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Home » Veriato Leverages GenAI for Advanced Insider Risk Management, User Activity Monitoring
AI and Copilots

Veriato Leverages GenAI for Advanced Insider Risk Management, User Activity Monitoring

Chris HughesBy Chris HughesAugust 5, 2024Updated:August 5, 20243 Mins Read
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In this AI Ecosystem Report, CISO Chris Hughes, an Acceleration Economy practitioner analyst, sits down with Elizabeth Harz, CEO, Veriato, and discusses how her company uses GenAI to advance insider risk management and enhance cybersecurity strategies.

The AI Ecosystem Q2 2024 Report compiles the innovations, funding, and products highlighted in AI Ecosystem Reports from the second quarter of 2024. Download now for perspectives on the companies, innovations, and solutions shaping the future of AI.

Highlights

Predictive Security Tools (00:26)

Veriato is on a mission to help companies be both productive and safe. It does that by helping businesses understand human behavior and get ahead of insider threats. Insider risk has been around for a while. According to Gartner, about 82% of breaches last year were caused by insiders.

Veriato recently acquired a user activity monitoring (UAM) and productivity offering. The combination of that offering with Veriato’s 25 years of history in the Insider Risk Management (IRM) sector is helping its customers get predictive and preventative, instead of reactive.

Veriato’s Key Use Cases (03:06)

Veriato sees many different applications of its technology, but a few core ones. Certainly, insider threat detection is one. Productivity monitoring is another big bucket. Many of its customers also use it for compliance. Lastly, customers use it for remote workforce monitoring, in particular understanding productivity and their organizations’ dynamics.

Ask Cloud Wars AI Agent about this analysis

Differentiating with GenAI and Predictability (05:26)

In general, the tone in the insider risk management space is shifting more toward predictability. However, when you evaluate these platforms, there aren’t features in the market providing that. Because Veriato acquired this UAM offering recently, it was able to incorporate GenAI capabilities in its next release of the combination of IRM and UAM.

Generally, risk scoring is more simplistic. Using GenAI allows the offering to digest vast amounts of data and dynamically update individual risk behavior profiles. Instead of static risk scores, Veriato now has sophisticated anomaly detection and can flag issues much faster. It also uses GenAI for protected health information (PHI) and Personally Identifiable Information (PII) redaction.

Dynamic Risk Profiles and Employee Education (07:49)

Veriato goes about understanding human behavior specific to an organization by looking at a long list of variables, such as the websites people use, the hours and time of day they log in, the applications they use, and sentiment analysis of their language. All these factors are fed in real-time, and it dynamically updates risk profiles. This allows it to flag important issues instead of relying on static scores.

The emphasis on predicting and monitoring for malicious behavior while also safeguarding against non-nefarious actions by employees is important because employees might not realize their actions are risky, so it’s essential to serve as a guardrail and educate them about behaviors that could put the organization at risk.


For more insights, visit the ai ecosystem channel

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Analystuser

Chris Hughes

CEO and Co-Founder
Aquia

Areas of Expertise
  • Cloud
  • Cybersecurity
  • LinkedIn

Chris Hughes is a Cloud Wars Analyst focusing on the critical intersection of cloud technology and cybersecurity. As co-founder and CEO of Aquia, Chris draws on nearly 20 years of IT and cybersecurity experience across both public and private sectors, including service with the U.S. Air Force and leadership roles within FedRAMP. In addition to his work in the field, Chris is an adjunct professor in cybersecurity and actively contributes to industry groups like the Cloud Security Alliance. His expertise and certifications in cloud security for AWS and Azure help organizations navigate secure cloud migrations and transformations.

  Contact Chris Hughes ...

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