Santa Barbara, CA—July 20, 2020— Theta Lake, Inc., the collaboration risk and compliance management company that helps organizations scale their risk detection in modern collaboration platforms, today announces expanded security and risk management capabilities to empower organizations to manage safe, secure employee use of collaboration platforms.
In the midst of COVID-19, companies across industries are rapidly adopting collaboration platforms to enable their remote workforce, reinforcing that collaboration is a business-critical application to support distributed, virtual face-to-face interactions, content sharing, and collaboration. Indeed, Microsoft reported a record milestone in April of 75 million daily active users of Microsoft Teams, and, in the same period, Zoom experienced a jump from 200 to 300 million daily active users.
At the same time, this strategic adoption also highlights the security risk issues that organizations face when using these powerful tools without adequate enforcement of security policy. The market has seen bad actors hijack meetings, security hacks that bombard attendees with links to porn or malware-laden sites, employees engaging in inappropriate or abusive behavior, and countless examples of confidential and data privacy issues.
“These market movements have brought to light the security value Theta Lake provides. We’re expanding on that security foundation with new capabilities that provide organizations with peace of mind that they have strong risk management for their collaboration usage and that they’re as secure as they can be,” said Dan Nadir, Chief Product Officer at Theta Lake.
With the new expansion to its platform, Theta Lake provides organizations with best-practice management of security, data privacy, misconduct, and other risks that empowers organizations across all industries to readily leverage the benefits from collaboration, including:
Validate and enforce platform security policies
Video, voice, and chat collaboration platforms provide extensive configurations for safe use. Theta Lake Safety COVER (Configuration Validation and Enforcement Reporting) provides best practice policy recommendations for the platform’s security settings, such as use of meeting passwords and waiting rooms, and then monitors to ensure that these rules are not changed or disabled.
Detect Data Privacy Risks
Powered by advanced analytics, Theta Lake has pre-built detections delivered in simple policy templates that are tuned for identifying real and relevant data loss risks, including detecting confidential data, sharing of data-rich online / browser-based apps, PII, and compliance risks in audio, document, spoken, shown, and shared content, empowering organizations to supervise communications and identify privacy and data loss risks to safeguard sensitive information.
Safeguard against misconduct
With hundreds of detections and search filters for acceptable use, privacy, and information security, Theta Lake helps organizations easily implement policies to identify conduct risks, such as abusive and controversial behavior, enabling organizations to identify and remediate these issues, as well as mitigate the potential human resource and legal liability risks. Our new Abusive Behavior classifier adds coverage to detect use of inappropriate language targeting others, including hate speech.
Eliminate web threats
Theta Lake mitigates URL risks during collaboration sessions by alerting on, and even deleting, shared URLs that pose a security or acceptable use risk.
Chat risk remediation
Generally, content that users share or post in chat is unmoderated, opening up risks for sharing inappropriate links, abusive statements, and PII content. Sensitive documents can be left exposed indefinitely, unbeknownst to security and compliance teams. Theta Lake allows an organization’s authorized security admins to delete any detected risks on the organization’s chat platform. With full logging and activity reporting, Theta Lake’s chat remediation provides safety measures to detect risks and remove them.
Unified security management across platforms
Theta Lake provides extensive integrations with collaboration platforms and eliminates the need to manage disparate tools to patch together security coverage across platforms. Theta Lake provides a single pane of glass with unified security and risk management across platforms, enabling organizations to securely enable their modern collaboration-enabled workforce.
“With organizations in virtually every industry adopting work-from-home-enabling technologies led, first and foremost, by the adoption of collaboration platforms, we are proud to empower our customers to pursue the full ROI of these strategies while remaining confident that they are doing so securely. Our latest release addresses both reducing risks to the collaboration platforms, themselves, as well as increasing safety inside of the communications between employees, partners, and customers by adding best-in-class coverage for detecting inappropriate conduct, potential data loss, and security risks in rich collaboration communications,” said Devin Redmond, CEO at Theta Lake.
The Theta Lake Risk and Compliance Suite with expanded security capabilities is currently available.
For more specific information on the new security risk management features, visit: https://thetalake.com/safe-collaboration/
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 technologists with decades of leadership experience and 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 SOC 2, Type 2 compliant. Visit us at ThetaLake.com; LinkedIn; or Twitter at @thetalake.