New York- based BigID was recently named “RSAC Most Innovative Startup 2018” by a judging panel at the global information security event, the RSA Conference. BigID was one of 10 finalists competing in the 13th RSAC Innovation Sandbox Contest, a platform for entrepreneurial cyber security companies launching their innovations and research.
With enterprises looking at new privacy regulations like GDPR, questions are arising about the various kinds of personal data being collected and processed. BigID having a focus on personal data protection and privacy uses advanced machine learning along with identity intelligence to redefine how companies answer current concerns and meet regulations that will ensure the privacy of their employee and customer data.
BigID now joins past winners of the contest and successful security veterans like UnifyID, Red Owl Analytics, Waratek, and Phantom. Runner-up Fortanix also received recognition from the judges for their Runtime Encryption technology. It provides security with runtime memory encryption to defend data--- even in untrusted environments like public and remote clouds.
“The long-standing tradition of RSAC Innovation Sandbox demonstrates a commitment to security innovation. It’s critical for our industry to keep a pulse on new technologies and ideas, but we must realize that those advancements aren’t just coming out of Silicon Valley anymore,” said RSA Conference general manager and director, Linda Gray Martin. “We’re confident in BigID’s ability to send waves through the cyber security industry for years to come.”
Dimitri Sirota, BigID’s CEO, spoke about receiving the award during a press release, saying that, “We’re honored to have been considered against this group of fantastic companies and thrilled to accept this award. We believe that privacy is a defining 21st century problem that all companies are going to have to take seriously and our hope is that we can help make it less painful for them.”