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Evergreen Services Group to Enter MSSP Market with Agreement to Acquire VirtualArmour

Evergreen Services Group to Enter MSSP Market with Agreement to Acquire VirtualArmour

VirtualArmour was taken private in Q3 2021. These legacy press releases are kept online for informational purposes. VirtualArmour is a proud member of the Evergreen Services Group family of companies.

Denver, CO – Evergreen Services Group, a family of leading managed IT services companies, announced today that it has entered into a definitive agreement to acquire substantially all the operating assets of VirtualArmour, a leading global managed security services provider (MSSP). The transaction is expected to close later in the second quarter or early in the third quarter of 2021, at which time the company will continue to operate independently under its existing leadership team led by CEO Russ Armbrust. 

“We are excited to expand our cybersecurity capabilities by joining forces with VirtualArmour,” said Jeff Totten, Evergreen’s CEO. “From our first interaction, we were impressed by Russ, the VirtualArmour team and the company they have built. We look forward to partnering with the VirtualArmour team to bring a comprehensive managed cybersecurity offering to Evergreen’s customers.”

“Evergreen is a proven growth partner which will bring long-term vision and resources to support our growth while we continue independent operations,” said Armbrust. “Evergreen will enable us to continue providing great service to our customers while we expand our capabilities in furtherance of our mission to be the industry’s leading provider of managed security services.” 

In VirtualArmour, Evergreen sees the opportunity to enhance its capabilities in the rapidly growing cybersecurity services market that is highly complementary to Evergreen’s portfolio of MSPs. Through its Security Operations Center as a Service (SOCaaS) offering, professional services and best-in-class cybersecurity offerings, VirtualArmour manages the entire security lifecycle, from initial assessment to implementation and remediation.    

“VirtualArmour’s success stems from our absolute dedication to client satisfaction and world-class service. With Evergreen’s investment, we are further affirmed in the quality of our company, our team, and our abilities as a premier cybersecurity managed services provider.” said CTO Andrew Douthwaite. “It will be exciting to continue building VirtualArmour with our new partner Evergreen!” 

“With the ever-increasing importance of cybersecurity for all businesses, we knew we wanted to find an MSSP to partner with, and we think VirtualArmour is a perfect fit,” said Ramsey Sahyoun, Evergreen’s Head of M&A. “We’re excited to support VirtualArmour in growing its business alongside our MSPs and expanding the company’s partner program.”

VirtualArmour follows Evergreen’s acquisition of 28 managed IT providers since 2018. Evergreen continues to actively invest in leading IT service providers throughout North America, where it can serve as a long-term capital partner and support future growth. Capstone Partners, an independent, full-service middle market investment bank, acted as the exclusive financial advisor to VirtualArmour.

About VirtualArmour

VirtualArmour is a global managed security services provider founded in 2001 by a team of networking and security industry experts. VirtualArmour specializes in advanced networking and cybersecurity, serving mid-market and enterprise customers across the US and Europe through managed services, professional services and hardware/software resell. The company’s services operate through its global Security Operations Centers (SOC) located in Middlesbrough, UK and the United States. For more information about VirtualArmour, visit www.virtualarmour.com.

About Evergreen Services Group

Evergreen Services Group is a family of leading managed IT and cybersecurity services companies operated by world-class leadership teams. Evergreen partners with owners of IT services companies to provide operational assistance and capital in support of growth and exceptional service delivery. Evergreen differentiates itself by providing a permanent home for businesses that care deeply about their customers and employees. For more Evergreen Services Group news and information, visit www.evergreensg.com.

Contact:

Evergreen Services Group
Ramsey Sahyoun, (415) 591-1318
Head of M&A
[email protected]

Evergreen Services Group to Enter MSSP Market with Agreement to Acquire VirtualArmour

VirtualArmour Wins $595k Managed SIEM, Endpoint Detection & Response Contract with High-tech Manufacturing Client

VirtualArmour was taken private in Q3 2021. These legacy press releases are kept online for informational purposes. VirtualArmour is a proud member of the Evergreen Services Group family of companies.

