Latest news with #SOC2
Int'l Business Times
16 hours ago
- Business
- Int'l Business Times
Building Trust Before Code: Rethinking Cyber Risk for Growing Businesses
More and more small to mid-sized enterprises are discovering a hard truth about cybersecurity: it's not just about preventing breaches, it's about winning business. "If you are a new company trying to close deals, especially with mid-market or enterprise buyers, not having a security program is often the reason those deals don't happen," says Dave Anderson, founder of TSC Security. Anderson knows this problem intimately because he has lived it. Before founding TSC Security, he built and ran security programs inside fast-growing startups. In both roles, he helped shape the security posture not just for protection's sake, but as a vital sales tool. "I worked with sales teams closely to put our security front and center. It gave buyers confidence in what we were doing, and that's what kept the momentum going," he says. That insight became the foundation of TSC. His consultancy exists because too many startups either underestimate the importance of security or get overwhelmed by it. "Most small businesses are not avoiding security because they don't care. It's usually a lack of knowledge. They don't realize what's involved or what's actually needed at their stage," says Anderson. That gap between what's necessary and what's excessive can be costly. Many companies delay putting even basic controls in place, assuming they will cross that bridge later. But in Anderson's world, later often means lost revenue. "Statistically, small businesses are more vulnerable to ransomware and breaches. And while we don't hear about those incidents as much, the damage is often irreversible," he explains. "They are the low-hanging fruit, easy targets for attackers because they have not invested in basic protections." But perception is another side to the equation. Even before a breach ever happens, a lack of security protocols can stall a company's growth. "You may never get the chance to prove yourself if a buyer sees you don't have SOC 2 (Systems and Organizational Controls) or similar audit reports," says Anderson. "They don't want their name in the headlines because a vendor got hacked and leaked sensitive data." TSC Security steps into that gap with a hands-on, realistic approach. Instead of selling sweeping, one-size-fits-all security packages, they start with what Anderson calls "cyber hygiene", foundational practices that make a real difference without overwhelming founders or draining their budgets. "We focus on the basics first. Things like governance, access controls, and change management. These are the pieces that move the needle when it comes to sales blockers," he says. The goal is not perfection; it's progress. TSC helps its clients become defensible, both from a technical and a reputational standpoint. That might mean guiding a team through SOC 2 audits or preparing them to answer detailed security questionnaires from prospects. "We help them get what they need to win deals now, and then we grow with them. As their clients get bigger and start demanding more, we evolve their security program to meet those expectations," Anderson says. This long-term mindset is paying off. In just three years, TSC has built a loyal client base, some of whom have been with the firm since its earliest days. "I have got clients that have been with me for two, two and a half years," says Anderson. "They stick around because we're not trying to throw everything at them at once. We adapt to where they are and what their customers are asking for." That adaptability is especially crucial for SaaS startups, which make up the majority of TSC's clients. "There is no sense in applying a security framework designed for a financial services firm to a two-year-old product company," Anderson says. "We help our clients avoid wasting money on things they don't need yet, and avoid skipping the essentials they can't afford to miss." The market is catching on. Anderson notes that even smaller buyers are starting to demand proof of security controls. "I have got a client that builds AI meeting bots. They used to get scrutiny only from big enterprises. Now, even 10-person companies are asking about how their meeting data is protected," he says. "The sensitivity around data is rising across the board." That's why Anderson believes small businesses can't afford to treat cybersecurity as an afterthought or a someday priority. "It's not just about protecting yourself once you have made it. It's about being able to grow in the first place," he says. "Without basic security in place, you are limiting your own opportunity. Partners, investors, even early customers, they are not going to engage if they can't trust you." TSC was built on that insight. And its approach is tailored, practical, and growth-oriented, reflecting Anderson's lived experience. "I have been the startup guy, trying to juggle product deadlines, sales pressure, and security all at once. I know that sometimes, good enough really is good enough, if you have got the right roadmap." In a landscape where flashy solutions often outpace actual need, TSC is proving that a grounded, right-sized approach to cybersecurity is not just a technical decision; it's a business advantage. For the founders building the next generation of tech, it might just be the difference between scaling and stalling.
