NXTsoft Announces Acquisition of Gulf Guard Cyber to Augment Cybersecurity Solutions

Category: Data Security
Author: NXTsoft
BIRMINGHAM, Alabama, July 31, 2019 – NXTsoft ( www.nxtsoft.com), a company that delivers intelligent risk management solutions focused in the areas of compliance, data analytics and cybersecurity, announced today the acquisition of Gulf Guard Cyber ( www.ggcyber.com), a division of Gulf Guaranty Insurance. Gulf Guard Cyber’s Cyber Director solution is a reporting and monitoring tool designed for the board of directors and management teams, enabling them to stay informed 24/7 about the current status of cyber security vulnerabilities.

NXTsoft plans to augment its cybersecurity solution set by offering Cyber Director as a standalone solution as well as integrating it into ThreatAdvice vCISO, a solution for small to mid-size businesses that provides a cost-effective alternative to hiring an in-house virtual chief information security officer.

Cyber Director provides C-level executives and boards directors’ visibility into their security posture from an independent third party on a regular basis. Cyber Director details how well a company’s security risks are being managed as well as what questions management should be asking IT staff. 

“Cyber Director is an excellent addition to our cybersecurity suite and an imperative component of NXTsoft’s ThreatAdvice vCISO solution,” said David Brasfield, CEO of NXTsoft. “Integrating Cyber Director into our current solution will assist in automating several of the tasks our team was conducting manually and will provide a more seamless experience for management teams utilizing our solution,” he said.

“Cyber Director offers a value proposition and has a strategic fit in the current suite of services offered by NXTsoft,” said Rob Blackmon, president of Gulf Guard Cyber. “We are pleased that NXTsoft recognized its benefits and are confident that it will be an integral part of the ThreatAdvice vCISO solution,” he said.

About NXTsoft

NXTsoft builds and grows companies using management’s core strengths in sales and marketing, software development, business scaling, and capital access. The company’s current focus is concentrated in risk management, which includes cybersecurity, compliance, risk analytics and technology delivered by companies that include ThreatAdvice, FIMAC, Springhouse Compliance, Echo Partners, Digitel and Integrated Legacy Solutions. For more information visit www.nxtsoft.com, email info@nxtsoft.com or call 1-800-915-3381.

About Gulf Guard Cyber 

For nearly 50 years Gulf Guaranty has been a trusted provider of insurance services to the community bank industry. In addition, the company has a successful track record in technology. It led the way in loan automation software with its Gulf Pak division, ultimately serving nearly 800 banks nationwide. Today, Gulf Guaranty reignites their technology expertise with the CyberDirector risk analysis through Gulf Guard Cyber specifically designed to keep a Board abreast of their company's cyber risk posture. For more information visit www.gulfguardcyber.com.

 

July 29, 2019
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