We believe security management, threat detection, and compliance together deliver greater value when combined as a service. Cohesive orchestration and optimization across these disciplines provide our customers with better insights and protection.
TECH LOCK Inc. Named to MSSP Alert’s
Top 250 MSSPs List for 2021
Fifth-Annual List Honors Leading
MSSP, MDR and SOCaaS Cybersecurity Companies Worldwide
The list and research identify and honor the top MSSPs, managed detection and response (MDR) and Security Operations Center as a Service (SOCaaS) providers worldwide.
The rankings are based on MSSP Alert’s 2021 readership survey combined with the digital media site’s global editorial coverage of managed security services providers. The fifth-annual list and research report track the managed security service market’s ongoing growth and evolution.
“TECH LOCK is honored to be chosen as one of MSSP Alert’s Top 250 MSSPs moving up over 30 spots from our 2020 ranking,” said Brian McManamon, CEO and president of TECH LOCK Inc. “I am extremely proud of the TECH LOCK team and the outstanding service we provide to our valued customers.”
“We are fulfilling a missing component in the field of managed security services providers, addressing wholistic cybersecurity and compliance in an integrated solution offering,” said Steve Akers, CTO & CSO of TECH LOCK Inc. “Our ability to provide 24x7x365 managed detection and response services while helping customers meet their continuous compliance requirements provides a unique value proposition. We enable our customers to navigate complex regulatory and compliance requirements with a security-centric approach.”
“After Nines Inc. and MSSP Alert congratulate TECH LOCK Inc. on this year’s honor,” said Amy Katz, CEO of After Nines Inc. “Amid continued ransomware, malware and supply chain cyber attacks, the MSSP Alert readership and community continues to mitigate risks for businesses and government organizations worldwide.”
Highlights from the associated MSSP Alert research include:
- MSSP Revenue Growth & Financial Performance: MSSP honorees, on average, expect to generate $22.3 million in revenue for 2021, up 16% from $19.2 million in 2020. The growth rate remains consistent with last year’s report.
- Geography: Honorees are headquartered in 26 different countries.
- Profits: 85% of MSSPs surveyed expect to be profitable for fiscal year 2021, which is roughly even with 2020.
- Security Operations Centers: 71% have in-house SOCs, 19% are hybrid, 8% completely outsource their SOCs, and 2% are reevaluating their SOC strategies.
- Cyberattack Trends: The most frequent attacks targeting MSSP customers in 2021 include vulnerability exploits (87%), phishing (96%), and ransomware (89%) incidents.
- Cybersecurity Solutions: In a continued sign of market fragmentation, MSSP survey participants mentioned 130 different hardware, software, cloud, and services vendors that assist their cybersecurity efforts — roughly even with our 2020 report.
- New Managed Security Services Offered: In addition to traditional managed security services, capabilities such as MDR (91%) have now gone mainstream. Plus, fast-growth services offered include SOC as a service (76%), XDR (67%), cyber talent as a service (43%) and cloud security posture management (41%).
The Top 250 MSSPs list and research were overseen by Content Czar Joe Panettieri (@JoePanettieri). Find the online list and associated report here: https://www.msspalert.com/top250.
TECH LOCK SecureSM is an end-to-end Managed Security Services solution that incorporates the foundational security components of endpoint security, network security, log/threat detection and vulnerability management at a level of sophistication that our customers could never reach themselves. Enabled by our WARP SOAR machine learning engine, our security experts are monitoring for threats 24x7x365 and ready to respond within minutes. Our growth has been fueled by companies who have taken advantage of our integrated cybersecurity and compliance solutions as their compliance requirements change and now mandate proof of maturity in both security controls and operations. In addition to our managed security expertise, we are also experts in numerous key regulatory standards including CMMC, HITRUST, and PCI DSS. Our integrated cybersecurity and compliance solutions provide a one-stop shop for companies of all sizes.
About TECH LOCK Inc.
TECH LOCK enables organizations to navigate, detect, and respond to today’s modern cybersecurity and compliance challenges. Our full spectrum security-centric approach delivers value to our clients through defined and measurable outcomes combined with independent cyber research, specialized skills, and premium customer support and service. For more information visit techlockinc.com.
About After Nines Inc.
After Nines Inc. provides timeless IT guidance for strategic partners and IT security professionals across ChannelE2E and MSSP Alert. 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).
- For sponsorship information contact After Nines Inc. CEO Amy Katz, Amy@AfterNines.com
- For content and editorial questions contact After Nines Inc. Content Czar Joe Panettieri, Joe@AfterNines.com
TECH LOCK Fulfills Growing Demand for Comprehensive Managed Cybersecurity with Integrated Compliance
TECH LOCK Secure™ delivers enterprise-grade threat detection and response with a service that enables security event orchestration, detection, and US based Security Operations Center (SOC) making it accessible to businesses of all sizes
TROY, MICH. (PRWEB) JULY 22, 2020
TECH LOCK Inc., a RevSpring Company, today announced its TECH LOCK Secure™ Managed Cybersecurity and Integrated Compliance Services, fulfilling a growing demand for customers struggling with the challenges of keeping pace with modern security threats. TECH LOCK Secure™ is comprised of a comprehensive suite of Managed Security and Compliance Services, including Endpoint Detection and Response, Network/Firewall, Log/SIEM and Vulnerability Management. The service is supported by a U.S. based 24x7x365 Security Operations Center (SOC) providing quick response to security events through the TECH LOCK Secure™ service portal, powered by a cloud-based machine learning engine enabling security event orchestration, detection and response.
