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Plynt launches security testing programmes in Europe

January 2008 by Marc Jacob

The increasing sophistication of targeted attacks on banking web sites has highlighted the importance of intensive security testing. But many UK financial services organisations are still following an ad hoc approach to security testing. The launch of Plynt in Europe will now enable them to follow the best practice examples of overseas banks by implementing cost-effective planned testing programmes for web site, application and network security. Plynt combines in-depth financial services security expertise with the economies gained by using highly-skilled offshore testing centres to create award-winning security programmes for its clients.

Plynt has been providing security testing for web sites, applications and networks for a wide range of companies in the US and Asia since 2000 and is ranked as the fastest-growing security services provider by the Deloitte Technology Fast 500 Asia. Its success has mirrored the growth in offshore financial software development in India, which is already used by a significant number of UK-based financial services organisations.

With the launch of Plynt in Europe, these organisations can now take advantage of the quality, expertise and economies offered by offshore web site and application testing. Its fully-managed and cost-effective planned security testing and certification programmes reduce its clients’ ongoing exposure to security risks and increase their ability to exploit the internet further as a secure low-cost channel for providing services to customers and counterparties.

Plynt has already worked with a significant number of financial services organisations in Asia and the US. In India, Plynt’s clients include the top four banks as well as the fastest growing bank: Kotak Mahindra Bank Limited (KMBL). KMBL recently won the Microsoft Security Strategist Award, which is given to the organisation with the best security practices. KMBL uses Plynt’s fully-managed security programme and this was instrumental in it receiving this award.

Plynt is the leading global provider of state-of-the-art application security testing and certification for organisations around the globe. Plynt’s services help improve the security of business critical applications and networks for over 200 organisations across 15 countries. Leadership is provided by N.S. Raghavan, co-founder of technology and outsourcing market leader, Infosys Technologies (NASDAQ: INFY). Since its inception in 2000, a large number of Fortune 500 companies have consistently selected Plynt to lead their security initiatives. Plynt (Paladion in Asia) is ranked as the fastest growing security service provider by the Deloitte Technology Fast 500 Asia company and counted among 200 top technology company by the 2007 Red Herring Survey.

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