Betrusted Completes Purchase of Security Assurance Group, Appoints New CEO and CSO Americas Region.Business Editors NEW YORK--(BUSINESS WIRE)--June 1, 2004 Combined Strength of Both Companies Adds Significant Expertise to Americas Business Betrusted, the premier global provider of security and trust services, announced today that it has reached an agreement to purchase the business of Security Assurance Group (SAG), a leader in providing Information Assurance, Security Consulting, and Managed Services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality to the U.S. Government and Fortune 1000 companies. SAG, founded by top executives and engineers from the Information Assurance community, is a Security advisory and consultancy firm offering a comprehensive suite of services that align with each stage of the security lifecycle. SAG's offerings are grouped into three service lines: Preventative, Assessment, and Post-incident. Services include Internal and External Vulnerability Assessments A Department of Defense, command, or unit-level evaluation (assessment) to determine the vulnerability of a terrorist attack against an installation, unit, exercise, port, ship, residence, facility, or other site. , Forensic Investigation and Data Recovery, Incident Response Program Development, Wireless and Dial-up Network (1) The switched telephone network regulated by government and administered by common carriers. Also called "plain old telephone system" (POTS) and "public switched telephone network" (PSTN). (2) A network that can be accessed remotely via analog modems or ISDN. Assessments, Physical Security Assessments, and Security Program/Policy Development. SAG brings a number of blue chip corporate and government clients including MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. , Unisys, U.S. Courts and the Department of Homeland Security Noun 1. Department of Homeland Security - the federal department that administers all matters relating to homeland security Homeland Security executive department - a federal department in the executive branch of the government of the United States . With the acquisition, Kerry T. Bailey, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of SAG, will become Betrusted's new CEO of the Americas Region, and will be responsible for managing and growing the Americas business of Betrusted. He brings a proven ability to drive business development in the IT security space as well as deep strategic knowledge of both security consulting and managed services businesses. "Betrusted's market leadership in security and trust services, combined with SAG's capabilities, allows the combined company to provide more comprehensive services to its clients," Bailey said. "Additionally, Betrusted's breadth of products and services will allow further penetration into the U.S. Government sector, where SAG has historically has provided extensive service." Additionally, John Kerr
Sir John Robert Kerr AK, GCMG, GCVO (24 September 1914 – 24 March 1991) was the 13th Chief Justice of the Supreme Court of New South Wales and 18th Governor-General of , SAG's Chief Security Officer and primary driver of its U.S. Federal Government business will become Betrusted's Chief Security Officer of the Americas. He brings 15 years of industry experience including serving as the Director of Information Assurance for USInternetworking (USi). "SAG's talent strengthens our management team, and their experience in the U.S. Government sector compliments Betrusted's solution sets as we continue to grow both our global and our Americas business," said John Garvey, Global CEO of Betrusted. About Security Assurance Group SAG is an Advisory and Consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a that provides Security Services Security services are state institutions for the provision of intelligence, primarily of a strategic nature, but also including protective security intelligence. Examples include the Security Service (MI5) and the Secret Intelligence Service (MI6) in the United Kingdom, and the to the U.S. Government and Fortune 1000 with an industry focus on Healthcare, Legal, Telecommunications, and Federal. The SAG team is comprised of experienced Security engineers with U.S. Government clearances, CISSP's, and industry specific knowledge and expertise. SAG brings a Business Approach to Security applying a pragmatic approach that matches security remediation and advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal based on an organization's risk. About Betrusted Betrusted is the premier global provider of security and trust services to the world's leading organizations and government agencies. Through its managed security services, Betrusted offers clients a comprehensive package of leading security products coupled with unrivalled expertise to help reduce costs, increase revenues and comply with government and industry regulations. Betrusted is wholly owned by One Equity Partners, Bank One's private equity arm. For more information, please visit our website at www.betrusted.com. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion