VANCOUVER, British Columbia, July 07, 2017 (GLOBE NEWSWIRE) — Premier Managed Services Provider, VirtualArmour International Inc. (the “Company”) (CSE:VAI) (Frankfurt:3V3), announced today a finalized contract with a global architectural design and engineering firm which services the Energy sector. Under the terms of the contract, VirtualArmour will design, build and implement new security infrastructure to support the client’s sustained growth. This will involve the provision of hardware as well as professional services.
As a result of technology playing an increasingly significant role within energy sector operations across the board, it is an industry that has become a prime target for cyber attacks. These are being directed not only towards those directly in energy production and distribution but also towards industry partners that may not employ the same robust security protocols required to remain secure.
“What makes cyber threats especially dangerous within any industry, but particularly within energy, is that they can go undetected until real damage has taken place, from stolen data to power outages, destruction of physical assets and major financial loss,” said Chad Schamberger, VP of Engineering Services at VirtualArmour.
Nick Dinsmoor, VP Strategy at VirtualArmour added, “Through working with some of the largest organizations in the field, VirtualArmour has developed significant industry expertise in this area and is able to design, implement and manage tailored and robust solutions which deliver extremely high levels of protection. We’re pleased to be further widening our footprint in the energy sector and believe it will be one we see increasing business from in both the short and long term.”
VirtualArmour is an international cybersecurity and Managed Services provider that delivers proprietary solutions to help businesses build, monitor, maintain and secure their networks. The Company maintains 24/7 client monitoring and service management with specialist teams located in its US and UK-based security operation centers (“SOC”). Through partnerships with best-in-class technology providers, VirtualArmour delivers leading hardware and software solutions for customers that are both sophisticated and scalable, and backed by industry-leading customer service and experience. VirtualArmour’s proprietary CloudCastr client portal and prevention platform provides clients with unparalleled access to real-time reporting on threat levels, breach prevention and overall network security.
VirtualArmour services a wide range of clients – which include those listed on the Fortune 500 – within several industry sectors, in over 30 countries, across five continents. Further information about the Company is available under its profile on the SEDAR website, www.sedar.com, on the CSE website, www.thecse.com, and on its website www.virtualarmour.com
This press release may include forward-looking information within the meaning of Canadian securities legislation. The forward-looking information is based on certain key expectations and assumptions made by the management of VirtualArmour. Although VirtualArmour believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information as VirtualArmour cannot provide any assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release and VirtualArmour disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws