LTM Partners with Cognition to Enhance Cybersecurity in Financial Services

LTM, which serves 260 clients including 26 Fortune 500 companies and 5 of the top global banks, has partnered with AI software provider Cognition to enhance cybersecurity in the financial services sector. The collaboration focuses on the launch of BlueVerse RightLogic, a managed service aimed at reducing vulnerability backlogs and automating remediation processes. The Devin Security Swarm tool is expected to deliver a 30% lower cost for vulnerability detection compared to existing alternatives, addressing the significant 10–100x increase in security findings faced by security teams. Gardner Johnson, VP of Global Partnerships at Cognition, emphasized that the partnership allows security teams to transition from merely reporting issues to effectively resolving them at an enterprise scale. Harsh Naidu, Chief Business Officer for Banking & Financial Services at LTM, noted that the initiative aims to clear 80% of the enterprise CVE backlog, improving upon the previous 60% clearance rate. This partnership follows a trend of increasing AI adoption in the financial services sector, where organizations are under pressure to enhance security while fostering innovation.