Giant Oak Wins 2019 Red Herring Top 100 North America Award

Giant Oak recognized for its large-scale, high-speed, deep web search
and screening tool

ARLINGTON, Va.–(BUSINESS WIRE)–Giant Oak, a leader in the application of artificial intelligence,
machine learning, and big data for the security needs of the financial
industry and the federal sector, is proud to announce that it has been
named a recipient of Red Herring’s Top 100 North America Award, one of
the technology industry’s most prestigious prizes.

Giant Oak was recognized for its cutting-edge Giant Oak Search
Technology (GOST®), a revolutionary search and retrieval tool
that uses machine learning and artificial intelligence to make threat
detection faster and more accurate. In its work, GOST’s ranking
capabilities enable users to focus on a small, precise set of entities.
Its ranking algorithm is measured as 97% more efficient than traditional
search and screening methods.

“As data continues to double every 18 to 24 months, it has become
impossible for investigators and analysts to screen across the massive
deluge of data. Machine learning identifies patterns at a scale and
speed that humans can’t match,” said Dr. Gary Shiffman, founder and CEO
of Giant Oak. “The result of ML/AI technology like GOST® is
that individuals can make smarter decisions about risks, and governments
can foster a safer and freer society. This recognition by Red Herring
helps to validate Giant Oak’s innovative work in redefining how
screening and continuous vetting operations are performed to ultimately
make us all safer.”

Winners for this award are among the continent’s brightest and most
innovative private ventures. Giant Oak was chosen by Red Herring’s
editorial team after a process that considered criteria including
disruptive impact, proof of concept, financial performance, market
footprint and quality of management.

“Selecting finalists for this year’s Top 100 has proved more difficult
than ever. North America has been tech’s beating heart for years–but
never have I seen such an exciting, disruptive and innovative generation
as we have in 2019,” said Alex Vieux, publisher and chairman of Red
Herring. “Giant Oak fully deserves its place among our Top 100, and I’ve
every confidence it will make a significant impact in the tech world.”

For more information on GOST®, please visit: https://www.giantoak.com/solutions

About Giant Oak

Giant Oak combines data and behavioral science to help business and
government identify potential threats during the online search and
screening process. Led by a team of social scientists, machine learning
experts, and security professionals, the company provides a system known
as GOST® which expertly searches the deep web to reveal and
rank otherwise-hidden actions, actors, and communities. GOST’s
human-centered design principles apply machine learning to publicly
available information enabling organizations to see a clearer picture of
the people with whom they transact. The government, financial and
regulatory organizations, and national security agencies use GOST®
to comply with Customer Due Diligence (CDD) processes, reduce false
negatives, increase data confidence, and enable smarter and easier
decision-making. For more information, visit www.giantoak.com.

Contacts

Molly Ryner
[email protected]

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