Latest news with #LevelBlue
National Post
09-07-2025
- Business
- National Post
LevelBlue Research Reveals Urgent Need for Software Supply Chain Transparency
Article content 80% of organizations that report very low visibility across the software supply chain have suffered a security breach in the past 12 months Article content DALLAS — LevelBlue, a leading provider of managed security services, strategic consulting, and threat intelligence, today released the LevelBlue Data Accelerator: Software Supply Chain and Cybersecurity, which found only 23% of organizations are confident that they have very high visibility of their software supply chain. The limited visibility reported by organizations significantly impacts their cyber resilience, revealing the lack of transparency as a critical and often overlooked risk facing global organizations. Article content This Accelerator is an in-depth analysis into data from the 2025 LevelBlue Futures Report, comparing risk appetites, investment gaps, and overall preparedness to help organizations secure their end-to-end software supplier ecosystem. It shows software supply chain security as a growing business concern in 2025. This is partly due to regional regulatory framework demands, and because the attack surface is expanding in response to artificial intelligence (AI) adoption and the integration of complex third-party ecosystems. Article content Research shows that companies are unnecessarily vulnerable to software supply chain threats, with about half (49%) saying they lack the visibility to fully understand – or even identify – the risks. This lack of transparency causes 80% of organizations with 'very low visibility' to have suffered a security breach in the past 12 months, a stark contrast to just 6% of those with 'very high visibility.' Additionally, 80% of organizations with low visibility view critical factors like custom code, commercial off-the-shelf software, and API integrations as 'very risky' or 'somewhat risky.' Article content 'Our Accelerator underscores an immediate need for organizations to prioritize a transparent and secure software supply chain,' said Theresa Lanowitz, Chief Evangelist of LevelBlue. 'In an era of increasing AI disruption and evolving threats from nation-states and cybercriminal groups, the ability to withstand and recover from cyberattacks is directly tied to a clear understanding of an organization's software ecosystem.' Article content A total of 68% of organizations report that media attention has elevated cybersecurity on the C-suite agenda, with organizations indicating that third-party risk management is one of the biggest threats they face. Despite this, only a quarter (25%) of organizations plan to prioritize engaging with software suppliers about security credentials in the next 12 months. Article content Additional key findings include: Article content 40% of CEOs believe that the biggest security risk the organization faces today is from the software supply chain – compared with 29% of CIOs and 27% of CTOs. 39% of CEOs say AI adoption presents a greater risk to the software supply chain. In North America, the top three risks for organizations are third-party software distribution channels (49%), third-party risk management (48%), and unsupported software (48%). 57% of North American organizations say they are prepared for software supply chain attacks, compared to 44% in APAC. In Europe and Latin America, 51% and 50% say they are prepared, respectively. 67% of European organizations are investing in enhanced software supply chain security, the highest of all regions. While software supply chain investment is highest in Europe, the region ranks lowest at 23% in prioritizing engaging with software suppliers about security credentials. Article content The LevelBlue Data Accelerator provides actionable insights for organizations striving to secure their software supply chain. This includes taking the following four steps: Article content Leverage C-suite Awareness: Capitalize on leadership's understanding of risks to secure budgets for enhanced security measures. Identify Vulnerabilities: Work internally to pinpoint major vulnerabilities and understand their potential business impact to prioritize shorter-term visibility improvements. Proactive Investment: Continuously invest in cybersecurity measures such as advanced threat detection and response alongside exposure and vulnerability management technologies to stay prepared for emerging and evolving cyber risks. Demand Supplier Credentials: Request and regularly assess evidence of suppliers' cybersecurity credentials to build confidence and maintain organizational resilience. Article content Dive further into the LevelBlue Data Accelerator: Software Supply Chain and Cybersecurity here. This study follows the release of the 2025 LevelBlue Futures Report which can be found here. Article content For more information on LevelBlue and its managed security, consulting, and threat intelligence services, please visit Methodology The research is based on a quantitative survey that was carried out by FT Longitude in January 2025. There were a total of 1,500 C-suite and senior executives surveyed across 16 countries and seven industries: energy and utilities, financial services, healthcare, manufacturing, retail, transportation, and US SLED (state, local