MINNEAPOLIS, July 18, 2024 (GLOBE NEWSWIRE) -- Code42 Software, Inc., the leader in data loss and insider threat protection, today unveiled its Proactive Risk Identification and Severity Model (PRISM). PRISM further enhances Incydr™ data protection capabilities to prioritize and remediate the full spectrum of data risk.
According to the 2024 Data Exposure Report, insider-driven data incidents have risen by 28% from 2021 to today, yet 79% of cybersecurity leaders feel their teams have a shortage of skilled workers to address these threats. These findings demonstrate a clear need for tools that can save analysts time through stronger detection, prioritization, and automated handling of data loss events. PRISM supports security practitioners by automatically assessing event context – a task that would otherwise require analyst involvement – and automating response based on severity through its scoring system.
“The truth about insider-driven data loss is that security analysts spend the majority of their time triaging events that could have been handled through automation,” said Rob Juncker, CTO of Code42. “It’s more important than ever to help overburdened and under-resourced teams focus their attention on truly critical events that require analyst intervention. This takes an intelligent application of the context around an event. We developed PRISM to not only accurately prioritize event severity, but to also ensure practitioners can automate response to a wider range of risks in order to address data loss more comprehensively and with less effort.”
Through its PRISM system, Code42 offers a unique approach to data protection that is unparalleled in the market. It does not rely on policies and rulesets, which cause blindspots, nor does it over-prioritize any one piece of context – such as file source – the way some modernized data protection solutions do.
PRISM provides a manageable data protection workload for security analysts. The model analyzes 250+ risk indicators about data, users, and destinations to provide weighted severity scores. The result is an accurate, prioritized look at risk events – with only a fraction of a percent of events on average flagged as “critical” and more likely to require Security team attention. This ensures that security analysts can confidently identify the most important issues, investigate fewer events, and automate response controls to the majority of activity.
Availability
PRISM is currently available to all Code42 customers.
Additional Resources
- Read Code42’s 2024 Annual Data Exposure Report
- Meet us at Black Hat 2024 at Booth 1069
- Visit our Incydr and Instructor product pages
- Join the conversation with Code42 on our blog, LinkedIn, X (Twitter), and YouTube
About Code42
Code42 is the leader in data loss and insider threat protection. Native to the cloud, Code42® Incydr™ data protection rapidly detects data exposure, loss, leak, and theft and speeds incident response – all without lengthy deployments, complex policy management, or disrupting employee productivity. The solution offers a complete range of response solutions, including automated microlearning modules for accidental non-malicious risk, case management for efficient investigation collaboration, and automated blocking for the highest-risk use cases. Code42’s IRM Program Launchpad helps organizations get up and running quickly to ensure success and return on investment.
With Code42, security professionals can protect corporate data and reduce data loss from insiders while fostering an open and collaborative culture for employees. Innovative organizations, including the fastest-growing security companies, rely on Code42 to safeguard their ideas. Code42’s data protection solution is FEDRAMP-authorized and can be configured for GDPR, HIPAA, PCI, and other compliance frameworks. Founded in 2001, the company is headquartered in Minneapolis, Minnesota, and backed by Accel Partners, JMI Equity, NewView Capital, and Split Rock Partners. Code42 has played a defining role in developing a vision and requirements for the IRM category and is a founding member of the Insider Risk Community.
The Company has several offices across the United States, and its clients include the most recognizable security, technology, manufacturing, and life sciences organizations, such as CrowdStrike, Okta, Lyft, BAYADA Home Health Care, Rakuten, Sumo Logic, MacDonald-Miller, MACOM, Ping Identity, Shape Technologies, and Snowflake.
© 2024 Code42 Software, Inc. All rights reserved. Code42 and Incydr are trademarks or registered trademarks of Code42 Software, Inc. in the United States and other countries. All other marks are properties of their respective owners.
Contact
Offleash PR for Code42
Code42@offleashpr.com
