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Business and Finance News

Feedzai with Lloyds Banking Group wins Aite-Novarica Fraud Impact Award

Feedzai has been named Best Transaction Fraud Monitoring and Decisioning Innovation in the Aite-Novarica Group 2022 Fraud Impact Innovation Awards. The award highlights how Feedzai empowers the bank's data scientists to protect customers from scams and other fraud using a patented algorithm and providing a 360-degree entity view of payment risk. Due to its proficiency in mitigating fraud risk, Feedzai’s patent innovation is helping many financial institutions including Lloyds Banking Group, one of the largest retail...

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UK Finance

Armis, the unified asset intelligence platform, has joined the premier industry body for financial services in the UK, UK Finance, to help members tackle cybersecurity challenges stemming from managed or unmanaged connected assets in their environments. As an associate member, Armis says it will use the partnership to drive awareness of financial institutions’ risk exposures and the need for real-time visibility of every connected asset. The company hopes the partnership will help organisations prioritise immediate...

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Outpost24 has announced it has been acquired by Vitruvian Partners to take the company into the next phase of growth. The new ownership structure will enable Outpost24 to invest in its people, processes, and industry-leading technology to further strengthen its leadership position in a large and growing market. Vitruvian has acquired a majority ownership position in the Company, with management and key employees remaining significant minority shareholders. With over 2,500 customers in more than countries,...

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Salt Berkshire Bank

Salt Security, the leading API security company, today announced that Berkshire Bank, a leading socially responsible community bank with office locations in New England and New York, has selected the Salt Security API Protection Platform to secure its growing ecosystem of APIs. The Salt platform enables Berkshire Bank to reduce business risk by shielding itself, its partners, and its customers from rising API-based cybersecurity threats, while augmenting the company’s zero trust security model.     Berkshire Bank...

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SafeBreach Expands Global Reach with Launch in EMEA

SafeBreach, the pioneer in breach and attack simulation (BAS), today announced the launch of their EMEA programme, which will aim to bring their dynamic continuous security validation platform to an EMEA audience. The SafeBreach platform enables security teams to assess the efficacy of their security ecosystem by safely executing attacks across the entire cyber kill chain to validate and optimise security controls, prioritise remediation efforts and mitigate critical gaps before a breach occurs. As a...

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bpLaunchpad

bp Launchpad, the in-house business accelerator for bp, has selected Salt Security as its technology solution for API security.  The business accelerator aims to strengthen energy resilience by aiding in the growth of global startup companies within the renewable energy sector. The companies involved are digitally-led and help deliver cleaner, more affordable, and reliable energy. bp Launchpad supports its associates by sharing its expertise, including in building technology infrastructure, across multiple business functions. Technology solutions...

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Synopsys acquires WhiteHat

Yesterday, Synopsys, Inc. announced that it has signed a definitive agreement to acquire WhiteHat Security, a leading provider of application security Software-as-a-Service (SaaS). The addition of WhiteHat Security will provide Synopsys with significant SaaS capabilities and market-segment-leading dynamic application security testing (DAST) technology to strengthen what is considered one of the industry's broadest application security testing portfolio. Synopsys and WhiteHat Security, which was acquired by NTT Security Corporation in 2019, share a vision for delivering SaaS-based security...

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One Identity, a leader in unified identity security, announced yesterday that its One Identity Partner Circle Program had achieved exceptional results during the recently ended fiscal year as evidenced by 80% of global company sales linked to the channel (fiscal year 2022 ended January 31). Other milestones include the addition of more than 600 new partners driven by the recent acquisition of OneLogin and the growth of new partner resources and training classes. For many...

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Virsec Appoint Greg Kelton as Senior Regional Director for EMEA

Following on from their recent announcement of their Deterministic Protection Platform (DPP), California based software security firm Virsec have todayannounced the appointment of Greg Kelton as the new Senior Regional Director for EMEA, an appointment which will help to drive growth and expansion for Virsec in a key region. Greg is a hugely experienced software executive, with 11 successful exits and 20+ years of sales and general manager experience at over a dozen software companies...

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Obrela acquires Encode to become one of Europe’s largest MDR players

Obrela Security Industries, a leading provider of security analytics and cyber risk management services, has announced the acquisition of Encode, a Security Analytics and Response Orchestration provider.  The move establishes Obrela as one of the largest cybersecurity and Managed Detection and Response (MDR) players in the EMEA. George Patsis, CEO of Obrela said, “Our acquisition of Encode is an important milestone for Obrela and we are excited about the opportunities it brings to our customers,...

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