Auriga snaps up LDM security platform from S21sec
Italian technology vendor Auriga has acquired ATM cybersecurity platform Lookwise Device Manager (LDM) from Spanish security firm S21sec.
Auriga plans to integrate its new acquisition into the WWS software suite, designed for security monitoring and control of networked devices including ATMs, point of sale, and payment control systems.
Designed as an integrated security solution, Auriga promises that LDM offers “the most advanced and most effective” countermeasures to stop cybercrime.
The Italian vendor says the modularity of the LDM platform means that it will compliment its existing product portfolio.
Following the acquisition, Auriga will continue investment into research and development of LDM and enable improvements including faster time to market for deployment. S21sec will also provide Auriga with cybersecurity consultancy.
“Ever growing targeted attacks on self-service banking infrastructure are hugely disruptive and undermine trust in digital banking services,” says Vincenzo Flore, founder and CEO o Auriga.
“By adding in this cutting-edge technology and specialist expertise in ATM cyber security, we are re-affirming our strategy of evolving our product portfolio to meet the changing needs of our clients with the best integrated technology platforms.”
Related: Allied Irish Banks sells remote ATM network to US-based Brink’s Company