FOR IMMEDIATE RELEASE
October 12, 2020

Contact: Elise Silagy
Marketing Coordinator
[email protected]

VirtualArmour Wins $595k Managed SIEM, Endpoint Detection & Response Contract with High-tech Manufacturing Client

Denver, CO, October 2020: VirtualArmour International Inc. (CSE:VAI) (OTCQB:VTLR), cybersecurity managed services provider, has won the contract to manage a new manufacturing client’s SIEM and Endpoint  Detection & Response. This contract will include managed cybersecurity services and a major QRadar Cloud &  Crowdstrike hardware/software refresh to the manufacturing client’s network. The total contract value is $595,000 over a 1-year period.  

Tianyi Lu, VirtualArmour VP of Product, is excited to announce, “We are greatly looking forward to this new partnership with a client in the high-tech manufacturing industry. As 2020 comes to a close, we continue to see  new business and a need for our services across many growing industries.”  

VirtualArmour CEO, Russ Armbrust explains, “Remote work has forever changed how IT departments and cybersecurity teams need to approach endpoints, with consideration of how organizations are allowing employees to use their own personal devices. Securing these endpoints is critical, especially when they have access to sensitive customer or company data. In the high-tech manufacturing industry, it is more important  than ever to protect data, we feel that this new client came to us because our team of expert cybersecurity  engineers can ensure a safe online environment and the protection they need.” Managed service contracts to  be covered include: 

Endpoint Detection & Response 

Our next-generation endpoint protection solutions provide continuous breach protection. We provide constant prevention, detection, visibility, and intelligence, so our clients can be protected before, during and even after a  breach. 

Managed SIEM 

Creation and management of all rules and policies in the SIEM environment based on the needs of our client.  Full incident detection and remediation/recommendations will be provided, as well as asset detection and monitoring as assets enter and leave the network.  

VirtualArmour offers end-to-end project management and support for the duration of these projects led by professionals with experience in Managed SIEM and Endpoint Detection & Response projects of equal or greater size. VirtualArmour also ensures a consistent review, knowledge transfer, handover and operational success of the new network architecture to the client.  

About VirtualArmour 

VirtualArmour is a global Managed Security Services Provider (MSSP) that delivers custom security services tailored to meet the needs of our clients. VirtualArmour manages the entire security lifecycle, from initial  alerting to the investigation phase to resolution. Visit us at www.virtualarmour.com

VirtualArmour Wins $1.7M Managed SIEM & Vulnerability Scanning Contract with Healthcare Client

VirtualArmour was taken private in Q3 2021. These legacy press releases are kept online for informational purposes. VirtualArmour is a proud member of the Evergreen Services Group family of companies.

FOR IMMEDIATE RELEASE
July 17, 2020
Download as PDF

Contact: Elise Silagy
Marketing Coordinator
[email protected]

VirtualArmour Wins $1.7M Managed SIEM & Vulnerability Scanning Contract with Healthcare Client

Denver, CO, June 2020: VirtualArmour International Inc. (CSE:VAI) (OTCQB:VTLR), cybersecurity managed services provider, has won (2) contracts to manage a healthcare client’s SIEM and Vulnerability Scanning. The contracts will include professional and managed cybersecurity services as well as a major hardware/software refresh to the healthcare client’s network. VirtualArmour was able to provide a special financing option to defer payments on managed service costs until 2021. The total contract value is $1,700,000 over a 3-year period. 

Chad Schamberger, VirtualArmour VP of Operations, mentions, “Through our Managed SIEM offering, the client will be provided healthcare specific use cases that address security compliance standards from HIPAA. Our Vulnerability Scanning offering will provide the client with greater visibility into surface attacks, enhanced patch management and threat detection.” Managed service contracts to be covered include: 

Vulnerability Scanning Vulnerability reports generated from this offering will be utilized to gauge risk associated with known vulnerabilities and threats, which will help the client prioritize a patching schedule and/or emergency patches. 

Managed SIEM Creation and management of all rules and policies in the SIEM environment based on the needs of our client. Full incident detection and remediation/recommendations will be provided, as well as asset detection and monitoring as assets enter and leave the network. 

