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Is Cybersecurity-as-a-Service a Good Fit for Your Business?

Businesses of all sizes are ripe targets for cybercriminals. Even a single malicious attack can damage your company’s reputation, halt operations, and cause significant financial losses. The most common types of preventable cyberattacks are phishing emails, ransomware, man-in-the-middle (MitM), and denial of service (DOS) attacks. A large percentage of attacks occur due to insufficient cyber security. According to a study by Forbes Magazine, only 50% of U.S. companies have a cyber security plan, and 41% of executives believe that their security practices are not adequate to protect them from an attack.

In-house security is costly and only as good as your best IT person. Cybersecurity-as-a-service can be a much better solution, offering top-tier protection by cybersecurity professionals at an affordable price. The pros and cons below can help you decide.

What is Cybersecurity-as-a-Service?

Cyber security refers to hardware, software, and security practices that protect a company from intrusion, data breaches, and losses. Cybersecurity-as-a-service is outsourcing your cyber security needs to a managed provider that uses its expertise to evaluate your needs, secure your digital assets and data, and respond to attacks.

Outsourcing your company’s cyber security is a cost-effective way to protect your network using adaptable, flexible options that continue to grow with your company as the cyber security landscape changes. When deciding on CSaaS, finding a reliable and trusted partner that you can count on for the long term is essential.

Pros and Cons of Cybersecurity-as-a-Service

Businesses rely heavily on digital data, often collecting and storing personal information from employees, customers, vendors, and partners. Any information stored on corporate networks or online with third-party vendors poses a significant risk of data breaches and identity theft. CSaaS is a viable solution to enhance a company’s cyber resilience. The pros and cons of using CSaaS are:

CSaaS Pros

Top-Tier Protection for Less

Cybersecurity-as-a-service offers you top-tier protection for less than you would pay for an in-house IT department. CSaaS includes an initial assessment, identifying exposure and risks, a customized plan specifically designed to protect your business assets, ongoing managed detection, and rapid response and recovery. Some of the services included are:

●      Remote Monitoring and Management

●      Firewall Integration

●      Protective DNS

●      Zero Trust Model

●      Extended/Endpoint Detection and Response

●      Security Information and Event Management

●      Threat Mitigation and Response

●      Backup

●      Recovery

●      24/7 Support

Cost-Effective/Easy-to-Use Solutions

Anyone on staff can use CSaaS without installing complex software, adding new hardware, or hiring new people. CSaaS is a good option for companies with fixed budgets that need top-level protection at an affordable price and many providers offer training and support.

Data Protection/Breach Prevention

Many businesses don’t have the human resources for 24/7 cyber security protection. With a CSaaS solution, you get around-the-clock threat detection monitoring to prevent data breaches and keep your company, customer, and employee data safe.

Compliance

Some companies are subject to state, local, or federal data security laws. CSaaS can help your business stay compliant by protecting your data 24/7 comprehensively using a practical cybersecurity assessment combined with threat detection and a rapid response plan.

Quick and Easy to Deploy

Outsourcing your cyber security operations to a trusted partner is quick and easy. You don’t have to worry about a complicated onboarding process or installing anything new. You can be up and running and fully protected within a few days, not months.

Rapid Response

To prevent financial, operational, and reputational damage after an intrusion, you must detect cybersecurity threats quickly and respond. Cyberleaf’s automated tools continuously monitor systems to reduce threat detection and response time from months to minutes. The faster you detect and mitigate a problem, the less damage it can cause. Timing is critical.

Adaptable/Flexible/Scalable

CSaaS allows you to stay on top of the ever-evolving threat landscape. It’s adaptable, flexible, and scalable, and as your business grows, so does your cybersecurity plan. You do not want to pigeonhole yourself into a solution you may outgrow within a few years.

Cyber Resilience with a Trusted Partner

When trusting something as valuable as your cyber security to a partner, they must have a reputation for reliability, extensive experience, and expertise in dealing with cybersecurity threats.

CSaaS Cons

Initial and Ongoing Costs.

Most things come with some initial and ongoing expenses. However, over the long term, CSaaS is less expensive than hiring a team of IT experts and paying for 24/7 coverage. Find a provider that offers top-tier protection for an affordable monthly rate. You cannot put a price on data protection and intrusion prevention.

Reduced Control

Many people think that outsourcing cyber security means losing control, but with CSaaS, your staff has complete control over the tools and monitoring and has access to ongoing training and 24/7 support. Plus, outsourcing takes the responsibility to get it right off you. Cyberleaf employs top-notch security professionals who do this every day.

Industry-Specific Limitations

If you have industry-specific limitations or your business is highly unique, CSaaS may not be a good fit. However, most companies can benefit from outsourcing and relying on experts to keep their digital assets safe.

What to Look for in a Cybersecurity Company

Finding the right cybersecurity partner is critical. Choose a tech agnostic company (meaning they don’t require any specific hardware or software) who can handle your current setup without any expensive changes, who is also flexible and adaptable enough to create a customized security plan for your business.

