GRC Vendor News
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SaaS Compliance Company Drata Reaches Unicorn Status With $100M in Series B Funding
Drata, a security and compliance automation company, announced $100 million in Series B funding led by Iconiq Growth, with additional investments from Alkeon Capital and Salesforce Ventures. Less than 10 months out of stealth and 16 months since incorporation,...
LRN Study: Companies With Strong Culture of Ethics Outperform Others
An expansive study by LRN, the ethics, regulatory and compliance training firm, appears to confirm what advocates for a culture of ethics in business have suggested for years: Companies that work to build a strong ethical culture are more...
Oxeye Emerges From Stealth; Platform Will Target $2.4B Cloud-Native AST Market
Oxeye, a cloud-native application security testing (AST) platform, has closed a $5.3 million seed financing round led by MoreVC, a seed-stage venture capital fund in Israel, Oxeye announced. The latest round includes support from i3 Equity Partners and other...
3 in 4 Office Workers in US, UK Have Seen or Experienced Workplace Misconduct, Vault Platform Survey Finds
About three-quarters of office workers in the U.S. and U.K. have either witnessed or personally experienced some form of misconduct at some point in their careers, according to a landmark study commissioned by Vault Platform, an ethics and compliance...
Picus Security Closes $24M Series B to Accelerate North American Expansion, Worldwide Growth
Picus Complete Security Control Validation Platform simulates real-world cyber threats, including ransomware and APT groups; it covers more than 11,000 attacks and 70,000 actionable migrations IT security platform provider Picus Security has completed its $24 million Series B...
Shared Assessments Introduces 2022 Third-Party Risk Management Toolkit
Sweeping Updates Speak to Rapidly Shifting Regulatory Landscape, DOJ Guidance, State Privacy Laws, GDPR and Expanded ESG Features Included in Toolkit Shared Assessments, a consortium of corporations, IT service providers and assessment firms, has issued its 2022 Third-Party Risk...
LogicGate Introduces Risk Cloud Quantify to Put Assessments in Terms of Real Dollars
Illinois-Based Startup Launches New Function in No-Code GRC Platform After Raising $113M in Latest Funding Round Risk software startup LogicGate has announced a new feature that will allow users of its Risk Cloud GRC platform to more clearly connect...
Splunk, Telos, stackArmor Partner in Effort to Streamline ATO Compliance on AWS
Telos Corporation, Splunk Inc and stackArmor have announced a partnership under the authority to operate (ATO) on Amazon Web Services (AWS) program to reduce time and cost associated with ATO compliance through the new FASTTR initiative, which stands for Faster ATO with...
Shield Adds LeapXpert Integration for Real-Time Messaging in Regulated Industries
For Banking and Finance Firms, Communicating With Customers Via Third-Party Tools Like WhatsApp, Messenger and Telegram Often Means Risking Running Afoul of Privacy Laws Like GDPR and Regulations Requiring Monitoring of All Conversations Shield, the popular compliance platform, recently...
Mitratech Acquires Leading GRC Technology Company Alyne
Deal Marks Texas-Based Software Provider's Third of 2021 After Company Acquired ContractRoom and AdvancedLaw Texas-based Mitratech recently announced its latest acquisition, GRC platform Alyne. Terms of the deal were not announced, but the acquisition is Mitratech's third this year,...
Businesses Prepare for New Era of Public Scrutiny, According to FTI Consulting Survey
Socioeconomic fault lines exposed by COVID-19 are creating an unforgiving marketplace, with companies under scrutiny from governments and the public and little room to avoid disputes and investigations into business practices and behavior, according to a new report from...
NICE Actimize Partners With Tata Consultancy Services to Expand Market for Financial Crime Platforms
Developer of X-Sight and Xceed Platforms for AML, Fraud and Compliance Joins Forces With TCS, World's Largest IT Services Firm NICE Actimize, a fraud management software provider, recently announced a strategic partnership agreement with Tata Consulting Services (TCS), the...