VirtualArmour offers end-to-end project management and support for the duration of these projects led by professionals with experience in Managed SIEM and Vulnerability Scanning projects of equal or greater size. VirtualArmour also ensures a consistent review, knowledge transfer, handover and operational success of the new network architecture to the client. VirtualArmour CEO, Russ Armbrust states, “As with many industries, the healthcare industry is highly driven by compliance from HIPAA to receive funding. VirtualArmour has become the trusted advisor when it comes to security compliance.” 

About VirtualArmour VirtualArmour is a global Managed Security Services Provider (MSSP) that delivers custom security services tailored to meet the needs of our clients. VirtualArmour manages the entire security lifecycle, from initial alerting, to the investigation phase to resolution. Visit us at www.virtualarmour.com 

[/cs_text][/cs_element_layout_column][/cs_element_layout_row][/cs_element_section][/cs_content][cs_content_seo]FOR IMMEDIATE RELEASE
July 17, 2020
Download as PDF
Contact: Elise Silagy
Marketing Coordinator
[email protected]
VirtualArmour Wins $1.7M Managed SIEM & Vulnerability Scanning Contract with Healthcare Client
Denver, CO, June 2020: VirtualArmour International Inc. (CSE:VAI) (OTCQB:VTLR), cybersecurity managed services provider, has won (2) contracts to manage a healthcare client’s SIEM and Vulnerability Scanning. The contracts will include professional and managed cybersecurity services as well as a major hardware/software refresh to the healthcare client’s network. VirtualArmour was able to provide a special financing option to defer payments on managed service costs until 2021. The total contract value is $1,700,000 over a 3-year period.
Chad Schamberger, VirtualArmour VP of Operations, mentions, “Through our Managed SIEM offering, the client will be provided healthcare specific use cases that address security compliance standards from HIPAA. Our Vulnerability Scanning offering will provide the client with greater visibility into surface attacks, enhanced patch management and threat detection.” Managed service contracts to be covered include:
Vulnerability Scanning Vulnerability reports generated from this offering will be utilized to gauge risk associated with known vulnerabilities and threats, which will help the client prioritize a patching schedule and/or emergency patches.
Managed SIEM Creation and management of all rules and policies in the SIEM environment based on the needs of our client. Full incident detection and remediation/recommendations will be provided, as well as asset detection and monitoring as assets enter and leave the network.
VirtualArmour offers end-to-end project management and support for the duration of these projects led by professionals with experience in Managed SIEM and Vulnerability Scanning projects of equal or greater size. VirtualArmour also ensures a consistent review, knowledge transfer, handover and operational success of the new network architecture to the client. VirtualArmour CEO, Russ Armbrust states, “As with many industries, the healthcare industry is highly driven by compliance from HIPAA to receive funding. VirtualArmour has become the trusted advisor when it comes to security compliance.”
About VirtualArmour VirtualArmour is a global Managed Security Services Provider (MSSP) that delivers custom security services tailored to meet the needs of our clients. VirtualArmour manages the entire security lifecycle, from initial alerting, to the investigation phase to resolution. Visit us at www.virtualarmour.com [/cs_content_seo]

VirtualArmour Wins $4.1M Managed Services Contracts with Data Center Client

VirtualArmour was taken private in Q3 2021. These legacy press releases are kept online for informational purposes. VirtualArmour is a proud member of the Evergreen Services Group family of companies.

FOR IMMEDIATE RELEASE
April 14, 2020
Download as PDF

Contact: Elise Silagy
Marketing Coordinator
[email protected]

VirtualArmour Wins $4.1M Managed Services Contracts with Data Center Client

Denver, CO, April 2020: VirtualArmour International Inc. (CSE:VAI) (OTCQB:VTLR), a cybersecurity managed services provider, has won (3) contracts to manage a client’s network architecture and engineering, tier 1 operations center support, and data center optimization. The total contract value is $4,139,500 over a 3 year period.

Andrew Douthwaite, VirtualArmour CTO, highlights, “We are really pleased that this new contract extends our service offerings with one of our longest standing clients. As we manage and operate this client’s infrastructure, provisioning new customers and keeping client office locations operational through growth, we are hopeful our client sees the value of multiple VirtualArmour service offerings, building a lasting relationship where both companies can grow together successfully.” Managed service contracts to be covered include:

Network Architecture & Engineering

Audit existing network infrastructure, topology and design, identify inefficiencies and/or bottlenecks, and implementation of network architecture and site migrations.

