NEWTOWN, Pennsylvania, Sept. 17, 2018 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading global provider of digital platform engineering and software development services, today announced that it will partner with Positive, a premier cybersecurity consulting and research firm, on a research-driven Cybersecurity R&D Lab. The Lab will address the evolving need for advanced consulting capabilities in the fast-growing area of cybersecurity, and conduct much-needed research in the areas of security solutions and services, as well as establish a network of both internal and external experts.
As data breaches occur more frequently and the associated costs continue to rise, cybersecurity is becoming increasingly critical to every company in the world. To help its customers safeguard their data, the Cybersecurity R&D Lab, operating as part of EPAM's network of Garages, will contribute to global cybersecurity community research and complement EPAM's capabilities across a range of information security domains.
"We see our clients facing increased challenges in ensuring security and compliance across their enterprise landscapes. These challenges become especially pressing as the areas of Infrastructure, Cloud and Application Development converge into blended models of developing and delivering products and services," said Yuriy Goliyad, Head of Global Operations, EPAM. "By focusing our efforts in this urgent and diverse area, and opening up the research to partners, clients and leading experts in the field, we are creating a much more expansive and deep capability in cybersecurity."
"Cybercriminals can uncover vulnerabilities in all digital operations, from individual activities to conglomerates and critical infrastructure providers, and that's why cybersecurity is so important," said Andrew Bershadsky, CTO and Co-Founder, Positive. "We are pleased to partner with EPAM in this effort to help advance its cybersecurity capabilities and develop industry-leading solutions that will enable companies to optimize security."
The new Cybersecurity R&D Lab will be showcased at EPAM's global Software Engineering Conference (SEC) on September 22nd in Minsk, Belarus. Check it out here.
About EPAM Systems
Since 1993, EPAM Systems, Inc. (NYSE: EPAM) has leveraged its software engineering expertise to become a leading global product development, digital platform engineering, and top digital and product design agency. Through its 'Engineering DNA' and innovative strategy, consulting, and design capabilities, EPAM works in collaboration with its customers to deliver next-gen solutions that turn complex business challenges into real business outcomes. EPAM's global teams serve customers in over 25 countries across North America, Europe, Asia and Australia. EPAM is a recognized market leader in multiple categories among top global independent research agencies, and was one of only four technology companies to appear on each of the Forbes 25 Fastest Growing Public Tech Companies lists between 2013 and 2017. Learn more at http://www.epam.com/ and follow us on Twitter @EPAMSYSTEMS and LinkedIn.
The Positive team unites dozens of world-class experts in protection of devices and infrastructures. Their mission: to bring the benefits of security to all areas of life and business. The Positive ecosystem of technologies and services leverages the latest techniques in fields such as machine learning to make today's digital society more resilient to cyberattacks and other threats. These breakthroughs are the result of years of research and field experience in information security, IT/OT convergence, software vulnerability analysis, and incident investigation. Experts at Positive provide consulting services for web and mobile applications, ERP, ICS/SCADA, IoT, telecom networks, banking systems, and ATMs. The company's technology portfolio includes cloud and on premise application security solutions for comprehensively securing web applications at all stages of the software lifecycle, from pre-development to live production. A number of cloud services from the company, free of charge, provide the tools needed to evaluate and improve the security of applications in diverse environments (including testbeds) and industries.
This press release includes statements which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events that may not prove to be accurate. Factors that could cause actual results to differ materially from those expressed or implied include general economic conditions and the factors discussed in our most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. EPAM undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities law.