With so much information being stored in digital form, it seems inevitable that computer forensics and e-discovery would surge toward growth.
The strategy is used by companies of all sizes to create a digital paper trail that identifies issues such as file theft by departing employees or misuse of company resources. In this competitive arena, Minneapolis-based
LuciData is hoping that expertise wins out.
"Our guys come from the IT security world, not the law enforcement world," says CEO Jeremy Wunsch. "You see a lot of companies that hire former cops, and that's fine, but you need a deeper understanding of how technology works to really be effective. That's what we provide."
These days, the most common client requests come from companies fretting about intellectual property theft, he notes. If someone leaves a job and takes information along, that can burn not only the former employer, but also the new company as well. Hiring a seemingly stellar new employee and then getting hit with an IP theft lawsuit soon after can be a nasty surprise.
"We've seen that situation happening much more frequently," Wunsch says. "That's why clients are asking us for more safeguards and prevention measures, so they can detect theft as it's happening."
Because LuciData employs technologists with deep expertise in security, the company can watch the movement of data more easily, Wunsch believes. Called "internal threat management," or "proactive forensics," the field might be burgeoning right now, but look for it to boom in the near future as companies work to protect themselves at every level.
As that happens, Wunsch expects that LuciData will stay on its current growth track, and live up to its name. "We bring clarity to data," he says.
Source: Jeremy Wunsch, LuciData
Writer: Elizabeth Millard