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Optiv Security
	;
Company type	Private
Industry	Cyber security
Predecessor	Fishnet Security; Accuvant;
Founder	Dan Burns
Headquarters	Denver, Colorado, United States
Number of locations	44
Area served	Worldwide
Key people	Dan Burns (CEO); David Roshak (CFO); Nate Brady (Chief Accounting Officer); Veena Bricker (Chief Human Resources Officer); Jason Clark (Chief Security and Strategy Officer); William Croutch (Senior Vice President and General Counsel); Tim Hoffman (Executive Vice President of Worldwide Client Solutions); Paul Lehman (CIO); Steve Perkins (CMO); Chris Scanlan (SVP, Worldwide Sales); Stu Solomon (SVP, Security Solutions and Operations); Dan Wilson (EVP, Partner Solutions);
Services	Information security services and solutions, technology support and training
Number of employees	1600 (July, 2016)
Website	Optiv.com

Introduction

Optiv Security is a privately owned cyber security company based out of Denver, Colorado, United States. Optiv is a pure-play cyber security company. This means Optiv helps businesses, governments and educational institutions plan, build and run successful security programs through the right combination of products, services and solutions related to security program strategy, enterprise risk and consulting, threat and vulnerability management, enterprise incident management, security architecture and implementation, training, identity and access management and managed security.^[1] A Blackstone (NYSE: BX) portfolio company^[2], Optiv has served more than 7,500 clients in more than 70 countries over the past three years. These clients are various sizes across multiple industries, including Fortune 500 companies. Optiv maintains partnerships with more than 350 of the leading security product manufacturers^[3].

History

On November 5, 2014, FishNet Security announced that it had signed a definitive agreement to join forces with Accuvant (its top competitor) to create a new, combined company. The move brought together the complementary strengths of the two organizations, creating a new provider with a broader suite of services, smarter solutions, more expertise and expanded reach to innovate and meet customers’ complex and rapidly expanding global information security needs. On February 2, 2015, the merger was completed and the transaction closed^[4]. On April 21, 2015, Accuvant and FishNet Security announced plans to launch their new, combined corporate name and brand, and to begin conducting business as Optiv Security in summer 2015. Accuvant and FishNet Security completed its transformational merger and began conducting business as Optiv Security on August 5, 2015 ^[5].

Services

Optiv Security offers an assortment of services to help businesses define strategy, identify risks and threats, deploy the respective technologies and ensure operational readiness to enable businesses through security. The following are the services.

Security Program Strategy - Partnering with a business to create new strategies to plan, build and execute effective security programs
Enterprise Risk and Compliance - Leveraging risk and compliance strategies for the development of a more secure organization
Threat and Vulnerability Management - Uncovering and remediating threats and vulnerabilities
Enterprise and Incident Management - Helping move through and beyond a security incident
Security Architecture and Implementation - Navigating complex environments to provide maximum value for decisions, architecture and security projects
Education and Awareness - Providing training to improve security and reduce risk
Identity and Access Management - Helping to drive business and reduce risk
Managed Security Services - Acts as a remote extension of a business to strengthen security responses and defenses

Technology

Optiv partners with industry-leading security product manufacturers and stays aware of new technologies that are emerging. Optiv partners with over 300 technology partners to provide integrated solutions.

Monitoring and observation - Maintaining security by monitoring and refining systems, controls and capabilities
Defenses and controls - Implementing security policies and controls to defend a business against increasingly sophisticated threats

Solutions

Optiv provides the following solutions for information security issues.

Cloud Security - Balancing the risks and rewards of cloud computing
Enterprise Security Architecture - Developing security architectures for company-wide progams
Advanced Threat - Addressing critical attacks while minimizing the effect on a business
Internet of Things - Helping to shift businesses to a more connected way of doing things as technology advances
Identity - Managing access to improve businesses while ensuring integrity and privacy
Security Intelligence - Helping businesses to gain insight into an organization's threat landscape

Acquisitions

Adaptive Communications: In June 2016, Optiv strengthened its precense in New England with the acquisition of Adaptive Communications.^[6]
Evantix: In May 2016, Optiv completed its second acquisition in less than a month, acquiring the assets of California-based Evantix GRC, a software-as-a-service (SaaS) platform that helps enterprises with regulatory compliance and assessing risk with third-party vendors and service providers. This acquisition allowed Optiv to improve its practice around third-party security risk.
Advancive: In April 2016, Optiv completed its first acquisition, Advancive Technology Solutions, a Pasadena, California-based identity and access management (IAM) vendor. Prior to the deal, Optiv had fifty employees working on IAM services. With this acquisiton, Optiv added thirty-five more employees, the ability to get deeper into identity management technologies and give Optiv a presence in India.^[7]

Awards

2016

June 2016: Ranked Top 25 Solution Provider by CRN
January 2016: Bit9 and Carbon Black Top Partner Award
January 2016: Palo Alto Networks Top Partner Award

2015

October 2015: Ranked on 2015 CRN Fast Growth 150

References

[1] ttps://www.optiv.com/about-us

[2] ttps://www.optiv.com/about-us/press-releases/accuvant-and-blackstone-complete-equity-transaction-6d1e3ff4-c59e-458d-b3a7-a31501397c95

[3] ttps://www.optiv.com/about-us/press-releases/accuvant-and-fishnet-security-complete-transformation-become-optiv-security

[4] ttp://www.crn.com/news/channel-programs/300075593/accuvant-fishnet-merger-complete-1-5b-security-behemoth-is-born.htm

[5] ttps://www.optiv.com/about-us/press-releases/accuvant-and-fishnet-security-complete-transformation-become-optiv-security

[6] ttp://www.bizjournals.com/denver/blog/boosters_bits/2016/06/optiv-security-acquisition-expands-the-companys.html

[7] ttp://www.eweek.com/security/optiv-buys-advancive-for-identity-and-access-management-services.html

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