|By Business Wire||
|March 6, 2014 02:00 PM EST||
Bay Dynamics, the leading provider of information risk intelligence solutions to the world’s largest organizations, today announced that its Risk Fabric solution was selected as the Bronze winner for the Innovation in Enterprise Security category of the Info Security Global Excellence Awards. These annual awards honor security and IT vendors with advanced, ground-breaking products and solutions that set the bar higher in all areas of security technology.
Risk Fabric helps customers maximize their existing big data collecting capabilities by adding an advanced analytics to baseline employee behavior to detect anomalous activity. The solution analyzes, baselines, and rates the risks associated with each employee based on their job role and the access they possess. It relies on advanced algorithms to automatically identify and track users’ roles based on their activities and the volume, velocity and variety of sensitive data they interact with regularly. This user-centric approach allows organizations to proactively monitor, manage and mitigate the highest priority risks instead of expending resources on sifting through normal security events.
“Today’s security technologies are identifying high volumes of security incident data, but often do not help organizations’ IT teams discern the most urgent items from routine policy violations,” said Feris Rifai, CEO of Bay Dynamics. “With Risk Fabric, companies can easily sort through the mountains of data to address the threats that could cause extensive damage to the organization’s business and reputation, and immediately remediate those items. Bay Dynamics’ background in data analytics has proven critical in the security market and this recognition further demonstrates the innovative and successful approach we have taken for Risk Fabric.”
Bay Dynamics’ Risk Fabric solution has been proven in some of the world’s largest financial, communications, and manufacturing institutions, enabling users to identify risks and potential security events based on employee activities and patterns of behavior. With its recently launched Remediation Portal, Risk Fabric further streamlines the process for IT teams by accessing and interacting with large data sets to take automated actions or provide guidance for remediating threats.
About Bay Dynamics
Bay Dynamics™ helps the world’s largest organizations turn enterprise data into actionable information risk intelligence – ensuring the integrity of sensitive information assets and making certain they are being used in a way that creates business value. Proven among the Fortune 50, Bay Dynamics leverages its unique technology to detect and expose deviations from the norm and provide clear data visualization for risk prioritization, proactive management, and actionable insight into any business. For more information, visit www.baydynamics.com.
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