Fast-Growing Drata Provides Security And Compliance Automation Platform [Forbes]
Aerojet Rocketdyne Holdings, Inc. (AJRD)
Last aerojet rocketdyne holdings, inc. earnings: 2/19 04:11 pm
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Source: Forbes
Customer data is a precious and now highly regulated corporate asset. As a result, companies need regular security audits to make sure they are properly protecting their clients’ private information, complying with federal regulations, and avoiding liability and costly fines.Not surprisingly, the market for compliance management software is large and growing, valued at $32.1 billion in 2020 and projected to reach $74.8 billion by 2028, according to Verified Market .DrataDrata Co-Founder and CEO Adam Markowitz.Founded in 2020 by Adam Markowitz, Daniel Marashlian, and Troy Markowitz, the San Diego-based company helps companies streamline their SOC 2 (a voluntary compliance standard developed by the American Institute of CPAs, which specifies how organizations should manage customer data) compliance audit process through continuous, automated control monitoring and evidence collection, resulting in lower costs and time spent preparing for annual audits.“Trust is kind of the theme of my c
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