Addition of Real-Time Security Management and Monitoring Capabilities Establishes TruSecure as Global Integrated Security Services Leader
HERNDON, Va.–(BUSINESS WIRE)–Jan. 28, 2002–TruSecure(R) Corporation, a leading managed security service provider that helps safeguard customers with a comprehensive security health program, announced today that it has acquired Three Pillars, Inc., a Georgia-based provider of systems-based managed security solutions that offers infrastructure security management.
TruSecure will integrate Three Pillars’ remote management and monitoring services into TruSecure’s existing managed security services. This acquisition furthers TruSecure’s business strategy to offer integrated security services, giving customers a complete range of security services that span the development of security architecture and policies, the implementation of a comprehensive preventative risk management program, and now the management, maintenance and real-time monitoring of critical security infrastructure.
“Customers around the world trust TruSecure to help them manage ongoing risks to their information assets,” said Adam Joseph, president and CEO of TruSecure. “Since our inception, we have been executing upon a vision for efficiently integrating disparate security activities into a cohesive and manageable set of services. With the Three Pillars acquisition, TruSecure will be able to provide our customers with a uniquely comprehensive approach to identifying and managing security risks in real time.”
Thomas Joseph, formerly chief executive officer of Three Pillars, Carl Humes, formerly chief operating officer, and Jim DeBald, formerly vice president of sales and marketing, will join TruSecure’s executive staff as senior vice president of managed services, vice president of managed services operations, and vice president of channels worldwide, respectively. To complement its existing Security Operations Center (SOC), TruSecure will acquire Three Pillars’ SOC in Norcross, GA. In addition, TruSecure will acquire Three Pillars’ channel alliances worldwide. Lastly, Three Pillars’ customers, such as Reliance Trust, will become TruSecure customers.
“TruSecure has a vision for the information security market and the expertise and market lead to execute on that vision,” said Thomas Joseph, CEO, Three Pillars. “Approximately 90% of information security breaches are the result of poorly managed and maintained security infrastructure. Adding Three Pillars to TruSecure’s spectrum of security services provides customers with the most complete suite of security services available today.”
“Managed security services are continuing to gain traction. Market participants are positioning for market leadership by rounding out their portfolio of offerings,” said Allan Carey, senior analyst at IDC. “TruSecure’s acquisition of Three Pillars adds real-time remote management and monitoring to its current roster of proactive services. This augments TruSecure’s ability to compete for customers looking for end-to-end, integrated security services.”
The financial terms are not being disclosed at this time.
About TruSecure Corporation
TruSecure provides global 10,000 companies with comprehensive enterprise risk-management programs that assure the ongoing security of their critical systems and information. By integrating disparate security products and processes into a comprehensive risk management program, TruSecure helps hundreds of companies achieve greater risk reduction at lower cost. TruSecure’s ICSA Labs(R) is the security industry’s central authority for product standards and testing, and today certifies more than 95% of the market’s anti-virus software, network firewalls, cryptography and IPSec products. TruSecure’s monthly magazine, Information Security(R), is the industry’s leading trade publication. Based in Herndon, VA, TruSecure Corporation is privately-held with investors including J. & W. Seligman & Co., J.P. Morgan Partners, Weston Presidio Capital, Greylock and WaldenVC.
For more information about TruSecure, please visit www.trusecure.com.
TruSecure, ICSA, ICSA Labs, and Information Security are registered trademarks of TruSecure Corporation. All other trademarks and service marks mentioned herein are property of their respective owners.