DataminerAI accelerates incident response,
assesses risk, predicts cost and streamlines review process
NEW
YORK, May 16, 2024 /PRNewswire/ -- Kroll,
the leading independent provider of global risk and financial
advisory solutions, expands its document review capabilities with
DataminerAI to immediately pinpoint where sensitive data is
located, providing faster, more efficient and affordable data
mining. The technology optimizes incident response investigations
and is available to all insurance carriers, law firms, and incident
response providers seeking more efficient document review.
As the world's leader in incident response, Kroll partnered with
eDiscovery services provider, Dauntless Discovery, to develop
DataminerAI. It leverages large language models (LLM) to rapidly
analyze data sets of all sizes to find sensitive data and
categorize it for immediate analysis, extraction and review. The AI
technology handles both structured and unstructured data to
increase review efficiency and accuracy. DataminerAI provides
customized workflows based on its findings and delivers solutions
which reduce the need for manual review. This saves time and money
typically associated with data mining and customers receive impact
assessment reports faster.
Benedetto Demonte, Chief
Operating Officer of Kroll's Cyber Risk Business, said: "Kroll
handles more cyber incidents than any other company in the world,
and our goal is to work closely with outside counsel to gauge the
regulatory exposure associated with each breach and create
customized workflows designed to increase the efficiency and
accuracy of each review using DataminerAI. These capabilities
combined with Kroll's dedicated data mining and technology teams,
the contingent workforce of up to 2,000 contract attorneys, and our
24/7/365 support model, means customers can have a scalable
solution to accurately assess risk while avoid unknown costs and
streamline the review process."
Jonathan Hanks, Chief
Operating Officer at Dauntless Discovery, said: "By leveraging
DataminerAI we've enhanced our ability to scope, estimate and
execute on behalf of clients. The tool significantly decreases the
time to report and notify, while offering clients a more
predictable pricing model. Our goal is to ensure the best possible
outcomes for our clients. The utilization of this technology does
that by accurately assessing risk, predicting costs and
streamlining the review process."
Kroll's scalable eDiscovery solutions are trial tested for
unrivaled speed, accuracy and insight. Find out more about Kroll's
global expertise in cyber risk, investigations, compliance,
disputes and risk management here.
About Kroll
As the leading independent provider of risk and financial
advisory solutions, Kroll leverages our unique insights, data and
technology to help clients stay ahead of complex demands. Kroll's
team of over 6,500 professionals worldwide continues the firm's
nearly 100-year history of trusted expertise spanning risk,
governance, transactions and valuation. Our advanced solutions and
intelligence provide clients the foresight they need to create an
enduring competitive advantage. At Kroll, our values define who we
are and how we partner with clients and communities. Learn more at
Kroll.com.
About Dauntless Discovery
Dauntless Discovery provides end-to-end eDiscovery services to
law firms and corporations. Our calculated approach to discovery
results in law firm quality work at a competitive price. To execute
our strategy, we leverage technology to optimize accuracy and
increase efficiency through our proven best practices, protocols,
and workflows. Through the experience of our people, the
defensibility of our process, and the utilization of technology, we
help our clients accurately assess risk, predict costs, and
navigate discovery. For more information, please visit
www.dauntlessdiscovery.com.
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SOURCE Kroll Associates