Content, Channel partners, Channel investors, MSSP

F-Secure Acquires MWR InfoSecurity for Threat Hunting Services

Credit: Getty Images

F-Secure, a Finnish cybersecurity solutions provider, has announced plans to acquire MWR InfoSecurity for an undisclosed sum. The MWR acquisition makes F-Secure the largest European provider of cybersecurity services and detection and response solutions, the company claims.

With the acquisition, F-Secure will integrate MWR's Phish'd managed phishing protection services and Countercept threat hunting platform into its portfolio, the company said. F-Secure also will add nearly 400 MWR employees to its team.

Founded in 2003, MWR is a research-led MSSP. It offers a variety of managed security services, including:

  • Countercept: Delivers cyberattack detection and response.
  • Phish'd: Teaches employees how to identify and respond to phishing attacks.
  • Vulnerability Assessments: Include wireless scanning, PCI assessments, web app scanning and other managed auditing and scanning services.

MWR has posted €31.1 million (approximately $36 million) in total revenue according to generally accepted accounting principles (GAAP) over the past 12 months, up 24 percent year over year. Meanwhile, the MWR acquisition could help F-Secure accelerate its growth, CEO Samu Konttinen stated.

Together, MWR and F-Secure will have hundreds of cybersecurity consultants on staff, the companies indicated. These consultants will work with organizations and perform cybersecurity simulations, analyze cyber threats and upgrade F-Secure's portfolio to help customers address advanced cyberattacks.

What Is F-Secure?

F-Secure was established in 1988 and provides endpoint detection, protection and response solutions to consumers and businesses around the world. The F-Secure cybersecurity solutions portfolio includes:

  • Cloud Protection for Salesforce: Offers Salesforce reporting, security analytics and audit trails.
  • Internet Gatekeeper: Delivers real-time protection from malware and other harmful content in email, files and URLs.
  • Messaging Security Gateway: Blocks unwanted and harmful messages and eliminates the possibility of data leakage.
  • Radar: Allows users to identify and manage both internal and external threats, report risks and maintain compliance with industry regulations.
  • Software Updater: Scans computers for missing software updates and keeps Windows and third-party applications up to date and patched from vulnerabilities.

F-Secure's total revenues reached €169.7 million (approximately $158.3 million) in 2017, which represented a 7 percent year-over-year increase. In addition, F-Secure has projected its corporate security revenues will increase over 15 percent and its consumer security revenues will remain the same year over year in 2018.

Dan Kobialka

Dan Kobialka is senior contributing editor, MSSP Alert and ChannelE2E. He covers IT security, IT service provider business strategies and partner programs. Dan holds a M.A. in Print and Multimedia Journalism from Emerson College and a B.A. in English from Bridgewater State University. In his free time, Dan enjoys jogging, traveling, playing sports, touring breweries and watching football.