Theta Lake Blog

Compliance for Healthcare: Protect ePHI and Monitor Video Collaboration

Posted by Rosa Lear on Jan 26, 2021 12:05:27 PM

The healthcare industry is rapidly switching to telemedicine, pharma related collaboration, and virtual examination, especially during the pandemic. Video conferencing and collaboration platforms like Zoom are becoming a critical part of core healthcare operations. Telemedicine appointments increased 154% from January to March 2020 because of the pandemic and will continue to be a staple of healthcare into the future.  

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Topics: compliance, partner, healthcare

Best Practices for Managing Compliance and Video Conferencing

Posted by Rosa Lear on Jan 19, 2021 9:24:52 AM

Video conferencing has increased in importance over the last year due to the shift for most business employees to work away from the typical office location, allowing employees to simulate in-person collaboration. But it's also changed the way businesses interact with their customers, particularly in the financial services arena. 

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Topics: compliance, video conferencing

Is Using Transcription Enough to Stay Compliant? Maybe.

Posted by Rosa Lear on Jan 12, 2021 9:15:00 AM

Voice recording and review is an essential practice for highly regulated industries. This is because  regulations concerning recording, handling, and retention have been in place for some time. To addressreview requirements, many organizations have turned to voice-to-text transcription, which companies have deployed in waves in an effort to gain better insights into their audio and video information. While many use cases have been popular in regulated industries like financial services and healthcare, the relatively small gain in insights using transcription compared to the high resource and time cost to implement them hasn’t yielded the right result.

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Topics: compliance, educational

Desjardins Case Highlights The Need for Better Oversight

Posted by Marc Gilman on Jan 6, 2021 6:27:52 AM

On December 1, 2020, Canada's Office of the Privacy Commissioner (“OPC”) issued a report on a data security incident at the Quebec-based financial services firm Desjardins.  The Desjardins incident involved an insider at the firm who accessed, collected, and leaked the personal information of over 9.7 million customers and users from Canada and elsewhere during two year period—a staggering amount of data over an extended period of time.   

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Topics: security, data leakage

2021 Predictions for Securing the New Virtual Office

Posted by Devin Redmond on Dec 28, 2020 1:53:50 PM

With the centralized “in-person office” as we know it evolving to collaboration tools centered work-from-anywhere, it is no secret that this year has been challenging for most professionals regardless of their industry. This “new hybrid office” now lives inside the four corners of your computer screen regardless of your physical presence at home, in an office, or somewhere in between. From video conference calls to chat bubbles, our technology has undeniably been tested in a variety of new ways.

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Topics: predictions

AI As A Blueprint For Fintech Startups

Posted by Marc Gilman on Dec 28, 2020 1:53:41 PM

While most startup founders would prefer not to pore over laws, regulations and interpretive materials to design a perfect product, it’s an essential exercise for those developing financial services solutions. For fintechs and the other finserv-related startups (e.g., regtech, suptech, etc.) understanding the regulatory obligations of customers and prospects will be core to your mission. In some cases, the process of interpretation and analysis might be a heavy lift involving expert outside counsel, lobbying efforts, and specialized consulting services.

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Topics: compliance

Theta Lake Secures $12.7M In Series A Funding As Global Demand Skyrockets

Posted by Devin Redmond on Dec 28, 2020 1:51:36 PM

As the CEO and a co-founder, I am excited to announce on behalf of our entire team that Theta Lake has secured $12.7 million in a series A funding round, bringing our total company funding up to $20 million.

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Topics: momentum, funding

Theta Lake provides security and compliance for modern collaboration platforms using frictionless partner integrations with Cisco Webex, Microsoft Teams, RingCentral, Slack, Zoom, and more. Using patented machine learning and NLP, Theta Lake detects risks in: video, voice, chat, and document content across what is shared, shown, spoken, and typed. Those risks are surfaced in an AI-assisted, patent-pending review workspace that adds consistency, efficiency, and scale for security and compliance teams. All of this enables organizations to safely realize the full ROI of a collaboration-first workplace while reducing the cost of security and compliance.

www.thetalake.com

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