TECH LOCK recognized that businesses were spending on compliance basics but were falling behind in what was needed to keep their business and customer data safe against hackers. TECH LOCK Secure™ is designed to address this concern and meet the demands of businesses that have limited budgets, so they do not have to focus on security or compliance, but now have a service that addresses both. “We wanted to make it easy and accessible for any company to obtain best-in-breed security technology, operations and orchestrated incident response,” said Brian McManamon, president of TECH LOCK Inc. “Our in-depth knowledge and experience with data compliance standards ensures that our solution provides immediate value to businesses by delivering comprehensive data protection while maintaining continuous compliance.”
TECH LOCK Secure™ is a turn-key solution based on modern, adaptive cybersecurity technologies. Customers have complete transparency to all security and compliance operations. The TECH LOCK Secure™ portal provides real-time dashboards and reports with the ability to drill down into specific data. Through the information provided in the portal, the customer can quickly validate that their organization is secure and up to date with their compliance requirements.
“As a leader in outsourced patient financial services, ensuring patient privacy and protecting the data entrusted to us is critical,” said Jim Warner, chief technology officer, State Collection Service, Inc. As a result, working with TECH LOCK Inc. is not just about checking the box for compliance.” “Security and compliance are so interwoven that subscribing to TECH LOCK Secure™ was an easy choice to make to ensure data security,” said Tim Haag, president, State Collection Service, Inc.
“Our long-term partnership with TECH LOCK provides us with tremendous peace of mind knowing that we are using market-leading technology and processes to ensure data security and patient privacy.”
TECH LOCK has worked with numerous financial institutions, retail, hospitality, restaurants, and healthcare providers since 2009. Our compliance and security experts have advanced academic and professional credentials and backgrounds with leading businesses and trade associations, such as the Payment Card Industry Security Standards Council. Our team provides up-to-date research and strong leadership in the information security and privacy industry.
TECH LOCK is part of the RevSpring family of companies.
“I am writing to recommend the Security & Compliance services of TECH LOCK. We have been a customer of TECH LOCK for the past 8 years, and have always been completely satisfied with the work they provide for Compliance services. In the beginning, their professional services had a big hand in helping us shape up our Security Infrastructure, as well as working with us on developing the necessary Compliance controls.”
“TECH LOCK has been an outstanding partner and service provider for our Information Security and Compliance needs. TECH LOCK is extremely thorough in their assessment and they have assisted our companies in strengthening our IT environment through rigid audits and proper remediation of susceptibilities. The value TECH LOCK has added has been evident not only to internal stakeholders but has also been critical to assuring our clients that the information they value so much is safe with us.”
“After our company fully transitioned to the AWS Platform, we quickly realized that was not the only move we should make. We needed to engage a PCI Qualified Security Assessor Company that had extensive experience with AWS’s platform and services, and understood the intricacies of the AWS shared responsibility model as it relates to PCI DSS. After vetting several companies, it was evident that TECH LOCK was the best fit for our business. For us, having built a partnership with TECH LOCK has made the daily responsibility of maintaining our PCI DSS AOC compliance responsibilities much easier, which makes all the difference. Much of this is due to the solid roadmap and best practices they helped us build to maintain our security posture and prepare for the evolving requirements on the horizon.”
Mr. McManamon has more than 20 years of leadership and management experience, driving business results and mission/vision through the use of people, process, and technology. Prior to his role at TECH LOCK, he spent 10 years at RevSpring where he served as Senior Vice President, IT Business Services, and Chief Information Officer. RevSpring acquired TECH LOCK in April 2015.
He is the former CIO of both DANTOM Systems and the General Motor’s business unit, SITEL Corp., a $1B contact center company. At SITEL, he led a new business unit that leveraged web-based technology to provide more than $10 million in additional revenue.
Mr. McManamon’s earlier positions include 14 years at Ford Financial where he managed a $30M IT budget and a team of 100 employees and contractors. He evaluated potential acquisition targets and transformed the company from legacy mainframe applications to Web-based real-time systems.
Mr. McManamon earned a BS in Information Technology from Central Michigan University and an MBA in Finance from Wayne State University in Detroit.
Chief Information Officer
Mr. Meyer previously served as Director of IT for Encore Capital Group where his responsibilities included managing external client support and the software development team for the Cogent Product.
Mr. Meyer earned a BS in Management Science and Computer Systems, as well as a BS in Marketing from Oklahoma State University.
Chief Security Officer
Mr. Akers previously worked as the Chief Technology Officer for Change Dynamix where he oversaw the R&D of its behavioral analytics security platform. Additional experience includes leading a team of security consultants at TruArx and growing Managed Security Services at Netrex, which later became part of IBM Global Security Services.
Prior to working in the private sector, Mr. Akers served in the U.S. Army, Military Police Corp. Special Investigations Unit.