NetUtils has launched a new, highly integrated managed cyber security services portfolio to help businesses gain enterprise class protection at competitive price points to suit small and medium sized organisations. The new four tier bundles combine between four and 16 cyber security services ranging from Endpoint Protection and Email Security all the way up to fully fledged SOC services with prices starting at £8 per user per month.
“Managed security services provide a huge array of benefits for our enterprise customers yet have tended to be outside of the price range of smaller business that are just as likely to be attacked by cyber criminals,” said Ashok Thomas, CEO for NetUtils. “By building a set of integrated managed security services, using multiple vendors along with our own 24/7 teams, we are typically able to deliver our bundles at an overall cost that is between 40% to 70% less than a small business trying to buy and implement all of the separate solutions – and that’s even before staffing costs.”
The new managed security services also aim to address the significant skills shortage that UK businesses face in recruiting and retaining skilled cyber security professionals. A problem highlighted by the 2020 ISACA’s Global State of Cybersecurity that found 62% of respondents indicated that their organisation’s cybersecurity team is either somewhat or significantly understaffed.
One of the first organisations to sign up for the new managed service is London based Polar Capital, a specialist investment fund manager. “In the past, we have run some of the elements within the NetUtils managed service in-house but the cost of the hardware, licensing fees and difficulty in finding staff with strong cyber security skills has been a real challenge,” explained Mike Catlin, CTO at Polar Capital. “NetUtils helped us setup our existing IT systems and the new managed services provide us with better cyber security protection backed by a skilled team and for a lower cost.”
NetUtils has invested over £1.2 million adding more staff, enhanced training, and additional data centre capacity to deliver the new cyber security services. “Our aim is to offer the same level of professionalism and technical expertise that our current clients receive to a wider range of organisations that are keen to focus on their core business – while letting a trusted partner take care of the security burden,” stated David Bundock, COO for NetUtils.
As part of the launch, NetUtils are offering a free Dark Web scan to any organisation to evaluate areas of risk around security credentials and the potential benefits of moving to its managed services model.