NORCROSS, Ga., Jan. 18, 2011 (GLOBE NEWSWIRE) -- S1 Corporation (Nasdaq:SONE), a leading global provider of payments and financial services software solutions, today announced S1 Defense, a new name for information security products and services the company is offering its financial institution customers. S1 Defense was previously known in the credit union market as CUDefense, an offering of PM Systems Corporation. S1 acquired PM Systems Corporation in March 2010.
The regulatory requirements concerning security placed on financial institutions often exceed staff capabilities in both time and resources. As the number of security threats grows, so too must financial institutions' information security defenses. S1 Defense assists financial institutions in building their security programs to help protect financial institutions and their customers from both internal and external threats. These products and services are designed to help financial institutions build a stronger security posture, manage risk and reduce the cost of an information security program. S1 Defense delivers a breadth of products and services including:
- Security Assessments – external, internal and combined reviews
- Managed Security - network security monitoring of firewalls, intrusion prevention, remote monitoring, reporting, response, and support services
- Logging, Alerting, and Reporting - network performance, trending analysis and security vulnerability information beneficial to service, planning, management and compliance
- Email Security– a hosted solution to encrypt email and help block spam, viruses, phishing schemes, offensive content, hacking attacks, and related threats
- Phishing and Vishing Intervention and Detection - incident response planning for phishing attacks, detection and take down services, as well as detailed forensic data
"The S1 Defense team knows their business, and they do a great job. I appreciate that I can pick up the phone at any time and receive top-notch service from their highly trained engineers," said Tim Sigmon, IT Manager, Carolinas Telco Credit Union. "I have learned that I can look to S1 Defense as my security provider, and I look forward to many more years of quality service from the company."
"We are pleased to introduce the S1 Defense team and make available these critical security products and services to the greater financial community," said Pierre Naude, Divisional President, S1 Corporation. "The S1 Defense team has demonstrated a commitment to providing leading security risk assessments, perimeter security programs and phishing intervention at a competitive price point for credit unions as well as community and regional banks."
For more information visit www.s1defense.com.
About S1 Corporation
Leading banks, credit unions, retailers, and processors need technology that adapts to the complex and challenging needs of their businesses. These organizations want solutions that can respond quickly to changes in the marketplace and help grow their businesses. For more than 20 years, S1 Corporation (Nasdaq:SONE) has been a leader in developing software products that offer flexibility and reliability. Over 3,000 organizations worldwide depend on S1 for payments, online banking, mobile banking, voice banking and branch banking solutions that deliver a competitive advantage. More information is available at www.s1.com.
Forward-Looking Statements
This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act. These statements include statements with respect to our financial condition, results of operations and business. The words "believes," "expects," "may," "will," "should," "projects," "contemplates," "anticipates," "forecasts," "intends" or similar terminology identify forward-looking statements. These statements are based on our beliefs as well as assumptions made using information currently available to us. Because these statements reflect our current views concerning future events, they involve risks, uncertainties and assumptions. Therefore, actual results may differ significantly from the results discussed in the forward-looking statements. The risk factors included in our reports filed with the Securities and Exchange Commission (and available on our web site at www.s1.com or the SEC's web site at www.sec.gov) provide examples of risks, uncertainties and events that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements. Except as provided by law, we undertake no obligation to update any forward-looking statement.
S1 Defense, CU Defense and the S1 logo are trademarks of S1 Corporation or its affiliates. All other registered or unregistered trademarks and service marks are the property of their respective owners.