Cybersecurity platform GM Security Technologies acquires 1st Secure IT

GM Security Technologies, a provider of cybersecurity and compliance services, has acquired 1st Secure IT, an auditing and information security and fraud prevention solution.

By acquiring the cybersecurity company, GM Security is expecting to expand into new markets across the US, Latin America and the Caribbean, Europe and Australia. In addition to this, GM Security is obtaining new technical and commercial team members which will aid the development of information security, digital risk management, and compliance services.

The offerings of 1st Secure will also complement existing managed security solutions provided by gm Security, enabling the company to offer remote management of their IT infrastructure and end-user system, the company claims.

GM Security Technologies provides companies across the Caribbean Basin and north Latin America with cybersecurity solutions. Its offerings include transaction matching, managed services, big data analytics and mobile/end-point protection.

Latin1st Secure is a digital security platform which offers customised products and consulting to protect an enterprise’s data and infrastructure. It offers tools for PCI DSS, SSAE 18, and EI3PA compliance, penetration testing and risk and fraud management.

GM Security Technologies president Héctor Guillermo Martínez said, “With the integration of 1st Secure IT we remain focused on guaranteeing our clients complete security of the data they handle. The merging of both companies consolidates a group of professionals and certified experts who will work as one team to continue offering a high level of commitment in our service to our clients.”

Earlier in the month, end-to-end data security and compliance platform Sonrai Security raised $18m in its Series A round. Its data security tools can assess and lower risk for identity and data relationships, as well as monitor movement and usage of data.

Copyright © 2018 RegTech Analyst


The following investor(s) were tagged in this article.