LiveTiles launches AI-driven security solution

Company News

by Rachael Jones

Last Movement
$0.450 -$0.006 -1.25%
Data Source:
Last Updated: 19/06/2019 3:27 PM

Software company LiveTiles (ASX:LVT) has just launched its AI-driven, data-centric security solution in conjunction with alliance partner Nucleus Cyber.

Both parties have collaborated and integrated their technologies since they first announced their partnership back in October 2018.

It's a streamlined AI-powered solution that works effectively across Microsoft’s Office 365 platform to provide security against the threat of malicious insiders.

This targets over 400,000 customer organisations and over 85 per cent of Fortune 500 companies that leverage Microsoft’s SharePoint Online.

Gartner forecasts expenditure on cyber security this year to exceed $124 billion.

Shares in LiveTiles (ASX:LVT) are trading 5.95 per cent higher at 45 cents.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.