Some things to look for in a cybersecurity company are:

●      Reliability

●      Seamless Transition

●      Cost-Effective Solution with No Additional Investment

●      Quick and Easy to Deploy and Use

●      Top-Tier Affordable Cybersecurity for Everyone

●      Tech Agnostic

●      Data Breach Monitoring, Protection, and Rapid Response

Any company can benefit from cybersecurity-as-a-service to strengthen their risk assessment, enhance their security practices, and shorten their response time and recovery from online threats. If you want to learn more about how to create a cyber security plan for your business, contact us today!

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Jonathan Meyn

Director of Channel Sales

Jonathan is responsible for the Channel Strategy at Cyberleaf. He has over 10 years of experience in various technology solutions sales leadership roles. He has driven cybersecurity strategy and growth within the nation’s leading managed service providers.

Jonathan has a Communications Degree from Pennsylvania State University.

Brant Feldman

CSO

Brant served in Naval Special Warfare for 11 years.  He separated as a Lieutenant Commander having served at SEAL Team TWO, SEAL Team FOUR, and SEAL Team SIX.  Following his Naval service, Brant joined ADS in 2008 and was ultimately promoted to Chief Sales Officer, where he directed all sales, supplier, and marketing efforts.  His team was comprised of over 200 sales professionals who drove $3.2B in annual sales.  In 2022, Brant left ADS to pursue opportunities in Private Equity.

Brant has a Juris Doctorate from the University of Virginia School of Law, an Executive MBA from the Darden School of Business and degrees in Economics and Government from the University of Virginia.

Will Sendall

CFO

Will served as Chief Financial Officer to various private equity and VC backed high growth technology companies where he managed the financial and operational functions.  Will has also successfully executed multiple debt and equity fundraising processes and led both buy and sell sides of M&A processes.

Will has a MBA from the University of North Carolina – Chapel Hill and a degree in Accounting from Appalachian State University. 

Marshall Howard

Executive Vice President

Marshall is responsible for engineering and project management for Waterleaf. He has over 20 years executive experience across startup operations and Fortune 500 companies in multiple areas including Operations, Engineering, and Technology Implementation, Business Planning/Budgeting, Finance/M&A, Revenue Assurance, and Regulatory Affairs.

Previously Marshall served as a Vice President at T3 Communications, Inc., a Fort Myers, FL based CLEC and managed services provider. Prior to joining T3, Marshall served as VP of Network Technology and Business Development at Cleartel Communications (now part of Birch Communications) where he played a major role in the acquisition and integration of three other CLECs.

Marshall earned a BS in Physics from Rhodes College, a MSEE from Vanderbilt University, an MBA from Southern Methodist University and completed post-graduate work in Finance and Economics at Vanderbilt University. In addition, he has earned a Project Management Professional (PMP) certification.

David Levitan

President

David has over 30 years of experience as a telecommunications industry executive, leading technology and services organizations that have designed, built, and maintained fiber and wireless infrastructure across the US and internationally. He has extensive development, product marketing and general management experience operating independent, sponsor-backed, and publicly traded companies.

David’s previous experience includes executive leadership roles in start-up and publicly traded companies. As President of C-COR Network Services, he drove over 30% sales growth through a team of 400 employees delivering network infrastructure services for broadband operators, while also serving as an officer of parent company C-COR, Inc. At Scientific-Atlanta, Inc David held a progression of leadership and executive positions as the broadband division grew from ~$100 million to over $1.5 billion in annual sales. During his tenure he held product management, strategic planning, and general management roles, including overseeing the rapid growth of the company’s largest business unit, and establishing and scaling a unit delivering domestic and international professional services. As Vice President of CableMatrix, David also helped raise $5 million in series A venture funding for a policy management software startup.

David completed his undergraduate work at Cornell University with a BA in Economics and holds an MBA from the Harvard Graduate School of Business. 

Adam Sewall

CEO

Adam has been a successful senior executive and entrepreneur in the telecomm industry for more than 20 years. Adam has demonstrated success in complex technology deployments, as well as strategic planning, corporate development M&A, business development, operations, and general management. This experience also includes several significant liquidity events for shareholders.

Adam has had significant experience in the design, deployment, and operation of fiber, cellular, point-to-point and other communications networks in the US, Asia and SE Asia. Included in these deployments are AMPS, GSM, CDMA/TDMA, spread spectrum, Wi-Max/Wi-Fi and various Metro and long-haul fiber networks.

Prior to Waterleaf Adam was the President and CEO of T3 Communications Inc. www.t3com.net a next generation CLEC based in Florida. He has also held executive management positions in operations, strategic planning and corporate development at T-Mobile and Verizon Wireless.

Adam’s technical background includes work in RF engineering, SDR, mobile s/w development, hardware engineering and telecommunications architecture. His project management and operations background include certifications in project management, GSM/PCS, numerous telecom standards and the successful integration of complex infrastructure as well as global deployments of software and communications networks.

He holds a BS Degree from SUNY and has completed graduate studies in engineering, finance, mathematics and economics at Stevens Institute, Columbia and Pace Universities.