IRVINE, Calif., Feb. 27, 2018 -- Netwrix Corporation, provider of a visibility platform for user behavior analysis and risk mitigation in hybrid environments, today announced a partnership agreement with Concept Searching to bring even more visibility into IT infrastructures through data discovery and data classification capabilities.
The partners will work together to support market demand by introducing an advanced security solution that delivers more insight into sensitive data and improves risk mitigation. The solution will give security teams far greater contextual awareness into data so they can prioritize their investments in information security controls to ensure proper protection of critical data. They will also be able to address compliance requirements more efficiently through better risk management and data access governance, which is especially required by the EU's General Data Protection Regulation (GDPR), which comes into force in May.
Concept Searching, the global leader in semantic metadata generation, was shortlisted by Forrester, a leading research and advisory firm, in its Vendor Landscape: Data Classification, Q3 2017 report as a vendor in the diverse data classification market. Concept Searching's intelligent metadata enables solutions help organizations identify and manage all content types, to improve security, compliance, and governance enterprise-wide.
"With the deadline for GDPR compliance quickly approaching, organizations that process the sensitive data of EU residents are in a tough position. They have to re-assess their security strategies and implement controls to ensure that only the right people have access to sensitive data, and that those people are using it in the correct manner. Netwrix's partnership with Concept Searching has tremendous meaning for the European IT community, because we will be offering a solution that addresses critical GPDR requirements, such as having deep insight into processed data and strong data access governance," said Matt Middleton-Leal, General Manager of the EMEA region at Netwrix.
"Data discovery and data classification are an absolute necessity for cybersecurity today. As IT environments have become more complex and organizations process more information than ever, businesses need to ensure they can prioritize their security efforts to protect their most sensitive assets. Our partnership with Concept Searching empowers Netwrix's clients worldwide to understand which resources are most critical for them and establish strict control over those areas of their IT environments to strengthen the security of their business-critical data," said Michael Fimin, CEO and Co-Founder of Netwrix.
"As business risk continues to escalate, organizations need the ability to identify and protect sensitive and confidential vulnerabilities that typically remain hidden. Failure to do so exposes organizations to costs associated with remediation, resulting from security breaches, noncompliance, and failure to adhere to regulatory mandates. Our partnership with Netwrix provides an additional layer of security, with the ability to identify, manage, and protect sensitive and confidential assets. This proactive approach mitigates organizational risk and eliminates the high costs associated with security or compliance infractions," said Martin Garland, President of Concept Searching.
About Netwrix Corporation
Netwrix Corporation was the first vendor to introduce a visibility and governance platform for hybrid cloud security. More than 160,000 IT departments worldwide rely on Netwrix to detect insider threats on premises and in the cloud, pass compliance audits with less effort and expense, and increase productivity of IT security and operations teams. Founded in 2006, Netwrix has earned more than 100 industry awards and been named to both the Inc. 5000 and Deloitte Technology Fast 500 lists of the fastest growing companies in the U.S. For more information, visit www.netwrix.com
About Concept Searching
Concept Searching is the industry leader specializing in semantic metadata generation, auto-classification, and taxonomy management. Platform agnostic, Concept Searching also has a Microsoft Gold Application Development competency, and offers a complete suite of SharePoint and Office 365 solutions. The award-winning technologies encompass the entire portfolio of unstructured information assets in on-premises, cloud, or hybrid environments. Clients have deployed the intelligent metadata enabled solutions to improve search, records management, identification and protection of privacy data, migration, text analytics, eDiscovery, and enterprise social networking applications.
Concept Searching is headquartered in the US and has offices in the UK, Canada and South Africa. For more information about Concept Searching's solutions and technologies, please visit www.conceptsearching.com.
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SOURCE Netwrix Corporation