CryptoScan Bermuda Partners With PomeGran

January 10, 2019 | 7 Comments

CryptoScan Bermuda announced the launch of its “unique service offering to help governments and enterprises defend against increasingly sophisticated hackers, by ensuring cybersecurity policies and procedures are up-to-date and that cryptographic protocols are not vulnerable.”

“The CryptoScan Service delivers an objective score of cryptographic protocol vulnerabilities as opposed to subjective assessments currently in the market,” the company said.

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“By partnering with PomeGran in Bermuda and throughout the Caribbean, we will be able to provide a level of expert cybersecurity solutions never seen before in the region, stated Mrs. Coral Wells, Director of CryptoScan Bermuda.

“We believe this will be a game-changer and will have a huge impact on allowing businesses and governments to comply with local and international regulations such as the EU’s General Data Protection Regulation [GDPR], Payment Services Directive [PSD2] and Bermuda’s Personal Information Protect Act [PIPA]. We are very excited about this opportunity,”

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“Our NIST-based service offering is unique in the market. There is no other solution that addresses risks associated with the confidentiality and integrity of PII and other proprietary information by assessing and remediating cryptographic vulnerabilities,” says Dr. Kalai Kalaichelvan, Investor and Chief Architect of PomeGran.

“The CryptoScan service offering is very timely and is urgently required, given the increasing sophistication of hackers and the need to comply with government regulations,” said Mr. Lloyd Holder, VP of Information Technology Services, Bermuda Hospitals Board.

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The company noted, “In 2018 the Bermuda Monetary Authority issued their updated Cyber Report to mandate the cybersecurity and data privacy preparedness of all financial services players including banks, [re]insurance companies, trust companies, investment businesses, investment funds, fund administrators, money service businesses, corporate service providers and most recently digital asset businesses.

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“As an additional benefit to customers, CryptoScan will provide an Attestation by a CISSP-certified cybersecurity professional, providing peace of mind to boards and executives that the confidential information they manage is protected at the highest levels possible.”

“CryptoScan Bermuda and PomeGran are committed to enhancing the technical capabilities of Bermudians and have committed resources to training local professionals to become cybersecurity experts with the goal of becoming CISSP certified.”

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Comments (7)

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  1. DeOnion says:

    jobs?

    • Think says:

      I see Coral Wells in these photos, who is a local entrepreneur and a has a proven track record as a supporter for Bermudian employment through her businesses and the Technology Leadership Forum. She’s done plenty to help qualified Bermudians find jobs and Bermudian companies find local talent. This seems to be another one of her business ventures that is helping Bermudian talent find their employment niche, and developing Bermuda as an attractive technology destination. She has demonstrated for many years to be a jobs creator in the technology sector. But don’t take my word for it. Ask any technology executive in Bermuda.

      Well done Coral!! Well done to all involved!

      • Poppa spot says:

        That is a very ACCURATE depiction of what she brings. I’m sick and tired of these know-nothings trying to convince 65,000 people that this is bad for Bermuda, but none of them can explain why cause they have no clue. Just leave it to the experts. The govt is going in the right direction with Fintech.

    • Lol@TheOBA says:

      Wow were was all this concern for jobs when the Oba lied about producing 2000 jobs? Hypocrisy at its finest. When Fintech really takes off and establishes its self within the next 2 years on the island and the jobs will come, I want to see what all you OBA lot who are trying their best to sabotage this are going to say….what more lies…more propaganda…

      • Come Correct says:

        Maybe the OBA lot should should protest outside of Parliament every week and see how much confidence it brings to the companies looking to set up here. Got your mate STRAIGHT FORWARD literally admitting curb is part of the plp in another article.

        The OBA had to jump hurdles after inheriting the plp debt (which should be f***ng embarrasing) and all the plp did was swing for their knees.

        Maybe I’ll have something to say about FinTech when something tangible comes from it but as of now the plp look to be between a rock and a hard place with their FinTech dream and the EU substance act.

  2. Joe Bloggs says:

    All very nice, but the Registrar of Companies website does not list any company under the name “CryptoScan” so where is this company from and why is the Premier supporting it?

  3. Educated says:

    Agree, wholeheartedly

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