Operation Center Support

Provide first line operations support 24/7 at a reduced cost and higher technical value for a major international data center provider. Customized to how the client wants their support delivered, seamless experience to thousands of client’s end customers operating under the guise of the client look and feel.

Data Center Optimization

Newly built and acquired data center locations to be combined into one logical, functional datacenter to provide the client with optimized traffic flow and a scalable architecture of the new next-generation network platform.

VirtualArmour offers end-to-end project management and support for the duration of these projects led by professionals with previous experience in network migration projects of equal or greater size. VirtualArmour also ensures a consistent review, knowledge transfer, handover and operational success of the new network architecture to the client. Client President & Chief Revenue Officer states, “VirtualArmour has become our trusted advisor when it comes to the build out of our security network and infrastructure. Working closely with us as we grow through acquisition to ensure a smooth transition on to our network is invaluable. The high-touch managed support that we rely on 24/7/365 from VirtualArmour allows us to continue our growth while ensuring the security of our company and our clients.”

About VirtualArmour

VirtualArmour is a global Managed Security Services Provider (MSSP) that delivers custom security services tailored to meet the needs of our clients. VirtualArmour manages the entire security lifecycle, from initial alerting, to the investigation phase to resolution. Visit us at www.virtualarmour.com

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Important Cautions Regarding Forward Looking Statements

This press release may include forward-looking information within the meaning of Canadian securities legislation and U.S. securities laws. This press release includes certain forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, as well as management’s objectives, strategies, beliefs and intentions. The forward-looking information is based on certain key expectations and assumptions made by the management of VirtualArmour. Although VirtualArmour believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information as VirtualArmour cannot provide any assurance that it will prove to be correct.

Forward-looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the success of this partnership, the future deal potential from this partnership, future interest in such partnerships, competitive risks and the availability of financing. These forward-looking statements are made as of the date of this press release and VirtualArmour disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

[/cs_text][/cs_element_layout_column][/cs_element_layout_row][/cs_element_section][/cs_content][cs_content_seo]FOR IMMEDIATE RELEASE
April 14, 2020
Download as PDF
Contact: Elise Silagy
Marketing Coordinator
[email protected]
VirtualArmour Wins $4.1M Managed Services Contracts with Data Center Client
Denver, CO, April 2020: VirtualArmour International Inc. (CSE:VAI) (OTCQB:VTLR), a cybersecurity managed services provider, has won (3) contracts to manage a client’s network architecture and engineering, tier 1 operations center support, and data center optimization. The total contract value is $4,139,500 over a 3 year period.
Andrew Douthwaite, VirtualArmour CTO, highlights, “We are really pleased that this new contract extends our service offerings with one of our longest standing clients. As we manage and operate this client’s infrastructure, provisioning new customers and keeping client office locations operational through growth, we are hopeful our client sees the value of multiple VirtualArmour service offerings, building a lasting relationship where both companies can grow together successfully.” Managed service contracts to be covered include:
Network Architecture & Engineering
Audit existing network infrastructure, topology and design, identify inefficiencies and/or bottlenecks, and implementation of network architecture and site migrations.
Operation Center Support
Provide first line operations support 24/7 at a reduced cost and higher technical value for a major international data center provider. Customized to how the client wants their support delivered, seamless experience to thousands of client’s end customers operating under the guise of the client look and feel.
Data Center Optimization
Newly built and acquired data center locations to be combined into one logical, functional datacenter to provide the client with optimized traffic flow and a scalable architecture of the new next-generation network platform.
VirtualArmour offers end-to-end project management and support for the duration of these projects led by professionals with previous experience in network migration projects of equal or greater size. VirtualArmour also ensures a consistent review, knowledge transfer, handover and operational success of the new network architecture to the client. Client President & Chief Revenue Officer states, “VirtualArmour has become our trusted advisor when it comes to the build out of our security network and infrastructure. Working closely with us as we grow through acquisition to ensure a smooth transition on to our network is invaluable. The high-touch managed support that we rely on 24/7/365 from VirtualArmour allows us to continue our growth while ensuring the security of our company and our clients.”
About VirtualArmour
VirtualArmour is a global Managed Security Services Provider (MSSP) that delivers custom security services tailored to meet the needs of our clients. VirtualArmour manages the entire security lifecycle, from initial alerting, to the investigation phase to resolution. Visit us at www.virtualarmour.com
Important Cautions Regarding Forward Looking Statements
This press release may include forward-looking information within the meaning of Canadian securities legislation and U.S. securities laws. This press release includes certain forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, as well as management’s objectives, strategies, beliefs and intentions. The forward-looking information is based on certain key expectations and assumptions made by the management of VirtualArmour. Although VirtualArmour believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information as VirtualArmour cannot provide any assurance that it will prove to be correct.
Forward-looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the success of this partnership, the future deal potential from this partnership, future interest in such partnerships, competitive risks and the availability of financing. These forward-looking statements are made as of the date of this press release and VirtualArmour disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.[/cs_content_seo]

