Giant Oak is known for its behavioral science-based analytics search platform, Giant Oak Search Technology (GOST®), to screen the open, deep and dark web. GOST allows financial and regulatory institutions to meet compliance requirements spanning KYC, anti-corruption and anti-money laundering (AML) regulations, and to manage and avoid reputational, regulatory, financial and crime risk. National security and law enforcement officials use GOST to identify human trafficking, terrorist activities and other national security threats.
The company has seen significant growth across its government and financial services contracts and, more importantly, experienced zero customer churn. The new CFO and board members will create long-term value for the company and help to scale its rapid growth. New members of Giant Oak’s leadership team include:
“Our new CFO and new board members will foster long-term support, strategy and growth for Giant Oak’s expanding portfolio of customers and continued technological innovation,” said Dr. Gary Shiffman, Chief Executive Officer and Founder of Giant Oak. “This announcement also marks four years since we secured our first sale with GOST. Since then we have had tremendous growth, and our customers within the national defense and security, financial services and private corporate risk industries continue to look to Giant Oak to help them solve some of their most complex challenges in mission-critical operations. Our new leadership will help scale our team and continue to advance our technology that uses social science to identify bad actors and make the world a safer place. I welcome everyone to the Giant Oak team and I am looking forward to a successful and productive future.”
GOST, a patent pending SaaS platform, combines technology and behavioral science to help business and government identify and act upon potential threats. This expert software ranks actions, actors and communities during the online search and screening process by applying machine analysis to data driven by human behavior. The platform allows users to build custom information domains for high-speed, large-scale, and customer-specific screening. These results foster a safer and freer society by helping organizations see a clearer picture of the people with whom they transact, and they enable easier and smarter decision-making while reducing cost, time and error.
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.
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Sage Communications (For Giant Oak)
Lauren Horn, 703-207-0941
Lhorn@aboutsage.com