Data Security

With $15 Million Series A Funding, Symmetry Systems to Ramp Up Hybrid-Cloud Data Security

A well-known provider of cutting-edge Data Store and Object Security (DSOS), Symmetry Systems, has announced a $15 million Series A funding round. ForgePoint Capital and Prefix Capital lead it. They are two premier venture funds, who are investing in transformative and foundational technologies. The investment will back the rapid growth of the company in customers, revenue, and employees.

This newest funding round also highlighted participation from Symmetry Systems and Accenture Ventures is now part of their Project Spotlight, its engagement, and investment program that attaches developing technology software startups with the Global 2000 to fill planned modernization gaps. Moreover, this round comprises leading practitioners, such as Omkhar Arasarathnam, Engineering Director at Google Cloud; Sameer Sait, Chief Information Security Officer at Amazon-Whole Foods; David Tsao, VP of Security Engineering at Marqeta; Tom Gonser, Founder of DocuSign; and Bob Gleichauf, EVP at InQTel and ex-CTO at Cisco.

Today, data spans across object stores, databases, and data lakes in today's hybrid cloud environment. As a result, developers, users, contractors, and supply-chain vendors all get information via a web of applications and roles. Flagship solution, DataGuard,  of Symmetry Systems provides combined discernibility into data objects across all data stores,

About Symmetry Systems

Symmetry Systems delivers purpose-built Object Security (DSOS) and Data Store to provide complete visibility and combined access control. Born from the award-winning Spark Lab at UT Austin, Symmetry Systems DataGuard upholds power over data when all else fails, be it exploited insider identifications, malicious applications, or false positives in safety operations tools. Backed by foremost security investors Prefix Capital, DataGuard,  and ForgePoint Capital was built with and for the most challenging security teams in healthcare, finance, and the US government.

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Data Security

GuidePoint Security Announces Portfolio of Data Security Governance Services

GuidePoint Security | January 30, 2024

GuidePoint Security, a cybersecurity solutions leader enabling organizations to make smarter decisions and minimize risk, today announced the availability of its Data Security Governance services, which are designed to help customers address the challenges of unstructured data and data sprawl through a proven process and program to meet their unique needs. GuidePoint’s Data Security Governance services consist of policies, standards, and processes leveraging the newest technologies to meet organizations’ data governance goals in both on-prem and cloud environments. Once the right strategy is determined with the customer, GuidePoint Security consultants will review program requirements, assess current policies and controls, perform gap analysis, design and develop/enhance the program, recommend and implement supporting technologies, and create operational processes and metrics. “Whether an organization is just beginning to build their data security governance program or needs help assessing and improving an existing program, our team and service capabilities are built to meet them at their current maturity level,” said Scott Griswold, Practice Director - Security Governance Services, GuidePoint Security. “We work side by side with the customer to conduct the necessary data discovery in their environment and provide tailored recommendations for solutions and processes to ultimately build/improve upon the data security governance program.” GuidePoint’s Data Security Governance Services include: Sensitive Data Cataloging: For organizations just getting started in the process of protecting their sensitive data, GuidePoint offers Data Identification workshops to identify sensitive data types in the environment, including trade secrets, intellectual property, and sensitive business communications. Data Security Governance Program Assessment: For organizations with existing Data Security Governance or Data Protection programs, GuidePoint Security experts will assess the program to identify policy non-compliance, gaps in data protection requirements—whether legal, regulatory, contractual, or business—and program maturity levels. Data Security Governance Program Strategy Development: The GuidePoint team will work with an organization's key stakeholders to design a program strategy aligned with relevant requirements. The outputs of this effort include delivering ongoing sensitive data discovery, automated classification and labeling, the application of required sensitive data protections, restrictions on where sensitive data can be stored and sent, and data retention policy enforcement. Merger and Acquisition Data Identification: This offering provides the ability to identify sensitive data within an M&A target or recent acquisition (including locations, amounts, and access rights) and then perform penetration testing on the storage repositories where that sensitive data exists to determine the risk of data compromise. About GuidePoint Security GuidePoint Security provides trusted cybersecurity expertise, solutions and services that help organizations make better decisions that minimize risk. Our experts act as your trusted advisor to understand your business and challenges, helping you through an evaluation of your cybersecurity posture and ecosystem to expose risks, optimize resources and implement best-fit solutions. GuidePoint’s unmatched expertise has enabled a third of Fortune 500 companies and more than half of the U.S. government cabinet-level agencies to improve their security posture and reduce risk. Learn more at www.guidepointsecurity.com.

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