VirtualArmour Service Offering – Response to COVID-19 Business Continuity

VirtualArmour was taken private in Q3 2021. These legacy press releases are kept online for informational purposes. VirtualArmour is a proud member of the Evergreen Services Group family of companies.

Contact: Elise Silagy
Marketing Coordinator
[email protected]
Download as PDF

Denver, CO, March 2020: COVID-19 pandemic has forced a rapid shift in business to a remote workforce, something most companies were not prepared to do. With employees working from home for the first-time many IT departments are overwhelmed regarding their cybersecurity and the expansion of their Remote Access VPNs. While having employees work from home reduces the risk of spreading and contracting the virus, this also puts business data at risk to malicious security threats. An unprotected remote workforce increases a company’s chance of security threats and can lead to detrimental consequences for a business – some even being forced into bankruptcy. In order to protect the remote workforce and prevent data loss, businesses will need to keep a close eye on security or hire an outside Managed Security Services Provider (MSSP) to ensure their information is secure. VirtualArmour has expertise in supporting a work from home capability for our current customers and with the business shift, have experienced a major uptick in inbound requests to provide this capability.
Over the next several weeks, many businesses will be evaluating the steps they need to take to protect their business from security threats. VirtualArmour CEO, Russ Armbrust commented on the current economic situation, “We are seeing a huge shift in the business environment, I believe this is not only a short-term impact but the shift will become a long-term solution for a way to conduct business. I believe we will start to see many companies embrace the work from home lifestyle for their employees to boost profitability and save on cost in the near future.” As for steps that can be taken in the immediate future, VirtualArmour suggests:

  • Implement Virtual Private Networks (VPN): VPNs allow employees to access the resources they need securely. VPNs are a useful security tool for remote workers because it provides access to company resources by way of a private network. This protects companies by encrypting web traffic from hackers looking to access private information. An additional layer of protection that works side by side with VPN, is firewall protection.
  • Remote Access VPN Service: Secure your remote workforce and empower always/anywhere productivity. We design, deploy, & monitor VPN connections for businesses and institutions of all sizes.
  • Device Protection: Devices outside the office are more vulnerable to attacks. Advise staff about the risk of having their devices outside the office and how to reduce the loss of their devices.
  • SIEM Health Check Service: SIEM Health Check will evaluate and review an existing SIEM deployment against industry best practices. VirtualArmour will review overall SIEM environment for correct software levels, EPS licenses, and reporting.
  • Reporting on Security Issues: Put in place a system where employees can report any security issues they might encounter while working remotely. There will be an increase in the number of email scams regarding the Coronavirus. Advise employees about email scams and how to identify if the email is authentic or not.
  • Vulnerability Scanning Service: VirtualArmour has a team of engineers that can monitor and find potential security threats 24/7. Once a threat is detected, an engineer will take action within minutes to remove the threat. Our engineers will alert you to the incident, file a report, and record it in our client portal.

