High Wire Networks Inc., a global provider of managed cybersecurity and technology enablement, has won a major new contract from a channel partner to deliver High Wire’s Overwatch OT/IoT Security for a U.S. health system comprised of more than 25 hospitals and clinics and dozens of ancillary care facilities.
The engagement includes onboarding and delivering agentless, zero trust, managed cybersecurity security services for more than 2,000 IoT-type (Internet-of-Things) devices across multiple campuses.
“The increasing use of IoT devices to control and monitor other devices and systems brings with it the added complexities of securing their network connections, especially in medical spaces,” says High Wire COO Stephen LaMarche. “FDA regulated devices cannot be properly protected by traditional security software, so healthcare organizations have few options for patching these devices and eliminating security vulnerabilities.
“We believe our Overwatch OT/IoT Security solution can control access to the plethora of divergent IoT devices in a way that others cannot, and with the efficiency and effectiveness of agentless configurations that can be monitored by our U.S.-based 24/7 Security Operations Center.”
At the heart of High Wire’s network and security centers is Overwatch SOAR, a proprietary Security Orchestration, Automation, and Response technology. The AI embedded in SOAR automatically consolidates alerts from various threat prevention and detection-and-response platforms, providing enhanced visibility, improved correlation, and faster remediation.
Adds LaMarche, “For our professional security experts, SOAR acts as a powerful force multiplier, enabling us to provide the most secure and cost-effective cybersecurity solutions available on the market today.”
High Wire delivers its Overwatch managed security services exclusively through its global network of managed service providers (MSPs) and managed security service providers (MSSPs) that now total more than 625 worldwide.
“This major win represents a strong validation of our unique cybersecurity solution, especially after our channel partner and their customer evaluated multiple competitive alternatives before choosing Overwatch,” says company CTO David Barton. “The evaluation process included months of extensive proof-of-concept testing, with our Overwatch OT/IoT Security coming out the clear winner.”
Security breaches and ransomware attacks on critical infrastructure is on the rise, costing organizations millions of dollars to remediate. According to a recent report from IBM, the average cost of a business data breach in the U.S. totals on average $9.4 million. However, businesses can save on average $3.1 million with fully deployed security automation.
“In the case of attacks on healthcare systems, lives are also at stake,” says High Wire CEO Mark Porter. “In its industry survey, IBM found that 79% of critical infrastructure organizations have yet to deploy a zero-trust architecture on their network. For addressing the growing threats and associated costs that can be avoided, we believe Overwatch provides our channel partners the best security solutions for their valued clients.”