NCC Group strengthens FinTechs’ cyber resilience with Ashurst FinTech Legal Labs partnership

Global cyber security and risk mitigation expert, NCC Group, has partnered with Ashurst FinTech Legal Labs, the business accelerator programme provided by global law firm Ashurst, to strengthen cyber resilience across FinTech businesses by collaborating on legal, innovation and cyber security initiatives.

Through the partnership, NCC Group will coordinate a data and privacy stream at Ashurst’s FinTech Legal Labs, an intense accelerator programme designed specifically for FinTechs that provides targeted legal support, access to potential investors and specialist advice from relevant subject matter experts.

NCC Group will also share its specialist cyber security knowledge with Ashurst by identifying, feeding back on and inputting into prospective start-up and scale-up businesses operating in technology and financial services.

In return, NCC Group will have access to the FinTech Legal Labs ecosystem of institutions and FinTech businesses. Both parties will work together to influence a wider set of stakeholders to address cyber security in the financial services sector, ensuring that FinTech start-ups and scale-ups are incorporating security by design from the very beginning.

Sara de la Torre, Head of Financial Services and Insurance at NCC Group, said: “This partnership is a step forward in our commitment to making the global financial services sector safer and more secure. FinTechs maintain and exchange a wealth of valuable data including PII, credit card and banking information, making them a target for threat actors and attracting attention from regulators. Through our partnership with Ashurst FinTech Legal Labs, we look forward to helping FinTechs to scale up with confidence around cyber risk and legal issues, enabling the sector to thrive.”

Abradat Kamalpour, Partner and Architect of FinTech Legal Labs at Ashurst, said: “We are excited to partner with NCC Group in an effort to deliver value to our FinTech Legal Labs cohorts. Cyber resilience and compliance with data and privacy regulations are vital for FinTechs’ business continuity, and NCC Group’s global expertise will be invaluable in helping them to consider and prepare for these important challenges.”

ENDS

About NCC Group

NCC Group exists to make the world safer and more secure.

As global experts in cyber security and risk mitigation, NCC Group is trusted by over 15,000 customers worldwide to protect their most critical assets from the ever-changing threat landscape.

With the company’s knowledge, experience and global footprint, it is best placed to help businesses assess, develop and manage the evolving cyber risks they face.

To support its mission, NCC Group continually invests in research and innovation, and is passionate about developing the next generation of cyber scientists.

With over 1,800 colleagues in 12 countries, NCC Group has a significant market presence in North America, Europe and the UK, and a rapidly growing footprint in Asia Pacific with offices in Australia, Japan and Singapore.

About Ashurst

Ashurst is a leading global law firm with world class capability and a prestigious global client base. The firm's in-depth understanding of its clients and commitment to providing exceptional standards of service has seen it become a trusted adviser to local and global corporates, financial institutions and governments on all areas of commercial law. The firm's people are its greatest asset and it brings together lawyers of the highest calibre with the technical knowledge, industry experience and regional know-how to provide the incisive advice clients need.

Ashurst has 29 offices in 16 countries and offers the reach and insight of a global network, combined with the knowledge and understanding of local markets. With 400 partners and a further 1,600 lawyers working across 11 different time zones, the firm is able to respond to clients wherever and whenever required. As a global team, Ashurst has a reputation for successfully managing large and complex multi-jurisdictional transactions, disputes and projects and delivering outstanding outcomes for clients.