LiveTiles launches AI-driven security solution

Company News

by Rachael Jones

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.
 

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.