eSentire Acquires New Financial Services Contracts valued at over $1.5M

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Demand for Collaborative Threat Management Services and defenses against Advanced Persistent Threats now coming from mid-sized enterprises.

cyber security

Richard Stiennon, a leading cyber security researcher

For organizations that take cyber security seriously, I believe eSentire’s premium solution approach is raising the bar with Collaborative Threat Management.

eSentire announced it has secured new multi-year contracts with an approximate value of $1.5M with clients in North America and Europe.

The contracts are with mid-sized enterprises in financial services including asset management and insurance. The clients have contracted for Collaborative Threat Management services for security event monitoring, intrusion detection and prevention and defenses against Advanced Persistent Threats. With these new contracts, eSentire is adding managed security services for an additional user base of approximately 10,000.

“We are very pleased to see such strong demand for our latest offerings. I believe the marketplace is becoming far more amenable to our outsourced Collaborative Threat Management approach rather than trying to purchase products and deliver 24 hour security services with in-house staff,” said J.Paul Haynes, CEO of eSentire. "Our approach literally provides the equivalent of seven full time personnel and all of the necessary technology for less than the cost of one full time person and our professionals are always up to speed on the ever-changing threat landscape."

Richard Stiennon, a leading cyber security researcher and author of the new book Surviving Cyberwar commented, “With targeted attacks and Advanced Persistent Threats on the increase, I predict demand for eSentire’s Collaborative Threat Management services to be on the increase. eSentire’s unique approach delivers a premium solution whereby they are a virtual extension of the customer’s staff such that they are in a position to work directly with the customer’s network team to stop active intrusion and data theft as it is occurring. For organizations that take cyber security seriously, I believe eSentire’s premium solution approach is raising the bar with Collaborative Threat Management.”

About eSentire Inc.
eSentire is the leader in Collaborative Threat Management for information security. We are a Managed Security Solution Provider that reduces business risks by improving information security and regulatory compliance. The eSentire solution is a combination of best-of-breed security technology developed in our labs, a perpetual monitoring service delivered through our 24x7x365 Security Operations Center and advanced security consulting skills. A leader in the financial services segment, eSentire presently secures information networks representing more than $700 Billion in assets under management.

For more information please contact Janet Grondin at 519.651.2200 ext. 151 or janet.grondin(at)esentire(dot)com.

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Janet Grondin

J Paul Haynes
eSentire Inc
519-651-2200 138
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