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IndustryUpdate

Sysnet Global Solutions rebrands to VikingCloud
Sysnet Global Solutions, a provider of cyber security
and compliance solutions, rebranded to VikingCloud
to unify the businesses Sysnet acquired over the last
18 months. VikingCloud and Control Scan were both
acquired in December 2020. VikingCloud delivers asset,
event and compliance management through its cloud
compliance management platform; ControlScan pro-
vides managed security services specializing in compli-
ance detection and response. In 2021, Sysnet acquired
ANNOUNCEMENTS SecureTrust, which is focused on PCI compliance, risk
management, and regulatory compliance. All entities
Fortinet offers employee security will now all operate under the VikingCloud name,
awareness, training with businesses and partners benefitting from com-
bined offerings delivered under two divisions, Partner
Fortinet, a provider of integrated cybersecurity solu- Solutions and Business Solutions, VikingCloud stated.
tions, now offers its Security Awareness and Training
service to help companies advance employees’ cyberse- Utimaco, Nokia partner to secure 5G
curity skill sets and knowledge. Fortinet noted that in a Finnish telecom Nokia and Utimaco, a provider of IT
recent survey, 73 percent of organizations had at least security solutions, agreed to expand their partnership
one intrusion or breach that can be partially attributed to jointly develop 5G security solutions for Core mobile
to a gap in cybersecurity skills. Fortinet's new service networks. The security solution to be offered by Nokia
benefits companies seeking to reduce threats by provid- and Utimaco will allow networks of any size to inte-
ing curriculum from award-winning Fortinet Training grate high-level user authentication and key agreement
Institute, alignment to NIST 800-50 and NIST 800- protocols from 2G to 5G connections, while supporting
16 guidelines, intelligence-driven training and more, quantum-safe algorithms to protect against next-gen-
Fortinet stated. eration cyberattacks, the partners stated, adding that
MetaBank invests in Advantage Payment Services the solution can also be customized to meet the specific
requirements of communication service providers.
Advantage Payment Services, which provides financial
data management for fintech payments organizations, Wnet celebrates 15 years of empowering women
received a strategic investment from MetaBank, which Women’s Network in Electronic Transactions (Wnet), a
said it sees this as an investment "in the development of nonprofit organization serving professional women in
the next-generation of APS solutions that will up-level the payments and fintech industries, closed out 2021,
the industry standard for regulatory compliant dispute its 15th anniversary year, with a record number of
case management." Beyond providing dispute services, members, sponsors and programming. Its 2021 annual
APS also offers solutions for detection, prevention and report, a four-page infographic, highlights the organiza-
management of fraud; secure, cloud-based document tion’s commitment to creating a stronger, more diverse
management; identification and address verification industry by empowering and investing in women.
services; and analytic reporting tools. More than 4,200 members from more than 175 industry
companies now support Wnet’s mission—an incredible
NPS launches Worldwide Digital Payments
growth from the less than 100 women who began the
Commerce enablement provider Nationwide Payments organization under the leadership of its founders: Diane
Systems launched Worldwide Digital Payments, a pro- Faro, Linda Perry and Holli Targan, Wnet stated.
cessing platform designed to power secure, compliant
payments to help businesses involved in cryptocur- RESEARCH
rency and related businesses accept credit cards and not
limit their sales to using cryptocurrency tokens. Allen Survey finds 51 percent of
Kopelman, CEO and co-founder at NPS, stated these
businesses need access to credit card processing, and SMBs have no cybersecurity
Worldwide Digital Payments empowers digital market- Digital.com, which reviews small business tools, prod-
place and e-commerce merchants with a global process- ucts and services, published findings from a survey of
ing engine, all-in-one gateway and single sign-in to one 1,250 SMB owners that examined their cybersecurity
comprehensive merchant account. concerns. According to the study, 51 percent of SMBs
do not have protection against cyber-attacks, 21 percent
of respondents said they are in the process of develop-
ing cybersecurity measures, and 30 percent have no
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