UPDATED 09:00 EST / JULY 17 2024

SECURITY

Neovera acquires Emagined Security to strengthen cybersecurity services

Managed information technology service provider Neovera Inc. announced today that it has acquired cybersecurity solutions provider Emagined Security Inc. for an undisclosed sum.

Founded in 2002, Emagined Security offers a range of services focused on safeguarding organizations from cyberthreats. The company’s offerings include risk assessments, which help identify and mitigate potential vulnerabilities and penetration testing, which simulates cyberattacks to evaluate the effectiveness of existing security measures.

Emagined Security also provides managed security services that offer continuous monitoring and incident response, ensuring that any potential breaches are quickly identified and addressed.

One of the company’s key offerings is what it calls a virtual chief information security officer service. The vCISO service provides organizations with access to experienced security leadership on a part-time or full-time basis, negating the need for companies — particularly small and medium-sized firms — to hire a full-time CISO. The services also helps develop and implement security strategies, ensure compliance with regulatory requirements and manage overall security posture.

Emagined Security also emphasizes compliance management throughout its offerings, assisting organizations in meeting various regulatory standards such as the Health Insurance Portability and Accountability Act, Payment Card Industry Data Security Standard and the European Union’s General Data Protection Regulation.

The acquisition will be used to enable Neovera to extend its current security operations center operations, which are located primarily on the East Coast, across the U.S. The enhanced SOC operations will provide increased visibility and control over customers’ security systems, maximizing the resiliency and availability of mission-critical applications.

The integration of Emagined Security’s services is said to amplify Neovera’s existing capabilities in penetration testing, vulnerability assessments and management, threat intelligence and security operations consulting, increasing its incident response capabilities to contain and eradicate cyberthreats from customers’ environments.

“Emagined Security has deep cyber expertise and a proven track record of success addressing clients’ most complex and mission-critical security needs,” said Chief Executive Scott Weinberg. “This acquisition allows us to expand the redundancy and capability of SOC, reinforcing our commitment to address the challenges security professionals face in highly regulated industries.”

Coming into its acquisition, Emagined Security had raised under $5 million in venture capital across two rounds, according to data from Zoominfo.

Image: Emagined Security

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