The New South Wales Government has launched its digitised trade licences for the Service NSW digital wallet, developed by Sydney MSP Secure Logic.
The licences, initially with the NSW digital white card, are the newest digitised identification cards available for NSW citizens, following the recent launches of the digital driver’s licence and the currently on-trial digital photo ID.
Like the other two licenses, the digital white card was developed through Secure Logic’s TrustGrid digital identity ecosystem. TrustGrid has since been spun off as a separate company, after Secure Logic was acquired by Tesserent
“We are pleased that we have been able to provide so much functionality out of what we have built, using the TrustGrid digital ecosystem,” Secure Logic executive chairman and TrustGrid CEO Santosh Devaraj said.
Secure Logic s Santosh Devaraj launches new venture TrustGrid crn.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crn.com.au Daily Mail and Mail on Sunday newspapers.
Tesserent
Ltd(ASX: TNT) share price has had an eventful day so far with the company releasing 3 major announcements to the market in the past 24 hours.
Starting with the latest announcement first, the cybersecurity company said it has acquired yet another cybersecurity business, this time with government connections.
Tesserent has also made a deal to increase the amount of money the company can borrow. And finally, the company announced its admission to the ASX
All Ordinaries Index (ASX: XAO) after the closing of trade yesterday.
All this news has made it an interesting day for the Tesserent share price, which plunged by 3% after opening but has since bounced back.
IT security specialist Secure Logic has sold its managed services business to ASX-listed security services firm Tesserent for $10.75 million and 42 million shares.
The deal will bolster Tesserent’s Government division and provide access to a 24x7 security operations centre in Sydney.
Secure Logic has existing relationships with the New South Wales Government and a number of Federal Government departments and agencies. It also has some international and domestic corporate and financial institutions as customers.
“I welcome Secure Logic to the Tesserent group, strengthening our position as the leading provider of Government-focused cybersecurity solutions and services in Australia and New Zealand,” Tesserent chairman Geoff Lord said.
Tesserent acquires Secure Logic s MSSP unit in A$22M deal arnnet.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arnnet.com.au Daily Mail and Mail on Sunday newspapers.