Securiti Announces Funding From Cisco Investments
Enterprises to benefit From Multicloud Security, SASE
Data Security and PrivacyOps
SAN JOSE, Calif. -- April 8, 2021 -- Securiti, the leader in AI-powered Data Privacy and Security, announced today funding from Cisco Investments. The company plans to work with Cisco and help their customers solve the challenge of multicloud and edge security, privacy and compliance. See Cisco blog here.
Data is growing exponentially which creates both opportunities and obligations for enterprises. Jumbled up with this exponentially growing data is ‘sensitive data’ that attackers perpetually go after, can be inadvertently misused by insiders and regulators incessantly want to govern. The rapid adoption of multicloud and edge computing is an ideal inflection point for migrating to a new architecture that would help enterprises to build a distributed security perimeter around multicloud data.
“Enterprises require a common view of sensitive data and the ability to detect, track and granularly control it - whether it’s used in multicloud deployments, passing through SASE, shared over an API or with a third-party app, being used or being moved,” says Rehan Jalil, CEO of Securiti. “Securiti will help enable a distributed perimeter of security, privacy and compliance controls around multicloud data in a unified way”
“Enterprises can benefit from applying zero-trust to data-in-flight, data-in-use and data-at-rest, across important control points for multicloud and SASE architectures,” said Morgan Mann, vice president of strategy & operations, Cisco Security Business Group. “Enabling cybersecurity, privacy and compliance for sensitive assets and sensitive data within this architecture is another core requirement, which is why we invested in Securiti.”
About Securiti
Securiti is the leader in AI-Powered data security, privacy & compliance for the multi-cloud and self-managed systems. Securiti was winner of the “Most Innovative Startup” at the 2020 RSA Conference, winner of the “IAPP Privacy Innovation Award” and named one of the “Top 25 Machine Learning Startups to Watch in 2021,” by Forbes magazine. Organizations globally rely on Securiti to secure and govern data and comply with global data and privacy regulations. To learn more, please visit Securiti.ai or follow us on LinkedIn or Twitter.
Media Contact:
Marc Gendron
Marc Gendron PR for Securiti
617.877.7480
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On January 31, 2020, the government of Saudi Arabia issued the Executive Regulations to the Saudi E-Commerce Law 2019 (“ECL”) that was in effect since October 2019. The Executive Regulations together with the ECL (“Law”) aim to protect consumers’ personal data by requiring organizations to take appropriate technical and administrative measures.
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Turkey was one of the first countries to start the trend of legislating data protection. Turkey published “Law on the Protection of Personal Data No. 6698 (LPPD) covering personal data protection on April 07, 2016.” The LPPD is based on the European Union Data Protection Directive 95/46/EC and has several similarities with the GDPR. It aims to give data subjects’ control over their personal data and outlines obligations that organizations and individuals dealing with personal data must comply with. The LPPD has also provided comprehensive guidelines for the transfer of personal data to the third parties.
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In December 2019, India, following several other countries' footsteps on the privacy laws' developments, introduced the Personal Data Protection Bill (PDPB) to regulate the processing, collection, and storage of personal data.
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On 13 October 2020, the National People's Congress of the Republic of China submitted the long awaited draft of the Personal Information Protection Law (Draft PIPL) to the Standing Committee meeting for preliminary review. This draft was officially released for the public consultation on 21 October, 2020. The consultation period will last until 19 November 2020.
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The Irish Data Protection Act, 2018 (Irish DPA) implements the General Data Protection Regulation (GDPR) and transposes the European Union Law Enforcement Directive in Ireland. Since it incorporates most of the provisions from the GDPR and the Law Enforcement Directive with limited additions and deletions as per the national law, it is considered to be the principal data protection legislation in Ireland.
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The Personal Data (Privacy) Ordinance (Cap. 486) as amended in 2012 (the “PDPO) is the primary legislation in Hong Kong which was enacted to protect the privacy of individuals’ personal data, and regulate the collection, holding, processing, disclosure, or use of personal data by the organizations.. The Data Protection Principles ( the “DPPs or DPP ''), which are contained in Schedule 1 to the PDPO, outline how entities should collect, handle, disclose, and use personal data.
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In 2012, the Philippines passed the comprehensive privacy law, Data Privacy Act 2012 Republic Act. No, 10173 (the "DPA"). The DPA recognizes the rights of individuals to have more control over their personal data while ensuring a free flow of information to promote innovation and growth.
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The United Arab Emirates (UAE) has a Federal Telecommunication Law ( Federal Law) which requires that a company must hold a license in order to provide public communications services and operate public telecommunication networks. Under this Federal Law, a Telecommunication Regulatory Authority (TRA) was established which regulates the telecommunication sector in the UAE.
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