Theta Lake, the Collaboration Risk & Compliance company that helps security and compliance teams scale their risk detection in modern collaboration platforms across video, voice, chat, and more, has been selected for the CyberTech100 for 2020. Theta Lake was chosen out of 1,000+ applicants due to their use of AI and ML to address cybersecurity, compliance, and supervision risks within modern communications.
The CyberTech100 identifies the 100 most innovative companies that are helping financial institutions address employee and fraud prevention, data governance, and information security needs and requirements. The standout companies were chosen by a panel of industry experts undertaken by FinTech Global, a data and research firm.
The solution providers making the final list were recognized for their innovative use of technology to solve a significant industry problem, or to generate cost savings or efficiency improvements across the security value chain.
“Cyber threats are not going away, and firms in financial services continue to be a primary target, even as they often focus on their compliance program. Theta Lake is honored to be recognized out of more than a thousand other tech companies for our innovative and effective products that enable firms to collaborate and communicate with less risk – both from a cybersecurity and compliance standpoint,” Dan Nadir, Theta Lake Chief Product Officer.
Theta Lake helps organizations improve the safety and supervision of their collaboration programs while reducing bottom line compliance costs and improving the utility of legacy compliance infrastructure. The company has also been the recipient of numerous other awards, including recognition as a RegTech 100 solution and a Gartner Cool Vendor in 2019.
About the CyberTech100
The CyberTech100 is an annual list of 100 of the world’s most innovative CyberTech companies that every financial institution needs to know about. The list recognizes the next generation of solution providers shaping the future of the information security and CyberTech industries. The list aims to help senior executives and cybersecurity professionals evaluate which technology solutions have market potential and are most likely to succeed and have a lasting impact on the industry. https://fintech.global/cybertech100/
About Theta Lake
Theta Lake, Inc., a two-time RegTech 100 company and Gartner 2019 Cool Vendor, was founded in 2017 by proven entrepreneurs and enterprise technology builders with decades of leadership recognition from Global 100 customers and top industry analysts. Theta Lake’s multi-patent pending AI helps compliance teams more effectively and quickly scale their compliance risk detection and the workflows for communication supervision of modern video, voice, and unified collaboration systems. The Theta Lake Compliance Suite is SOC2 Type 2 compliant.