About VirtualArmour

VirtualArmour is a global Managed Security Services Provider (MSSP) that delivers custom security services tailored to meet the needs of our clients. VirtualArmour manages the entire security lifecycle, from initial alerting, to the investigation phase to resolution. Visit us at www.virtualarmour.com[/cs_text][/cs_element_layout_column][/cs_element_layout_row][/cs_element_section][/cs_content][cs_content_seo]Contact: Elise Silagy
Marketing Coordinator
[email protected]
Download as PDF
Denver, CO, March 2020: COVID-19 pandemic has forced a rapid shift in business to a remote workforce, something most companies were not prepared to do. With employees working from home for the first-time many IT departments are overwhelmed regarding their cybersecurity and the expansion of their Remote Access VPNs. While having employees work from home reduces the risk of spreading and contracting the virus, this also puts business data at risk to malicious security threats. An unprotected remote workforce increases a company’s chance of security threats and can lead to detrimental consequences for a business – some even being forced into bankruptcy. In order to protect the remote workforce and prevent data loss, businesses will need to keep a close eye on security or hire an outside Managed Security Services Provider (MSSP) to ensure their information is secure. VirtualArmour has expertise in supporting a work from home capability for our current customers and with the business shift, have experienced a major uptick in inbound requests to provide this capability.
Over the next several weeks, many businesses will be evaluating the steps they need to take to protect their business from security threats. VirtualArmour CEO, Russ Armbrust commented on the current economic situation, “We are seeing a huge shift in the business environment, I believe this is not only a short-term impact but the shift will become a long-term solution for a way to conduct business. I believe we will start to see many companies embrace the work from home lifestyle for their employees to boost profitability and save on cost in the near future.” As for steps that can be taken in the immediate future, VirtualArmour suggests:
Implement Virtual Private Networks (VPN): VPNs allow employees to access the resources they need securely. VPNs are a useful security tool for remote workers because it provides access to company resources by way of a private network. This protects companies by encrypting web traffic from hackers looking to access private information. An additional layer of protection that works side by side with VPN, is firewall protection.
Remote Access VPN Service: Secure your remote workforce and empower always/anywhere productivity. We design, deploy, & monitor VPN connections for businesses and institutions of all sizes.
Device Protection: Devices outside the office are more vulnerable to attacks. Advise staff about the risk of having their devices outside the office and how to reduce the loss of their devices.
SIEM Health Check Service: SIEM Health Check will evaluate and review an existing SIEM deployment against industry best practices. VirtualArmour will review overall SIEM environment for correct software levels, EPS licenses, and reporting.
Reporting on Security Issues: Put in place a system where employees can report any security issues they might encounter while working remotely. There will be an increase in the number of email scams regarding the Coronavirus. Advise employees about email scams and how to identify if the email is authentic or not.
Vulnerability Scanning Service: VirtualArmour has a team of engineers that can monitor and find potential security threats 24/7. Once a threat is detected, an engineer will take action within minutes to remove the threat. Our engineers will alert you to the incident, file a report, and record it in our client portal.
About VirtualArmour
VirtualArmour is a global Managed Security Services Provider (MSSP) that delivers custom security services tailored to meet the needs of our clients. VirtualArmour manages the entire security lifecycle, from initial alerting, to the investigation phase to resolution. Visit us at www.virtualarmour.com[/cs_content_seo]

VirtualArmour Ranks as Top 100 MSSP Globally on MSSP Alert’s Top 200 List

VirtualArmour was taken private in Q3 2021. These legacy press releases are kept online for informational purposes. VirtualArmour is a proud member of the Evergreen Services Group family of companies.

Download PDF

CENTENNIAL, Colo., Sept. 23, 2019 (GLOBE NEWSWIRE) — VirtualArmour International Inc. (CSE:VAI) (OTCQB:VTLR), a premier cybersecurity managed services provider, has been named to MSSP Alert, published by After Nines Inc., Top 200 MSSPs list for 2019 at number 61.

The list and research identify and honor the top 200 managed security services providers (MSSPs) that specialize in comprehensive, outsourced cybersecurity services. The rankings are based on MSSP Alert’s 2019 readership survey combined with aggregated third-party research. MSSPs featured throughout the list and research proactively monitor, manage and mitigate cyber threats for businesses, government agencies, educational institutions and nonprofit organizations of all sizes. This year’s edition, at twice the size, reflects MSSP Alert’s rapidly growing readership and the world’s growing consumption of managed security services.

