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Thursday, May 26, 2022

SilverSun Technologies Inc. (NASDAQ: SSNT) stock soars in the pre-market. Here’s what you should know?

In the pre-market trading session the SilverSun Technologies Inc. (NASDAQ: SSNT) stock surged by 6.56% after rising by 1.21% at last close. The current rise in SSNT share price is not followed by any recent news. SSNT is a business application, technology, and consultancy firm that develops applications and IT solutions to address the information, technology, and business management needs of our clients. Customers can monitor, secure, and monetize their business assets using SSNT’s services and technology, whether on-premise or in the cloud.

Recent Past Development

On April 7, 2021, SilverSun Technologies announced the formation of an IT security and enforcement division through its wholly-owned subsidiary, SWK Technologies, Inc. SWK’s 5000+ clients will benefit from the new practice, which will help them fulfill or surpass regulatory enforcement obligations. SWK’s integrated service provider provides cyber-security, enterprise continuity, disaster recovery, web hosting, support desk, and cloud services, and has been added to CRN’s Managed Service Provider (MSP) 500 list in the Elite 150 group over the past five years. The new security and enforcement division is the next step toward delivering forward-thinking and creative approaches to regulated services

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Mark Meller, CEO of both SilverSun and SWK, commented:

There is nothing that is more important to SSNT than the stability of their clients’ networks. We all know that protection and enforcement are inextricably linked, but many businesses struggle to install, manage, and secure their technologies. State and federal laws can seem to be complicated and resource-intensive, but they must be followed. Suits from affected parties or steep fines from a government agency can endanger an organization’s survival in the event of a deliberate or unintentional data breach.

Meller went on to state that their new division would assist customers with developing a robust information technology policy that will help them identify the challenges, dangers, and possible consequences to their companies. SWK will conduct investigations to assess the customer’s actual level of regulatory enforcement, as well as remediation for vulnerabilities discovered on devices, guidance on practical measures to ensure compliance, and other resources to protect the customer’s primary infrastructure. With the current climate, SSNT anticipates that this will continue to be a high-demand service for our customers for many years.

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