BT Invests in Cyber Risk Management Company Safe Security
BT, which has a Top 250 MSSP business unit, has announced a multi-million pound investment in cyber risk management firm Safe Security. Exact financial details were not disclosed.
With the investment, BT will be granted exclusive rights to sell Safe’s Security Assessment Framework for Enterprises (SAFE) platform to businesses and public sector bodies in the United Kingdom, the telecommunications company said. BT also will work with Safe to develop future products.
In addition, BT will incorporate SAFE into its managed security services, the company noted. BT customers will be able to use SAFE to check the status of their security posture and understand the likelihood of cyberattacks.
SAFE provides organizations with a real-time view of their security posture and the cyber threat landscape, Safe noted. It allows users to calculate the costs associated with cyber risks and generate insights into the steps they can take to address them.
Furthermore, SAFE enables organizations to target gaps in their security posture, Safe stated. That way, organizations can leverage the platform to minimize the risks associated with current and emerging cyber threats.
BT Introduces Microsoft Azure Sentinel SIEM Service
The BT-Safe Security deal surfaces one day after BT’s MSSP business vowed to embrace Google Autonomic Security Operations, which leverages Google Chronicle security analytics technology.
Earlier, BT in July 2020 unveiled a Microsoft Azure Sentinel security information and event management (SIEM) service. BT introduced the service at the Microsoft Inspire 2020 worldwide partner conference.
The SIEM service combines alert detection with threat visibility and response, BT said at the time. It leverages data from Sentinel and BT’s cybersecurity expertise and threat intelligence.
BT delivers managed security, threat intelligence and security consulting services globally. The company also provides communications services and solutions to consumers and businesses.