SEATTLE, Wash., Nov. 20, 2015 (GLOBE NEWSWIRE) -- via PRWEB - Recognized as one of the 10 Most Promising Cloud Banking Solution Providers of 2015, Praesidio is riding a wave of recent success; including new customer acquisitions and the selection of CTO Sean Cassidy to present his findings on password manager vulnerabilities at HushCon 2015, an invitation-only security and hacking conference.
As one of ten firms receiving the Banking CIO Outlook award, Praesidio was selected by a distinguished panel of CEOs, CIOs, VCs, and industry analysts who looked at each vendor's capability to provide cost-effective and flexible cloud solutions that add value to banking technology. "Praesidio has been making great strides in the cloud banking space. Their extensive experience and innovative solutions make them a frontrunner in this arena and we are happy to showcase them this year," said James Robertson, Managing Editor, Banking CIO Outlook. "Praesidio's solutions continue to break new ground, benefiting financial institutions around the globe. We are excited to feature them in our cloud banking special."
With US businesses under constant attack, financial firms need a new approach to cybersecurity in order to protect their data. Praesidio is a big data Cybersecurity Management (CsM) solution that sees across an entire network, to identify breaks in policy, monitor trends, and help the C-suite know definitively their assets and customers are secure.
Edgardo Nazario, Praesidio Founder and CEO said, "The recognition is a source of pride for us and shows that the solution our team has built is on the right track. Solving the real-world problems of cyberattacks in the Financial Industry is the mission on which we were founded. It's great to see the engineering team be recognized for their work."
Continuing their recent run of accomplishments, Praesidio's CTO, Sean Cassidy, was selected to speak at the upcoming HushCon 2015 Seattle conference. As the name implies, HushCon is an exclusive security and hacking conference held in Seattle and New York each year. The event is an invite-only affair and brings together a group of talented individuals to discuss a variety of important topics.
About Praesidio: Praesidio is a big data Cybersecurity Management (CsM) company that was formed by bankers and security experts to solve the critical, real-world problems of breach detection, remediation, and governance insight that Financial Institutions (FI) are grappling with today. Praesidio bridges the gap between Governance and IT by linking cybersecurity policies with the millions of system events where threats hide. It aggregates data across all cybersecurity tools to provide real-time management reporting that proves to your security team, board, auditors and regulators that your FI is actively managing and enforcing its policies. Praesidio's integrated policies and best practices help FIs know definitively that they are safe.
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