SD Elements automates significant portions of security, risk and compliance processes as financial services firms move towards digital operations
TORONTO — BUSINESS WIRE
Security Compass, a software security company that provides organizations technology to balance secure software development with speed to market, was recently named in the annual CyberTech100 list. Developed by FinTech Global, the 2020 program reviewed a study of over 1,000 companies to identify the top 100 most innovative CyberTech companies that every financial institution needs to know about when developing their information security and cyber resilience strategies.
“Security Compass is a trusted advisor to many of the world’s largest financial organizations and leading global brands that seek our deep technical experience and flexible platform for practical guidance to help protect their most valuable assets”
The future of business relies on digital operations, but the software deployed to support this transformation must be secure and protect privacy. Security Compass’ primary solution, SD Elements, enables organizations to automate significant portions of manual security, risk, and compliance processes in software development. This includes the ability to anticipate and eliminate potential threats and known vulnerabilities at the very beginning of the software development life cycle (SDLC) – before expensive coding begins. SD Elements offers a holistic and comprehensive approach to application security and compliance for DevOps environments, allowing organizations to achieve a more balanced development approach – fast, yet also safe.
“Security Compass is a trusted advisor to many of the world’s largest financial organizations and leading global brands that seek our deep technical experience and flexible platform for practical guidance to help protect their most valuable assets,” says Rohit Sethi, CEO of Security Compass. “We believe in collaborating with organizations to help them improve their security posture by becoming an extension of their own teams. Security Compass is grateful for this recognition, and we look forward to continue our support to organizations by maximizing cost savings, proactively protecting software systems and allowing organizations to scale their business.”
SD Elements not only helps teams build security into their applications and manage security requirements across the SDLC, but it also creates an auditable record of all activities. Data protection and information security standards like GDPR and PCI DSS require companies to not only protect consumer data, but also be able to prove compliance to regulatory bodies. SD Elements makes this, and corporate accountability, easy. If a company is hit with a data breach, CIOs and CISOs can prove that the company was following proper application security policies.
The CyberTech 100 list aims to help senior executives and cybersecurity professionals evaluate which technology solutions have market potential and are most likely to succeed and have a lasting impact on the industry. A range of factors were considered by the judging panel to make the final selection, including industry significance of the problem being solved and innovation of the technology being offered, growth in terms of capital raised, revenue and customer traction, as well as potential cost savings or efficiency improvements for organizations.
In addition to SD Elements, Security Compass’ strategic advisory services, modular role-based e-learning and leading expertise in cloud security empower organizations to embrace DevSecOps. For more information about Security Compass, please visit https://www.securitycompass.com/.