Sontiq, which works to make its clients less susceptible to the effects of identity theft and cybercrimes, has teamed with Zions Bancorporation for a referral collaboration, according to a Thursday (June 17) announcement.
To that end, Zions’ Business Complete marketplace will include Sontiq’s Business Suite. The marketplace, for its part, is a digital platform showcasing offerings that are created to “designed to help improve the efficiency and financial wellness” of small companies.
Sontiq President and CEO Brian J. Longe said in the announcement that interest in the suite has dramatically risen during the last year.
“Cyber concerns and identity fraud are now universal among businesses — it’s no longer a worry singularly reserved for large enterprises or those with a massive number of employees,” Longe said in the announcement. “We’re seeing cybercriminals adapt their strategies and methods to target small businesses and their employees more frequently.”
Small businesses will be able to access the suite by the way of Zions Bancorporation subsidiary brands, which include Amegy Bank, Zions Bank, National Bank of Arizona, California Bank & Trust, Vectra Bank and Nevada State Bank.
The suite’s functionalities include continual monitoring of the dark web for a small business’s data, among other capabilities.
“Beyond providing financial services and support, it is our goal to connect small business customers with well-rounded and valuable resources that help them succeed long-term,” Wes Barkell, senior vice president of Retail Specialty Products at Zions, said in an announcement. “With Sontiq’s identity theft and mobile cybersecurity protection, we believe that Zions’ small business customers will be better protected against the myriad of cyber threats they face every day.”
Even though that large corporates that turn into victims of high-profile cyberattacks may dominate the news, PYMNTS reported that small and medium-sized businesses (SMBs) are also suspectable to business email compromise (BEC), ransomware and other kinds of cyberattacks, keeping professionals on their toes.