News
IPBS and Sequrest partner to enhance cyber security for private banks and wealth managers
November 2017 by Marc Jacob
International Private Banking Systems announced a partnership with cyber security specialist Sequrest. This will see Sequrest as the exclusive provider of end to end cyber security frameworks to the IPBS customer base of private banks, wealth managers and trusts etc. The agreement covers the Caribbean region and other offshore markets that IPBS serves.
Sequrest offers a range of cyber security solutions including the latest facial recognition and biometric technology, encrypted communications and cyber intelligence. As a product and technology agnostic service provider, Sequrest is able to offer the optimum cyber security solution taking into account each institution’s specific challenges. Bespoke advisory protection is then available on an on-going basis according to the organisational requirements and risk profile.
Those companies that don’t invest or maintain adequate defences are putting their customers at risk. To avoid becoming the next victim, institutions need to carry out an immediate threat assessment to determine any weaknesses. Fortunately, given today’s technology every institution can implement effective controls such as multi factor authentication which are a strong defence against hacking and unauthorised access.
