CENTENNIAL, Colo., April 08, 2019 (GLOBE NEWSWIRE) -- VirtualArmour International Inc. (CSE:VAI) (OTCQB:VTLR), a premier cybersecurity managed services provider, has expanded its security services engagement with a leading global gemological organization with more than 18 research and laboratory centers around the world. The contract value for the additional professional and managed security services totals more than $400,000 over the next 12 months.
A managed Palo Alto Networks firewall solution will be augmented by VirtualArmour’s dedicated managed security service provider (MSSP) solution. The comprehensive deployment will be designed to support the ingestion and correlation of large security-related data sets, while providing security monitoring and real-time visibility into the threat landscape. This will also include Managed Splunk for continuous visibility into the entire organization and SOCaaS for a complete enterprise Incident Response lifecycle solution. This will shorten investigation cycles while better prioritizing, confirming and taking actions on higher priority threats.
“Like with an increasing number of global enterprises, this valuable client recognized the need for a more encompassing and responsive information security posture,” said VirtualArmour CEO, Russ Armbrust. “By leveraging more of our managed security services and highly-trained engineers, they can now better support growth and expansion while maintaining best-in-class cybersecurity. Our solutions cater to the needs and demands of such international clients, which provides tremendous value and premium protection with our globally-based security operation centers.”
VirtualArmour’s MSSP solution employs a wide range of technologies to manage, monitor and maintain the customer security systems and prevent security breaches. As VirtualArmour’s team of expert analysts actively hunt for security threats before they become a problem, the company’s security platform can alert the customer to a possible security threat within 15 minutes of detection and provide thorough breach analysis.
As part of the services package, the customer will also have access to CloudCastr®, VirtualArmour’s proprietary platform that provides 24/7 security visibility. CloudCastr is a single web-based dashboard that integrates all of a client’s network devices and security software that are deployed across multiple locations. The intelligently designed interface provides visual, real-time dynamic monitoring and visualisation of threat levels and overall network security. It allows VirtualArmour customers to understand and mitigate threats in real time. CloudCastr also provides VirtualArmour security professionals visibility into a customer’s network, and supports rapid 24/7 response time from VirtualArmour’s global security operation centers.
About VirtualArmour
VirtualArmour International is a global cybersecurity and managed services provider that delivers customized solutions to help businesses build, monitor, maintain and secure their networks.
The company maintains 24/7 client monitoring and service management with specialist teams located in its U.S. and UK-based security operation centers. Through partnerships with best-in-class technology providers, VirtualArmour delivers leading hardware and software solutions for customers that are both sophisticated and scalable, and backed by industry-leading customer service and experience. The company’s proprietary CloudCastr client portal provides unparalleled access to real-time reporting on threat levels, breach prevention and overall network security.
VirtualArmour services a wide range of clients, which include Fortune 500 companies and several industry sectors in over 30 countries across five continents. For further information, visit www.virtualarmour.com.
Important Cautions Regarding Forward Looking Statements
This press release may include forward-looking information within the meaning of Canadian securities legislation and U.S. securities laws. This press release includes certain forward-looking statements concerning a service contract VirtualArmour has entered into with a current client, VirtualArmour’s continued relationship with various suppliers, the future performance of our business, its operations and its financial performance and condition, as well as management’s objectives, strategies, beliefs and intentions. The forward-looking information is based on certain key expectations and assumptions made by the management of VirtualArmour. Although VirtualArmour believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information as VirtualArmour cannot provide any assurance that it will prove to be correct.
Forward-looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the success of the Company in performing the IT implementation and migration, performance under the contract by all parties, the ability of VirtualArmour to meet timelines, the continued availability of necessary hardware, the absence of any trade war or tariffs affecting VirtualArmour’s ability to perform, competitive risks and the availability of financing. These forward-looking statements are made as of the date of this press release and VirtualArmour disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
Company Contact
Russ Armbrust
CEO
VirtualArmour International Inc.
Tel (720) 644-0913
Email Contact
Investor Relations:
Ronald Both or Grant Stude
CMA
Tel (949) 432-7566
Email Contact