Business Insider
a day ago
- Business
- Business Insider
GPC Exchange Upgrades Core Infrastructure for Institutional Performance
GPC Exchange has launched a major infrastructure upgrade featuring enhanced matching engine performance, modular risk control systems, and enterprise-grade audit transparency, designed to support high-volume institutional trading with operational integrity. GPC Exchange, a global technology-driven trading platform, today announced the deployment of its next-generation trading infrastructure. Built for institutional users operating at scale, the upgrade features low-latency execution systems, layered access control, audit-grade data logging, and dynamic system observability. This strategic upgrade aims to support the evolving needs of professional traders, asset managers, and enterprise clients seeking stability, performance, and transparency in high-frequency digital markets. 'We've redesigned our core systems to meet the execution and compliance demands of global institutions,' said Evelyn Hartmann, Chief Infrastructure Officer at GPC Exchange. 'This isn't just an upgrade—it's an architecture shift toward a more observable, governable, and intelligent trading environment.' Key Components of the New Infrastructure Include: • Microsecond-Level Matching Engine – Supports ultra-low-latency order routing with advanced queuing, congestion control, and fault tolerance across global nodes. • Modular Risk Control Layer – Real-time pre-trade and post-trade risk screening integrated with behavior-based triggers, role-level rules, and anomaly response protocols. • Zero-Trust Access Architecture – Role-based and device-bound permissioning system, enforcing granular transaction authorization and administrative isolation. • Audit-Optimized Data Layer – Every operation—including order edits, system overrides, and access attempts—is recorded and encrypted with time-stamped integrity logs. • Global Synchronization Engine – Ensures deterministic state coordination across distributed trading zones, allowing consistent order visibility and recovery operations. This infrastructure also provides seamless integration with external compliance monitoring systems, third-party audit tools, and custom enterprise dashboards, enabling GPC Exchange clients to meet evolving regulatory and operational requirements with minimal integration friction. Designed for Demanding Use Cases The upgrade supports a wide range of enterprise use cases: • Institutional trading desks requiring real-time compliance traceability • Technology partners embedding trading services via high-speed APIs • Fund operations teams managing internal risk workflows across departments • Multi-region financial entities needing synchronized operations across jurisdictions The platform's new design also aligns with ISO 27001 and SOC 2 governance principles, providing clients with verifiable confidence in system architecture, business continuity, and operational discipline. About GPC Exchange GPC Exchange is a global trading infrastructure provider serving institutions, strategy operators, and enterprise clients. Headquartered in the United States, the company operates distributed data centers in Asia, North America, and Europe, offering real-time trading systems, risk management tools, and compliance-grade audit support across global markets. For further details, users can visit: Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended that you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Media Contact Contact Person: Chloe Simmons City: New York State: NY Email: Support@ Contact
Korea Herald
3 days ago
- Business
- Korea Herald
Automation Anywhere Unveils Agentic Solutions, Delivering Outcome-Oriented AI for Business Users
New Pre-Built Solutions Prioritize Enterprise-Grade Governance and Regulatory Compliance, Addressing Key Challenges for Scalable Agentic Automation SAN JOSE, Calif., June 18, 2025 /PRNewswire/ -- Automation Anywhere, the leader in Agentic Process Automation (APA), today announced the availability of pre-built Agentic Solutions and a new agentic solutions workspace which enables business users to interact with and create agents through a natural language interface. The first solutions launched support accounts payable, customer support, banking, and healthcare. Built on our Agentic Process Automation (APA) system, our ready-to-use solutions integrate pre-trained agentic automation encompassing AI Agents, RPA, APIs, and enterprise-grade governance. Each solution offers a customizable, domain-specific workspace equipped with an intuitive conversational automation co-pilot. This allows business users to interact directly with the solutions for quick execution and tangible results. Additionally, these solutions come with pre-trained AI agents that are knowledgeable about relevant regulatory requirements, such as HIPAA, SOC 2, and KYC. They also include built-in enterprise safeguards, such as data masking, audit trails, and exception handling, making them well-suited for regulated environments. "Our new Agentic Solutions mark a significant advancement compared to legacy apps designed for manual, step-by-step human interaction, providing enterprises with a seamless path to scaling agentic automation without compromise," said Dustin Snell, SVP, Agentic Solutions Development at Automation Anywhere. "Designed with an outcome-oriented, AI-first mindset, these solutions empower business users to leverage intelligent agents through natural language, enabling teams to move faster, scale smarter, and unlock the next era of automation." Enterprises face two critical challenges as they scale deployments of AI. First, too many proof of concepts still fail to make it to production. Second, proof of concepts take too much time, resource, and cost to be built for production. Automation Anywhere's new agentic solutions address these dual challenges by providing AI solutions that are customer validated, pre-built, and ready to scale, improving customer success and speeding time to market.
