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Vera to Provide Data Security Services for GE

Data security specialist Vera announced a massive new client today. The California-based company will offer its data security services to help General Electric (GE) protect product designs, intellectual property, and proprietary data.

Specifically, Vera is responsible for helping GE automatically secure intellectual property and control how third parties use and access sensitive documents. Vera will also use its frictionless, scalable experience to help GE protect confidential data and email, prevent unwanted sharing, and dynamically revoke access to content when necessary.

Nasrin Rezai, VP and global CIO and product security officer at GE, described the company’s data as “critical” to its competitive advantage. Rezai explained, “When product designs and specifications are shared without continuous protection as part of our supply chain collaboration and technical processes, they’re susceptible to theft or illegitimate use in today’s digital economy. Vera addresses this problem because we know even when shared externally, these files are protected at the source.”

Ajay Arora, CEO and co-founder of Vera said it is an “honor” to help GE protect its intellectual property. Arora continued, “GE continues to be one of the most respected companies in the world making it an unbelievable privilege to win the support of one of the bedrocks of industry of the last two centuries. With GE fully embracing a data-centric approach to cybersecurity, we’ve entered a new and exciting era where the old paradigm of perimeter-based security is no longer the unquestioned norm.”

Vera’s CEO & Co-Founder, Ajay Arora and Sr. Director of Product Marketing,Grant Shirk demoing at FinovateSpring 2016

Founded in 2014, Vera showcased its security solution at FinovateSpring 2016. Since that time, the company has unveiled Vera for Mail, received $15 million in funding, and most recently received the CyberSecurity Breakthrough Award for Enterprise Encryption Solution of the Year. The company has raised a total of $50 million.