RANCOCAS, N.J., May 4, 2017 /PRNewswire/ -- SQN Banking Systems, a leading provider of integrated fraud detection products for the financial industry, announced today a strategic partnership with Q6 Cyber, an innovative cyber threat intelligence company that is changing the traditional cybersecurity paradigm with a proactive and dynamic approach. As a result of the partnership, SQN's clients now have access to a multi-layered, proactive security solution for assessing and resolving cyber threats and data breaches before they turn into costly, invasive attacks.
SQN's partnership with Q6 Cyber will provide its clients with customized services designed and monitored by security analysts, engineers, and ethical hackers with deep expertise in military, intelligence and corporate cybersecurity operations. SQN clients utilizing the Q6 services will receive early detection of their specific exposure to infrastructure attacks and data theft such as compromised customer accounts and employee records on a regular basis.
"As threats to financial institutions evolve, we are working together to root out these threats ahead of the actual events," said Joe Uhland, president of SQN. "The experts at Q6 have in-depth knowledge and positioning, and a keen ability to recognize cyber threats by identifying data at high risk for abuse. This is exactly the kind of innovative, value-added service that SQN is committed to providing to its clients."
SQN Banking Systems delivers innovative payment fraud detection solutions that serve a range of financial institutions from large, to mid-tier, and community banks making them more competitive and more profitable. Its service team offers on-premise applications and hosted solutions for fraud protection and signature verification. The partnership with Q6 Cyber opens up innovative pathways for SQN clients to remain competitive and profitable, while ensuring its propriety information and valuable resources are protected.
"We closely monitor countless public and restricted data sources, including the DarkNet, DeepWeb, hacker forums, and social media to collect timely and actionable threat intelligence," said Q6 Cyber president Eli Dominitz. "For banks and other large enterprises, it's vital to be proactive in detecting the possibility of an information security breach, discovering who is behind the attack, and acting quickly to minimize damage and recover compromised data."
SQN Banking Systems fraud detection software products are a critical step towards overcoming the growing problem of fraud across the various payment channels, such as check fraud, credit card fraud, debit card fraud, ATM fraud, ACH fraud, wire fraud, and mobile fraud. Using sophisticated transaction analysis algorithms and real-time check fraud detection solutions, SQN helps financial institutions with hosted solutions as well as on-premise applications avoid fraud. For more information visit http://www.sqnbankingsystems.com/.
About Q6 Cyber
Q6 Cyber deploys proactive, comprehensive, and intelligence-enabled solutions that transform the way organizations defend against information security threats. Q6 Cyber solutions are designed and delivered by professionals with deep defensive and offensive cybersecurity expertise attained over many years in military, intelligence, and corporate cybersecurity operations. For more information visit http://www.q6cyber.com/.
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SOURCE SQN Banking Systems