Behavox, the enterprise security software company today renewed its partnership with TeleMessage with a view of seamlessly integrating mobile instant messaging platforms such as WhatsApp & WeChat, and surveilling them for regulatory misconduct.
“We set out to build an effective, robust and secure integration with Behavox and over the past year we have achieved many successes together which I am proud of” said Gil Shapira, VP of Business Development at TeleMessage. “With the recent regulatory action against investment banks in the US and the coming regulatory actions against Asset Managers, PEs, and Commodity Trading firms, we are seeing massive demand that, alongside Behavox, we are looking to address.”
The past year of regulatory fines issued by the SEC and CFTC totalling over $1.1bn, expected investigation of investment funds as well as increasing scrutiny from regulatory authorities outside of the US have underscored the need for a proven solution for capture and surveillance of instant messaging platforms such as WhatsApp, WeChat, Telegram and others that is signed off by regulators and fully meets their remediation requirements.
“The regulatory scrutiny is growing and it is mission-critical for our customers to have access to a solution that passed the regulatory inspection and can be implemented as easily as ingesting emails” said Michael Talbert, Global Head of Delivery at Behavox. “This is what we have successfully developed with TeleMessage over the past year and are able to integrate and provide our Quantum Solution to identify risks within instant messaging channels within weeks, which is at least 3 times faster than alternative solutions.”
Behavox & TeleMessage will be hosting an industry roundtable in New York on December 1st to discuss proven solutions to capture and surveil WhatsApp and other instant messaging platforms, in light of the ongoing enforcement actions.
About Behavox Ltd.
Behavox is a security software company that specializes in communication surveillance.
A market leader in application of Artificial Intelligence to monitoring of text and voice communications, Behavox’s software protects companies and their employees from bad actors engaged in illegal and malicious activities. Compliance surveillance, legal and SOC teams rely on Behavox software to reduce false positives and increase detection rate across a broad range of risks. There are many solutions to protect companies from the outside risk; Behavox protects companies from the inside risk. Founded in 2014, Behavox is headquartered in New York City and has offices in Montreal, London, San Francisco, Seattle, Singapore, Tokyo, Dallas, and Abu Dhabi.
TeleMessage is widely recognized as an innovative messaging leader providing enterprises and mobile operators with mobility solutions and next-generation wireless communication technologies. Founded in 1999, TeleMessage has been helping organizations of all sizes across industries, including financial services, government, healthcare and network carriers globally to leverage the power of the mobile channel with our robust communications platform. The TeleMessage products portfolio includes: Mobile Archiver, Secure Enterprise Messaging and Mass Messaging. For more information, visit: https://www.telemessage.com/