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PRESS RELEASE — Westford, Mass., May 15, 2018—Seceon, the only threat detection and management company to visualize, detect, and eliminate cyber threats in real-time, today introduces aiMSSP™, a new solution born out of Seceon’s award-winning Seceon Open Threat Management (OTM) Platform. Seceon’s aiMSSP enables managed security services providers (MSSPs) to deliver comprehensive, affordable security services to enterprises and SMBs and maximize revenue-generating opportunities for providers.
“Overwhelmed by the breadth, depth, frequency and complexity of threats in the current landscape, enterprises and SMBs are increasingly turning to MSSPs to deliver the capabilities, skills, time and resources they lack,” said Chandra Pandey, Founder and CEO of Seceon. “aiMSSP gives managed security service providers the ability to address a wide range of client cybersecurity requirements at speed and scale, delivering data protection and differentiated services on their path to profitability.”
Path to Profitability
Over 60 percent of SMBs go out of business should they be attacked by cyber criminals. Cyber-attacks, such as ransomware and DDoS, specifically target smaller, more vulnerable businesses with a lack of security expertise and fragile infrastructure. Many businesses are turning to MSSPs to provide managed services which are evolving to address these challenges. MSSPs provide remote ‘outsourced’ monitoring of security events and management of security devices, such as, firewalls and intrusion detection. They provide a shield of protection that small-to-medium businesses need for their very existence.
Seceon aiMSSP provides MSSPs with the ability to offer outsourced security operations center (SOC) services for the enterprise, which includes 24×7 security monitoring, threat intelligence, detection and remediation in real-time, at nominal and predictable linear costs. Its “SOC-in-a-Box” capabilities allow MSSPs to expand current service offerings while bringing advanced threat detection and mitigation capabilities to small-to-medium businesses.
MSSPs Launch New Services with Seceon
Netswitch: “Netswitch is ecstatic to partner with Seceon to construct SecurliPaaS’ Trending Analysis for early detection and preventive responses by leveraging the OTM platform with its holistic approach of threat hunting and in-depth analytic capabilities,” said Stanley LI, Chief Executive Officer, President and Director of Netswitch. “Together, we helped our clients to reduce indicators of compromise (IOC) by an average of 86 percent, while also reducing the cost of managing and maintaining our customer SIEM solution by an average of 50 percent.”
Richard Fleischman & Associates: “Leveraging Seceon’s aiMSSP solution, we are now processing more than 200 million events per day with an extremely low rate of false positives and have increased the efficiency of our IT and SOC personnel by 37 percent. Moreover, our SOC analysts are able to research valid alerts faster and considerably reduce Mean-Time-To-Response (MTTR) for our customers,” said Grigoriy Millis, Chief Technology Officer for Richard Fleischman & Associates, trusted technology partner to over 600 clients globally, with more than $900 billion in total assets under management. “The improvements in security posture, the ease of installation and integration, and the ability for …