Code42 Earns Two Industry Accolades for Insider Risk Management Solution
Code42, the Insider Risk Management leader, announced that it has won two security industry awards. Both of the awards recognize the company for leading the Insider Risk Management market with the launch of its innovative Code42 Incydr data risk detection and response product. The solution surfaces the top indicators of Insider Risk and accelerates an organization’s ability to detect and respond to data exposure and exfiltration events.
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The Code42 Incydr product received the following recognitions:
- Insider Threat Detection Market Leader from Cyber Defense Magazine’s Global InfoSec Awards 2021. Code42 was recognized for its understanding of tomorrow’s threats, today, providing a cost-effective solution and innovating in unexpected ways that can help stop the next breach.
- Silver Winner for Insider Threat Solution by the Cybersecurity Excellence Awards. The 2021 Cybersecurity Excellence Awards honor individuals, products and companies that demonstrate excellence, innovation and leadership in information security.
The Code42 Incydr product helps companies manage growing Insider Risk issues. A SaaS solution purpose-built for Insider Risk Management, it allows security teams to effectively mitigate data exposure and exfiltration risks of intellectual property, source code and trade secrets without disrupting legitimate collaboration. Organizations looking for detailed security intelligence about on- and off-network file movements can use Incydr data risk detection and response to help identify and act on the greatest indicators of risk to their data.
“Employees email, message and use the cloud to share files as a normal course of business everyday and those simple acts leave data at a heightened risk of being leaked. In fact, employees are 85% more likely today to leak files than they were pre-COVID,” said Joe Payne, Code42 president and CEO. “As business leaders, we need to make sure employees have the freedom to move files, collaborate with each other and stay productive, while protecting our most valuable corporate data – our IP, source code, customer lists and personnel info. Code42 Incydr data risk detection and response gives CISOs a path for securing company data, a longtime challenge, in today’s new work environment and we are honored to be recognized for that with these awards.”