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Verint and Scitum, a Telmex Mexico Affiliate, Announce Strategic Partnership to Help Protect Mexican Organizations Against Advanced Cyber Attacks

Mon Oct 12, 2015

Leading Mexican Managed Security Service Provider (MSSP) to Offer Best-of-Breed Cyber Security-as-a-Service Using Verint's Threat Protection System

MELVILLE, N.Y., October 12, 2015 Verint® Systems Inc. (NASDAQ: VRNT) and Scitum, a premier Managed Security Service Provider (MSSP) in Mexico—and an affiliate company of Telmex, the largest telecommunications service provider in Mexico—today announced a partnership aimed at protecting government organizations and enterprises in Mexico against advanced cyber threats. The strategic partnership merges Verint’s market-leading cyber intelligence capabilities with Scitum's best-of-breed managed services expertise.

The next-generation Verint Threat Protection System was specifically designed to help address the limitations of traditional security approaches in combating today’s advanced and sophisticated cyber-attacks. The solution provides organizations with comprehensive detection, prioritization, investigation and protection from advanced cyber-attacks. As a pre-integrated intelligence platform, the Verint solution helps Security Operational Center (SOC) analysts pinpoint, analyze and neutralize threats more rapidly. Innovative orchestration and automation capabilities function as a “brain,” powering intelligence sharing for better threat detection across the stages of the attack cycle. In addition, the Verint Threat Protection System creates actionable intelligence that provides deeper insights, enabling security teams to better anticipate threats and be prepared to respond.

Scitum is the largest provider of managed security services in Mexico and one of the leaders in Latin America with a rapidly growing customer base of over 700 companies. “We are delighted to be able to offer our customers a state-of-the-art cyber security intelligence solution through our new partnership with Verint,” says Ulises Castillo Hernández, CEO at Scitum. “This partnership will help us meet the increasing market demand for high-end, security-as-a-service solutions that can help effectively detect, investigate and protect against advanced cyber-attacks.”

The Verint Threat Protection System will operate in Scitum’s Security Operations Center, which was the first such operation of its kind in Mexico, and which now comprises more than 200 specialized security engineers and analysts. Scitum will use Verint’s open and scalable solution in conjunction with its current tools to improve the effectiveness and productivity of its SOC analysts in countering advanced cyber-attacks.

“Verint's extensive experience in security intelligence and big data analytics differentiates its cyber intelligence platform from other security vendors. Through this partnership, we are able to offer our customers a level of cyber security that Verint previously made available only to government and intelligence agencies, all in a single managed service,” explains Marcos A. Polanco Velasco, CTO at Scitum. “As a result, our customers are able to enjoy enhanced protection against advanced cyber threats, significantly reducing their risk and potential financial and reputation damage from data breaches. Working with Verint, we can quickly pinpoint threats and reduce time to resolution, while sharing threat intelligence based on insights gleaned across the organization.”

“As part of our global cyber market strategy, we partner with industry-leading MSSPs, such as Scitum, to bring our best-of-breed cyber intelligence technologies and big data analytics approach to government and enterprises worldwide,” adds Hudi Zack, senior vice president, cyber security, Verint. “This partnership with Scitum reinforces the value that the Verint Threat Protection System can bring to MSSPs and their customers.”

About Scitum

Scitum is the largest integrated information security company in Mexico and other Latin American countries. Scitum's approach is aimed at covering the needs of customers and providing a variety of services related to security and managed services. Scitum is a part of Telmex and Grupo Carso, and provides services in the design, implementation, and management of infrastructures of security of information; consulting services, and integration of security, performance, and availability to create safe surroundings; and offers administered services. Scitum was founded in 1998, has over 500 employees. Learn more at www.scitum.com

About Verint Systems Inc.

Verint® is a global leader in Actionable Intelligence®, which has become a necessity in a dynamic world of massive information growth. By empowering organizations with crucial insights, Verint solutions enable decision makers to anticipate, respond and take action, and make more informed, effective and timely decisions. Our solutions are designed to address three important areas of the actionable intelligence market: customer engagement optimization; security intelligence; and fraud, risk and compliance. Verint’s vision is to create A Smarter World with Actionable Intelligence®, and today, more than 10,000 organizations in over 180 countries—including over 80 percent of the Fortune 100—already benefit from this vision. Learn more at www.verint.com and NASDAQ: VRNT. 

This press release contains "forward-looking statements," including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on management's expectations that involve a number of risks, uncertainties and assumptions, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the fiscal year ended January 31, 2015, our Quarterly Report on Form 10-Q for the quarter ended July 31, 2015, and other filings we make with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, Verint assumes no obligation to update or revise them or to provide reasons why actual results may differ.

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