Lorica Cybersecurity Recognized as a Cool Vendor in the Gartner® Cool Vendors™ in Privacy, 2023

TORONTO, Ontario, Canada - Accesswire - Lorica Cybersecurity has been named a Cool Vendor in the Gartner Cool Vendors in Privacy for 2023 by Gartner.

Lorica Named as Gartner Cool Vendor in Privacy, 2023

For over a decade, industry experts have identified the game-changing potential of fully homomorphic encryption (FHE) which allows computations to be run on encrypted data. This revolutionary cryptographic technique allows information to be processed without revealing the underlying data itself, thus enabling truly secure and confidential data analytics with many applications across various industries.

In this report, Gartner privacy research analysts Bart Willemsen, Bernard Woo and Nader Henein emphasize “innovations in technology seem to outpace privacy protection capabilities but advancements in privacy-oriented solutions continue in response. We feature five vendors with solutions that support maturing privacy programs in detail, covering privacy as code and several ways to protect data in-use.”

Lorica Cybersecurity is changing the conversation on FHE. The Lorica Private Pursuit™ platform enables organizations and their trusted partners to execute confidential AI inference and database searches on sensitive data and AI models. The Private Pursuit™ platform is able to search large enterprise scale databases or conduct machine learning inference in milliseconds entirely under encryption. Whether for internal operations or collaborating with trusted partners on critical missions, Lorica safeguards sensitive information while upholding compliance with data privacy regulations.

"We are proud to be recognized as a Gartner Cool Vendor in Privacy," said Glenn Gulak, CEO and Co-Founder of Lorica Cybersecurity. "Our world-class team has designed a truly unique, enterprise-scale encrypted analytics solution.

Gartner subscribers can read the full research report here.

Gartner Disclaimer

Gartner, Cool Vendors in Privacy, 2023, By Bart Willemsen, Bernard Woo, Nader Henein, Published 14 August 2023

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and COOL VENDORS is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner's research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Lorica Cybersecurity

Lorica Cybersecurity has developed quantum-resistant cloud data security and privacy solutions that eliminate the risk of data exposure leveraging cutting-edge high-performance fully homomorphic encryption (HP-FHE™). Working with customers in the financial, telecommunications, government and national security sectors, Lorica safeguards sensitive information while upholding compliance with data privacy regulations such as GDPR, HIPAA and CCPA/CPRA.

Lorica enables customers to have confidence working with their proprietary data and digital assets in the cloud - both now and well into the future.

For further information: contact Elliot Siemiatycki, Director of Business Development, Lorica Cybersecurity Inc. elliot@loricacyber.com