BALTIMORE--(BUSINESS WIRE)--FourV Systems, a provider of information technology risk intelligence for the enterprise, today announced GreySpark Central™ for consolidated cyber risk management. This enhancement to GreySpark enables Managed Security Service Providers (MSSPs) to centrally manage deployments and view risk and performance indicators within and across organizations. Designed to measure information technology risks and performance through standardized metrics, organizations such as Managed Security Service Providers or companies with multiple subsidiaries will be able to have a single view and individual control of their entities.
Significant increases in cybercrime and threats, an amplified need to meet compliance requirements and data protection laws, in combination with a global talent shortage and budget restraints, have driven enterprises to seek out MSSPs to support their security programs. This market traction is expected to sharply increase. Based on a global forecast of Managed Security Service Market, it is projected that the MSSP market will grow from $17.79 billion currently to $35.53 billion by 20201. GreySpark Central will enable MSSPs to differentiate the value they are providing to their customers.
“Mature enterprises work with MSSPs to balance in-house differentiated security expertise with external commodity services. The combination creates a balanced case for security investments,” said Casey Corcoran, Partner at FourV Systems. “However, many MSSPs are performing advanced services, for which they cannot demonstrate the value delivered in improving their client’s security posture. GreySpark Central is designed with these needs in mind. With Central, MSSPs are able to generate automated reports, diagnose, identify and eliminate risk drivers and enable effective communication to the customer, regarding their specific IT environment. They can also compare metrics across customer sets such as industries and geographic boundaries.”
GreySpark takes the guesswork out of prioritization by enabling a guided diagnosis of risk drivers so that analysts can easily identify and eliminate threats. With a consolidated view, the platform includes centralized management consoles designed for simplified deployment and management across a portfolio of customers or subsidiaries, while providing cross-sectional views of risk metrics. GreySpark enables the communication and awareness needed to focus security efforts on the events that matter – those driving risk in the enterprise.
For more information on GreySpark for Managed Security Service Providers, visit: http://info.fourv.com/hubfs/GreySpark%20For%20MSSP%2001102017.pdf
About FourV Systems
FourV Systems is an SRC Company located in Baltimore, MD and is dedicated to helping organizations manage business risk aligned with IT operations. FourV leverages existing IT investments to measure IT security health via a simple index that provides fact-based information about organizational risk. With more than 60 years of commercial, defense and intelligence experience, FourV builds on a foundation of experts in cyber security and analytics. With FourV, business risk managers can have confidence in their IT security decisions and investments. For more information, visit www.fourv.com.
1 Managed Security Service Market by Service Type, Organization Size (Small and Medium Enterprises, Large Enterprises), Deployment (Cloud Deployment and in-Premises Deployment), Vertical, and Region - Global Forecast to 2020