FIS Global to Serve as Cyber Security Research Partner with DHS
Banking and payments technology provider FIS [FIS] says it has entered into an agreement with the Department of Homeland Security (DHS) as a research partner in the area of cyber security. FIS will work with DHS and the federal government to address and respond to cyber threats to the global financial industry and critical infrastructure by improving the security of financial transactions worldwide. DHS said there is a contract associated with the research partnership but declined to provide the value. FIS did not return requests for comment although in a press release it said that it will work with the National Cybersecurity and Communications Integration Center, which provides round-the-clock coordination for monitoring and responding to cyber threats and attacks. “This partnership demonstrates the leadership role FIS plays in defining security for the financial services industry worldwide,” says Greg Montana, executive vice president and chief risk officer for FIS.
Smiths Detection Opens Manufacturing Facility in Malaysia
Smiths Detection has opened its Asia Pacific Manufacturing Facility in Malaysia, part of an effort to improve and support global and regional sales of the company’s X-Ray scanners, particularly in fast growing, emerging markets like Vietnam, China, India and Indonesia. The 130,000 square foot facility is fully operational and manufactures systems that screen hand baggage, parcels, pallets and freight. The facility employs 60 workers and is producing about 100 systems per month. “The Asian aviation security market is forecast to grow strongly for the foreseeable e future, complemented by good growth in our other market sectors,” says Nathan Manzi, managing director of Smiths Detection Asia. “Reduced regional shipping times due to the facility’s strategic location have already helped secure significant new orders from Japan and South Korea. We are positioned to exploit our advantage and deliver products to our customers faster than ever.”