As cyber attacks continue to grow and involve a human element from inside a company, StatusToday is helping businesses track employee productivity with the use of artificial intelligence to mitigate attacks as well as deflect external threats.
The London-based information technology and services start-up uses its platform to monitor appropriate business conduct. And the metadata generated not only protects the company’s sensitive and private information, it also monitors human behavior to raise red flags when something falls out of line.
Ankur Modi, chief executive officer of StatusToday, said the company “is on a mission to create a transparent workplace. By using AI, we can create a two-way visible system where both employees and employers have access to data that can help them improve.”
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StatusToday maintains employees’ personal information in a secure base. The extraction of personal information from one’s e-mail is considered off limits, but Modi sees that “work [being] done using company resources that expose an organization to security, regulatory and compliance risks need to be protected.”
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“We have already detected cases of ex-employees forgetting to delete company information, sensitive files being accidentally copied to non-EU jurisdictions, machines being compromised due to external hacks, amongst others,” Modi said.
Cyber insurance company Hiscox recently signed up for the new AI software to better protect its systems and saw results almost immediately after the initial on-boarding was complete. The activity was said to have been from a former employee who had left the company months prior to Hiscox starting its journey with the start-up.
While StatusToday may still be in the early stages of building its portfolio of business, the company continues validating the new-wave technology with in-depth case studies to help better serve those looking to climb on board. While the company doesn’t discriminate against what industry a new client may come from, those in the legal, asset management and regulated sectors industries currently claim a hefty portion of the business’s users.
As the company sees themselves unlike traditional big brother systems, the nuance AI approach “allows for protection and empowerment by now making information accessible to both parties,” Modi said. “This allows us to detect unusual human behavior in the workplace that signals compromise, threats or failures in communications.” By predicting behavior, potential threats are diffused before they come to fruition.