Nov
13
2018
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Cognigo raises $8.5M for its AI-driven data protection platform

Cognigo, a startup that aims to use AI and machine learning to help enterprises protect their data and stay in compliance with regulations like GDPR, today announced that it has raised an $8.5 million Series A round. The round was led by Israel-based crowdfunding platform OurCrowd, with participation from privacy company Prosegur and State of Mind Ventures.

The company promises that it can help businesses protect their critical data assets and prevent personally identifiable information from leaking outside of the company’s network. And it says it can do so without the kind of hands-on management that’s often required in setting up these kinds of systems and managing them over time. Indeed, Cognigo says that it can help businesses achieve GDPR compliance in days instead of months.

To do this, the company tells me, it’s using pre-trained language models for data classification. That model has been trained to detect common categories like payslips, patents, NDAs and contracts. Organizations can also provide their own data samples to further train the model and customize it for their own needs. “The only human intervention required is during the systems configuration process, which would take no longer than a single day’s work,” a company spokesperson told me. “Apart from that, the system is completely human-free.”

The company tells me that it plans to use the new funding to expand its R&D, marketing and sales teams, all with the goal of expanding its market presence and enhancing awareness of its product. “Our vision is to ensure our customers can use their data to make smart business decisions while making sure that the data is continuously protected and in compliance,” the company tells me.

May
05
2018
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Data Protection and GDPR

The cat picture (Bella) is just to soothe you because this isn't a thrilling post, but I feel this is important information you should be aware of.

Data Protection and Privacy has been in the news a lot in recent years, what with the Facebook/Cambridge Analytica scandal, web site breaches galore, and now the introduction of the GDPR in Europe. For those that care, that's the General Data Protection Regulation that governs the gathering, use and security of data.

Yeah, boring stuff. Stop yawning at the back! ? If you want to waste a weekend, go and Google GDPR.

Meantime, and this is where I want you to start reading ?

For most of you, the only personal information I store is your email address, but I take data privacy and security extremely seriously.

I never sell or share your email address or ANY personal information.

If you want to know more about the privacy and protection of your data, please read my privacy policy.

Mar
09
2018
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InfoSum’s first product touts decentralized big data insights

 Nick Halstead’s new startup, InfoSum, is launching its first product today — moving one step closer to his founding vision of a data platform that can help businesses and organizations unlock insights from big data silos without compromising user privacy, data security or data protection law. So a pretty high bar then. Read More

Sep
28
2017
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Three-year old startup Vera scores huge deal to protect all of GE’s IP

 When Box landed GE as a customer in 2014, it marked a turning point for the cloud content management company, giving them momentum ahead of their IPO. Three years later, Vera, a data rights management startup is getting a similar feeling, announcing GE’s 300,000 employees would be using Vera to protect the company’s intellectual property as it moved through the world. “This… Read More

Jul
18
2017
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Privitar raises $16M to help ensure privacy in big data analytics

Data flying over group of laptops to illustrate data integration/sharing. As data protection — a set of laws and practices created across different markets to ensure that our sensitive information does not get leaked or shared without our permission — continues to gain priority in our rapidly expanding digital world, a UK startup called Privitar that is building tools to help organizations keep that data private has picked up $16 million in funding… Read More

Feb
07
2017
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Druva’s latest feature helps protect data stored on its service from ransomware

Binary field with Ransomware in the middle of it. Over the years, Druva has developed services for protecting and managing data and tools for governance and compliance. Today, it took that idea one step further when it added ransomware and anomaly detection. The company decided to develop a ransomware detection tool after finding that customers were using Druva to help manage the ransomware recovery process. Restoring data has always been… Read More

Dec
15
2014
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Verizon, HP, eBay, Cisco, Salesforce File Amicus Brief To Back Microsoft In Irish Cloud Data Appeal

privacy Microsoft’s got some more support today in its ongoing appeal and wider campaign against the U.S. government over how the latter requests customer data from the cloud, and specifically when the servers where the data is stored are located outside the U.S.. Verizon, HP, eBay, Cisco, Salesforce and Infor have come together to file an amicus brief in support of Microsoft’s position… Read More

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