Code42 Wins Second Consecutive Minnesota Technology Association Tekne Award for Data Security

Recognized for innovations in managing insider risk, helping companies mitigate file exfiltration without disrupting legitimate collaboration

MINNEAPOLIS--(BUSINESS WIRE)--Code42, the leader in insider risk detection and response, announced that it won a Minnesota Technology Association 2020 Tekne Award. The Code42 Incydr^TM platform was recognized in the data security category for innovating the ways companies detect and respond to insider risk and data loss, leak and theft. For the past 23 years, the Tekne Awards have highlighted the new and exciting ways technology developed by Minnesota companies is impacting our community and the world.

“In the past year, two-thirds of all data breaches involved insiders. Code42 Incydr helps businesses identify indicators of risk, which could mean someone may be exfiltrating data. And when data is exfiltrated, Incydr shows what, when and how the insider took it. This is game-breaking technology – validated by some of the world's best security companies who are using it today in their own security programs,” said Joe Payne, Code42’s president and CEO. “It is an honor for Code42 and Incydr to be recognized with a Tekne Award this year.”

“The Tekne Awards recognize the innovators and tech leaders powering Minnesota’s growing science and technology economy,” said Jeff Tollefson, president and CEO of the Minnesota Technology Association. “This year we were especially excited to honor organizations that showed swift and innovative responses to the COVID-19 crisis.”

Incydr is a SaaS data risk detection and response platform that allows security teams to effectively mitigate file exposure and exfiltration risks without disrupting legitimate collaboration.

The foundation of Incydr’s ability to speed insider risk detection and response comes from monitoring all file activity regardless of what is considered acceptable or unacceptable by security policy. This allows Incydr to not only reduce alerts and investigation time, but also remediate risk that goes unnoticed by conventional data security technologies.

Companies competed for Tekne Awards in 16 primary award categories, ranging from Artificial Intelligence & Machine Learning to Technology for Good. Descriptions of each category are available at: https://tekneawards.org/award/2020-award-categories. For additional information, please visit TekneAwards.org.

Additional Resources

• Visit code42.com to learn more about our award-winning Incydr data risk detection and response solution.
• Take a spin through an interactive demo of Incydr in our free sandbox environment.
• Join the conversation with Code42 on our blog, LinkedIn, Twitter and YouTube.
• Read our book, Inside Jobs: Why Insider Risk is the Biggest Cyber Threat you can’t Ignore.

About Code42

Code42 is the leader in insider risk detection and response. Native to the cloud, Code42 rapidly detects data loss, leak, theft and sabotage as well as speeds incident response – all without lengthy deployments, complex policy management or blocking employee productivity. With Code42, security professionals can protect corporate data and reduce insider risk while fostering an open and collaborative culture for employees. Backed by security best practices and control requirements, Code42’s insider risk solution can be configured for GDPR, HIPAA, PCI and other regulatory frameworks.

More than 50,000 organizations worldwide, including the most recognized brands in business and education, rely on Code42 to safeguard their ideas. Founded in 2001, the company is headquartered in Minneapolis, Minnesota, and backed by Accel Partners, JMI Equity and Split Rock Partners. Code42 was recognized by Inc. magazine as one of America’s best workplaces in 2020. For more information, visit code42.com.

© 2020 Code42 Software, Inc. All rights reserved. Code42, the Code42 logo and Incydr are registered trademarks or trademarks of Code42 Software, Inc. in the United States and/or other countries. All other marks are properties of their respective owners.