Zyston, a Dallas, Texas-located managed security services partner, has acquired Blue Lava, whose cloud-based cybersecurity program management solution is designed in collaboration with the chief information security officer community.
Terms of the deal were not disclosed. This is technology M&A deal number 278 that MSSP Alert and sister site ChannelE2E have covered so far in 2023.
For Zyston the Blue Lava purchase is a strategic move to further enhance its cybersecurity performance management (CPM) platform by integrating Blue Lava's technology with Zyston's CyberCast security program maturity software.
Cybersecurity performance management refers to the processes and practices organizations use to assess, measure, monitor, and improve their cybersecurity posture. By implementing effective cybersecurity performance management practices, organizations can better protect their sensitive data, reduce the risk of breaches, and improve their incident response.
CyberCast is Zyston’s proprietary security management system based on its program management methodology. The technology is intended to aid security and risk leaders to assess and manage the performance of cybersecurity programs using a risk-based, outcome-driven approach, company officials said. It also aims to help organizations quantify the impact and effectiveness of their security investments while identifying gaps in security performance.
Craig Stamm, Zyston chief executive said that combining the Blue Lava platform with Zyston's CyberCast platform “will significantly enhance our capabilities and advance our efforts to shape the market in this space."
Two Companies with Similar Visions
Zyston’s managed services plans include:
- Detect & Respond (EDR, MRD, XDR)
- Managed SIEM
- Vulnerability Management
Demetrios Lazarikos, Blue Lava’s founder, said that Zyston and Blue Lava have “very similar visions, building products and services with, by and for the CISO community.” He said the Zyston deal will enable Blue Lava to “continue empowering security leaders to communicate effectively about their cybersecurity program in the language of the business."