“It is a great achievement for VirtualArmour to be recognized and listed alongside many innovative and progressive global managed security services companies,” said VirtualArmour CEO,  Russ Armbrust. “As concerns around cybersecurity continue to gain consistent global attention, the demand for customizable solutions by enterprise clients has been growing exponentially. Our skilled teams and proprietary prevention technologies enabled us to capitalize on this global market opportunity, and we’re well positioned to grow with the accelerating market.”

“After Nines Inc. and MSSP Alert congratulate VirtualArmour on this year’s honor,” said  Amy Katz, CEO of After Nines Inc. “Amid the ongoing cybersecurity talent shortage, thousands of MSPs and IT consulting firms are striving to move into the managed security market. The Top 200 list honors the MSSP market’s true pioneers.”

MSSP Alert: Top 200 MSSPs 2019 – Research Highlights

The MSSP Alert readership survey revealed several major trends in the managed security services provider market. Chief among them:

  • The Top 5 business drivers for managed security services are talent shortages; regulatory compliance needs; the availability of cloud services; ransomware attacks; and SMB customers demanding security guidance from partners.
  • 69% of MSSPs now run full-blown security operations centers (SOCs) in-house, with 19% leveraging hybrid models, 8% completely outsourcing SOC services and 4% still formulating strategies.
  • Although the overall MSSP market enjoys double-digit percentage growth rates, many of the Top 200 MSSPs have single-digit growth rates because they are busy investing in next-generation services – including managed detection and response (MDR), SOC as a Service, and automated penetration testing.

About After Nines Inc.

After Nines Inc. provides timeless IT guidance for strategic partners and IT security professionals across ChannelE2E (www.ChannelE2E.com) and MSSP Alert (www.MSSPAlert.com).  ChannelE2E tracks every stage of the IT service provider journey — from entrepreneur to exit. MSSP Alert is the global voice for Managed Security Services Providers (MSSPs).

About VirtualArmour

VirtualArmour International is a global cybersecurity and managed services provider that delivers customized solutions to help businesses build, monitor, maintain and secure their networks.

The company maintains 24/7 client monitoring and service management with specialist teams located in its U.S. and UK-based security operation centers. Through partnerships with best-in-class technology providers, VirtualArmour delivers leading hardware and software solutions for customers that are both sophisticated and scalable, and backed by industry-leading customer service and experience. VirtualArmour’s proprietary CloudCastr client portal and prevention platform provides clients with unparalleled access to real-time reporting on threat levels, breach prevention and overall network security.

VirtualArmour services a wide range of clients, which include Fortune 500 companies and several industry sectors in over 30 countries across five continents. For further information, visit www.virtualarmour.com.

Important Cautions Regarding Forward Looking Statements

This press release may include forward-looking information within the meaning of Canadian securities legislation and U.S. securities laws. This press release includes certain forward-looking statements concerning management’s objectives, strategies, beliefs and intentions. The forward-looking information is based on certain key expectations and assumptions made by the management of VirtualArmour. Although, VirtualArmour believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information as VirtualArmour cannot provide any assurance that it will prove to be correct.

Forward-looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the success of the company, future interest in such lists, competitive risks and the availability of financing. These forward-looking statements are made as of the date of this press release and VirtualArmour disclaims any intent or obligation to update publicly any forward-looking information, whether because of new information, future events or results or otherwise, other than as required by applicable securities laws.

Company Contact
Russ Armbrust CEO
VirtualArmour International Inc.
Tel (720) 644-0913
Email Contact

virtualarmour.jpg

Source: VirtualArmour International Inc.

