BusinessWire

Adlumin Surpasses 50 Financial Institutions and Counting

The company hits a new customer milestone as it continues to grow and expand its security platform.

WASHINGTON--(BUSINESS WIRE)--Last month, Adlumin surpassed more than 50 financial institutions, among its other customers, with its cloud-native security and compliance automation platform. Adlumin discovers threats, malfunctions, and IT operations failures in real-time while providing financial institutions with all the capabilities they need to instantaneously achieve their compliance objectives. With financial institutions ranging from $100M to $20B in assets, Adlumin is geared up to assist financial institutions in achieving operational success.


Adlumin continues to deliver superior capabilities to improve its customers’ experience, security, and compliance achievements resulting in an immediate acceleration in its customer portfolio. Adlumin is committed to enhancing its platform through the addition of OVERWATCH, a 24/7 SOC service, the Adlumin Threat intelligence Portal (ATIP), enriched compliance reporting to include the FFIEC CAT and NCUA ACET, and specialty software specifically designed to keep core banking systems protected from threats, malfunctions, and IT operations failures.

“Adlumin has improved the IT security profile at our bank by providing added monitoring and reporting,” says Director of IT at Wolf River Bank, Dan Brunnquell. “The platform’s focus on the financial sector and first-class features grants the ability to get the security and compliance information we need. Comparatively, it is a cost effective SIEM solution requiring normal effort to install and maintain. Adlumin is cloud-based – extending visibility to work from home PC environments is effortless.”

Adlumin has made great strides in strengthening its relationship with various associations including Independent Community Bankers of America® (ICBA). In 2018, Adlumin participated in and graduated from ICBA’s ThinkTECH Accelerator program. This bank-focused program helps mentor next generation technology companies that provide fintech solutions to the community banking industry. Most recently, Adlumin was recognized as an ICBA Preferred Service Provider (PSP) for the next three years.

“The ICBA ThinkTECH Accelerator program was designed to drive community bank innovation,” said ICBA Chief Innovation Officer Charles Potts. “We couldn’t be more excited with the success of our cohort members like Adlumin, which made the most of the program and took feedback offered into account, to refine their product and create a compelling solution that meets the unique needs of community banks to deliver memorable customer experiences. We congratulate Adlumin on reaching this notable milestone and wish them continued success.”

Additionally, the company is an Associate Member of American Bankers Association (ABA) and an Associate Business Member of Credit Union National Association (CUNA). Adlumin proudly advocates for the needs of financial institutions and will continue working towards its goal of providing organizations with security and compliance automation solutions.

In 2019, Adlumin launched Abakis, which is a multi-tenant, cloud-native security and compliance automation platform designed for service providers. Abakis simplifies the Service Provider multi-tenant interface while ensuring robust breach detection and strict data segregation.

“We are excited that our company is growing and serving organizations that have a desire to invest in compliance and cybersecurity,” says Adlumin’s SVP and Cofounder, Timothy Evans. “We are so thankful to everyone who has supported our mission over the years, and we look forward to continuing to be a driving force in the industry.”

Looking ahead, Adlumin will further develop its technology, so customers can continue managing security and compliance needs with ease. Adlumin continues to lead the way. The expectation is to reach 100 financial institution customers by the end of the year.

About Adlumin

Adlumin Inc. is the leading security and compliance automation platform for financial institutions. The Adlumin team has a passion for technology and solving the most difficult problems through the targeted application to data science and compliance integration. Our mission is to “add luminosity” or visibility to every customer’s network processes through real-time threat detection, analysis, and response to ensure sensitive data remains secure.


Contacts

Timothy Evans, Adlumin SVP, Chief of Strategy and Cofounder
Email: timothy.evans@adlumin.com
Phone: (202) 352-8001