Company: Abacus Group
Founder: Anthony, D Ambrosi
Website: https://www.abacusgroupllc.com/
About Abacus Group
Founded in 2008, Abacus Group is a global managed IT and cybersecurity service provider with specialised multi-cloud, compliance and IT-as-a-Service offerings specifically for the needs of the financial services industry.
Two recent acquisitions have strengthened Abacus Group’s already outstanding cyber security capability. The addition of boutique consulting company Gotham Security, saw Abacus add comprehensive information security capabilities to its cyber profile, helping provide clients with real-world, actionable insight, including penetration testing, tabletop exercises, risk and compliance gap assessments, and threat hunting services.
Following this acquisition, Abacus’ solutions now cover the entire cyber-lifecycle. It has a blue team responsible for architecting, maintaining, and defending firms’ information systems with a high level of security safeguards, together with a red team focused on emulating malicious actors, ensuring organisation’s systems are secure against evolving threats.
The more recent acquisition of Tribeca Technology Group brought specialist experience in the UK private equity, asset, and wealth management market, enabling Abacus to target those market sectors with its cybersecurity offerings.
Today, Abacus focuses on solving multiple critical cybersecurity challenges for its customers, from safeguarding against evolving threats to meeting stringent regulatory requirements and managing risk across complex IT environments. Key challenges firms face includes continuous vulnerability exposure, the need for proactive threat detection and response and compliance with SEC/FCA regulations. This last-named capability is key for financial services firms struggling to deal with escalating compliance requirements, so the capability in enabling these firms to navigate the complexity is invaluable.
Abacus uses innovative tools like its cybersecurity dashboard to make security metrics consumable for users, helping them assess the scope of the cyber-challenges they face. Private equity firms can, for example, use the dashboard to gain a bird’s-eye perspective on their cyber risk posture across all their portfolio companies and access reports to demonstrate robust security to investors, insurers and auditors while guiding prioritised improvements.
These capabilities are integrated within abacusFlex™, a comprehensive, secure, and compliant system. abacusFlex protects organisations through proactive security programs including continuous vulnerability scanning, remediation, and independent testing augmented with additional modules for managed detection and response (MDR) and staff security training. In line with this, Abacus is committed to helping firms educate their staff, making cyber everyone’s business and driving it from the top down to build a cyber culture.
Critically too, abacusFlex offers clients tailored solutions from basic to enterprise-level security, ensuring not only that they meet industry standards but also that the solution provided aligns with their specific needs and maturity levels. This flexibility ensures that companies can scale their security as they grow while addressing both compliance and evolving threats.
Abacus Group has made a lasting impact on the cybersecurity industry. By combining deep expertise with cutting-edge technology, Abacus has set new benchmarks for security solutions tailored to firms of all sizes, empowering them to proactively manage emerging risks.
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