government, and higher education). Article content About LevelBlue Article content We simplify cybersecurity through award-winning managed services, experienced strategic consulting, threat intelligence, and renowned research. Our team is a seamless extension of yours, providing transparency and visibility into security posture and continuously working to strengthen it. Article content We harness security data from numerous sources and enrich it with artificial intelligence to deliver real-time threat intelligence- this enables more accurate and precise decision making. With a large, always-on global presence, LevelBlue sets the standard for cybersecurity today and tomorrow. We easily and effectively manage risks so you can focus on your business. Article content Article content Article content Article content Contacts Article content Media Contact Article content Article content Jessica Bettencourt Article content Article content Article content
Channel Post MEA
04-07-2025
- Business
- Channel Post MEA
LevelBlue Acquires Trustwave, Becoming One Of Leading MSSPs
LevelBlue, a global leader in cloud-based, AI-driven managed security services (MSS), has signed a definitive agreement to acquire Trustwave, a global provider of cybersecurity and managed detection and response (MDR) services from the MC2 Security Fund (MC2), a private equity fund sponsored by The Chertoff Group, an internationally recognized security and growth advisory firm. This strategic acquisition complements LevelBlue's recent agreement to acquire Aon's cybersecurity consulting business, formerly known as Stroz Friedberg, and further strengthens the company's market leadership, uniting two leading Managed Security Service Providers (MSSPs) to deliver unparalleled cybersecurity outcomes through a comprehensive and expanded suite of services designed to stay ahead of the rapidly evolving threat landscape. The acquisition will create the largest pure-play MSSP in the industry. The acquisition will integrate LevelBlue's extensive expertise in strategic risk management and cybersecurity infrastructure with Trustwave's Fusion Platform and cloud-native MDR service that provides 24/7 cybersecurity protection for organizations worldwide. The merged capabilities provide enterprises with unprecedented visibility and control over how security resources are provisioned, monitored, and managed across any environment, strengthening overall cyber resilience. The combined portfolios will also establish a strategically unified cybersecurity managed defense platform, supported by LevelBlue's AI threat detection platform and elite SpiderLabs' threat research and intelligence capabilities, safeguarding critical assets across cloud, hybrid, and on-premises environments. Earlier this year, Trustwave became the first pure-play MDR service provider to attain full authorized status by the Federal Risk and Authorization Management Program (FedRAMP). This prestigious achievement, along with Trustwave's StateRAMP authorization, positions LevelBlue to meet the Department of Defense's stringent 'US eyes only' requirement for the Defense Industrial Base and Cybersecurity Maturity Model Certification (CMMC) for MDR services across federal, state, and local government markets. 'The acquisition of Trustwave represents a pivotal moment for LevelBlue and the cybersecurity industry,' said Robert McCullen, Chairman and CEO of LevelBlue. 'Trustwave's extensive expertise in managed detection and response services, combined with its unparalleled threat intelligence from SpiderLabs and mission-critical FedRAMP and StateRAMP authorizations, perfectly aligns with our vision to deliver simplified and powerful cybersecurity protection to organizations. This strategic move reflects our commitment to delivering better cybersecurity outcomes to our customers and enhances our global go-to-market capabilities, as well as in the U.S. federal, state, and local government markets.' 'We're thrilled to partner with LevelBlue to drive our next phase of growth and unlock even greater cyber value for our clients,' said Trustwave CEO Eric Harmon. 'The threat landscape continues to evolve at an increasingly rapid pace. This announcement reinforces Trustwave's market leadership, and together with LevelBlue, positions us to further strengthen our combined leadership position, bolster our offensive and defensive security portfolio, and drive additional innovation to further safeguard and fortify our clients against disruptive and damaging cyber threats.' Based in Chicago, IL with worldwide operations, Trustwave is comprised of more than 1,000 security-focused professionals and is an analyst-recognized leader in managed detection and response, managed security services, cybersecurity advisory services, penetration testing, database security, and email security. The elite Trustwave SpiderLabs team delivers industry-leading threat research, intelligence, and threat hunting, all of which are integrated into Trustwave's services and products to enhance cyber resilience in an era of unavoidable cyberattacks. 'Two longtime leaders in MSS and MDR coming together signals market maturation and industry consolidation, but also a powerhouse opportunity,' said Christina Richmond, Principal Analyst at Richmond Advisory Group. 