Business

Omagh-based IT firm LoughTec lands cyber-security contract with Iceland's Landsbankinn

LoughTec is based at the Bankmore Business Park in Omagh.
Ryan McAleer

CO Tyrone IT firm LoughTec has secured a new cyber-security contract with Icelandic bank Landsbankinn.

The three-year deal will see the Omagh-based IT infrastructure specialist’s cyber-security suite used across the bank’s operations to identify, detect and remediate advanced security threats from data and devices on their enterprise network.

Headquartered in Reykjavik, Landsbankinn employs around 800 people across 36 branches, providing banking for 130,000 customers.

LoughTec said it will work alongside its technology partner OPSWAT on the contract.

Chief executive, Seán McDermott, said, “We are delighted to be working with Landsbankinn to implement a number of our IT security solutions.

“They are a market leader in Iceland’s financial services sector, so we look forward to working strategically with their internal IT team in the coming years to further improve their IT security.”

Hakon Akerlund, IT security manager at Landsbankinn, added: “We at Landsbankinn look forward to working with LoughTec over the next three years.

“The OPSWAT technology stack has given us an additional layer to our current security and enabled us to give our customers the same experience online as they can have at a branch office.

“The entire OPSWAT stack was efficient to implement and integrated seamlessly with our current application programming interface (API), without any development requirements.”

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