05 December 2024

Abacus Group and Zero Networks Partner to Boost Network Security Across Financial Services

Written By FinTech Alliance in FinTech

Abacus Group and Zero Networks Partner to Boost Network Security Across Financial Services

Abacus Group, a global managed IT and cybersecurity service provider to the financial services industry, today announced it has partnered with Zero Networks, an innovator in micro-segmentation and zero trust security solutions. The collaboration brings advanced network security capabilities to Abacus Group's clients across the sector, helping firms reduce cyber risks and meet stringent regulatory requirements.

Abacus Group's partnership with Zero Networks delivers a sophisticated yet accessible approach to micro-segmentation, a networking concept traditionally utilized only by large enterprises due to the complexity and high resource demands of legacy solutions in this market. By leveraging the Zero Networks platform, Abacus Group can offer this critical security capability to clients of all sizes in a streamlined and efficient manner.

“Protecting our clients is a top priority and we are continuously reviewing and enhancing our cybersecurity offerings in response to tightening regulations and the evolving threat landscape,” said Eric Ziobro, Director, Strategic Partnerships at Abacus Group.

“Our new partnership aligns with this strategy, providing access to cutting-edge security technology that is powerful and easy to implement. We’re working closely with Zero Networks to structure its solution to meet our customers’ specific needs. They are an excellent partner, offering exceptional support and training throughout the process.”

Zero Networks’ advanced micro-segmentation solution leverages highly accurate, deterministic algorithms to automatically segment and isolate user devices, preventing lateral movement and unauthorized access. This granular access control, paired with continuous user monitoring, mitigates the risk of ransomware and data breaches across client networks.

Aaron Peterik, Global Channel Sales Director, Zero Networks, said: "Abacus Group's deep expertise in delivering IT and cybersecurity services makes them an ideal partner to deliver our security solutions to a wider audience. We are excited to work closely with the Abacus team to help their clients meet regulatory requirements, increase operational resilience and minimize the risk of security breaches and ransomware."

The partnership has already seen successful implementations with several of Abacus Group's clients, with more in the pipeline. Abacus Group's team, trained and supported by Zero Networks, is spearheading these initiatives, ensuring seamless integration with existing IT infrastructure and ongoing support.

As part of the partnership, the two companies will continue to work closely to expand the use of the solution across Abacus Group’s entire client base. They will also collaborate to raise awareness about the importance of proactive network security and the benefits of micro-segmentation in the financial sector.

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