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Introducing the Industry's First Security & Compliance Coverage for Digital Whiteboarding

Posted by Sacha Nacar on Mar 27, 2023 4:44:43 AM

For some time, financial services firms have encountered challenges in achieving a balance between productivity and regulatory compliance, particularly with regard to drawing the line on whether to adopt cutting-edge collaboration technologies or adhere to strict regulatory mandates, such as retaining and supervising electronic communications. As modern collaboration rapidly evolves to new paradigms of richer media, specifically dynamic whiteboarding content like those from Mural, remaining compliant remains a constant challenge. Research has shown that almost 40 percent of organizations use virtual whiteboard apps with another 32 percent planning to adopt them. Regulated industries, such as financial services, are also adopting these platforms at a rapid rate, yearning to embrace new ways of engaging clients and collaborating internally while striking a balance between innovation and compliance.

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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.

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