Logo
Tuesday, 07 July 2020
Logo
The News and Media Division of The Insight Partners
Wednesday, 03 Jun 2020 01:00 pm

4Stop Selected in CyberTech100 for 2020

CyberTech is one of the fastest-growing sectors within the FinTech industry, with FinTech Global data showing investment in the space has grown 14x since 2014 to reach $3.4 billion last year.

newsImage
 

4Stop ("FourStop GmbH"), a global provider for KYB, KYC, compliance and fraud prevention, announces its selection within the Cybertech100. This list is composed of the top 100 globally recognised most innovative providers of digital solutions of 2020, providing world-class cyber defences to financial institutions. 

CyberTech is one of the fastest-growing sectors within the FinTech industry, with FinTech Global data showing investment in the space has grown 14x since 2014 to reach $3.4 billion last year.

That surge in activity comes as financial services firms are increasingly moving towards digital operations and expanding their security budgets. According to a study by Gov.uk, finance and insurance firms increased their spending on cybersecurity by 23% YoY in 2019.

Given the considerable rise in appetite for the sector, the CyberTech100 was produced to identify the 100 innovative companies that every financial institution needs to know about when they consider and develop their information security and financial crime-fighting strategies.

The standout companies were chosen by a panel of industry experts and analysts who reviewed a study of over 1,000 CyberTech companies undertaken by FinTech Global, a data and research firm. The solution providers making the final list were recognised for their innovative use of technology to solve a significant industry problem, or to generate cost savings or efficiency improvements across the security value chain.

FinTech Global director Richard Sachar said, "Established financial institutions need to be aware of the latest security technology in the market to protect their organisations from data leaks and cyberattacks.

"The CyberTech100 list helps senior management filter through all the vendors in the market by highlighting the leading companies in sectors such as Threat Management, Data Governance, Cloud Security, Employee Risk and Fraud Prevention," he added.

Tags 4Stop CyberTech100 Fraud prevention CyberTech Digital solutions Fintech Security Threat Management Data Governance Cloud Security Security Value Chain

Neha Pandey

Aware of her elements, Neha writes the best articles across industries including electronics & semiconductors, automotive & transportation and food & beverages. Being from the finance background she has the ability to understand the dynamics of every industry and analyze the news updates to form insightful articles. Neha is an energetic person interested in music, travel, and entertainment. Since past 5 years, she written extensively on sectors like technology, finance and healthcare.


Smarter Decisions with Smart News

Smart Market News is committed to getting its readers the latest updates and insights on industries that help in making “smarter” business decisions. With insights and inputs from corporate decision makers, we bring you the stories of adopting innovative solutions and strategies that have been changing the world. Our editorial insights on products, solutions, companies, and adoption of best practices not only help in understanding the markets better, but also prove to be a complete package for your information needs.

media@smartmarketnews.com | sales@smartmarketnews.com

Contact Us
Subscribe to our newsletter
Get the latest in your inbox weekly Sign up for the fully charged newsletter
Follow Us:
© The News and Media Division of The Insight Partners 2019 | All Rights Reserved | Privacy Policy