Original press release published here.

NEW YORK – April 15, 2024 - BigID, the pioneer in AI-augmented data security, compliance, and privacy for modern cloud-first enterprises, is recognized in the coveted Citizens Cyber 66 List of Hottest Privately Held Cybersecurity Companies. This annual report highlights the 66 hottest privately held cybersecurity vendors who are finding market success and influencing the landscape even through difficult headwinds.

According to the report, BigID "brings a new level of visibility and control to data management and security". BigID gives organizations unprecedented data visibility and control, leveraging next-gen patented AI data classification and categorization capabilities, end-to-end risk management and remediation, and out of the box controls to map and achieve compliance with security and privacy frameworks: including PCI DDS 4.0, NIST, CCPA, and the latest SEC data breach guidelines.

"Cybersecurity remains in a constant state of flux, with threat actors, the organizations they target, and the security tools that attempt to be the shield between the two continuously shifting their goals and related strategies," Trevor Walsh, senior research analyst at Citizens JMP, commented, "BigID's unique approach to AI data management and security creates a powerful platform in a critical cyber domain and we are thrilled to welcome the company to our Cyber 66 list."

BigID's cloud-native data security platform extends to hundreds of data sources across the cloud and on-prem data sources, with native capabilities that extend to data security posture management (DSPM), data access governance (DAG), data loss prevention (DLP), data detection and response (DDR), and insider risk management (IRM) at enterprise scale.

The Citizens JMP Cyber 66 list is compiled through an annual evaluation process conducted by Citizens JMP's equity research team covering the cybersecurity sector. The selection criteria include factors such as innovation, market potential, customer adoption and growth trajectory. Each company is thoroughly assessed based on its unique contributions to the cybersecurity landscape, with a focus on identifying the most promising and impactful players in the industry.

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