In the NYC enterprise startup scene, security is job one

General News

Summary

When you stop to consider that the world’s biggest banks and financial services companies are located there, it would certainly make sense for security startups to concentrate on such a huge potential market — and it turns out, that’s the case.As company co-founder and CEO George Avetisov puts it, the idea is to get rid of that credentials honeypot sitting on the servers at most large organizations, and moving the identity processing to the device.If the analyst agrees or disagrees, that information gets fed back into the graph, and the system learns over time the security events that most concern a given organization.“What is exciting about [our approach] is you get a new alert and build a mini graph, then merge that into the historical data, and based on the network topology, you can start to decide if it’s malicious or not,” she said.Maida said they took their time creating all aspects of the product, making the front end attractive, the underlying graph database and machine learning algorithms as useful as possible and allowing companies to get up and running quickly.

Classifications

industries
Fintech & Banking
applications
Data Management

AskAI Classifications

Labels
Identity Security Passwordless Authentication SaaS Security Solutions

Linked Companies

HYPR Corp
$10M to $25M
SecurityScorecard
$50M to $100M