DefenseStorm forges partnership with Alogent
The newly-forged strategic partnership between Alogent and DefenseStorm is a reminder of the importance of cybersecurity to the world of digital banking, reports David Penn at Finovate.
The two companies – an end-to-end payment processing, content management, and digital banking technology provider, and a real-time cybersecurity and cybercompliance specialist – are teaming up to help institutions manage and control their digital workflow, including the ability to better defend themselves from outside threats.
“Digital and cloud solutions are perfect complements to the DefenseStorm GRID”
“As financial institutions increasingly adopt digital, mobile, and self-service solutions to meet consumer demand, they must be increasingly diligent about protecting their operations and their customers from cyber threats,” Jason Schwabline, Alogent SVP of product management and strategy explains.
“Alogent’s digital and cloud solutions are perfect complements to the DefenseStorm GRID,” DefenseStorm’s chief revenue officer Steve Soukup adds.
Founded in 2015, DefenseStorm has offices in Atlanta, Georgia; and Seattle, Washington.
The DefenseStorm GRID is a co-managed, cloud-based, and compliance-automated solution that monitors all activity on the bank or credit union’s network, and compares this activity in real time to the firms’ cyberexposure readiness policy to help institutions become and remain both alert and accountable.
DefenseStorm has raised $14.9 million in funding, and includes TTV Capital, Washington Trust, Live Oak Banking Company, and Citizens National Bank among its investors.
This summer, DefenseStorm announced that it had been picked by NAFCU as the preferred cloud-based cybersecurity partner.
The company began the year with news of its partnership with American National Bank, a Florida-based community bank with more than $280 million in assets.