'Trustwave's SpiderLabs team and Fusion platform integrated with LevelBlue's threat intelligence and machine learning capabilities, backed by the Open Threat Exchange (OTX), will enhance threat detection and response on a cloud-based platform. Add in the recently announced acquisition of Aon's Cybersecurity and Intellectual Property Litigation consulting groups, and the potential for a full-service global cybersecurity and risk management firm is apparent.' 'Joining forces with LevelBlue marks an exciting new chapter for Trustwave and our clients,' said Chad Sweet, Chairman of Trustwave and Co-Founder of The Chertoff Group / MC2. 'The combination of LevelBlue's AI threat detection and Trustwave's FedRAMP and StateRAMP authorized Fusion Intelligent Security Operations Platform enables leading-edge cybersecurity protection for enterprises and government clients.' This acquisition is a critical part of LevelBlue's broader strategy to merge the best organizations with its capabilities, providing superior outcomes for clients. This portfolio consolidation is strategically designed to address the increasing demand for more comprehensive and integrated managed cybersecurity solutions, which positions LevelBlue to become the largest independent, pure-play MSSP globally. 'FedRAMP and StateRAMP certified managed detection and response capabilities are an exciting expansion to LevelBlue's managed security services,' added Shawn Hakl, Head of AT&T Business Products. 'This business combination positions LevelBlue as a strategic provider of cybersecurity services in AT&T's portfolio, especially to our valued federal customers.' Santander is serving as financial advisor and Kirkland & Ellis LLP is serving as legal advisor to LevelBlue. Guggenheim Securities is serving as financial advisor and Pillsbury Winthrop Shaw Pittman is serving as legal advisor to Trustwave. The Chertoff Group will partner with LevelBlue to provide strategic insight to further accelerate growth across the MDR market segment. Financial terms were not disclosed, and the acquisition is subject to customary closing conditions.
Techday NZ
04-07-2025
- Business
- Techday NZ
LevelBlue acquires Trustwave to form largest global MSSP
LevelBlue has entered into an agreement to acquire Trustwave, expanding its capabilities in managed security services and managed detection and response. The acquisition of Trustwave from MC2 Security Fund is expected to create the world's largest independent, pure-play managed security services provider. This move closely follows LevelBlue's recent agreement to purchase Aon's cybersecurity consulting business, further consolidating its position in the cyber defence sector. Expanded capabilities Trustwave's Fusion Platform and cloud-native MDR service will be integrated into LevelBlue's offering. The merger aims to deliver 24/7 cybersecurity protection across global markets, enhancing visibility and control over security operations for organisations of varying scales. The combined portfolio is anticipated to create a strategically unified managed defence platform. It will leverage LevelBlue's artificial intelligence-driven threat detection capabilities and Trustwave's SpiderLabs unit for threat research and intelligence. The joint offering targets organisations operating across cloud, hybrid, and on-premises environments. Trustwave recently achieved full authorised status from the US Federal Risk and Authorization Management Program (FedRAMP) and StateRAMP, which will enable LevelBlue to meet requirements for US federal and state projects, including those with stringent security demands such as the Department of Defense and Cybersecurity Maturity Model Certification (CMMC). "The acquisition of Trustwave represents a pivotal moment for LevelBlue and the cybersecurity industry," said Robert McCullen, Chairman and CEO of LevelBlue. "Trustwave's extensive expertise in managed detection and response services, combined with its unparalleled threat intelligence from SpiderLabs and mission-critical FedRAMP and StateRAMP authorizations, perfectly aligns with our vision to deliver simplified and powerful cybersecurity protection to organisations. This strategic move reflects our commitment to delivering better cybersecurity outcomes to our customers and enhances our global go-to-market capabilities, as well as in the U.S. federal, state, and local government markets." Eric Harmon, Chief Executive Officer of Trustwave, said, "We're thrilled to partner with LevelBlue to drive our next phase of growth and unlock even greater cyber value for our clients. The threat landscape continues to evolve at an increasingly rapid pace. This announcement reinforces Trustwave's market leadership, and together with LevelBlue, positions us to further strengthen our combined leadership position, bolster our offensive and defensive security portfolio, and drive additional innovation to further safeguard and fortify our clients against disruptive and damaging cyber threats." Market response Trustwave, headquartered in Chicago and operating globally, employs over 1,000 security professionals. It is recognised as an industry leader in managed detection and response, managed security services, cybersecurity advisory, penetration testing, database, and email security. Its SpiderLabs team contributes threat research and intelligence, integrated into its product and service suite. Market analysts