Theom has integrated with
the Hedera Consensus Service (HCS) to create a
tamper-proof, auditable event log, ensuring any action taken on data by Theom
or cloud providers is provable.
Theom is a fully managed Cloud Data Protection Platform that
empowers enterprises to establish Zero Trust practices for data protection by
providing complete visibility into their data environment, real-time detection
of risks, and expert remediation guidance to avoid data breaches before they
happen. Theom's agentless managed solution is fully optimized to support AWS
(data stores), Snowflake, Envoy/Nginx/Kubernetes (APIs), Kafka/RabbitMQ
(Message queues) and other cloud data services.
Critical business data is protected using Theom's platform and
remediation actions. As such, Theom needed a cost-effective, scalable way for
customers to verify the integrity of data accessible by the platform publicly,
ensuring that customer data has not been compromised. The ‘shared
responsibility' nature and model of cloud platforms means that customers of
Theom need a solution to log, trust, and verify any action taken on their data
by Theom.
Theom's requirement of trust for enterprise
data security and access
Theom performs threat analysis and
risk detection on customer data residing across various interconnected cloud
providers and SaaS applications belonging to the customer without the data ever
leaving the customer's jurisdiction. Some of this data is highly sensitive -
it's important to Theom's customers that data never leaves and is never
manipulated. Customers find value in a trusted third-party determining whether
their cloud provider or SaaS application is honest.
"Trust at scale with our customers
was a significant problem to be solved, especially considering the sensitive
nature of their data," said Navindra Yadav, Co-Founder and CEO at Theom. "It
was important that we bring the greatest degree of integrity and transparency
to our platform."
Theom evaluated various public
ledgers and smart contract platforms to power this component of their
application but took issue with expensive transaction fees, low throughput, and
poor performance with these options.
"As we expect to push thousands of transactions a day through a
public ledger at scale, we needed a solution that could handle our needs both
today and as we grow," continued Yadav. "The Hedera Consensus Service was an
obvious choice for our use case - the high-velocity of user-generated and
machine-generated events could not cost-effectively be recorded on other public
ledgers or using smart contracts. Theom adopting Hedera has increased customer
trust, bolstered our value proposition, and improved acquisition and
retention."
A scalable, low-cost, and verifiable log of
events on Hedera
By using HCS and the proof-of-action implementation, Theom is able
to prove to customers with confidence a holistic view of any action taken on
their data. Theom now leverages HCS and Hedera's "proof-of-action" implementation to create a
high-throughput, immutable, and verifiable log of events on the public Hedera
network - akin to a decentralized messaging bus. At $0.0001 USD per message,
HCS enables Theom to log - and make verifiable - every event related to data
access and retention. This creates trust for customers that:
- Data persists only
within their cloud environment / SaaS applications and is not removed by
their cloud provider or SaaS applications or by Theom.
- All actions taken
by Theom are logged and legitimate, including data observation, fixing
risks, data classification, estimating financial value of data and
more.
- Data Security
through the life cycle of data in an enteprise is now provable to risk
and compliance teams.
Theom will share more details on the business challenges of
offering Zero Trust data protection, the technical architecture and
implementation of Hedera Consensus Service, and a demo of the platform during a
webinar on Monday, February 28th at 8am PT. Interested participants can
register at: Blockchain & Data Security: How Theom Uses Hedera for
DLT-Based Data Protection.