ThetaRay, a global leader in big data anomaly detection, announced today that it has been recognized by CIOReview as one of 2016's top 20 financial services providers.
"We are happy to announce ThetaRay as one of 20 companies that are setting new trends in the Financial Services arena," said Jeevan George, Managing Editor of CIOReview. "ThetaRay helps organizations to detect and mitigate unknown risks before impact to services, operations, compliance and reputation can occur."
ThetaRay's cutting edge solution suite helps financial organizations detect operational risks like fraudulent activity, insider threats, money laundering and a broad range of abnormal business processes. The technology works rapidly and accurately to save companies money, lower risk, and prevent negative impact. Organizations whose operations rely on highly heterogeneous and complex environments leverage ThetaRay's unmatched detection and low false positive rates as a see-all power that enables them to unify detection and defeat the unknown.
"We are honored that CIOReview recognizes ThetaRay's ability to protect financial institutions from the most complex and destructive cyber crimes," said Mark Gazit, CEO of ThetaRay. "It is indicative of the growing need within financial institutions to go beyond traditional threat detection to identify and defend against the unknown unknowns."