Management Summit
The Gartner Security & Risk Management Summit offers the latest research and recommendations to help organizations transform their security strategy and build resilience across the enterprise. This year’s event delivers leading-edge thinking on key topics such as agile architectures, business continuity management (BCM), cloud security, privacy and securing IoT.
Since 2014 over 4,000 organizations across all major industries have trusted Teramind to provide insider threat detection, data loss prevention and business process engineering through employee monitoring. By harnessing behavior analytics, the award-winning and top-rated platform has helped enterprises and organizations in finance, retail, manufacturing, energy, technology, healthcare, and government verticals detect, record, and prevent malicious user behavior while driving productivity and improving workflow efficiency. Available as a cloud-based, on-premise, or private cloud solution, Teramind’s data loss prevention and employee monitoring agent brings businesses peace of mind by providing data-backed workforce insights. Teramind is headquartered in Miami, Florida. Learn more about Teramind by visiting teramind.co or follow us on LinkedIn, Twitter and YouTube. Visit IT Security Central for the latest in security news and trends.