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ArmorText Triples European Growth and Gains Market Share in Critical Infrastructure Industries

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Artificial Intelligence and the rapidly evolving threat landscape have increased awareness around the need for secure, enterprise out of band communications 

MCLEAN, Va., Feb. 23, 2024 /PRNewswire/ — ArmorText, which safeguards communication for organizations worldwide, closed out 2023 growing 300% in Europe, adding two new product lines, and expanding into six new critical infrastructure industries including banking, financial services, telecom, and healthcare.

The introduction of DORA and NIS-2 has made it imperative for European organizations to address cybersecurity preparedness and Incident Response programs. To respond to the pressing needs around secure, enterprise out of band communication in the region, ArmorText launched its European business line, seeing a 1.5X increase in inbound leads and tripling its customer base in the region.  

ArmorText lies at the intersection of two rapidly evolving trends:

Today’s hackers don’t bother with classic encrypt and extort ransomware, instead opting for a much more sophisticated approach of infiltrating organization’s most critical communications channels to locate sensitive information with which to extort and disrupt recovery efforts. “Humans are the weakest link in any cyber security strategy,” says Matt Calligan, Director of Growth Markets at ArmorText, “and enterprise communications tools are guaranteed to have humans in them.”Increasing regulations and guidance from NYDFS, SEC, CFTC, TSA, DOJ, and NERC in the US and new European regulations DORA and NIS-2 make it clear that organizations are expected to meet business records retention requirements, regardless of the circumstances or technologies used.

This creates the perfect storm during a cyber attack where organizations can’t trust their day-to-day enterprise communications tool, but also can’t use a consumer app like Signal or WhatsApp because they don’t meet regulatory requirements, including the ability to retain business records.

To make matters worse, AI-enabled threat actors can now better spoof their victims, including generating written, voice, and video communications in real-time of real-life persons that are virtually indistinguishable from the real McCoy, enabling novel attacks for which most organizations are severely underprepared. Trusted communications channels that are more resilient against such attacks are a necessity for incident response today.

“We are seeing traditional communication channels like Microsoft Teams, Slack, and Zoom consistently being exploited during cyberattacks,” said Navroop Mitter, CEO, ArmorText. “Using these channels severely impacts an organization’s ability to keep sensitive information away from attackers leading up to an attack and to effectively respond should one occur. What is needed is a truly secure out of band collaboration (SOOB-C) solution that keeps sensitive information away from attackers – before, during, and after an attack – with centralized enterprise controls crucial for regulatory, statutory, and legal compliance.”

ArmorText’s suite of products fills a gap in the market as the only 100% cloud-based, secure, enterprise out of band communication offering. In the United States, 80% of households already get their power from a utility company running ArmorText and 87% of American nuclear reactors are run by an ArmorText energy provider.

Significant Growth in Critical Infrastructure Industries 

Already a trusted partner for organizations in utilities, manufacturing, defense industrial base, government, and other critical sectors, ArmorText has expanded into new industries over the last 18 months. ArmorText has experienced a 33% increase in Fortune 500 customers and a dramatic uptick in financial services and banking industries – which now make up 25% of ArmorText’s revenue – up from 5% just over a year ago. 

Last year ArmorText added additional clients in new industries including central banking, tier 1 telecommunications providers, global providers of stock market indices and independent credit ratings, and large travel center gas station operations in the US.

In addition to Europe, ArmorText was 1 of 14 companies selected by the Government of Canada as a Preferred Vendor Under the Federal Government’s Cybersecurity Procurement Vehicle. This will allow ArmorText to serve a broad spectrum of Canadian government organizations and agencies.

Expansion in Product Offerings

Expanding globally isn’t the only area of growth; this year, ArmorText added two innovative product lines to further meet the out of band needs of their clients, both of which are already profitable: 

The Secure Gateway enables end-to-end encrypted integrations for critical data feeds, addressing the plain text vulnerabilities in traditional integrations for platforms like Teams or Slack.Crisis Response Reserve Capacity enables rapid, out of band distribution of onboarding credentials and signup instructions to extended teams for rapid onboarding during a crisis. This is an industry-first, pay for what you use license model that delivers substantial savings for ArmorText Clients needing the option to quickly scale their out of band communications during a crisis to larger portions of their organization.

“By replacing Slack and Microsoft Teams for the major threat-sharing groups, ArmorText became a household name in the electricity industry by first proving that more trustworthy tech encourages more active sharing, leading to more valuable and thriving intel communities,” continued Calligan. “This led to electricity companies expanding their use of ArmorText into other out of band use cases, like incident response. It’s exciting to now see other industries coming to us first for incident response then realizing they can also use ArmorText for threat sharing, critical alert management, traveling executives, internal investigations – even day-to-day SOC chatter. It’s a sign that the entire secure out of band communications market is maturing and that we’re continuing to advance that edge forward through innovation.”

