LA MESA, Calif. — Cybersecurity firms Stickley on Security and VYFI have merged to create a combined organization focused on cybersecurity awareness, information security, compliance and regulatory readiness services for credit unions, banks, fintechs and other organizations, the companies announced.
According to the two companies, the merger brings together Stickley on Security’s cybersecurity education and training expertise with VYFI’s specialization in information security, governance, compliance and risk management.
Financial terms of the transaction were not disclosed.
Under the new structure, Stickley on Security founder Jim Stickley will serve as chief executive officer, while VYFI President and CEO Alan W. Ropes will assume the role of chief operating officer. The companies said the combined organization brings together more than 200 years of collective experience in information security, compliance and governance.
‘Mission is Clear’
“Our mission is clear: enable financial institutions, regardless of asset size, to achieve and maintain regulatory compliance with confidence,” Ropes said in a statement. “We feel our merger with Stickley on Security greatly enhances this mission and we are excited for what the future holds.”
Stickley said the merger will expand the organization’s ability to help institutions address cybersecurity threats through training, education and risk management services.
“At Stickley on Security, we have always believed that effective training is more than checking a box,” Stickley said. “It’s about inspiring real understanding and lasting behavior change. Our programs help employees and consumers recognize cybersecurity risks and confidently apply best practices in their daily work and personal lives.”
Range of Services
The combined company said it will offer a range of services to financial institutions, including:
- Advanced security assessments and penetration testing.
- Advisory and risk assessment services.
- Compliance and program management.
- Business continuity and organizational resiliency planning
- Employee cybersecurity training and education.
- Consumer and member cybersecurity education.
- Malicious domain monitoring and takedown services.
“We are excited to deliver a broader, more integrated set of services that protect institutions, empower teams and strengthen the communities these organizations serve,” Stickley said.
Expanded Suite Cited
According to the companies, the merger is intended to provide financial institutions with a more comprehensive suite of cybersecurity, compliance and governance solutions as regulatory expectations and cyber threats continue to evolve.
Founded in 2007, Stickley on Security provides cybersecurity education, training and consulting services to financial institutions and organizations nationwide. VYFI is a credit union service organization, or CUSO, that specializes in security audits, assessments and vulnerability identification for financial institutions.
