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Canopy Announces Issuance of First Patent for AI-Powered Data Breach Response

Canopy Team Aug 10, 2021 9:52:00 AM
Graphic with patent stamp and text saying Canopy Patent Announcement: Data Breach Response

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Canopy Software, Inc., a leader in data privacy and breach response software, has been granted its first U.S. patent, titled “Systems and Methods for Identifying Compliance-Related Information Associated with Data Breach Events.”

The issuance of U.S. Patent Number 11,087,225 on August 10, 2021, solidifies Canopy’s position as a pioneer in the cybersecurity technology space. Leveraging AI and machine learning, the patented technology fills a previously-unmet need for a purpose-built, comprehensive data breach response tool.

“We’re honored by this achievement, and our work is not done,” said Ralph Nickl, CEO and founder of Canopy. “This foundational patent will serve as a framework for future filings, allowing us to generate a robust patent portfolio and continue to lead innovations in the data breach response space.”

“We've worked very closely with our customers and partners to blaze new trails in data breach response,” said Oran Sears, CTO and co-founder of Canopy. “To be able to provide this industry with the first — and the best — tool specifically designed for what they are trying to achieve is an incredible honor. We're just getting started and we're excited for what's in store.”

Canopy’s cloud-based cybersecurity and privacy application empowers organizations to quickly and accurately assess security incidents and respond to data breaches. It harnesses the full power of AI and machine learning to accelerate data assessment, PII review, and entity resolution in the growing area of data breach response.

Visit our Resources page and download the Patent Information Sheet for more details.

 

About Canopy

Canopy makes the world’s leading data breach response software, providing fast, accurate, and secure analysis of compromised data. Powered by AI and machine learning, Canopy’s patented application is purpose-built to quickly assess privacy impact and identify who was affected, so those people can be notified as efficiently as possible. Canopy has been awarded as a Gold Winner in the 2021 Cybersecurity Excellence Awards, a winner of the 2021 Global InfoSec Awards, and a 2020 NVTC Tech 100 honoree. Connect with one of our Foresters today at contact@canopyco.io or visit www.canopyco.io to learn more about our data breach response solution.