“ArmorText has become a cornerstone of our incident response offering. It has empowered us to guarantee our clients robust, secure communications, regardless of the threat landscape. With the addition of the Crisis Response Reserve Capacity, we now can instantly scale secure communications during a crisis, ensuring business continuity and operational resilience for our clients and our own teams.” – a leading Fortune 500 global technology services provider

Additional Resources:

Cyber Resilience: Incident Response Tabletop Exercises 2023Self Assessment: Out of Band PreparednessAddressing Signal and WhatsApp Shortcomings for Enterprise

About ArmorText

ArmorText, a leading provider of Secure Out of Band Collaboration™ solutions, protects sensitive communications for critical infrastructure entities worldwide. ArmorText’s groundbreaking offerings, including Crisis Response Reserve Capacity, deliver enhanced security and crisis response capabilities, helping organizations maintain compliance, protect their networks, and ensure business continuity.

Learn more at https://armortext.com/, and follow us at LinkedIn.

Contacts

Press Contact:
Jessie Adams-Shore
ArmorText
press@armortext.com

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SOURCE ArmorText

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Siemon Announces Optical Patching Solutions for GenAI Networks Using NVIDIA Accelerated Computing

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Siemon announces it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks.

WATERTOWN, Conn., Sept. 22, 2024 /PRNewswire-PRWeb/ — The Siemon Company, a global leader in network infrastructure solutions, today announced it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks. Large complex GPU clusters can benefit from using structured cabling patch panels versus point-to-point cabling. Siemon acts as a trusted advisor to customers by providing expert advice and best practice recommendations for design & deployment of NVIDIA AI Infrastructure.

“Siemon is very familiar with NVIDIA reference architectures and has worked with many customers to design and deploy NVIDIA clusters… Siemon offers a full range of AI-ready fiber cabling, DAC, and AOC solutions that support 400G, 800G, and 1.6T applications.”

As part of the solution integration, Siemon has joined the NVIDIA Partner Network (NPN) as a Solution Advisor Consultant. NPN Solution Advisor Consultants provide consultation services and expert advice to customers looking to implement NVIDIA-based solutions or technologies. Siemon joins the network to offer its expertise in addressing the unique infrastructure and cabling challenges presented by accelerated computing.

NVIDIA optical reach specifications are calculated assuming two optical patch panels are used in the link and assuming each employ two optical connectors, which makes for a total allowance of four optical connectors in the link. The Siemon optical patching solutions meet NVIDIA requirements and provide customers with flexibility and ease of management.

Media Contact

Brian Baum, Siemon, 1 8609454200, brian_baum@siemon.com

View original content:https://www.prweb.com/releases/siemon-announces-optical-patching-solutions-for-genai-networks-using-nvidia-accelerated-computing-302254640.html

SOURCE Siemon

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AMSimpkins & Associates Awarded Wisconsin Technical Purchasing Consortium Contract RFB 25-002TP – for Identity Verification Solutions

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AMSimpkins & Associates has been awarded the Wisconsin Technical Colleges Purchasing Consortium (WTC-PC) contract for Identity Verification Solutions. This partnership includes providing their advanced S.A.F.E. (Student Application Fraudulent Examination) platform to 16 Wisconsin technical colleges, enhancing security and safeguarding against fraudulent student applications. With a focus on higher education, AMSA aims to support these institutions in maintaining the integrity of their admissions processes and preventing identity fraud. This collaboration underscores AMSA’s commitment to delivering innovative solutions tailored for the education sector.

ATLANTA, Sept. 22, 2024 /PRNewswire-PRWeb/ — AMSimpkins & Associates is proud to announce its selection by the Wisconsin Technical College System Purchasing Consortium (WTC-PC) to provide Identity Verification Solutions through the S.A.F.E. platform. The WTC-PC comprises 16 independent, publicly funded two-year technical colleges across Wisconsin, including Blackhawk Technical College, Chippewa Valley Technical College, Fox Valley Technical College, and Milwaukee Area Technical College, among others.

“We are honored by the Wisconsin Technical College Consortium’s trust in AMSA. This partnership further emphasizes our commitment to providing secure, innovative identity verification solutions that support the needs of educational institutions in protecting their students and operations.”

