InfoWatch, one of the global leaders in Data Leak Prevention, has signed a strategic partnership agreement with MoData, South-African analytic company providing its clients in the Financial Services Sectors with analytic solutions, software, tools and advisory services. MoData will supply InfoWatch internal information security solutions to its financial customers across South Africa and in UK.
Under the signed agreement MoData will distribute the full line of current InfoWatch security products for international markets, such as InfoWatch Traffic Monitor Enterprise (Data Leakage Prevention for enterprises), InfoWatch Traffic Monitor Standard Appliance for SMB (DLP for SMB), InfoWatch EndPoint Security (reliable protection of workstations within corporate network), and InfoWatch Appercut (source code analysis of business applications). Partner sides plan active marketing promotion in the nearest financial year to support sales of InfoWatch solutions across South Africa and in UK, including local webinars, press announcements, etc.
«Financial sector is one of our target industries. According to InfoWatch Global Data Leakage Report 2014, financial industry is the leader in terms of amount of compromised data (41% of all data compromised in data breach incidents globally accounts for financial institutions). This means that the industry dramatically needs adoption of organizational measures and technical solutions for data protection. With help of such partners as MoData providing its BFSI customers with consultancy in risk management and combating fraud InfoWatch can meet the demand of these customers in data protection and risk management solutions,» - comments Ekaterina Solovieva, InfoWatch International Business Development Manager.
«Having established ourselves as market leaders in Strategic Automated Communications, a considerable amount of our business today is centred around helping our clients, particularly those in the Financial Services sector to make better use of the data they own and through advanced & predictive analytics use this data to make much more informed and improved decisions. Over 80% of this valuable data that is stolen today is due to internal sources rather than external security breaches so our partnership with InfoWatch enables MoData to provide desperately needed protection for our clients,» - said Martin Dolny – Regional Director of MoData.
