(PRNewsWire) Quantum Xchange, a leader in crypto-agile, quantum-safe products and services, today announced it has been named to the CyberTech 100 list. The annual list is part of a series of studies produced by the data and research firm, FinTech Global, that helps executives in financial services sort through the noise to locate technology vendors that are most likely to have a lasting impact on the industry.
NOTE: Quantum Xchange’s CEO & President John Prisco spoke June 2 at IQT NYC ONLINE on the panel with Dr. Whitfield Diffie “Betting on Crypto Agility and Defense-in-Depth Countermeasures to the Quantum Threat”. Quantum Xchange also an Exhibitor in the Virtual Exhibit Hall at the event.
Financial services firms are increasingly moving towards digital operations and expanding their security budgets year over year. FinTech Global data shows investment in cyber technologies by financial institutions has grown 14x since 2014 to reach $3.4bn last year. Given the rise in appetite for the sector, the CyberTech100 was produced to identify the 100 innovative companies that every financial institution needs to know about when they consider and develop their information security and financial crime fighting strategies.
The standout companies were chosen by a panel of industry experts and analysts who reviewed more than 1,000 technology companies. The solution providers making the final list were recognized for their innovative use of technology to solve a significant industry problem or ability to generate cost savings, or efficiency improvements, across the security value chain.
“Established financial institutions need to be aware of the latest security technology in the market to protect their organizations from data leaks and cyber-attacks,” said Richard Sachar, Director at FinTech Global. “The CyberTech100 list helps senior management filter through all the vendors in the market by highlighting the leading companies in sectors such as Threat Management, Data Governance, Cloud Security, Employee Risk and Fraud Prevention.
A full list of the CyberTech100 can be found at http://www.CyberTech100.com.