Story image

ME Bank harnesses VMtech security-as-a-service for digital disruption

09 Feb 17

VMtech has won a multi-year deal to provide a comprehensive managed security service for Australia's ME Bank as it seeks to be a digital disruptor in the banking arena.

Samantha Macleod, ME general manager cyber security, says MEhas adopted a digital ecosystem and technology to manage and capitalise on ever-changing consumer requirements and aid it in being a digital disruptor in banking.

“It makes sense for our security services and our approach to protecting customers to also be adaptive,” Macleod says.

“In partnering with VMtech we have established a ‘security-as-a-service model that provides depth and breadth in security operations, intelligence and response.

“Built into the security service model is the agility and innovation ME needs to support its strategic vision,” Macleod says.

Len Findlay, VMtech chief executive, dubs the new deal ‘an exciting milestone’ in the multicloud service provider’s relationship with ME.

“Being core to our business, managed security services are helping to deliver fantastic outcomes to our mid to enterprise customers with our latest iteration being the security-as-a-service platform,” Findlay says.

“It is great to get this public recognition from a key customer such as ME,” he adds.

Disruption in the supply chain: Why IT resilience is a collective responsibility
"A truly resilient organisation will invest in building strong relationships while the sun shines so they can draw on goodwill when it rains."
The disaster recovery-as-a-service market is on the rise
As time progresses and advanced technologies are implemented, the demand for disaster recovery-as-a-service is also expected to increase.
Cohesity signs new reseller and cloud service provider in Australia
NEXION Networks has been appointed as an authorised reseller of Cohesity’s range of solutions for secondary data.
The key to financial institutions’ path to digital dominance
By 2020, about 1.7 megabytes a second of new information will be created for every human being on the planet.
Proofpoint launches feature to identify most targeted users
“One of the largest security industry misconceptions is that most cyberattacks target top executives and management.”
What disaster recovery will look like in 2019
“With nearly half of all businesses experiencing an unrecoverable data event in the last three years, current backup solutions are no longer fit for purpose."
NVIDIA sets records with their enterprise AI
The new MLPerf benchmark suite measures a wide range of deep learning workloads, aiming to serve as the industry’s first objective AI benchmark suite.
McAfee named Leader in Magic Quadrant an eighth time
The company has been once again named as a Leader in the Gartner Magic Quadrant for Security Information and Event Management.