Linedata, a global provider of asset management and credit technology data and services, has partnered with Conduit Security, to provide clients with enhanced protection against existing, emerging, and evolving cyber threats.
According to a press release, incorporating Conduit’s advanced detection technology into Linedata’s Protect offering will allow investment management clients to “benefit from a comprehensive solution that addresses not only existing cybersecurity threats, but also emerging and evolving threats such as wire fraud and deep fakes”.
Anup Kumar, Head of Global Services at Linedata, said: “This collaboration with Conduit underscores our commitment to providing comprehensive cyber solutions for our investment clients by addressing wire fraud and other emerging threats in a way that is tailored to the intricacies of the financial industry.”
Ryan Castle, Chief Executive Officer at Conduit Security, added: “Our partnership is a significant step in addressing the complex challenges that investment firms face as it relates to wire fraud threats. By combining our expertise in identifying and preventing wire fraud with Linedata’s investment industry leadership, we’re excited to deliver a holistic solution that will safeguard investment firms.”
Linedata’s cybersecurity services encompass Linedata Protect Managed Detection, Response, and Remediation, along with policy development, training, vulnerability assessment and testing, third-party risk management and CISO-as-a-Service. Linedata Protect and Linedata Protect Premium are offered on a consumption-based model with no minimums.
