“EchoMark Launches AI-powered Solution to Safeguard Private Communications in the Digital Age
27 Sep, 2023, 08:00 ET
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First-of-its-kind forensic watermarking technology sets new data privacy standards; fosters stewardship and trust from within while enabling near-instant identification of insider threats
KIRKLAND, Wash., Sept. 27, 2023 /PRNewswire/ — EchoMark, the company pioneering an unprecedented approach to information protection, announced today the public launch of its AI-driven solution to keep private information private. EchoMark automatically embeds invisible forensic watermarks in emails and documents, enabling source identification within minutes. As the first enterprise-grade software of its kind, EchoMark’s invisible watermarking is a proactive deterrent against leaks.
EchoMark also announced a $10 million seed investment led by Craft Ventures, accelerating the company’s mission to expand its forensic watermarking technologies across formats and workloads.
The frequency and severity of data breaches and leaks have undermined the bedrock of online communication, even within the world’s most sophisticated organizations. Insider threat incidents surged 44% in the past two years with a single data breach now costing $4.45 million on average. According to Gartner®, by “2025, insider risk will cause 50% of organizations to adopt formal programs to manage it, up from 10% today”
“EchoMark is not just filling a critical and urgent market gap; we’re creating a solution that never existed before,” said Troy Batterberry, founder and CEO of EchoMark. “Communication is the foundation of any organization, and when people can’t trust it, the entire structure crumbles and the external ramifications can be pervasive. Consider the Dobbs leak—a year, 126 formal interviews, and a 23-page investigative report later, the Supreme Court still can’t locate the internal source, eroding trust from within and among citizens. EchoMark could have confidently identified the source in under five minutes. We’re thrilled to officially bring these capabilities to organizations around the world.”
