CYOSS acquires majority stake in RadarServices
CYOSS based in Munich has acquired a majority stake in RadarServices, the European market leader in the field of Cyber Risk Detection.
CYOSS GmbH, an ESG Group Company, has acquired a majority stake in the cyber security company RadarServices based in Vienna. ESG thus continues to follow its course of growth and expansion.
The alliance between Munich-based CYOSS and RadarServices brings together Germany‘s specialist for data analytics, IT and OT security with Europe’s leading technology company in the field of Cyber Risk Detection & Response. The companies form the first global player for “Cyber security made in Europe“: With locations in Europe, USA, Middle East, Asia and Australia they provide customers in 170 countries with a perfectly integrated portfolio comprising consulting, testing, detection & response and training in the field of cyber security and integrated big data services.
Strategy – technology – organisation and compliance: Companies and public authorities can now benefit from a one-stop-shop for IT security knowhow in all of these fields.
The portfolio covers the entire value chain and customer references come from almost all industries. 617 petabytes of data, 74 trillion events and 917 million vulnerability information are analysed and an average of 2.9 million incidents are identified in Europe‘s largest cyber defence center in Vienna. Germany's first Cyber Simulation & Training Center in Munich uses realistic simulations of cyber attacks on an IT infrastructure to train IT security experts. Special courses for employees and managers increase awareness for IT security risks.
Our holistic approach, in-house developed technology and comprehensive portfolio attract the best IT security analysts worldwide and protect the values of the European economy and society.
CYOSS and RadarServices are continuing on their road to success and are sustainably expanding the strong growth they have achieved in recent years - both organically and through forther strategic acquisitions. The previous majority shareholders and founders of RadarServices continue to be responsible for the successful development of RadarServices.
CYOSS GmbH, an ESG Group Company, provides cross-sector data analysis, cyber and IT security services. CYOSS helps its public sector and industry customers to realise the potential of digitization by applying innovative data analytics and also to protect themselves effectively from cyber risks such as cyber attacks, industrial espionage, sabotage and data theft. CYOSS is a reliable partner, offering tailor-made approaches and solutions based on pioneering technologies while incorporating processes and the human factor. CYOSS customers benefit from decades of expertise in the security environment as well as from the innovative portfolio of the entire ESG Group, including Germany's first Cyber Simulation & Training Center.
More information: www.esg.de/en/division/cyoss/
RadarServices is Europe‘s leading technology company in the field of Detection & Response. In focus: The early detection of IT security risks for corporations and public authorities offered as a Solution or a Managed Service. The cutting-edge, in-house developed technology platform is the basis used for building up a client’s Security Operations Center (SOC) or it is used in combination with our expert analysts, documented processes and best practices as SOC as a Service. The result: Highly effective and efficient improvement of IT security and IT risk management, continuous IT security monitoring and an overview of security-related information throughout the entire IT landscape of an organisation.
RadarServices received the Deloitte Technology Fast 500 Award as one of the Top 100 fastest growing technology companies in the EMEA region (Europe, Middle East, Africa) in December 2017 for the second time in succession.
More information: www.radarservices.com