Corporate news

Radware’s Global Application And Network Security Report Indicates Average Cost Of Cyberattack Exceeds $1.67M

Radware, a provider of cybersecurity and application delivery solutions, announced it has released its 2018-2019 Global Application and Network Security Report, in which survey respondents estimate the average cost of a cyberattack has climbed to $1.1M. For those organizations that calculate (versus estimate) the cost of an attack, that number increases to $1.67M. Cyberattack Impact The top impact of cyberattacks, as reported by respondents, is operational/productivity loss (54%), followed by...

Data Management Launches With A New Name ‘THRESHOLD’ In The Security Industry

Data Management, Inc., owner of Visitor Pass Solutions, launches with a new name and confirmed focus, further planting their flag in the security industry. The company will now go by the name ‘THRESHOLD,’ a term evocative of their expertise in visitor management systems. With the new tagline, ‘the gateway to stronger security,’ the company emphasises its function as the first line of defense for their clients, as they manage the traffic entering and leaving their clients...

Johnson Controls Enters Into An Agreement To Test And Deploy Energy Analysis Tool In Buildings

Johnson Controls has entered into an agreement with CBRE, World Resources Institute (WRI) and Lawrence Berkeley National Laboratory (Berkeley Lab) to test and deploy an open-source, web-based energy analysis tool to identify energy efficient retrofit opportunities in commercial buildings. The initiative is part of the Johnson Controls and CBRE Innovation Lab, which was established three years ago to evaluate, connect and leverage products, services and energy data to create value for occupiers...

Senstar Appoints Kristen Cory As Vice President Of Sales For North America

Senstar, a global provider of perimeter intrusion detection systems (PIDS) and video management systems (VMS), is pleased to introduce Kristen Cory as its new Vice President, Sales, North America. Effective January 1, Mrs. Cory has assumed direct responsibility for Senstar’s North American sales organization. “I am excited to join Senstar and I am looking forward to working with the US and Canadian teams to grow the Senstar brand,” said Mrs. Cory. “Senstar’s market...

ASSA ABLOY Acquires KEYper Systems, To Become A Business Unit Of Traka

ASSA ABLOY has signed an agreement to acquire KEYper Systems, a supplier of electronic and mechanical key management systems in the US, with a strong presence in the automotive segment. KEYper was established in 1993, and operates from its HQ in Harrisburg, NC.  KEYper Systems will become a separate business unit of Traka, which is a pioneer in key and asset management, and an operating unit of ASSA ABLOY Global Solutions. Ric Stone, President of KEYper will report to Justin Sasse, Managin...

Open Options Appoints Steve Wagner As The New President

Open Options (acquired by ACRE, LLC), the pioneer in open platform access control solutions, has appointed Steve Wagner as the company’s new President. Steve began his career in the industry in 1986 as VP of Sales & Marketing for Checkpoint Systems. He moved on to become the COO with HID Global for 8 years. In 2009, Steve became the President of Mercury Security and successfully grew that business which was eventually sold to HID Global/Assa Abloy. Steve brings a wide breadth of knowl...

Suprema Enters A Commercial Software License And Distribution Agreement With Qualcomm Technologies

Suprema, a global leader in biometrics and ID solutions, announces that the company has entered into a commercial software license and distribution agreement with Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, for the licensing of Suprema's BioSign, its under-display fingerprint recognition algorithm. Suprema has entered the smartphone segment with the Samsung Galaxy J5 in its fingerprint solution for smartphones last year. In February 2018, the company launched BioSign 3.0...

PSA Partners With Solutions360, Inc. To Provide Business Management Software For System Integrators In The Security Industry

PSA has announced a partnership with Solutions360, Inc., global provider of business management software for professional systems integrators in the security and audio-visual markets, as a part of the PSA Business Solutions Providers program. PSA members will be able to streamline their business procedures and workflow through the Q360 software, which includes full accounting, project management, job costing, service and dispatch, inventory and sales functions. PSA Business Solutions Program &...

OPTEX Partners With Visual-Verification Technology From CHeKT To Enhance The Protection Capabilities Of Security Integrators

CHeKT announces a partnership with OPTEX, the supplier of outdoor sensors for intrusion security. CHeKT delivers a visual-monitoring platform for alarm monitoring centers. This partnership with Optex will significantly advance the protection capabilities of security integrators globally. The solution relies on ‘The CHeKT Bridge’, the first product brought to market by CHeKT. With years of development, the CHeKT Bridge premiered in April 2018 at the ISC West trade show. The vision of...

Industry Experts Unveil AI And Machine Learning Security Practices Firm, OODA LLC

OODA LLC will provide comprehensive consulting and advisory services including a highly specialized Artificial Intelligence (AI) and Machine Learning security practice. "We'll be addressing not only traditional security and technology issues, but also looking at the vulnerability and integrity of emerging technologies like Artificial Intelligence," added Gourley. AI Security Practices  In addition to the AI security practice, OODA will offer comprehensive assessments using their EVALU8 m...

Security Workforce Management Firm, TrackTik Announces Financing From Top Investment Firms Worth US$ 45 Million

With the need for security guard services growing worldwide, Montreal-based tech startup TrackTik Software Inc., an integrated security workforce management cloud-based software solutions provider, has announced US$ 45 million in financing from Toronto-based Georgian Partners and Montreal-based Caisse de dépôt et placement du Québec (la Caisse). Disruptive AI And Machine Learning Funds will be used to drive new product development — including disruptive artificial...

Trillium Appoints Mahbubul Alam As Chief Marketing Officer And Senior VP Of Global Engineering

Trillium Secure, Inc. has appointed Mahbubul Alam as Chief Marketing Officer and Senior Vice President of Global Engineering. This move further deepensTrillium's experienced management team while the company launches an end-to-end trusted and secured data services platform for vehicles. Alam's expertise in platform as a service offerings and over-the-air update technology for connected vehicles is a perfect fit for driving Trillium's recently launched Trusted Mobility Platform and Services. Cr...