With a focus on preventing identity fraud, AMSimpkins & Associates’ comprehensive solutions will strengthen the security measures across admissions, enrollment, and financial aid processes, ensuring secure verification and compliance with federal and state regulations. S.A.F.E. will now support Wisconsin’s higher education system, offering its cutting-edge technology to streamline operations and safeguard student data.

“We are honored by the Wisconsin Technical College Consortium’s trust in AMSimpkins & Associates,” said Maurice Simpkins, President and Founder. “This partnership further emphasizes our commitment to providing secure, innovative identity verification solutions that support the needs of educational institutions in protecting their students and operations.”

As part of this agreement, AMSimpkins & Associates will deliver comprehensive services, including system integration, training, and ongoing support to ensure seamless implementation. S.A.F.E.’s capabilities are designed to evolve with growing threats of fraudulent activities, keeping institutions one step ahead in securing student identities.

Institutions in the Wisconsin Technical College System:

Blackhawk Technical CollegeChippewa Valley Technical CollegeFox Valley Technical CollegeGateway Technical CollegeLakeshore Technical CollegeMadison Area Technical CollegeMid-State Technical CollegeMilwaukee Area Technical CollegeMoraine Park Technical CollegeNicolet Area Technical CollegeNorthcentral Technical CollegeNortheast Wisconsin Technical CollegeNorthwood Technical CollegeSouthwest Wisconsin Technical CollegeWaukesha County Technical CollegeWestern Technical College

The S.A.F.E. platform’s advanced identity verification services will play a pivotal role in securing sensitive data and ensuring a safe and fraud-free environment for Wisconsin’s technical colleges and their students.

For more information about AMSimpkins & Associates and the S.A.F.E. platform, please visit amsa-highered.com.

Media Contact

LAQWACIA SIMPKINS, AMSimpkins & Associates, 1 6786824193, LSIMPKINS@AMSA-CONSULTING.COM, amsa-highered.com

Twitter, Facebook, LinkedIn

View original content:https://www.prweb.com/releases/amsimpkins–associates-awarded-wisconsin-technical-purchasing-consortium-contract-rfb-25-002tp—for-identity-verification-solutions-302253867.html

SOURCE AMSimpkins & Associates

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Shijingshan: Committed to High-Level Openness

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BEIJING, Sept. 22, 2024 /PRNewswire/ — Following the third plenary session of the 20th Central Committee of the Communist Party of China, China successfully hosted its first national-level international large-scale fair—the China International Fair for Trade in Services (CIFTIS) 2024, which concluded on September 16. The event featured exhibitors from 85 countries and international organizations, participating under their national governments or headquarters, with over 450 Fortune Global 500 companies and industry leaders showcasing their offerings both online and offline.

Adhering to the open, cooperative and mutually beneficial principle, the CIFTIS injects new momentum into global economic development through concrete actions. As one of the “dual venues” for the fair, Shijingshan District hosted a variety of business activities, including exhibitions, negotiations, and conferences. While providing meeting organization services, it showcased the achievements of Shijingshan in fostering openness and development. By leveraging the Fair’s platform, Shijingshan seeks to promote its developmental advantages globally and aims to attract more partners to this welcoming district for mutually beneficial and win-win cooperation.

Presenting Achievements in Open Cooperation and Development in Multiple Dimensions

This CIFTIS’s Shougang Park venue is composed of nine thematic exhibitions, including telecommunications, computer and information services; financial services; culture & tourism services; education services; sports services; supply chain & business services; engineering consulting & construction services; health services; and environmental services. It circles around cultivating new quality productive forces while showcasing the latest achievements, technologies, and applications in the digitalization, intelligentization, and greening of services trade, creating a “debut stage” for global services trade.

Shijingshan leverages its strengths by organizing five thematic exhibitions and four promotional booths on-site. The culture & tourism services exhibition promoted Shijingshan’s rich culture and tourism resources, while also building a support area for paired assistance to highlight its revitalization efforts to a global audience. The financial services exhibition showcased its achievements in economic development across five sectors, that is, sci-tech finance, green finance, inclusive finance, pension finance, and digital finance. The exhibition of telecommunications, computer and information services highlighted the growth of Shijingshan’s the artificial intelligence large model industry cluster and key humanoid robot enterprises. In addition, the primary and secondary school science education experimental zone invited participation from six national-level science education centers, including Shijingshan District, to display their accomplishments. Four schools, including the Beijing National Day School Shijingshan, showcased their scientific research and learning outcomes through visual presentations and videos, while also engaging visitors in interactive science experiments.

