SOURCE: Cyber adAPT, Inc.

Cyber adAPT, Inc.

August 02, 2016 09:00 ET

Cyber adAPT Provides Integrated Security Platform to Flexible Plan Investments

Leading Risk Management Firm Chooses Cyber adAPT to Protect 27,000 Clients

HALF MOON BAY, CA--(Marketwired - August 02, 2016) - Cyber adAPT® announced today that it is providing Flexible Plan Investments with a comprehensive security platform to protect its clients and partner network across the United States. By securely enabling mobile and BYO devices, Flexible Plan Investments provide highly secure communications with access to sensitive enterprise data wherever their employees and brokers need it.

Investment boils down to trust. As a leader in active investment and risk management for over 30 years with more than 600 independent broker dealers and more than 27,000 client accounts, Flexible Plan is dedicated to gaining trust, growing wealth and reducing risk. In order to operate in an industry where reputation is critical, any data transactions must be undertaken in a secure, risk-free environment.

As Flexible Plan has embraced remote access across its diverse business network, BYOD and smart devices have become central to achieving competitive advantage in today's hyper-connected world. New expectations of being always-on, on any device, with unlimited access to enterprise and cloud services need to be met without inconveniencing the user-experience. The financial services industry in particular requires the absolute assurance that any security risk is managed when these devices are connected to networks.

Flexible Plan's CISO, Jeffrey Ingalsbe said, "Now we have reduced our risk with more visibility and more insight into mobile and network behavior. We are providing more secure mobility to a diverse user base using a solution that was designed explicitly for the increasingly empowered, remote-worker operation."

Financial services firms are the primary targets of malicious online activity. Financial services topped the annualized losses statistics in 2015 with an increase of nearly 50% on the previous year1. Like many sectors, their workforces are increasingly mobile, requiring access to sensitive digital services when they themselves are located outside the traditional 'perimeter'.

Cyber adAPT SVP, Jason Lundy, commented, "We are very excited to be working with Flexible Plan Investments -- an outstanding example of a mature business which understands the expanding variety of new-world threats, and is prepared to act. Investment advisors, like many businesses, are seeing the value in secure device management with advanced detection. This is a powerful combination that will protect reputations and IP."

Financial Services and Investment Advisors can benefit from the following Cyber adAPT services:

  • Strong remote access control and highly secure communications
  • Invisible security, with no effect on user experience
  • Advanced threat detection to protect against attacks in progress
  • Fully managed cloud based service
  • Simple provisioning and tamper resistance

For more information on Cyber adAPT, visit cyberadapt.com.

1 Ponemon Institute; August 2015

About Flexible Plan Investments

Since 1981, Flexible Plan Investments has been dedicated to preserving and growing wealth through dynamic risk management. They are a turnkey asset management program (TAMP), which means advisors can access and combine their many risk-managed strategies within a single account. Their fee-based separately managed accounts can provide diversified portfolios of actively managed strategies within equity, debt, and alternative asset classes on an array of different platforms. They also offer advisors our OnTarget Investing tool to help set realistic, custom benchmarks for clients and regularly measure progress.

About Cyber adAPT

Cyber adAPT® secures mobile-enabled enterprises protecting real-world reputations. It is the only platform to combine powerful Secure Device Management, guaranteeing secure access to cloud and network services, with real-time Attack Detection inside the network. Cyber adAPT instantly illuminates otherwise hidden, malicious behavior ensuring more real attacks are found more quickly. www.cyberadapt.com

Safe Harbor Statement

All statements in this press release that are not based on historical fact are "forward-looking statements." While management has based any forward-looking statements included in this press release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of our control, which could cause actual results to materially differ from such statements. Such risks, uncertainties and other factors include, but are not limited to, the fluctuation of global economic conditions, the performance of management and our employees, our ability to obtain financing, competition, general economic conditions. Furthermore, we operate in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise forward-looking statements to reflect events or circumstances that subsequently occur or of which we hereafter become aware.

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