noted the significance of the deal, particularly in light of recent consolidations in the managed security sector. Christina Richmond, Principal Analyst at Richmond Advisory Group, stated, "Two longtime leaders in MSS and MDR coming together signals market maturation and industry consolidation, but also a powerhouse opportunity. Trustwave's SpiderLabs team and Fusion platform integrated with LevelBlue's threat intelligence and machine learning capabilities, backed by the Open Threat Exchange (OTX), will enhance threat detection and response on a cloud-based platform. Add in the recently announced acquisition of Aon's Cybersecurity and Intellectual Property Litigation consulting groups, and the potential for a full-service global cybersecurity and risk management firm is apparent." Strategic impact The acquisition fits into LevelBlue's broader approach of merging complementary organisations to build a stronger, more integrated offering for clients, specifically addressing increased demand for comprehensive managed cybersecurity solutions. Bringing together the two companies will position LevelBlue as the largest independent, pure-play MSSP globally. Chad Sweet, Chairman of Trustwave and Co-Founder of The Chertoff Group / MC2, expressed support for the acquisition. "Joining forces with LevelBlue marks an exciting new chapter for Trustwave and our clients. The combination of LevelBlue's AI threat detection and Trustwave's FedRAMP and StateRAMP authorized Fusion Intelligent Security Operations Platform enables leading-edge cybersecurity protection for enterprises and government clients." Shawn Hakl, Head of AT&T Business Products, commented on the significance of the certification aspects. "FedRAMP and StateRAMP certified managed detection and response capabilities are an exciting expansion to LevelBlue's managed security services. This business combination positions LevelBlue as a strategic provider of cybersecurity services in AT&T's portfolio, especially to our valued federal customers." Financial advice for LevelBlue was provided by Santander, with legal counsel from Kirkland & Ellis. Trustwave's advisors included Guggenheim Securities and Pillsbury Winthrop Shaw Pittman. Strategic advice will be provided by The Chertoff Group to help accelerate growth in the managed detection and response market segment. The financial terms of the deal were not disclosed, and the acquisition remains subject to customary closing conditions.
Business Wire
01-07-2025
- Business
- Business Wire
LevelBlue to Acquire Trustwave, Becoming Largest Pure-Play Managed Security Services Provider
DALLAS--(BUSINESS WIRE)-- LevelBlue, a global leader in cloud-based, AI-driven managed security services (MSS), has signed a definitive agreement to acquire Trustwave, a global provider of cybersecurity and managed detection and response (MDR) services from the MC 2 Security Fund (MC 2), a private equity fund sponsored by The Chertoff Group, an internationally recognized security and growth advisory firm. This strategic acquisition complements LevelBlue's recent agreement to acquire Aon's cybersecurity consulting business, formerly known as Stroz Friedberg, and further strengthens the company's market leadership, uniting two leading Managed Security Service Providers (MSSPs) to deliver unparalleled cybersecurity outcomes through a comprehensive and expanded suite of services designed to stay ahead of the rapidly evolving threat landscape. The acquisition will create the largest pure-play MSSP in the industry. The acquisition will integrate LevelBlue's extensive expertise in strategic risk management and cybersecurity infrastructure with Trustwave's Fusion Platform and cloud-native MDR service that provides 24/7 cybersecurity protection for organizations worldwide. The merged capabilities provide enterprises with unprecedented visibility and control over how security resources are provisioned, monitored, and managed across any environment, strengthening overall cyber resilience. The combined portfolios will also establish a strategically unified cybersecurity managed defense platform, supported by LevelBlue's AI threat detection platform and elite SpiderLabs' threat research and intelligence capabilities, safeguarding critical assets across cloud, hybrid, and on-premises environments. Earlier this year, Trustwave became the first pure-play MDR service provider to attain full authorized status by the Federal Risk and Authorization Management Program (FedRAMP). This prestigious achievement, along with Trustwave's StateRAMP authorization, positions LevelBlue to meet the Department of Defense's stringent 'US eyes only' requirement for the Defense Industrial Base and Cybersecurity Maturity Model Certification (CMMC) for MDR services across federal, state, and local government markets. 'The acquisition of Trustwave represents a pivotal moment for LevelBlue and the cybersecurity industry," said Robert McCullen, Chairman and CEO of LevelBlue. 'Trustwave's extensive expertise in managed detection and response services, combined with its unparalleled threat intelligence from SpiderLabs and mission-critical FedRAMP and StateRAMP authorizations, perfectly aligns with our vision to deliver simplified and powerful cybersecurity protection to organizations. This strategic move reflects our commitment to delivering better cybersecurity outcomes to our customers and enhances our global go-to-market capabilities, as well as in the U.S. federal, state, and local government markets.' "We're thrilled to partner with LevelBlue to drive our next phase of growth and unlock even greater cyber value for our clients,' said Trustwave CEO Eric Harmon. 