VersaBank launched DRT Cyber Inc., a new Washington, D.C.-based subsidiary. DRT Cyber will identify significant cyber security threats and develop innovative solutions to address the rapidly growing cyber threats facing financial institutions, multinational corporations as well as government entities. With the ever increasing cyber threats to financial services, corporations and government entities, DRT Cyber will follow in the innovative path on which VersaBank was founded and focus on developing innovative cyber security solutions for the ever expanding digital world.

The company named Governor Tom Ridge as Chairman of DRT Cyber. Gov. Ridge is Chairman of Ridge Global LLC. He provides clients with solutions to cyber security, international security and risk management issues.