Why we decided to join the program
Currently, in cybersecurity, the topic of insider leaks is quite critical. Over the past two years, the number of incidents has increased
by 47%. The average damage to one company has risen by a third, costing $11.45 million. In almost half of the cases, cybercriminals use photographs of documents or their printed copies. Generally, such threats are not covered by traditional security systems such as DLP (Data Loss Prevention) and VDR (Virtual Data Room).
Fortunately, our LeaksID solution successfully solves this problem. It automatically marks any file with unique tags that are invisible to the human eye. Each time the file is accessed, a new copy of the document with different tags is created. Using these marks, LeaksID can accurately determine who worked on a particular copy and when, and in case of a data leak, it can identify its source. Each part of the document is marked, so even if a violator gets a small fragment of the document, our system will accurately determine the copy's owner. Presently, LeaksID is the only technology that can effectively resist a new generation of insiders who use screenshots and take pictures of computer screens or printouts with a smartphone.
Our corporate customers have confirmed the efficiency of the LeaksID system. Most companies have completely stopped data leaks, while others have minimized them.
We entered the acceleration program to expand our presence in the US market. Besides, Alchemist top managers and experienced mentors inspired us to add new useful features to our product functionality. In general, the accelerator program has become an excellent opportunity for us to extend communication, strengthen ties with partners and potential investors, and make new useful contacts.
After six months of hard work, we have made significant progress, and we plan to present our achievements on Demo Day. We invite everyone to join the Demo Day online broadcast on January 21.