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30 Fabulous Companies of the Year 2021

In Conversation with Kerubiel Ltd Leadership: ‘We Help the Biggest Consumer and Financial Companies Achieve and Maintain their Compliance Needs, Especially in GDPR’

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“This year, we launched a solution called Docurise that automates inbound invoice processing in a very efficient way for enterprises and auditors.”

Kerubiel Ltd is a 100 percent privately-owned company specializing in ICT and information security and privacy services.

The company was incorporated in 2017 and is headquartered in Budapest.

Laszlo Dellei and Gabor Vadasz, Kerubiel Ltd CEO and CTO respectively, spoke exclusively to The Silicon Review. Below is an excerpt.

Q. Explain your services in brief, Mr. Dellei.

In recent years, data protection has been our main focus, but since last year, we have launched several of our own IT developments focusing on artificial intelligence (AI), IoT, and Industry 4.0 solutions.

Q. Where do you think the modern enterprise security system is lacking, and how is Kerubiel filling the void, Mr. Vadasz?

COVID-19 has shown that phishing and targeted attacks are a growing problem among those working from home. During the pandemic, several hospital institutions were attacked by hackers. It is essential to develop adequate prevention skills and a well-functioning Security Operation Center (SOC). This year, we launched our global SOC service, overseen by highly trained data scientists and ethical hackers. Outsourced SOC is a cost-effective and fast solution for dealing with vulnerabilities.

Q. Mr. Dellei, tell us about your compliance and regulatory system.

Several members of our team have the highest qualifications in IT audit and cybersecurity (such as CISA, CISM, CISSP, etc.), and with our IT lawyers, we can provide effective solutions to manage compliance. We have significant experience in supervisory auditing of financial institutions. We can also support our compliance programs with Microsoft solutions. 

Q. Mr. Vadasz, what solutions did companies look for in 2020?

We see companies increasingly relying on AI for their automated decisions, repetitive tasks with little business value. We can say that companies have now really understood the value of AI-based solutions and dare to entrust them with corporate tasks as well. Machine Intelligence has been there in people’s personal realms for a long time, even if we don’t think of it that way: it’s enough to think of just a voice-based assistant or a traffic management application.

In Kerubiel, we see that AI complements people’s work and does not take jobs. There are simple tasks that AI can perform with higher efficiency, faster, more accurate data quality, all at a lower cost than humans. With the support of AI, people can deal with higher value-added tasks that require creativity.

Q. What developments have been made in the AI field this year, Mr. Dellei?

This year, we launched a solution called Docurise that automates inbound invoice processing in a very efficient way for enterprises and auditors.

For example, with an automated solution, a paper-based invoice requires 10 seconds of supervisory work, while doing it manually took 3.5 minutes of that employee’s time. Several audit companies use our solution, and it has also proven useful in tender accounting.

Furthermore, with our new solution, we speed up the damage reporting event using AI.

For example, if the damage expert or the customer takes a photo of a broken car, AI evaluates it very quickly, thus speeding up the damage expert’s work. Indicates, forthesiliconreview-gabor-vadasz-cto-kerubiel-ltd-21 example, the damage caused by the damage, the replacement of the parts, the damage to the fault, even if the vehicle is not economically damaging. AI can make such simple, repetitive tasks effective for insurers.

Q. One year as a member of the PRIME-VR2 project of the VR platform to help stroke patients recover. Tell us about it, Mr. Vadasz.

Last autumn, we started work on a Horizon 2020 project with several EU partners. PRIME-VR2 aims to develop a virtual reality-based platform for rehabilitation purposes. Kerubiel is developing a system integration platform in this collaboration. The virtual reality-based game aims to rehabilitate patients who have had a stroke, for which research doctors are developing different scenarios. Development is progressing well, with testing of the rehabilitation virtual game beginning early next year. If there are domestic institutions and rehabilitation centers interested in this area, we are looking for new collaborations and partnerships.

Q. Do you have any new services launching soon, Mr. Dellei?

Yes, we have launched our new Defesa product family in the last few days—professional military-grade eavesdropping protection and RF shielding for mobile devices.

The isolation case offers protection against eavesdropping or radio frequency interference, pulses and prevents remote switching on the microphone or camera. Defesa prevents device tracking by blocking GPS or Bluetooth tracking.

The case is intended for business and private users who want to make their confidential discussions and appointments genuinely confidential. The product provides a valuable signal to laboratories and forensic analysts who wish to keep the devices in their original, unalterable condition for testing.

“Our consultants and engineers have an impressive background and many years of proven project experience in domestic and international projects.”