The AIES Beijing Open is made up of four competition areas, virtual cycling, virtual rowing, virtual dance, and virtual table tennis. The event welcomed international competitors, domestic professional athletes, high-level amateurs, and university students, while showing the achievements of the “digital + sports” industry. Besides, four promotional booths focused on taxation, justice, investment, and commerce showcases Shijingshan’s tax and judicial policies, offering one-stop policy guidance for participating businesses and visitors. These booths also clarified investment promotion policies, creating a unique event that integrates commerce, tourism, culture, and sports.

Working Together for Global Open Cooperation and Development

The Open Cooperation Forum 2024 was held on the afternoon of September 13. Experts, scholars, government representatives, and business leaders from both domestic and international backgrounds gathered at the Shougang Park to engage in in-depth discussions on promoting high-level open cooperation and supporting regional economic development. Shijingshan District is committed to taking industrial transformation as the strategic foundation for its initiatives, establishing several distinctive industrial parks, including the Intelligent Technology Park, Industrial Internet Park, Virtual Reality Park, Science Fiction Industry Cluster, and Artificial Intelligence Large Model Cluster. What’s more, the district is focusing on new opportunities in future information, future health, future manufacturing, and future space, continually enhancing its innovation capacity, development vitality, economic strength, and overall competitiveness.

It is dedicated to expanding openness as a key driver for integrating into the capital’s new development pattern. The district capitalizes on a range of policy opportunities, including the construction of Beijing’s two zones, effectively leveraging the role of expanding services and deepening economic reforms. It continues to optimize the business environment, actively participates in organizing the CIFTIS, and develops high-standard international cooperation zones to provide a broad platform and efficient services for enterprises to settle and cluster. Shijingshan aims to implement high-level openness to promote high-quality development, enhance mechanisms for foreign openness, innovate and elevate services trade, and align with international economic and trade standards, creating a premier business environment characterized by marketization, rule of law, and internationalization.

Three parallel forums took place during this CIFTIS. With the theme of “Leveraging Overseas Strength for Development • Pursuing Broad Horizons Through Innovation”, the Dream Incubator of Overseas Chinese Beijing Forum set up ten sub-venues abroad, aiming to enhance the involvement of overseas Chinese’s capital and expertise in Beijing’s high-quality development. The Artificial General Intelligence Computility Forum focused on “Releasing New Quality Productive Forces with Unbounded Intelligence and Computational Foundations”, where industry experts and scholars explored new possibilities in artificial general intelligence computility. The Digital Energy Development Forum 2024, themed as “Energizing the Future with Digital Innovation”, showcased a range of quality development achievements and finalized partnerships for several high-quality projects, uniting all parties to advance digital innovation and development.

The rich array of side events is one of the highlights of this CIFTIS. The International Open Cooperation Promotion Conference circled around developing the international open cooperation zone, drawing representatives from international organizations, leading global companies, and prospective businesses seeking to establish a presence in these areas. It centered on the advantages of Shijingshan’s key industries to attract target enterprises. Furthermore, the Roundtable Discussion of Foreign-Funded Enterprises engaged representatives from international organizations, business associations, and foreign-funded companies from countries like Malaysia, Singapore, and France to explore collaboration in aligning with high-standard international economic and trade rules, as well as market access in the service sector, sharing the successes of modernization with Chinese characteristics.

To enhance the consumer experience for attendees of the CIFTIS, Shijingshan has expanded its comprehensive service offerings in areas such as food, accommodation, transportation, tourism, entertainment and shopping. The Second “Here I Am for CIFTIS” Shijingshan Culture and Tourism Carnival has been significantly upgraded, evidenced by the “Divine Beasts Ascend to Immortal Mountain”: Enchanting Night Tour in Shijing Mountain. The “Surprises Await in Shijingshan. Hey There, CIFTIS!” promotional event was held during the 14th Shijingshan Consumption Festival. This included online surprise announcements and a consumption map showcasing quality shopping venues. Special surprise floats were on display, with oversized themed shopping bags distributed. Shopping centers like Joy City, Xirondo Plaza, Modern Plaza, and Chang’an Mills in Shijingshan also launched supporting promotional activities. Business tours in Shijingshan offered three dedicated routes, inviting exhibitors from digital technology, finance and insurance, culture and tourism, and sports related industries to explore relevant industrial parks and attractions for in-depth exchanges.

The China International Fair for Trade in Services 2024 has successfully concluded. Utilizing this platform, Shijingshan has once again showed its high-quality development achievements and favorable business environment to a global audience. We look forward to collaborating with more partners in an open and inclusive manner to create a win-win future.

View original content:https://www.prnewswire.com/news-releases/shijingshan-committed-to-high-level-openness-302254872.html

SOURCE Open Cooperation Forum

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