Jack Henry & Associates, Inc.
Jun 28, 2017

ProfitStars Introduces Gladiator Virtual Information Security Officer

Financial institutions can meet information security requirements through scalable outsourced program

MONETT, Mo., June 28, 2017 /PRNewswire/ -- Jack Henry & Associates, Inc.® (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Today, its ProfitStars® division announced the availability of Gladiator® Virtual Information Security Officer(vISO). These services provide financial institutions ongoing access to Gladiator certified experts with the knowledge and experience to help them develop, implement, and maintain a scalable information security program.

In the current cybersecurity environment, it can be difficult for financial institutions to find the level of information security expertise necessary to meet ever-changing regulatory, compliance, and business-driven demands. Even when potential employees with the appropriate certifications and experience are secured, it is often difficult and expensive to maintain their employment. Gladiator vISO services allow financial institutions to deepen the breadth of knowledge and expertise on their team, while adding a layer of independence between information technology and information security activities.

Sue Ozburn, EVP and chief information officer of Cashmere Valley Bank, explained, "The geographical restraints of our central Washington-based bank made it challenging to recruit the right talent for today's complex security landscape. With Gladiator vISO, we're able to harness top talent in a cost effective, productive way. The Gladiator experts help us prioritize our tasks and define best security practices on an ongoing basis, helping ensure that proper reviews, reporting and testing are all completed efficiently and on time. Jack Henry & Associates is one of our most important technology partners, and we're confident in Gladiator's ability to keep our infrastructure protected." 

Gladiator vISO includes regular monthly or quarterly meetings with the Gladiator team to discuss changes to the security landscape, regulatory concerns, overall security strategy and recommendations on topics to talk over with the board of directors. This thorough collaboration and planning helps ensure that financial institutions' operations are in line with their overall risk strategies.

Russ Bernthal, president of ProfitStars, commented, "Regulatory guidance and overall vigilance require financial institutions to address the role of an Information Security Officer. Meeting this demand through a trusted partner alleviates the burden of competing for this very specific skill set. Gladiator Virtual Information Security Officer is another great example of how ProfitStars is working with financial institutions to meet regulatory, compliance, and security demands with ease and efficiency. The scalable offering gives banks and credit unions of all sizes the ability to better address security requirements and meet industry best practices."

About ProfitStars
As a diverse, global division of Jack Henry & Associates, Inc.® (JHA), ProfitStars® combines JHA's solid technology background with the latest breakthroughs in six performance-boosting solution groups - Financial Performance, Imaging, JHA Payment Solutions, Information Security & Risk Management, Retail Delivery, and Online & Mobile. Explore the power of ProfitStars-enhanced performance at www.profitstars.com.

About Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc.® (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its solutions serve approximately 10,000 customers nationwide, and are marketed and supported through three primary brands. Jack Henry Banking® supports banks ranging from community banks to multi-billion dollar institutions with information processing solutions. Symitar® is a leading provider of information processing solutions for credit unions of all sizes. ProfitStars® provides highly specialized products and services that enable financial institutions of every asset size and charter, and diverse corporate entities to mitigate and control risks, optimize revenue and growth opportunities, and contain costs. Additional information is available at www.jackhenry.com.

Statements made in this news release that are not historical facts are forward-looking information. Actual results may differ materially from those projected in any forward-looking information. Specifically, there are a number of important factors that could cause actual results to differ materially from those anticipated by any forward-looking information. Additional information on these and other factors, which could affect the Company's financial results, are included in its Securities and Exchange Commission (SEC) filings on Form 10-K, and potential investors should review these statements. Finally, there may be other factors not mentioned above or included in the Company's SEC filings that may cause actual results to differ materially from any forward-looking information.

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SOURCE Jack Henry & Associates, Inc.

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