PLATFORM SECURITY,SOFTWARE SECURITY
Omega Systems | January 10, 2023
On January 09, 2023, Omega Systems, a Pfingsten Partners portfolio company, announced the acquisition of The TNS Group, a leading IT services provider based in Stamford, CT. The acquisition strengthens and further expands Omega's footprint in the Northeast and key target industries, such as healthcare, fintech and non-profit.
The TNS Group has been delivering the offices in Stamford, Fairhaven, MA, New York City, and with technology, IT consulting, and cybersecurity services for over 25 years. In contrast, Omega has over 700 mid-market and enterprise customers in financial services, manufacturing, healthcare, nonprofit, and state/local government across the United States.
Bill Kiritsis, Omega Systems Founder & CEO, said, "The TNS Group is a valuable extension to our growing presence in the Northeast, and we're thrilled to welcome them to the Omega family." He further stated, "There are great synergies between our organizations – both in our corporate cultures and our commitment to customers – and we're eager to unite and accelerate our efforts to delivering the world-class IT, security and compliance services today's enterprises require."
(Source – PR Web)
TNS demonstrates Omega's third strategic acquisition in the past 12 months. Omega previously acquired PICS ITech and ACE IT Solutions, both in 2022. The company now employs over 185 total employees and a growing diverse managed services portfolio that includes managed IT compliance, managed cybersecurity, cloud hosting services, backup and disaster recovery, NOC and SOC services and strategic IT consulting.
About Omega Systems
Omega Systems is a major managed service provider (MSP) and managed security service provider (MSSP) for mid-sized businesses in the financial services, government, manufacturing, healthcare, and professional services industries. Omega's customer-first solutions are based on its approach to personalized service, designed to address the growing regulatory, compliance and data processing needs of the current highly regulated and security-conscious businesses.
About The TNS Group
The TNS Group, a Managed Service Provider (MSP), offers cloud solutions, managed security, business continuity, and IT consulting. Its portfolio of solutions helps develop business strategies through technology. It aims to bring value to its clients by simplifying innovative technologies and offering layers of expertise and flexibility to achieve overall goals. TNS serves clients in the fintech, healthcare, nonprofit and shipping/distribution industries.
DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY
1Password | November 07, 2022
1Password, a leader in human-centric security and privacy, today announced the acquisition of Passage, a developer-first passwordless authentication company. 1Password will use Passage's technology to launch a passwordless authentication platform for enterprises – enabling a safer, simpler, and more secure end-user experience across any platform or device.
"1Password is focused on empowering companies and consumers to have safer and simpler digital experiences. As the world evolves, that means helping companies and consumers navigate all the complexities on the path to a passwordless future," said Jeff Shiner, chief executive officer of 1Password. "With today's Passage acquisition, we are committing to giving businesses and end users what they want and deserve: the convenience of passwordless without compromising security."
Together, 1Password and Passage Identity will enable developers, businesses, and consumers to make progress toward a passwordless future by accelerating adoption of passkeys. Passkeys represent the opportunity to replace passwords in favor of more secure and seamless user experiences. With passkeys, the pain of forgotten passwords is a thing of the past, and users minimize exposure to phishing attacks. For businesses, passwordless authentication can improve top- and bottom-line revenue by eliminating forgotten customer passwords and reducing sign-up friction.
"Passwords are ubiquitous, but ever-changing requirements can make them a hassle to use, and that can harm the user experience and cause real ramifications for businesses. "1Password's market leadership and human-centric mission make them a natural fit to achieve our shared vision of a secure, user-friendly experience that enables businesses to deliver a frictionless and safe experience to users on any device – no QR codes required."
Cole Hecht, co-founder and chief executive officer of Passage
The entire Passage team, including co-founders Cole Hecht (CEO) and Anna Pobletts (CTO), will bring their technical expertise and exclusive focus on passkey authentication to 1Password. The Passage team will continue to focus on developing passkey-first authentication for consumer-facing businesses. This solution will be available in beta in early 2023.
The FIDO Alliance is an open industry association focused on improving authentication standards to minimize password use and improve online security. "Enterprises around the world are rapidly adopting FIDO-based solutions in order to accelerate the journey toward a safer, passwordless future," said Andrew Shikiar, executive director and CMO of the FIDO Alliance. "With the Passage acquisition, 1Password has bolstered their solution offering which stands to help more companies reduce reliance on passwords in favor of user-friendly and unphishable FIDO authentication."
1Password's human-centric security keeps people safe, at work and at home. Our solution is built from the ground up to enable anyone – no matter the level of technical proficiency – to navigate the digital world without fear or friction. The company's award-winning security platform is re-shaping the future of authentication, including passwordless. 1Password is trusted by over 100,000 businesses such as IBM, Slack, Snowflake, Shopify, and Under Armour and protects the most sensitive information of millions of individuals and families across the globe. The company's ultimate goal is to help consumers and businesses get more done in less time – with security and privacy as a given.
DATA SECURITY,PLATFORM SECURITY,SOFTWARE SECURITY
Mendix | January 24, 2023
Mendix, a Siemens business and world leader in modern enterprise app development, and Software Improvement Group (SIG), a unique technology and advisory firm for software quality, security, and improvement, have announced the launch of Mendix Quality & Security Management (QSM), a new cybersecurity solution that provides continuous deep-dive insights into security and code quality to address risks and vulnerabilities immediately.
Sigrid®, SIG's software assurance guidance platform, powers Mendix QSM. It delivers a complete perspective on the effect of security findings on business goals by combining more than 20 top-tier security scanning technologies. With Mendix QSM, the users can scan their Mendix apps, including third-party libraries, for security flaws and incorrectly configured security models, rank for compliance with major industry standards such as OWASP, ISO 5055, and PCI, and receive risk mitigation recommendations and clear guidance.
Mendix QSM is based on application model static analysis. SIG experts have mapped Mendix models to the ISO 25010 maintainability model using Mendix model metadata. This enables its applications to be compared against a database of thousands of projects, including open-source initiatives. Mendix QSM also presents a five-star rating of the quality of the software.
Mendix is an industry-leading low-code application development platform for enterprises. With Mendix, you can transform a spreadsheet into an app, establish a portfolio of enterprise-wide apps, and upgrade a core system, among other things. In addition, the platform provides continuous collaboration between software developers and users, speeds up the application development lifecycle, and enables iterative deployment at scale. As a result, businesses can rapidly develop modern, adaptable applications with a tool that maintains the highest levels of security, quality, and governance. The platform has been used by over 4,000 of the world's leading enterprises. Mendix is a division of Siemens.
About Software Improvement Group (SIG)
Software Improvement Group (SIG) assists companies in gaining confidence in the technology they trust. Its mission is to get the software right for a healthier digital world by combining intelligent technology with human expertise. It drills into the build quality of enterprise software and architecture by monitoring, measuring, and benchmarking it against the world's largest software analysis database. As a result, organizations can use software assurance to uncover the variables driving the total cost of ownership of the software and make fact-based decisions to lower costs, reduce risk, improve time to market, and accelerate digital transformation.