Verint Announces Latest Version of Its Web and Social Intelligence Suite

Tue Aug 23, 2017

Latest Version Incorporates Advanced Real-Time Open Source Collection Capability with Enhanced Machine Learning and Data Mining to Automate the Intelligence Gathering Process and Accelerate Investigations

MELVILLE, N.Y., August 23, 2017  Verint® Systems Inc. (Nasdaq: VRNT), a leading provider of security and intelligence data mining software, today announced the launch of the latest version of its Web and Social Intelligence Product Suite, deployed by security and intelligence government agencies, as well as enterprise and critical infrastructure organizations around the world. The new version, called Webint 7.0, includes enhanced real-time open source collection with advanced machine learning and data mining capabilities to help transform large volumes of web and social media content into insights, identify suspicious behavioral patterns and generate predictive intelligence.

 

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Press Release

Verint Announces Latest Version of Its Web and Social Intelligence Suite

Wed Aug 23, 2017

Latest Version Incorporates Advanced Real-Time Open Source Collection Capability with Enhanced Machine Learning and Data Mining to Automate the Intelligence Gathering Process and Accelerate Investigations

MELVILLE, N.Y., August 23, 2017  Verint® Systems Inc. (Nasdaq: VRNT), a leading provider of security and intelligence data mining software, today announced the launch of the latest version of its Web and Social Intelligence Product Suite, deployed by security and intelligence government agencies, as well as enterprise and critical infrastructure organizations around the world. The new version, called Webint 7.0, includes enhanced real-time open source collection with advanced machine learning and data mining capabilities to help transform large volumes of web and social media content into insights, identify suspicious behavioral patterns and generate predictive intelligence.

“Security organizations are struggling to hire qualified security analysts and data scientists to tackle the ever-increasing threats of terror, cybercrime and financial crimes. They need sophisticated data mining software that can simplify and automate the process of data collection and generate real-time insights,” says Elad Sharon, president, Verint Cyber Intelligence. “Our latest version, Webint 7.0, is based on deep domain expertise and incorporates unique intelligence methodologies to provide security organizations with the power to quickly and efficiently predict threats and perform comprehensive investigations.”

Today, Verint’s Web and Social Intelligence Product Suite is being used by many security organizations globally to address a variety of security challenges, including drug trafficking, terrorist activities, illegal immigration, wildlife poaching, cyber threat intelligence, illegal use of crypto currencies, identity theft, credit cards trade, personnel vetting and more.

“Verint’s Webint data mining software helped us dissolve a large drug cartel in our country,” explains the deputy head of the narcotics unit of a Western Europe country. “Leveraging the intelligence methodologies built into the product, we were able to configure the software to the specific mission of our organization in terms of intelligence-driven flows, language, and targets’ jargon and ontologies, and this became a major factor in identifying and tracking key members of the cartel, their network of production and distribution, and their means to sell drugs. We were able to achieve this success within a short period of time and with a small number of intelligence analysts.”

The Verint Webint 7.0 data mining software now supports 60 languages. In addition, Verint offers web and social intelligence services, such as analyzing security organizations’ needs, defining analytics workflows, and training on intelligence methodology best practices to maximize operational value for specific security missions.  

About Verint Systems Inc.
Verint® (Nasdaq: VRNT) is a global leader in Actionable Intelligence® solutions with a focus on customer engagement optimization, security intelligence, and fraud, risk and compliance. Today, over 10,000 organizations in more than 180 countries, including over 80 percent of the Fortune 100, count on intelligence from Verint solutions to make more informed, effective and timely decisions. Learn more about how we’re creating A Smarter World with Actionable Intelligence® at www.verint.com.

This press release contains “forward-looking statements,” including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on management’s expectations that involve a number of risks, uncertainties and assumptions, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the fiscal year ended January 31, 2017, our Quarterly Report on Form 10-Q for the quarter ended April 30, 2017, and other filings we make with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, Verint assumes no obligation to update or revise them or to provide reasons why actual results may differ.

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