{"id":3452,"date":"2018-08-10T01:39:53","date_gmt":"2018-08-10T01:39:53","guid":{"rendered":"https:\/\/raizinvest.com.au\/investors\/?p=3452"},"modified":"2021-02-08T04:20:17","modified_gmt":"2021-02-08T04:20:17","slug":"raiz-security-financial-ai-cybersecurity","status":"publish","type":"post","link":"https:\/\/raizinvest.com.au\/investors\/blog\/raiz-security-financial-ai-cybersecurity\/","title":{"rendered":"Raiz Security: Strengthens Financial Security and Compliance with AI Cybersecurity"},"content":{"rendered":"<p><img class=\"raiz security aligncenter wp-image-3453 size-full\" title=\"raiz security \" src=\"https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2018\/08\/raiz-security.png\" alt=\"raiz security \" width=\"1280\" height=\"720\" srcset=\"https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2018\/08\/raiz-security.png 1280w, https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2018\/08\/raiz-security-640x360.png 640w, https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2018\/08\/raiz-security-1024x576.png 1024w, https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2018\/08\/raiz-security-320x180.png 320w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<p><a href=\"https:\/\/www.versive.com\/\">Versive, Inc.<\/a>, an award-winning AI-based cybersecurity company, today announced that Raiz Invest Limited (Raiz), a mobile first micro-investment platform based in Australia, is using the Versive Security Engine (VSE) to help protect sensitive customer data and comply with financial regulations.<\/p>\n<p>Raiz provides customers an easy way to regularly invest either small or large amounts in one of six portfolios of varying risk levels. The company has 164,000 active customers in Australia, and approximately $200 million in funds under management, growing at over 20 percent each quarter. For more information on Raiz fees, click <a class=\"c-link\" href=\"https:\/\/raizinvest.com.au\/fees\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-stringify-link=\"https:\/\/raizinvest.com.au\/fees\/\" data-sk=\"tooltip_parent\"><span style=\"text-decoration: underline;\">here<\/span>.<\/a><\/p>\n<p>As a fast-growing financial company, Raiz wanted to increase its level of security. The company already offers bank-level security to consumers through the app to ensure customer data is held securely. In addition, Raiz recently listed on the Australian Stock Exchange and VSE is a critical component of their compliance with financial regulations. Partnering with Versive was a key step in achieving these goals.<\/p>\n<p>The Versive Security Engine is built on a proprietary machine-learning platform that enables it to identify subtle patterns across massive volumes of data. VSE automatically exposes the activities that all adversaries must engage in to accomplish their mission: internal reconnaissance, collection and exfiltration. This strategic framework significantly reduces false positives so that VSE delivers only a handful of high-fidelity ThreatCases per week so that Raiz\u2019s cybersecurity team can focus on defeating the most serious threats before damage is done.<\/p>\n<ul>\n<li><strong>Continuous situational awareness: <\/strong>Raiz\u2019s highest priority is protecting its customers\u2019 information, data and money. VSE provides continuous situational awareness inside customer network and detects internal and external adversaries regardless of what new tools, tactics or exploits they use.<\/li>\n<li><strong>The power of AI: <\/strong>VSE uses AI to automatically uncover the required chain of potential threat activity that separates the signal\u2014the real risks to Raiz\u2019s business and customer information\u2014from normal network noise.<\/li>\n<li><strong>Increasing consumer confidence: <\/strong>With VSE running seamlessly behind the scenes, customers can invest securely with Raiz, knowing the company is proactively hunting for potential threats and shutting them down before damage is done.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_3455\" aria-describedby=\"caption-attachment-3455\" style=\"width: 1214px\" class=\"wp-caption aligncenter\"><img class=\"size-full wp-image-3455\" src=\"https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2018\/08\/Versive.png\" alt=\"Versive\" width=\"1214\" height=\"279\" srcset=\"https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2018\/08\/Versive.png 1214w, https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2018\/08\/Versive-640x147.png 640w, https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2018\/08\/Versive-1024x235.png 1024w, https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2018\/08\/Versive-320x74.png 320w\" sizes=\"(max-width: 1214px) 100vw, 1214px\" \/><figcaption id=\"caption-attachment-3455\" class=\"wp-caption-text\">Versive Security Engine<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p><strong>Joe Polverari, CEO of Versive, said:<\/strong> \u201cHackers and other bad actors have the time and resources to successfully find an entry point into your network. Financial services companies like Raiz understand that securing their customer\u2019s information is of utmost importance. That\u2019s why VSE is the critical missing piece in a company\u2019s security portfolio, delivering the most dangerous threats that are already within the network so that security teams know what to focus on to avoid breaches.\u201d<\/p>\n<p><strong>George Lucas, CEO and managing director of Raiz, said: <\/strong>\u201cAs our company grows quickly, we are tasked with maintaining both our level of service and the sacred trust of safeguarding customers\u2019 data and money. The Versive Security Engine ensures that we are on the cutting edge of cybersecurity because it is one the most sophisticated technologies to protect our customers and investors from data breaches.