'The threat landscape continues to evolve at an increasingly rapid pace. This announcement reinforces Trustwave's market leadership, and together with LevelBlue, positions us to further strengthen our combined leadership position, bolster our offensive and defensive security portfolio, and drive additional innovation to further safeguard and fortify our clients against disruptive and damaging cyber threats.' Based in Chicago, IL with worldwide operations, Trustwave is comprised of more than 1,000 security-focused professionals and is an analyst-recognized leader in managed detection and response, managed security services, cybersecurity advisory services, penetration testing, database security, and email security. The elite Trustwave SpiderLabs team delivers industry-leading threat research, intelligence, and threat hunting, all of which are integrated into Trustwave's services and products to enhance cyber resilience in an era of unavoidable cyberattacks. 'Two longtime leaders in MSS and MDR coming together signals market maturation and industry consolidation, but also a powerhouse opportunity,' said Christina Richmond, Principal Analyst at Richmond Advisory Group. 'Trustwave's SpiderLabs team and Fusion platform integrated with LevelBlue's threat intelligence and machine learning capabilities, backed by the Open Threat Exchange (OTX), will enhance threat detection and response on a cloud-based platform. Add in the recently announced acquisition of Aon's Cybersecurity and Intellectual Property Litigation consulting groups, and the potential for a full-service global cybersecurity and risk management firm is apparent.' "Joining forces with LevelBlue marks an exciting new chapter for Trustwave and our clients," said Chad Sweet, Chairman of Trustwave and Co-Founder of The Chertoff Group / MC 2. 'The combination of LevelBlue's AI threat detection and Trustwave's FedRAMP and StateRAMP authorized Fusion Intelligent Security Operations Platform enables leading-edge cybersecurity protection for enterprises and government clients." This acquisition is a critical part of LevelBlue's broader strategy to merge the best organizations with its capabilities, providing superior outcomes for clients. This portfolio consolidation is strategically designed to address the increasing demand for more comprehensive and integrated managed cybersecurity solutions, which positions LevelBlue to become the largest independent, pure-play MSSP globally. 'FedRAMP and StateRAMP certified managed detection and response capabilities are an exciting expansion to LevelBlue's managed security services,' added Shawn Hakl, Head of AT&T Business Products. 'This business combination positions LevelBlue as a strategic provider of cybersecurity services in AT&T's portfolio, especially to our valued federal customers.' Santander is serving as financial advisor and Kirkland & Ellis LLP is serving as legal advisor to LevelBlue. Guggenheim Securities is serving as financial advisor and Pillsbury Winthrop Shaw Pittman is serving as legal advisor to Trustwave. The Chertoff Group will partner with LevelBlue to provide strategic insight to further accelerate growth across the MDR market segment. Financial terms were not disclosed, and the acquisition is subject to customary closing conditions. About LevelBlue We simplify cybersecurity through award-winning managed services, experienced strategic consulting, threat intelligence, and renowned research. Our team is a seamless extension of yours, providing transparency and visibility into security posture and continuously working to strengthen it. We harness security data from numerous sources and enrich it with artificial intelligence to deliver real-time threat intelligence; this enables more accurate and precise decision making. With a large, always-on global presence, LevelBlue sets the standard for cybersecurity today and tomorrow. We easily and effectively manage risk, so you can focus on your business. About Trustwave Trustwave is a globally recognized cybersecurity leader that reduces cyber risk and fortifies organizations against disruptive and damaging cyber threats. Trustwave's comprehensive offensive and defensive cybersecurity portfolio detects what others cannot, responds with greater speed and effectiveness, optimizes clients' cyber investments, and improves security resilience. Trusted by thousands of organizations worldwide, Trustwave leverages its world-class team of security consultants, threat hunters, researchers, and market-leading security operations platform to decrease the likelihood of attacks and minimize potential impact. Trustwave is an analyst-recognized leader in managed detection and response (MDR), managed security services (MSS), cyber advisory, penetration testing, database security, and email security. The elite Trustwave SpiderLabs team provides industry-defining threat research, intelligence, and threat hunting, all of which are infused into Trustwave services and products to fortify cyber resilience in the age of inevitable cyber-attacks.
