Assac Networks announced the launch of FinTech Secured Messaging, a cybersecurity solution aimed at financial trade companies.
Originally designed to meet the security needs of the defense industry, ShieldiT has evolved into a comprehensive platform, now compliant with US SEC regulations for traceable financial communications. ShieldiT, successfully implemented at hundreds of customers worldwide, provides anti-phishing protection against both hacking and tapping attacks targeting mobile devices.
“Financial institutions confront a dual challenge: brokers need to operate within dedicated encrypted systems while simultaneously preventing mobile cyber threats,” says Shimon Zigdon, CEO of Assac Networks, in a statement. “Our new ShieldiT Broker Secured Messaging app, fortified with advanced security measures, precisely addresses these concerns.”
ShieldiT mitigates both anti-hacking (monitoring conversations by a third party) and anti-tapping (Targeted Attack Protection), safeguarding against ransomware and advanced threats. Assac Networks’ ShieldiT offers complete protection for Bring Your Own Device (BYOD) smartphones, filling the existing gap in available solutions.
In early 2024, Assac Networks will be initiating trials with US financial trading companies, and candidates are already applying for trials, underscoring the urgency of securing a traceable solution that meets all relevant regulations.