VentureBeat presents: AI Unleashed - An exclusive executive event for enterprise data leaders. Network and learn with industry peers. Learn More. The last time we wrote about Anonybit in 2022, the New York and Tel Aviv-based biometric security startup had just emerged from stealth with a with $3.5 million round, promising to offer enhanced security to enterprises’ employee biometric data by slicing it up into anonymized bits and distributing them through a peer-to-peer network. The method is designed to prevent hackers from grabbing employee credentials and biometrics from single repositories known as “honeypots”, and using them to impersonate a legitimate employee, gaining illicit access to the company’s systems and data.Today, Anonybit is announcing another $3 million extension round to its seed, bringing its total raised so far to $8 million. The latest round was led by JAM FINTOP with participation from Connecticut Innovations, and Anonybit says it will use the cash to continue building out this flagship system for securing and anonymizing identity information, now called Anonybit Genie

Risk Management of Third Parties' Financial Controls and IT Security is Critical in Outsourced Service EraSAN FRANCISCO, Oct. 13, 2023 /PRNewswire-PRWeb/ -- Secureframe, the leading provider of security and compliance automation software, today announced it has licensed content from the American Institute of CPAs (AICPA) related to System and Organizational Controls (SOC) services, widely recognized engagements for examining and reporting on organizations' system processes and controls. Organizations using outsourced solutions have become increasingly aware of risk management and the importance of IT security at such organizations.Secureframe empowers businesses to build trust by helping them achieve and maintain compliance with global information security standards. Secureframe leverages automation and AI to simplify the manual processes that companies endure through compliance certification, allowing them to focus on growing their business. By integrating with customers' technology infrastructure, Secureframe automatically collects audit evidence, continuously monitors security hygiene, trains their employees on security awareness, and streamlines the experience with their auditor. As a result of these offerings, Secureframe customers are able to accelerate time-to-compliance by 5x, reduce their operational costs of maintaining compliance, while improving their overall security and compliance posture.SOC services, which were created by the AICPA, come in three categories, SOC 1®, SOC 2®, and SOC 3®

In fact, by partnering with Secureframe, Reviewable can confidently say Reviewable go above and beyond the minimum requirements for SOC 2 by integrating its critical infrastructure to monitor compliance to the SOC 2 framework 24/7/365, not just during the audit window.