National Post
01-07-2025
- Business
- National Post
LevelBlue to Acquire Trustwave, Becoming Largest Pure-Play Managed Security Services Provider
Article content LevelBlue Strengthens Market-Leading Managed Detection and Response Services with Advanced AI Capabilities, While Adding Prestigious FedRAMP and StateRAMP Authorizations Article content DALLAS — LevelBlue, a global leader in cloud-based, AI-driven managed security services (MSS), has signed a definitive agreement to acquire Trustwave, a global provider of cybersecurity and managed detection and response (MDR) services from the MC 2 Security Fund (MC 2), a private equity fund sponsored by The Chertoff Group, an internationally recognized security and growth advisory firm. This strategic acquisition complements LevelBlue's recent agreement to acquire Aon's cybersecurity consulting business, formerly known as Stroz Friedberg, and further strengthens the company's market leadership, uniting two leading Managed Security Service Providers (MSSPs) to deliver unparalleled cybersecurity outcomes through a comprehensive and expanded suite of services designed to stay ahead of the rapidly evolving threat landscape. The acquisition will create the largest pure-play MSSP in the industry. Article content Article content The acquisition will integrate LevelBlue's extensive expertise in strategic risk management and cybersecurity infrastructure with Trustwave's Fusion Platform and cloud-native MDR service that provides 24/7 cybersecurity protection for organizations worldwide. The merged capabilities provide enterprises with unprecedented visibility and control over how security resources are provisioned, monitored, and managed across any environment, strengthening overall cyber resilience. The combined portfolios will also establish a strategically unified cybersecurity managed defense platform, supported by LevelBlue's AI threat detection platform and elite SpiderLabs' threat research and intelligence capabilities, safeguarding critical assets across cloud, hybrid, and on-premises environments. Article content Earlier this year, Trustwave became the first pure-play MDR service provider to attain full authorized status by the Federal Risk and Authorization Management Program (FedRAMP). This prestigious achievement, along with Trustwave's StateRAMP authorization, positions LevelBlue to meet the Department of Defense's stringent 'US eyes only' requirement for the Defense Industrial Base and Cybersecurity Maturity Model Certification (CMMC) for MDR services across federal, state, and local government markets. Article content 'The acquisition of Trustwave represents a pivotal moment for LevelBlue and the cybersecurity industry,' said Robert McCullen, Chairman and CEO of LevelBlue. 'Trustwave's extensive expertise in managed detection and response services, combined with its unparalleled threat intelligence from SpiderLabs and mission-critical FedRAMP and StateRAMP authorizations, perfectly aligns with our vision to deliver simplified and powerful cybersecurity protection to organizations. This strategic move reflects our commitment to delivering better cybersecurity outcomes to our customers and enhances our global go-to-market capabilities, as well as in the U.S. federal, state, and local government markets.' Article content 'We're thrilled to partner with LevelBlue to drive our next phase of growth and unlock even greater cyber value for our clients,' said Trustwave CEO Eric Harmon. 'The threat landscape continues to evolve at an increasingly rapid pace. This announcement reinforces Trustwave's market leadership, and together with LevelBlue, positions us to further strengthen our combined leadership position, bolster our offensive and defensive security portfolio, and drive additional innovation to further safeguard and fortify our clients against disruptive and damaging cyber threats.' Article content Based in Chicago, IL with worldwide operations, Trustwave is comprised of more than 1,000 security-focused professionals and is an analyst-recognized leader in managed detection and response, managed security services, cybersecurity advisory services, penetration testing, database security, and email security. The elite Trustwave SpiderLabs team delivers industry-leading threat research, intelligence, and threat hunting, all of which are integrated into Trustwave's services and products to enhance cyber resilience in an era of unavoidable cyberattacks. Article content 'Two longtime leaders in MSS and MDR coming together signals market maturation and industry consolidation, but also a powerhouse opportunity,' said Christina Richmond, Principal Analyst at Richmond Advisory Group. 