[/cs_text][/cs_element_layout_column][/cs_element_layout_row][/cs_element_section][/cs_content][cs_content_seo]Download PDF
CENTENNIAL, Colo., Sept. 23, 2019 (GLOBE NEWSWIRE) — VirtualArmour International Inc. (CSE:VAI) (OTCQB:VTLR), a premier cybersecurity managed services provider, has been named to MSSP Alert, published by After Nines Inc., Top 200 MSSPs list for 2019 at number 61.
The list and research identify and honor the top 200 managed security services providers (MSSPs) that specialize in comprehensive, outsourced cybersecurity services. The rankings are based on MSSP Alert’s 2019 readership survey combined with aggregated third-party research. MSSPs featured throughout the list and research proactively monitor, manage and mitigate cyber threats for businesses, government agencies, educational institutions and nonprofit organizations of all sizes. This year’s edition, at twice the size, reflects MSSP Alert’s rapidly growing readership and the world’s growing consumption of managed security services.
“It is a great achievement for VirtualArmour to be recognized and listed alongside many innovative and progressive global managed security services companies,” said VirtualArmour CEO,
Russ Armbrust. “As concerns around cybersecurity continue to gain consistent global attention, the demand for customizable solutions by enterprise clients has been growing exponentially. Our skilled teams and proprietary prevention technologies enabled us to capitalize on this global market opportunity, and we’re well positioned to grow with the accelerating market.”
“After Nines Inc. and MSSP Alert congratulate VirtualArmour on this year’s honor,” said
Amy Katz, CEO of After Nines Inc. “Amid the ongoing cybersecurity talent shortage, thousands of MSPs and IT consulting firms are striving to move into the managed security market. The Top 200 list honors the MSSP market’s true pioneers.”
MSSP Alert: Top 200 MSSPs 2019 – Research Highlights
The MSSP Alert readership survey revealed several major trends in the managed security services provider market. Chief among them:

The Top 5 business drivers for managed security services are talent shortages; regulatory compliance needs; the availability of cloud services; ransomware attacks; and SMB customers demanding security guidance from partners.
69% of MSSPs now run full-blown security operations centers (SOCs) in-house, with 19% leveraging hybrid models, 8% completely outsourcing SOC services and 4% still formulating strategies.
Although the overall MSSP market enjoys double-digit percentage growth rates, many of the Top 200 MSSPs have single-digit growth rates because they are busy investing in next-generation services – including managed detection and response (MDR), SOC as a Service, and automated penetration testing.

About After Nines Inc.
After Nines Inc. provides timeless IT guidance for strategic partners and IT security professionals across ChannelE2E (www.ChannelE2E.com) and MSSP Alert (www.MSSPAlert.com).  ChannelE2E tracks every stage of the IT service provider journey — from entrepreneur to exit. MSSP Alert is the global voice for Managed Security Services Providers (MSSPs).
About VirtualArmour
VirtualArmour International is a global cybersecurity and managed services provider that delivers customized solutions to help businesses build, monitor, maintain and secure their networks.
The company maintains 24/7 client monitoring and service management with specialist teams located in its U.S. and UK-based security operation centers. Through partnerships with best-in-class technology providers, VirtualArmour delivers leading hardware and software solutions for customers that are both sophisticated and scalable, and backed by industry-leading customer service and experience. VirtualArmour’s proprietary CloudCastr client portal and prevention platform provides clients with unparalleled access to real-time reporting on threat levels, breach prevention and overall network security.
VirtualArmour services a wide range of clients, which include Fortune 500 companies and several industry sectors in over 30 countries across five continents. For further information, visit www.virtualarmour.com.
Important Cautions Regarding Forward Looking Statements
This press release may include forward-looking information within the meaning of Canadian securities legislation and U.S. securities laws. This press release includes certain forward-looking statements concerning management’s objectives, strategies, beliefs and intentions. The forward-looking information is based on certain key expectations and assumptions made by the management of VirtualArmour. Although, VirtualArmour believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information as VirtualArmour cannot provide any assurance that it will prove to be correct.
Forward-looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the success of the company, future interest in such lists, competitive risks and the availability of financing. These forward-looking statements are made as of the date of this press release and VirtualArmour disclaims any intent or obligation to update publicly any forward-looking information, whether because of new information, future events or results or otherwise, other than as required by applicable securities laws.
Company Contact
Russ Armbrust
CEO
VirtualArmour International Inc.
Tel (720) 644-0913
Email Contact
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