NEWS
Bitsight introduces its next evolution of AI-powered security technology
Bitsight has introduced its next evolution of AI-powered technology to provide enterprises with a continuously updated view of Internet-connected assets , third- and fourth-party relationships and overall risk posture .
The new architecture contextualizes billions of security observations and turns them into timely and actionable insights for customers .
The new Discovery and Attribution Engine creates a dynamic map of an organisation ’ s Internet-connected assets , making it faster and easier to view exposure across the extended attack surface , assess risk and prioritize remediation . to automate and scale , and Bitsight ’ s team of 100-plus security researchers verify the results and improve the models – delivering more accurate entity maps .
Derek Vadala , Chief Risk Officer , Bitsight , said : “ Our responsibility to the risk leaders we work with is that we have strict accountability and procedures for how we leverage AI and the data it produces to protect their business .
“ This vigilance carried over to these AI-powered scanning and mapping technologies .”
“ Today ’ s companies have no borders and their digital footprint is constantly evolving ,” said Alex Laats , Chief Product Officer , Bitsight .
“ The use of AI to quickly – and accurately – paint an external picture of organizational risk and share key recommendations is simply transformative . We can now help risk and security leaders truly keep pace with the change at Internet scale .”
The AI models that power Bitsight ’ s GIA are trained with humancurated data leveraging the IT infrastructure of hundreds of millions of assets and connected devices . The new offerings leverage AI
Legion secures $ 50m growth investment to accelerate market growth
Legion Technologies , an innovator in workforce management ( WFM ), has announced a $ 50 million growth round led by Riverwood Capital with strategic participation from existing investors , including Norwest , Stripes , Webb Investment Network , and XYZ .
The raise , which brings Legion ’ s total funding to $ 145 million , will boost its goto-market and research and development ( R & D ) initiatives to deliver an enhanced WFM experience to a growing global customer base .
The global workforce management market is expected to reach $ 15.7 billion by 2031 , indicating an increasing focus on workforce efficiency and engagement .
Sanish Mondkar , founder and CEO , Legion , said : “ With the addition of this funding , we can further invest in creating a better experience for hourly employees on a global scale .”
Legion will use the funds to fuel continued innovations in workforce management , including deep investments in R & D and expansion of solutions like Legion ’ s InstantPay product .
With an increased focus on the intelligent automation of WFM , Legion will augment its industry-leading product with new features and updates to optimize labor operations , generate more accurate staffing schedules , reduce time spent by managers on administration and ease compliance with labor laws around the world .
Informed by market trends and ongoing feedback , these efforts will ensure the WFM platform significantly contributes to the employee experience , enabling greater flexibility while boosting productivity .
This investment will also empower Legion to seamlessly support its growing international customer base while providing greater proliferation across the markets it already serves .
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