NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--BigID Inc., a leader in enterprise privacy protection, today announced it has been named one of 10 finalists for RSA® Conference Innovation Sandbox Contest 2018. On Monday, April 16, 2018, BigID will showcase its data protection and privacy platform to a panel of industry veteran judges and a live audience in a three-minute quick-pitch, competing for the coveted title of “Most Innovative Start Up” at RSA Conference 2018 in San Francisco.
The BigID software platform transforms how enterprises protect and manage the privacy of customer and employee data. As businesses accelerate their shift online, the protection of personal data has grown more essential for enterprises. Companies are now challenged to account for and safeguard vast amounts of identity data spread across data centers and clouds. This need has only grown more urgent with the introduction of global privacy regulations like the European Union’s Global Data Privacy Regulation (GDPR) that can impose fines on corporations that reach four percent of annual revenue.
“Breaches and transformational privacy regulations like the EU GDPR are forcing companies to rethink how they manage their personal data,” said Dimitri Sirota, CEO, BigID. “BigID has introduced a first-of-its-kind technology to help companies find and secure distributed personal data, while ensuring corporate compliance with new personal data rights and obligations enshrined by regulations like GDPR.”
Using BigID, organizations can effectively respond to GDPR requirements centered on individuals’ data privacy rights, including the right to be forgotten; expedite breach response notification; ensure conformance with consent agreements and limit data collection to the defined purpose of use.
RSAC Innovation Sandbox Contest is the leading platform for entrepreneurial cyber security companies to launch their ground-breaking research and innovation in front of venture capitalists, industry experts, senior level business practitioners and thought leaders. The event gives startups the kind of visibility and validation that turn into rapid growth and increased funding.
“If you look at RSAC Innovation Sandbox contestants from the last five years alone, you’ll see more than $1.38 billion in combined investments and 12 acquisitions, proving the businesses that take this stage gain exposure to the right people at the right time to launch them to success,” said Sandra Toms, vice president and curator for RSA Conferences. “The submissions this year were noticeably competitive as we received exceptional entries from across the globe. I have no doubt this year’s presentations will be a must-see at RSA Conference.”
The RSAC Innovation Sandbox Contest will begin at 1:30 p.m. PT on April 16 at the Marriott Marquis in the Yerba Buena Ballroom. Dr. Herbert (Hugh) Thompson returns to emcee the contest, and the panel of five judges includes Asheem Chandna, partner at Greylock Partners; Gerhard Eschelbeck, vice president of security and privacy engineering at Google; Niloofar Razi Howe, tech investor and entrepreneur; Patrick Heim, operating partner and chief information security officer at ClearSky; and Paul Kocher, entrepreneur, researcher and IT security expert. The winner will be announced in front of a live audience later that day at 4:30 p.m. PT.
Additional information about “RSAC Most Innovative Startup 2018” and Innovation Sandbox Contest can be found at: https://www.rsaconference.com/events/us18/agenda/innovation-sandbox-contest.
To schedule a personal demo at RSA, please contact BigID at email@example.com.
Based in New York and Tel Aviv, BigID uses advanced machine learning and identity intelligence to help enterprises better protect their customer and employee data at petabyte scale. Using BigID, enterprises can better safeguard and assure the privacy of their most sensitive data, reducing breach risk and enabling compliance with emerging data protection regulations like the EU General Data Protection Regulation. Learn more at http://bigid.com or visit http://bigid.com/demo to schedule a demo.
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