EL SEGUNDO, Calif., Nov. 23, 2016 /PRNewswire/ -- NC4, the leading supplier of cyber threat sharing solutions, has acquired Soltra – the provider of cyber threat intelligence (CTI) platform, Soltra Edge. With this acquisition NC4 will expand its cyber threat sharing solutions through automation for both individual companies as well as critical infrastructure sectors such as the financial services industry.
NC4 acquired Soltra from its owner-founders, the Financial Services Information Sharing and Analysis Center (FS-ISAC) and The Depository Trust & Clearing Corporation (DTCC), two preeminent organizations in the financial services industry. The FS-ISAC is the global financial industry's go to resource for cyber and physical threat intelligence analysis and sharing, and DTCC is the premier post-trade market infrastructure for the global financial services industry.
NC4 is committed to creating and enhancing solutions that advance the defense against cyber threats. NC4 will be providing support services, financial support, planning and direction for Soltra's future, with input from the member community and the FS-ISAC. NC4 is focused on customer satisfaction and will actively work with Soltra customers to continue and expand on their service experience.
"Cyber threats to critical infrastructure communities, including financial services, are rapidly increasing. The acquisition of Soltra will help NC4 provide a broader array of solutions to defend financial services and other industries from cyber-attacks through automated threat sharing," said NC4 founder, Aubrey Chernick.
New Version of Soltra Edge
At the FS-ISAC Fall Summit held in October in Nashville, Soltra announced that there would be an advanced version of Soltra Edge called Edge 2.9 which would be fee based and available later in 2016 with a 90-day trial.
NC4 is excited to bring the new Edge 2.9 solution to the market and will provide an update regarding Edge 2.9 availability by mid-December.
NC4 will be discussing their strategies and plans throughout the first half of 2017. In January 2017, NC4 will provide updates on the strategy and direction of automated cyber programs and solutions. There will also be further updates by NC4 at the FS-ISAC Annual Summit held in the spring of 2017.
"The groundbreaking work in Soltra based automation was only made possible because of the leadership and support from DTCC and FS-ISAC. We look forward to continuing the great solutions that Soltra has provided to enable automated cyber information sharing within trusted communities," said Jim Montagnino, NC4 CEO and President.
"NC4 has worked with the FS-ISAC for over a decade by providing information sharing solutions for both cyber threats through their CTX (Cyber Threat Exchange) system as well as for physical threats through their Risk Center solution. We now look forward to having NC4 provide cyber threat sharing for the financial services industry through automation," said Bill Nelson, President and CEO of FS-ISAC.
Soltra-based solutions will continue to be used to automate threat intelligence sharing among FS-ISAC members.
NC4 delivers safety and security solutions for both business and government organizations. We revolutionize how organizations and communities collect, manage, share and disseminate information to reduce cyber threats, fight crime, mitigate risks, and manage incidents. NC4 also provides secure communication and collaborating solutions for public and private sector communities.
NC4 solutions are used by private sector companies involved in financial services, high-tech, insurance, manufacturing, aerospace and defense, oil and gas, pharmaceuticals and healthcare, as well as other industries. In the public sector, NC4 solutions are used by federal, state and local agencies in homeland security, emergency management and law enforcement disciplines.
NC4 takes a comprehensive and integrated approach to safety and security by providing: cyber threat exchanges that drive the development of a sharing culture and circles of trust; global security and travel intelligence, analysis, traveler tracking, and relevant real time threat alerting to mitigate enterprise risks and a common operating picture for fighting crime and managing emergencies.
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The Financial Services Information Sharing and Analysis Center (FS-ISAC) is a non-profit corporation that was established in 1999 and is funded by its member firms. The FS-ISAC is a member-driven organization whose mission is to help assure the resilience and continuity of the global financial services infrastructure and individual firms against acts that could significantly impact the sector's ability to provide services critical to the orderly function of the global economy. The FS-ISAC shares threat and vulnerability information, conducts coordinated contingency planning exercises, manages rapid response communications for both cyber and physical events, conducts education and training programs, and fosters collaborations with and among other key sectors and government agencies. Learn more at www.fsisac.com.
With over 40 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From operating facilities, data centers and offices in 16 countries, DTCC, through its subsidiaries, automates, centralizes and standardizes the post-trade processing of financial transactions, mitigating risk, increasing transparency and driving efficiency for thousands of broker/dealers, custodian banks and asset managers worldwide. Industry owned and governed, the firm simplifies the complexities of clearing, settlement, asset servicing, data management and information services across asset classes, bringing increased security and soundness to the financial markets. In 2015, DTCC's subsidiaries processed securities transactions valued at more than US$1.5 quadrillion. Its depository provides custody and asset servicing for securities issues from over 130 countries and territories valued at US$45.4 trillion. DTCC's global trade repository maintains approximately 40 million open OTC positions and processes roughly 280 million messages a week. To learn more, connect with us on LinkedIn, Twitter, YouTube and Facebook.