Some news from the USA, where Actfore is now going it alone.
Actfore, a leader in AI/ML-powered data mining for cyber breach incident response, today announced it has officially spun off from ActiveNav to establish itself as an independent company. The move allows Actfore to focus exclusively on providing legal counsel, insurance carriers, and corporations with rapid, on-shore data analysis, and to continue delivering actionable insights on compromised information such as personally identifiable information (PII), protected health information (PHI), business partner critical information, and corporate “crown jewels.”
Actfore’s on-premises, U.S.-based approach combines cutting-edge AI/ML tools with deep expertise in sensitive data discovery, disrupting an industry long plagued by pricing uncertainties, delayed timelines, and inaccurate results. The company’s technology-first methodology ensures rapid, accurate assessments of compromised information, allowing organizations to navigate complex breach notification timelines and quickly determine how to respond to ransomware payment demands.
“This spin-off allows us to focus entirely on the unique challenges faced by organizations dealing with cyber incidents,” said Christian Geyer, CEO and Founder of Actfore. “As part of the agreement with ActiveNav, we have secured the right to use its Discovery Center software so we can enhance it for incident response and continue delivering the accuracy, speed, and flexible pricing our clients need to mitigate cyber risks.”
Since its inception in November 2022, Actfore has delivered over $27 million in revenue through the successful completion of 1,000 engagements globally. Trusted by over 25 insurance carriers and 35 law firms, including top Am Law 100 firms, Actfore consistently delivers accurate and timely results. Actfore’s U.S.-based data scientists and analysts ensure the highest levels of security and accuracy, processing client data exclusively on-shore in the company’s secure facilities. Clients retain full control of their data, choosing between Actfore’s secure forensics lab in Virginia or local on-premises deployment behind their own firewall.
Actfore’s new independent status comes on the heels of an $8 million investment from Gresham House Ventures, the growth capital and private equity arm of Gresham House, the specialist alternative asset management group, which manages c£8.8bn Assets Under Management (AUM). Gresham House Venture’s Managing Director & Chief Investment Officer, Trevor Hope, has joined Actfore’s Board of Directors, further strengthening the company’s leadership as it continues to expand in the incident response marketplace.
Be the first to comment