Synalogik appointed to the third annual CyberTech100 list for helping financial institutions combat the latest cyber threats
We’re thrilled to announce that we have been recognised within the 2022 CyberTech100; as awarded by specialist research firm FinTech Global. The prestigious list recognises the world’s most innovative solution providers, helping financial services firms fight off cyber-attacks, protect customer information and mitigate digital risks.
The Cyber-Tech industry for financial services has grown dramatically over the last couple of years as operations are increasingly moving to the cloud and organisations expand their spending on securing their digital infrastructure. With an average cost of $5.72M per data breach, the majority of financial institutions are projected to increase their security budgets even further.
As a result, this year’s process to identify the leading 100 companies in the global Cyber-Tech space was more competitive than ever. A panel of analysts and industry experts voted from a list of over 1,000 businesses. The finalists were awarded a place on the list for their innovative use of technology to solve a significant industry problem, or to generate cost savings or efficiency improvements across the security value chain.
“We are honoured to be included on the global CyberTech100 list,” said Gareth Mussell, CEO and Co-Founder of Synalogik Innovative Solutions. “Our technology helps public and private organisations automate and risk assess the information they need, concerning the risks they face. The Synalogik Scout® platform has been recognised this year, including winning the Queen’s Award for Innovation 2022, because of its unique ability to integrate & analyse data from internal, external and open-source data concurrently. Whether its vetting your team or assessing threats linked to emails, IP addresses, people or companies, Scout® will help you find the needle in haystack..”
“Financial institutions are 300 times more likely to be the target of a cyber-attack compared to other companies. As such, security executives in financial services must stay on top of the latest innovation and threats in the market to proactively prevent data breaches and avoid reputational damage,” said Richard Sachar, Director at FinTech Global. “The CyberTech100 list helps them do just that by identifying the top new technologies which can be part of an integrated cybersecurity risk management strategy.”
Full list of the CyberTech100 and detailed information about each company is available to download at www.CyberTech100.com.