\u201d<\/p>\n<figure id=\"attachment_2977\" aria-describedby=\"caption-attachment-2977\" style=\"width: 300px\" class=\"wp-caption aligncenter\"><img class=\"wp-image-2977\" src=\"https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2018\/06\/George.jpg\" alt=\"\" width=\"300\" height=\"297\" srcset=\"https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2018\/06\/George.jpg 670w, https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2018\/06\/George-640x633.jpg 640w, https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2018\/06\/George-320x317.jpg 320w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-2977\" class=\"wp-caption-text\">George Lucas, Managing Director and CEO of Raiz<\/figcaption><\/figure>\n<p>Learn more about <span style=\"text-decoration: underline;\"><a href=\"https:\/\/raizinvest.com.au\/security\/\">Raiz Security on our website.<\/a><\/span><\/p>\n<p>&nbsp;<\/p>\n<h3>Articles in the Media:<\/h3>\n<p><span style=\"text-decoration: underline;\"><a href=\"https:\/\/australianfintech.com.au\/raiz-chooses-versives-ai-powered-cybersecurity-solution-strengthen-financial-security-compliance\/\">Australian FinTech\u00a0 &#8211; &#8216;Raiz chooses Versive\u2019s AI-powered cybersecurity solution to strengthen financial security and compliance&#8217;<\/a><\/span><\/p>\n<p><span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.finextra.com\/pressarticle\/75050\/raiz-selects-versive-ai-to-protect-customer-data\">Finextra &#8211; &#8216;Raiz selects Versive AI to protect customer data&#8217;<\/a><\/span><\/p>\n<p><span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.adviservoice.com.au\/2018\/08\/raiz-chooses-versives-ai-powered-cybersecurity-solution-to-strengthen-financial-security-and-compliance\/\">Adviservoice &#8211; &#8216;Raiz chooses Versive\u2019s AI-powered cybersecurity solution to strengthen financial security and compliance&#8217;<\/a><\/span><\/p>\n<p><span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.fintechbusiness.com\/data\/1099-raiz-invest-shores-up-cybersecurity\">FinTech Business &#8211; &#8216;Raiz Invest shores up cybersecurity&#8217;<\/a><\/span><\/p>\n<p><span style=\"text-decoration: underline;\"><a href=\"https:\/\/securitybrief.com.au\/story\/raiz-chooses-ai-powered-cybersecurity-solution-for-financial-security-and-compliance\/\">Security Brief &#8211; &#8216;Raiz chooses AI-powered cybersecurity solution for financial security and compliance&#8217;<\/a><\/span><\/p>\n<p><span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.financialstandard.com.au\/news\/raiz-beefs-up-security-with-ai-124933080\">Financial Standard &#8211; &#8216;Raiz beefs up security with AI&#8217;<\/a><\/span><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<h3><strong>Don\u2019t have the Raiz App?<\/strong><\/h3>\n<p>Download it for free in the App store or the Webapp below:<\/p>\n<figure id=\"attachment_3372\" class=\"wp-caption aligncenter\">\n<figure id=\"attachment_3372\" aria-describedby=\"caption-attachment-3372\" style=\"width: 351px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/raizinvest.com.au\/gettheapp\"><img class=\"wp-image-3372 size-full\" src=\"https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2018\/08\/download-app.png\" sizes=\"(max-width: 351px) 100vw, 351px\" srcset=\"https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2018\/08\/download-app.png 351w, https:\/\/raizinvest.com.au\/investors\/wp-content\/uploads\/2018\/08\/download-app-320x77.png 320w\" alt=\"download-raiz-app\" width=\"351\" height=\"84\" \/><\/a><figcaption id=\"caption-attachment-3372\" class=\"wp-caption-text\"><a href=\"https:\/\/raizinvest.com.au\/gettheapp\">Click to download the Raiz app<\/a><\/figcaption><\/figure>\n<p>&nbsp;<\/figure>\n<p><em><span style=\"font-weight: normal !msorm;\"><strong>Important Information<\/strong><\/span><\/em><\/p>\n<p><em>The information on this website is general advice only. This means it does not take into account any person\u2019s particular investment objectives, financial situation or investment needs. If you are an investor, you should consult your licensed adviser before acting on any information contained in this article to fully understand the benefits and risk associated with the product.<\/em><\/p>\n<p><em>A Product Disclosure Statement for Raiz Invest and\/or Raiz Invest Super are available on the Raiz Invest website and App. A person must read and consider the Product Disclosure Statement in deciding whether, or not, to acquire and continue to hold interests in the product. The risks of investing in this product are fully set out in the Product Disclosure Statement and include the risks that would ordinarily apply to investing.<\/em><\/p>\n<p><em>The information may be based on assumptions or market conditions which change without notice. This could impact the accuracy of the information.<\/em><\/p>\n<p><em>Under no circumstances is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz Invest or Raiz Invest Super.<\/em><\/p>\n<p><em>Past return performance of the Raiz products should not be relied on for making a decision to invest in a Raiz product and is not a good predictor of future performance.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Versive, Inc., an award-winning AI-based cybersecurity company, today announced that Raiz Invest Limited (Raiz), a mobile first micro-investment platform based in Australia, is using the Versive Security Engine (VSE) to help protect sensitive customer data and comply with financial regulations. Raiz provides customers an easy way to regularly invest either small or large amounts in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[1],"tags":[],"yst_prominent_words":[565,554,567,559,552,535,562,556,563,82,568,560,553,125,613,561,557,555,534,558]}