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Employee Security Assistant Platform

Code: 
ESA

Managing risk situations is a topic of interest for most companies ranging from small and medium enterprises to large entities. In broader terms, risk management is understood as the identification, assessment, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities . Risk management can help companies manage important adverse future events and help establishing procedures and means to measure, report, mitigate and manage such risks. However, as the sources of information from where risks and threats can be detected is exponential growing, both in size and heterogeneity, it becomes nearly impossible for companies to deal with the challenging task. Relevant sources that one can include but are not limited to news sites (e.g. Reuters, CNN), social media channels (e.g. Facebook, Twitter), travel plan documents, emails, etc. Moreover, information available in these sources must be interpreted and correlated with other information sources. Nowadays the overall process requires the strict attention and intervention of the human factor, which obviously leads to higher costs and not always to accurate results. While large companies can invest large resources in performing such tasks, small and medium enterprises have limited resources and are facing the situation of ignoring the risk management problem which often leads to considerable loses. ESA will be an intelligent system which offers a semi-automatic solution that enables enterprises to conduct proper risk assessment by processing large amount of live data sources, to effectively and efficiently analyze and derive proper actions for risk management through automatic reasoning on the data collected from such sources and finally to provide services and applications for its employees and other connected parties in a cost effective manner.

Historical Project: 
No Historical Project