Artificial Intelligence Fintech News

DefenseStorm Builds on 2019 Growth With a Record First Half Of 2020

DefenseStorm Builds on 2019 Growth With a Record First Half Of 2020

DefenseStorm, a leading cloud-based cybersecurity and cybercompliance management provider to regional and community banks and credit unions, announced the addition of 12 new customers and the extension of 100% of customer relationships whose contracts were up for renewal in the first half of the year, positioning the company for accelerated growth in the coming months.

Read More: Kensho Collaborates with NVIDIA to Advance Automatic Speech Recognition

“The start of this year created unprecedented challenges for financial institutions, from leveraging cloud-based services to adapting to new FFIEC guidelines”

“The start of this year created unprecedented challenges for financial institutions, from leveraging cloud-based services to adapting to new FFIEC guidelines,” said Steve Soukup, chief executive officer at DefenseStorm. “We remain committed to helping alleviate some of these challenges by offering effective cybersecurity and aligning with FFIEC guidelines to help ensure our customers are meeting, if not exceeding, those standards. With our current portfolio, we have a solid foundation that is poised for continued growth throughout the remainder of this year and beyond.”

Read More: Strider Announces John Mullen, Former Assistant Director of CIA, Joins Company as Advisor

DefenseStorm’s co-managed, cloud-based and compliance-automated platform has surmounted challenges introduced by the global pandemic and successfully adapted to new vulnerabilities associated with the transition to remote work environments. With the growing need for cybersecurity amid this shift, DefenseStorm has effectively partnered with its financial institution customers to ensure their customers’ information remains cybersafe and sound.

Read More: GlobalFintechSeries Interview with Robin Gregg, CEO at RoadSync

Related posts

CI Financial Partners With CGI to Implement Advanced Transfer Agency Solution and Operations

Fintech News Desk

REPAY Announces Acquisition of Payix

Fintech News Desk

MatchMove Submits Application For A Digital Full Bank License

Fintech News Desk
1