Time Business News
3 days ago
- Business
- Time Business News
Build Safer Code with Security-First Practices
In today's digital age, cybersecurity threats are more aggressive and advanced than ever. Whether you're launching a mobile app or building a web platform, security-first software development practices are essential. They help ensure that your product is resilient, compliant, and safe from breaches that could cost you time, money, and your reputation. A secure custom software development firm doesn't treat security as an afterthought—it's integrated into every stage of development, from planning to deployment. This mindset helps deliver software that is not only functional but built to resist real-world threats. Security-first practices in software development refer to the proactive implementation of safety measures throughout the software development lifecycle (SDLC). This includes everything from secure coding standards and vulnerability scanning to penetration testing and real-time monitoring. These practices aim to identify and eliminate vulnerabilities early, rather than dealing with breaches after they happen. The earlier security is addressed, the lower the risk and the cost of fixing problems later on. Here are the core principles followed by security-conscious developers: From the start, software is architected with security in mind. Threat modeling helps anticipate risks and address them at the design stage. Every piece of code goes through peer review and automated security testing to detect bugs or potential exploits before deployment. Sensitive data, whether in transit or at rest, is encrypted using industry standards to prevent unauthorized access. Strict role-based access ensures only the right people can access certain features or data. This reduces the attack surface. Tools are used to detect and resolve security issues regularly, even after the product is launched. Partnering with a secure custom software development firm means working with experts who treat cybersecurity as a top priority. These professionals: Stay updated with the latest security threats and best practices Use frameworks and libraries that are regularly patched and reviewed Implement secure APIs and third-party integrations Ensure compliance with industry standards like GDPR, HIPAA, or SOC 2 Such a partnership not only safeguards your application but also enhances customer trust and regulatory compliance. Building software isn't just about writing code—it's about building trust and protecting users. That's why security-first software development practices are critical for modern businesses. Security should never be reactive. The cost of ignoring it can be catastrophic, from data breaches to legal consequences. By choosing developers who prioritize secure practices and by embedding safety into every phase of your SDLC, you're making a smart investment in your future. TIME BUSINESS NEWS
Cision Canada
3 days ago
- Business
- Cision Canada
Debt Collection Enters a New Era Powered by Vodex's Voice AI Agents
BENGALURU, India, June 18, 2025 /CNW/ -- Vodex, a voice AI startup gaining steady traction in the U.S. collections space, has built a platform specifically designed for compliance-heavy outreach. As rising delinquency, leaner call-center rosters, and stricter federal oversight reshape the landscape, efficiency has become a must-hit metric for debt-collection leaders. Many agencies are now implementing AI-powered voice agents that can contact thousands of consumers an hour while staying within FDCPA and TCPA rules. By automating Tier-1 dials, these agents increase Right Party Contact (RPC) rates and free up human collectors for higher-value negotiations. Though long-discussed in customer support, AI's role in the high-stakes, regulated, and sensitive collections space is finally evolving and Vodex is helping lead that shift. Filling in the Tier-1 Gap First-touch or attempt calls significantly consume an agent's time. Vodex's voice agents fill this gap and help scale with efficiency. Integrated with popular CRMs and skip tracing tools, the agents: Place and receive calls in real time Verify consumer identity Present repayment or hardship options Log every utterance for ISO 27001, SOC 2, and HIPAA-aligned audits In one recent use case, a third-party agency reported a 7x improvement in connect rates and a 3x rise in recovery after switching a portion of its Tier-1 calls to AI voice agents. Where firms are using AI First Voice agents are now being used not just for recoveries, but also for follow-ups, payment reminders, and verifications across high-volume sectors. Use cases include: Healthcare RCM: Automated reminders for self-pay patients Auto Finance: Outbound calls to reduce delinquency Insurance: Policy renewal and missed premium alerts BNPL: Instalment recovery follow-ups Telecom & Utilities: High-frequency billing and service alerts When a call becomes complex, the bot warm-transfers to a live agent, unlike traditional bots on pre-recorded IVR systems. So, the staff can spend time on Tier-2 dispute resolution rather than voicemail loops. This works especially well for high-compliance scenarios like healthcare collections or buy-now-pay-later (BNPL) follow-ups. The company has quietly expanded into healthcare, auto finance, telecom, and consumer lending, serving both first-party early-out and third-party recovery programs. A Compliance-Centric Approach The platform also integrates with CRM systems and skip tracing tools, allowing for more precise and timely outreach. They also create an audit trail that is ISO 27001, SOC 2, and HIPAA aligned. And this is what sets Vodex apart from the rest, according to several analysts. In a regulatory environment where even minor missteps can lead to legal exposure, this is not a minor detail. The Quiet Advance of Voice AI While many AI tools in the market are focused on chat or email, Vodex is part of a newer wave that sees voice as the next battleground, especially in industries where live conversation still drives major impact. Vodex isn't alone in this space, but its traction in regulated sectors and its technical emphasis on real-time, respectful dialogue suggest a thoughtful approach. As more agencies explore AI's role in augmenting recovery efforts, it may not be long before voice agents become as standard as dialers once were. "The debt collection space isn't just ready for AI, it's asking for it, AI agents will do what traditional methods can't: engage debtors at scale, stay compliant by design, and improve recovery outcomes with every call," said Anshul Shrivastava, Co-founder & CEO of Part of a Larger Trend Voice AI, while still in early stages of adoption, is seeing increased acceptance in markets such as the U.S. particularly in pre-sales and collections. With its focus on conversational AI for phone-based interactions. Founded in 2022, Vodex operates in a growing niche that sits at the intersection of AI, compliance tech, and debt recovery infrastructure. The firm is currently expanding its presence in North America and plans to partner with BPOs and collection firms looking to digitize their recovery workflows.
