Skip to main content

Proofpoint Introduces NexusAI for Compliance

Written by Customer Service on . Posted in Public Companies.

Newest solution leverages machine learning to cut false positives by 65 percent while significantly reducing reviewer fatigue and deployment time

SUNNYVALE, Calif., May 18, 2021 (GLOBE NEWSWIRE) — Proofpoint, Inc., (NASDAQ: PFPT), a leading cybersecurity and compliance company, today announced the launch of NexusAI for Compliance, a new machine learning module for Proofpoint Enterprise Archive customers seeking to enhance supervisory review for regulatory compliance. This scalable artificial intelligence (AI) platform significantly reduces the cost and time spent by organizations on manually reviewing electronic communications to comply with government and industry regulations. With a projected 125 percent annual return on investment, NexusAI for Compliance helps these regulated organizations eliminate low-value supervised content, decrease human error, and reduce false positives by up to 65 percent when compared with legacy solutions.

“Recent insights uncovered show compliance as one of the leading use cases for machine learning in terms of expected net growth,” said Nick Patience, founder and research vice president for 451 Research. “The ability for solutions to uncover patterns in large sets of unstructured data – false positives in this case – is key to helping highly regulated firms like financial services streamline their supervision workflows and reduce related costs.”

To ease compliance and reduce risk, Proofpoint NexusAI for Compliance is available today to complement Proofpoint Enterprise Archive, and Proofpoint Intelligent Supervision, which helps organizations build, maintain, refine, and execute an audit-ready supervision plan. Recognized by Gartner as a Leader in the October 2020 Gartner Magic Quadrant for Enterprise Information Archiving for nine consecutive years*, Proofpoint provides formal retention and supervisory review programs for all communications to address rigorous compliance measures including FINRA, SEC, and IIROC.

“NexusAI for Compliance redefines digital communication monitoring with AI-powered automation that is unmatched in the market,” said Darren Lee, executive vice president and general manager of Compliance and Digital Risk for Proofpoint. “Regulated organizations trust us to solve the toughest compliance and digital supervision challenges. Today’s innovation announcement builds on Proofpoint’s people-centric compliance vision and commitment to help customers unify, manage, store, investigate, and supervise digital communications to mitigate corporate and regulatory risks.”

NexusAI for Compliance users can focus on meaningful content with out-of-box machine learning models, deploy in-house developed models, or enlist Proofpoint Professional services to build, train, vet, and activate custom models. Proofpoint is making a significant investment in leveraging AI/ML to improve its product capabilities and user experience. Several examples can be found in Nexus Risk Explorer, the Nexus Threat Graph, and now in NexusAI for Compliance.

For more information on NexusAI for Compliance as well as Proofpoint’s Archiving and Compliance portfolio, please visit: www.proofpoint.com/us/nofalsepositives.

*Gartner, Magic Quadrant for Enterprise Information Archiving, Michael Hoeck and Jeff Vogel, 27 October 2020

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Proofpoint, Inc.
Proofpoint, Inc. (NASDAQ: PFPT) is a leading cybersecurity and compliance company that protects organizations’ greatest assets and biggest risks: their people. With an integrated suite of cloud-based solutions, Proofpoint helps companies around the world stop targeted threats, safeguard their data, and make their users more resilient against cyber attacks. Leading organizations of all sizes, including more than half of the Fortune 1000, rely on Proofpoint for people-centric security and compliance solutions that mitigate their most critical risks across email, the cloud, social media, and the web. More information is available at www.proofpoint.com.

Connect with Proofpoint: Twitter | LinkedIn | Facebook | YouTube

Proofpoint is a registered trademark or tradename of Proofpoint, Inc. in the U.S. and/or other countries. All other trademarks contained herein are the property of their respective owners.

PROOFPOINT MEDIA CONTACT:
Kristy Campbell
Proofpoint, Inc.
(408) 850-4142
kcampbell@proofpoint.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.