San Francisco enterprise threat management company Preempt Security earned $17.5 million in its Series B funding round, the company announced on Wednesday. Preempt says that it uses information about identity, behavior and risk within a company to proactively catch insider threats and prevent breaches. Management of such threats is a constant struggle for enterprises, as they need to ensure that employees don’t willingly or inadvertently expose sensitive information. CEO Ajit Sancheti told CyberScoop that Preempt can anticipate and stop both malicious insiders and unwittingly compromised users by monitoring their privileges and behavior on the network. Preempt can force users to validate their identity via multi-factor authentication if it senses something is awry. “Internal threats are difficult to detect since the behavior of the malicious users or the compromised accounts are difficult to differentiate from legitimate users. Since Preempt can force the verification of identity of a user in real time […]
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