Latest news with #BigID
Yahoo
12 hours ago
- Business
- Yahoo
BigID Introduces First Data-Driven Assessment for AI Governance and Third-Party AI Use
New capability gives organizations visibility into third-party AI use, data exposure, and governance gaps across their vendor ecosystem. NEW YORK, June 16, 2025 /PRNewswire/ -- BigID, the leader in data security, privacy, compliance, and AI data management, today announced the launch of Vendor AI Assessment, the first solution of its kind designed to help organizations identify, evaluate, and manage the risks introduced by third-party AI usage. As vendors race to embed GenAI, large language models (LLMs), and autonomous agents into their products, organizations are left in the dark about how AI is being used - and what risks it introduces to their data, privacy, and compliance. Today, BigID becomes the first company in security or privacy to launch a dedicated, data-driven assessment solution focused specifically on vendor AI use. Expanding on its leading capabilities in vendor management and third-party risk, BigID now enables organizations to assess not just who they do business with, but how those vendors are using AI and what impact that AI has on sensitive data. Unlike traditional governance tools that rely on static surveys, BigID discovers deployed models, maps them to the data they access, and provides actionable risk intelligence across AI usage, exposure, explainability, and regulatory readiness. For the first time, security, privacy, and legal teams can hold vendors accountable for AI transparency, ensuring they understand whether vendor AI is trained on customer data, whether results can be trusted, and whether the risks are worth the rewards. According to BigID's 2025 AI Risk & Readiness Report, 64% of organizations lack visibility into AI risk exposure, and nearly half have no AI-specific security controls in place. These findings reveal a growing blind spot in enterprise governance: third-party AI use. While many organizations are still building internal AI oversight, BigID helps extend that visibility to a critical but often overlooked threat vector - vendor AI. Key Takeaways: Identify and reduce third-party AI risk before it impacts your business with the industry's first solution to assess vendor AI use. Uncover vendor AI usage, data access, and training practices to mitigate unwanted data exposure and improve governance. Operationalize AI oversight with built-in workflows for risk scoring, documentation, and remediation. Equip privacy, legal, security, and compliance teams to respond to AI-related regulatory demands, especially as 55% of organizations report being unprepared for emerging AI regulations. Stay ahead of AI-driven third-party threats with continuous visibility, faster risk-based decisions, and defensible governance across your ecosystem. "AI adoption is accelerating, but most organizations remain blind to how their vendors use AI on their data," said Dimitri Sirota, CEO of BigID. "We built Vendor AI Assessment to help security, privacy, and legal teams uncover these blind spots, reduce exposure, and ensure responsible use of AI across their third-party ecosystem." "BigID continues to innovate with Vendor AI Assessment. Given the rapid integration of AI in vendor offerings, businesses must demand transparency and accountability," said Dr. Edward Amoroso, CEO of TAG & Research Professor at NYU. "BigID's Vendor AI Assessment provides a crucial tool for organizations to understand and mitigate the unique risks posed by third-party AI use." Learn More: Book a demo Read more at About BigID BigID empowers organizations to know their enterprise data and take action for data-centric security, privacy, compliance, AI innovation, and governance. Customers deploy BigID to proactively discover, manage, protect, and get more value from their regulated, sensitive, and personal data across their data landscape. BigID has earned numerous accolades, including being highlighted as CRN's top 100 security companies two years in a row in 2024 and 2023, a finalist in CRN's 2024 Tech Innovator Awards, recognized as the most innovative security company of the year for its AI data security in the 2024 Globee Awards, and named as a "Market Leader Data Security Posture Management (DSPM)" in the 2023 Global InfoSec Awards. Additionally, BigID's impressive growth earned it a spot on the 2024 Deloitte 500 for the fourth consecutive year, one of CNBC's Top 25 Startups for the Enterprise, named to the Forbes Cloud 100, and recognized on the 2024 Inc. 5000 for the fourth consecutive year. View original content to download multimedia: SOURCE BigID
Associated Press
20-05-2025
- Business
- Associated Press
FTI Consulting Announces Technology Alliance with BigID
WASHINGTON, May 20, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that the firm's Technology segment has entered into a teaming agreement with BigID, a leader in data security, compliance, privacy and artificial intelligence-driven data management. The Information Governance, Privacy & Security practice within FTI Consulting's Technology segment will collaborate with BigID to help clients enhance data management and improve compliance, data protection and risk management processes. 'High-integrity, compliant data is foundational to successful modern enterprise projects and products,' said Scott Margolis, a Managing Director within FTI Technology. 'Yet, many organizations struggle with locating, inventorying and governing that data, extracting value from it, and mitigating the surrounding risks. With the support of BigID solutions, FTI Technology's experts empower clients to effectively manage, protect and optimize their vast data estates. This alliance delivers tangible results in tackling critical challenges across information security, data privacy, compliance, AI initiatives and more.' BigID enables organizations in a range of industries to proactively discover, manage, protect and extract more value from their data and AI, and manage risk, in a single platform for visibility and control. This alliance combines the capabilities of BigID's platform with the strength of FTI Technology's expertise in digital insights and risk management, providing clients with streamlined technology implementation and improved results across the spectrum of their challenges and data objectives. 'In this collaboration, we look forward to our ongoing work with a consulting firm that has the expertise in solving the evolving needs our customers seek and that complements our technology across data and AI,' said Ian Williamson, Senior Vice President of Global Channel & Alliances at BigID. 'FTI Technology's experts are experienced in developing effective programs, leveraging the BigID Next platform, to drive outcomes through business transformation and risk mitigation.' More information about FTI Technology's Information Governance, Privacy & Security practice is available here. About FTI Consulting FTI Consulting, Inc. is a leading global expert firm for organizations facing crisis and transformation, with more than 8,100 employees located in 33 countries and territories as of March 31, 2025. In certain jurisdictions, FTI Consulting's services are provided through distinct legal entities that are separately capitalized and independently managed. The Company generated $3.70 billion in revenues during fiscal year 2024. More information can be found at FTI Consulting, Inc. 555 12th Street NW Washington, DC 20004 +1.202.312.9100 Investor Contact: Mollie Hawkes +1.617.747.1791 [email protected] Media Contact: Ashley Allman +1.206.369.5209 [email protected]
