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SURVEY HIGHLIGHTS VAST ABSENCE OF OPPORTUNITY FOR WOMEN IN SENIOR CYBER SECURITY ROLES COMPARED WITH MALE COUNTERPARTS

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Lack of guidance and support hindering women embarking on careers in cyber and information security

Infosecurity Europe today announced results from a recent poll revealing that men have more opportunity than women to reach senior roles in the cyber and information security industry. The news comes at a time when technology companies are touting initiatives, promoting and supporting women in the tech industry, and of course, on International Women’s Day which provides an opportunity to celebrate women around the world.

 

The social media poll, which received 14,706 responses, was conducted by Infosecurity Europe – Europe’s number one information security event – and was the latest in a series of polls ahead of the conference. Sixty one per cent of respondents acknowledged that women have less opportunity than men when vying for senior roles in cyber and information security, which is disappointing, and shows the clear lack of diversity that still exists in the industry.

 

Europe is one of the worst offending regions in the world when it comes to women in cyber security, with them making up just seven per cent of the industry workforce, and one of the biggest gender pay gaps in the world according to the Global Information Security Workforce Study. During a period where cybercrime poses one of our biggest threats, it’s difficult to fathom why the industry continues to sell itself short by missing out on a huge proportion of prospective female talent.

 

Worse still, sixty three per cent of those polled by Infosecurity Europe think there’s not enough guidance and support available for women wanting a career in cyber and information security. The future for women in security depends on the IT industry’s ability to inspire women and encourage careers in cyber security. The issue is further exasperated, with over half (56 per cent) of those surveyed noting that there is a lack of female role models in the cyber and information security industry.

 

Infosecurity Europe 2019 seeks to address these issues and will be hosting the third annual Women in Cybersecurity networking event on Wednesday 5th June. The industry will meet to celebrate the achievements of females in cybersecurity, debate the challenges around diversity and discuss career opportunities for women in the industry. The event includes an inspirational keynote presentation by Dr Sue Black entitled ‘If I can do it, so can you’, a panel discussion, Q&A and networking.

 

Dr Sue Black, commented on the poll saying: “I’m not surprised by the results of this survey, the majority believe the same as me: that we really need to do something about the lack of guidance and support for women wanting a career in cyber and information security. There are many awesome women working in these areas, but we haven’t heard about them enough. Stories about the trailblazing women that have done incredible things in technology like Dame Stephanie Shirley, UK technology pioneer, and the women recently portrayed in the film Hidden Figures Dorothy Vaughan and Mary Jackson, have not been heard until now. Yet the history of computing is built on the work of women like them.

 

I have long championed women in tech since setting up the UK’s first online network for women in tech BCSWomen back in 1998 and now as Professor of Computer Science and Technology Evangelist at Durham University I’m working hard to get more women into technology, to inspire and encourage millions of women to work in tech. Technology is the future. ” 

 

Victoria Windsor, Group Content Manager at Infosecurity Group, says: “We are thrilled to have such an inspirational female speaker at the upcoming event. The cyber and information security sector must continue to encourage women to study and consider careers in the industry and, furthermore, it should be focused on retaining the female demographic and inspiring female influencers, motivating women to drive for senior roles in their field.”

 

Infosecurity Europe, now in its 24th year, takes place at Olympia, Hammersmith, London, from 4-6th June 2019. It attracts over 19,500 unique information security professionals attending from every segment of the industry, including more than 400 exhibitors showcasing their products and services, industry analysts, worldwide press and policy experts, and over 200 industry speakers are lined up to take part in the free-to-attend conference, seminar and workshop programme. More information and registration at https://www.infosecurityeurope.com.

 

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Volante Technologies Recognized as Market Leader in Omdia Universe: Selecting a Payment Hub, 2021-22 Report

Cloud payments company scores highest mark for solution innovation capabilities and strategy

Volante Technologies, the global leader in cloud payments and financial messaging, has been recognized as a Leader in the Omdia Universe: Selecting a Payment Hub, 2021-22 global survey.

In preparing the report, Omdia, the analyst division of Informa, performed an in-depth review of the market and ranked vendors based on a matrix of key capabilities, attributes, and features. The comprehensive process incorporated in-depth client and vendor interviews, and is designed to help C-level executives, payment heads, and IT directors select the payment hub platform that will enable their payment modernization ambitions.

The report states that Volante has been recommended as a Leader “thanks to its co-innovation capabilities.” It highlights “the speed that the payment hub can be implemented” and “the maturity of Volante’s cloud capabilities” along with its “particularly strong low-code integration layer” as contributors to the ranking. The report concludes, “Volante scored the highest mark for its solution innovation capabilities and strategy / product roadmap.”

Philip Benton, Senior Analyst – Financial Services Technology at Omdia, said: “Volante Technologies earned its place as a recommended leader thanks to a combination of genuine innovation and the provision of services which allow the company to deliver significant payments efficiencies to both small and large institutions.”

John Farrell, SVP Global Product Management at Volante, said: “We are delighted to have been awarded the top ranking of leader by Omdia. This recognition vindicates our strategy of working as a trusted partner to our customers, and helping free them from the limitations of legacy systems through modern cloud-native payments solutions.

“With 75% of our staff in research and development, we intend to continue investing in our products to maintain our leadership position, and continue delivering outstanding results to our customers.”

 

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ARTERIA AI SET TO ACQUIRE H4’S FINANCIAL SERVICES BUSINESS ASSETS

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H4 Chairman and Co-founder Joe Seifert to join Arteria AI as senior advisor

 

Arteria AI, an award-winning global leader in enterprise digital documentation, has agreed to acquire certain financial services assets of H4, an award-winning contract lifecycle management platform.

As part of the agreement, H4’s Chairman and Co-founder Joe Seifert will join Arteria AI’s team as a senior advisor.

Shelby Austin, CEO of Arteria AI, said: “This is a very exciting time for our business as we set out to unleash the power of data to help global financial institutions solve their client documentation challenges at scale. Since spinning out of Deloitte we have continued on an incredible growth journey accelerated by the market’s clear preference for data-first solutions.”

“It is a strategic decision for us to acquire certain financial services assets of H4 to expand our reach and super-charge our efforts. Joe Seifert will bring invaluable experience and expertise to our team.  We look forward to working together to provide an unrivalled, data-first client documentation solution for global financial institutions.”

Joe Seifert said: “Arteria AI and H4 cover most of the top-tier of the financial services market and it made perfect sense to join forces. Having spent time with Shelby and the team, I’m very excited that the combination will support Arteria AI’s position as a leader in digital documentation transformation across the global banking sector.”

Arteria AI works with the world’s largest banks to accelerate their client documentation processes at scale.  From document generation through signature and beyond, Arteria uses context-specific AI, data, analytics and automation to ensure that stakeholders across the bank are able to serve their clients more quickly.  This can be a key factor in driving additional revenue and minimizing risk and cost.

The company’s co-founders Shelby Austin, Abrar Huq and Jonathan Wong have more than 30 years experience within the documentation space and were leaders within the AI community prior to launching Arteria AI in October 2020.

H4 will focus on its offering for the corporate market, outside of global banking. Rob Fagg, CEO, and Andy Byrne, COO, have agreed a management buyout of H4, continuing their roles and becoming co-founders of the new business. Joe Seifert will remain a minority shareholder in H4.

 

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