'Trustwave's SpiderLabs team and Fusion platform integrated with LevelBlue's threat intelligence and machine learning capabilities, backed by the Open Threat Exchange (OTX), will enhance threat detection and response on a cloud-based platform. Add in the recently announced acquisition of Aon's Cybersecurity and Intellectual Property Litigation consulting groups, and the potential for a full-service global cybersecurity and risk management firm is apparent.' Article content 'Joining forces with LevelBlue marks an exciting new chapter for Trustwave and our clients,' said Chad Sweet, Chairman of Trustwave and Co-Founder of The Chertoff Group / MC 2. 'The combination of LevelBlue's AI threat detection and Trustwave's FedRAMP and StateRAMP authorized Fusion Intelligent Security Operations Platform enables leading-edge cybersecurity protection for enterprises and government clients.' Article content This acquisition is a critical part of LevelBlue's broader strategy to merge the best organizations with its capabilities, providing superior outcomes for clients. This portfolio consolidation is strategically designed to address the increasing demand for more comprehensive and integrated managed cybersecurity solutions, which positions LevelBlue to become the largest independent, pure-play MSSP globally. Article content 'FedRAMP and StateRAMP certified managed detection and response capabilities are an exciting expansion to LevelBlue's managed security services,' added Shawn Hakl, Head of AT&T Business Products. 'This business combination positions LevelBlue as a strategic provider of cybersecurity services in AT&T's portfolio, especially to our valued federal customers.' Article content Santander is serving as financial advisor and Kirkland & Ellis LLP is serving as legal advisor to LevelBlue. Guggenheim Securities is serving as financial advisor and Pillsbury Winthrop Shaw Pittman is serving as legal advisor to Trustwave. The Chertoff Group will partner with LevelBlue to provide strategic insight to further accelerate growth across the MDR market segment. Financial terms were not disclosed, and the acquisition is subject to customary closing conditions. Article content About LevelBlue Article content We simplify cybersecurity through award-winning managed services, experienced strategic consulting, threat intelligence, and renowned research. Our team is a seamless extension of yours, providing transparency and visibility into security posture and continuously working to strengthen it. Article content We harness security data from numerous sources and enrich it with artificial intelligence to deliver real-time threat intelligence; this enables more accurate and precise decision making. With a large, always-on global presence, LevelBlue sets the standard for cybersecurity today and tomorrow. We easily and effectively manage risk, so you can focus on your business. Article content About Trustwave Article content Trustwave is a globally recognized cybersecurity leader that reduces cyber risk and fortifies organizations against disruptive and damaging cyber threats. Trustwave's comprehensive offensive and defensive cybersecurity portfolio detects what others cannot, responds with greater speed and effectiveness, optimizes clients' cyber investments, and improves security resilience. Trusted by thousands of organizations worldwide, Trustwave leverages its world-class team of security consultants, threat hunters, researchers, and market-leading security operations platform to decrease the likelihood of attacks and minimize potential impact. Article content Trustwave is an analyst-recognized leader in managed detection and response (MDR), managed security services (MSS), cyber advisory, penetration testing, database security, and email security. The elite Trustwave SpiderLabs team provides industry-defining threat research, intelligence, and threat hunting, all of which are infused into Trustwave services and products to fortify cyber resilience in the age of inevitable cyber-attacks. Article content Article content Article content Article content Article content Article content Article content
