04 Apr TRINEXIA and Concentric AI data security solutions deal
Concentric AI has partnered with TRINEXIA, to provide advanced data security solutions to the rapidly growing markets of the Middle East and India.
The Data Risk Report from Concentric AI indicated that 83% of the most at-risk data is overshared, and according to IBM’s Cost of a Data Breach report, it costs USD$155 to USD$175 per record to clean up a data breach.
Therefore, it is crucial to understand data management, which involves identifying what counts as data, where it is stored within the organization, and who has access to it and why.
Karthik Krishnan, CEO at Concentric AI said: “As infrastructures become more and more complex, understanding what and where your data is and who access to it has become a major challenge for enterprises. We have built Semantic Intelligence™, powered by AI, to answer these questions.
“With our leading Data Security Posture Management (DSPM) solution, enterprises can discover, classify, monitor, and protect their on-premises and cloud data. Our partnership with TRINEXIA joins our cutting-edge technology with TRINEXIA’s trusted cybersecurity services to bring world-class data security to the Middle East & India.”
Laurence Elbana, Director – Europe, Middle East & India at TRINEXIA said: “We are thrilled to welcome Concentric AI into our cybersecurity portfolio. Their innovative solutions represent a significant step forward in enhancing data security posture for enterprises and small to medium-sized businesses (SMEs).
“We anticipate seamless integration of Concentric AI’s cutting-edge technologies into existing infrastructures, facilitating streamlined processes and optimized performance for organisations in the Middle East and India regions. Furthermore, we are confident that their offerings are well-aligned with the regulatory frameworks and compliance standards prevalent in the regions we serve. This alignment not only ensures adherence to legal obligations but also underscores our commitment to maintaining the highest standards of ethical conduct and data integrity.”