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LightBeam Wins Best North America RegTech StartUp Award, Announces New Program

“LightBeam SNAP makes it trivially easy for companies to get ahead of their privacy compliance initiatives and strengthen their data security posture.”, a pioneer in data security and privacy automation, has won Best North America RegTech Startup as part of the RegTech Insight Awards USA. This award recognizes innovation in technology and business models, seeking to highlight RegTech solutions that successfully improve customers’ abilities to effectively respond to the evolving and ever more complex regulatory requirements across the global financial services industry. “Thrilled and humbled with this industry recognition of our efforts to help organizations secure their sensitive data and move away from checkbox compliance. Thank you to our customers and to the privacy and security community, “ said Priyadarshi Prasad, Co-founder and Chief Product Officer of LightBeam. “With our unique SNAP initiative, LightBeam is proud to commoditize artificial intelligence (AI) powered innovations helping organizations secure their sensitive data, and facilitate 3rd party GDPR/CCPA assessments, all with an affordable subscription.” Award submissions were reviewed by the A-Team Insight editorial team and independent USA Advisory Board, who evaluated the depth of involvement in capital markets, the relevance of a solution or service to a selected award category, and the potential interest of a solution or service to the RegTech Insight community. Once chosen for the shortlist, voting was opened to the public. LightBeam launches the SecureNow Assessment Program (SNAP) — Industry’s First AI-Powered Data Security and Compliance Subscription LightBeam is making its SNAP initiative generally available to all customers based on the tremendously positive feedback received during the beta period. LightBeam SNAP helps customers assess privacy compliance readiness and address urgent data security challenges without an upfront steep commercial commitment. Among other features, LightBeam SNAP includes:

  • Scanning for all supported applications including Amazon S3, MS SQL Server, MS Outlook, MS SharePoint, MS OneDrive, Gdrive, Gmail, ServiceNow, Jira, Postgres, and many more.

  • Deployment in customers’ cloud or on-prem environments (so none of their data leaves their premises).

  • Free consulting to facilitate GDPR/CCPA assessment from a 3rd party auditor.

“One of the biggest challenges in data security and privacy audits is where to start — there are just so many applications holding/hiding sensitive data ripe for potential exposures and ransomware attacks. Using a tool often becomes time consuming and cost prohibitive,” said Jutta Williams, founder of and a renowned privacy leader. “LightBeam SNAP makes it trivially easy for companies to get ahead of their privacy compliance initiatives and strengthen their data security posture. I especially like the in situ data scanning and the all-apps-included monthly subscription model — immensely helpful for startups and enterprises alike.” LightBeam SNAP is available now at an affordable price via a monthly or annual subscription. For more information, please visit About LightBeam LightBeam is on a mission to create a secure privacy-first world helping customers automate compliance against a patchwork of existing and emerging regulations. A leader in the data security & privacy automation category, LightBeam has rapidly gained customers’ trust by pioneering a unique identity-centric and automation-first approach. Unlike siloed solutions, LightBeam ties together cataloging, control, and compliance across structured and unstructured data applications providing 360-visibility, masking, redaction, archival, and deletion of sensitive information, helping ensure ultimate protection against both accidental exposures and malicious ransomware attacks. © 2022 LIGHTBEAM.AI, INC. All rights reserved. 1LightBeam SecureNow Assessment Program (SNAP) is offered to qualified customers where customer qualification is at the sole discretion of LightBeam. LightBeam reserves the right to withdraw this offer at any time without notice. Terms and conditions apply. Company Contact Related Links

Originally published at on November 21, 2022.

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