London, England, October 9, 2024  – Metomic, a next generation data security and data loss prevention (DLP) solution for protecting sensitive data in cloud-based work environments and SaaS ecosystems, today announced a strategic partnership with Remitech, a leading software partner specialising in security and workplace technology for disruptive, cloud-first businesses.  This partnership further accelerates Metomic’s commitment to deliver top-tier data security solutions to businesses leveraging SaaS tools and cloud-storage platforms.

The global Data Loss Prevention market is projected to grow from USD 2.21 billion in 2023 to USD 10.05 billion by 2030, primarily driven by factors like remote work, greater reliance on cloud-based productivity tools, and massive increases in data breaches across industries. The alarming rise in data breach incidents is a major challenge for businesses of all sizes, especially considering that the World Economic Forum estimates 95% of cybersecurity issues are the result of human error.

As a modern DLP security solution focused on SaaS and cloud-based applications, Metomic gives security teams clear visibility into where their sensitive data is being stored, accessed and shared. Not only does Metomic provide full visibility into an organisation’s SaaS and cloud-based environments, it helps minimise data security incidents with automated notifications that alert employees when they inadvertently share highly sensitive business information. With  Metomic, businesses can better protect their sensitive data, prevent breaches, and ensure compliance with evolving regulatory requirements. 

“We are excited to partner with Remitech and extend our data security capabilities to the organisations that trust Remitech to build effective technology stacks,” said Rich Vibert, CEO of Metomic. “Their expertise in security and digital transformation makes Remitech an ideal partner to help us expand the reach of our DLP solutions, ensuring robust protection of sensitive data across SaaS and cloud environments.”

Together, Metomic and Remitech will deliver cutting-edge security solutions designed for fast-growing organisations navigating today’s dynamic digital landscape.

“Two of the biggest challenges facing our rapidly-scaling Fintech customers are building & maintaining trust with their clients, and proving compliance to regulators… both of which hinge on how they handle sensitive customer data,” said David Remington, CEO, Remitech. “For regulated businesses using Google and Slack, Metomic is a clear fit; it provides our customers with both visibility of where their sensitive data lives across their SaaS stack, as well as the ability to automatically remediate any potential risks. But the main reason we’re happy we’ve partnered with Metomic is that our customers seem to love it.” 

To become a Metomic partner, learn more here.

About Metomic:
Metomic's data security software for SaaS, GenAI and cloud was born out of the frustration of its leaders trying to implement SaaS applications that make businesses more productive but are off limits because of high-risk security concerns. As a next generation security solution focused on cloud-based applications, Metomic gives security teams clear visibility into their organisation’s SaaS network to manage sensitive data and detect security threats, allowing businesses to take full advantage of their SaaS application network. To learn more visit www.metomic.io

About Remitech:
Remitech provides cloud-first businesses with a better way to buy software. We make sure our clients acquire the right software, at the best price, and help them get the most out of their new tools from day one. We’re an experienced, dedicated team of problem-solvers who are only ever a phone call or Slack message away. We’re consultant-led, focused on solving your critical business needs across both workplace technology and security. If you’d like to know how we can help your business call us on +44 20 8144 2589 or email hi@remitech.com.

Media Contact:
Claire Wilson
claire.wilson@metomic.io

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