Cipherpoint ramps up SMB, local govt managed security services

Ted Pretty (Cipherpoint)

Credit: Cipherpoint

Cipherpoint
is ramping up its managed security service offerings for the small- to medium-sized
businesses (SMB) and local government sectors as it plans to launch a new security operations centre (SOC).

The publicly listed cyber security provider told shareholders it is in the “advanced stages” of planning its second security operations centre which will be based in  Tasmania.  

According to Cipherpoint, the centre will service Tasmanian government and business customers, while supporting other solutions across Australia.

The move comes as Cipherpoint plans to launch a new managed cyber
security service for SMBs. For this, the company will tap into its Brace168 subsidiary’s existing SMB clients, which use Cipherpoint’s security and managed desktop
services.

Brace168, which was acquired by Cipherpoint in January 2021 for $4.2 million, gave the company its first SOC, which is based in Sydney.