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Friday, January 15, 2021

OPAQ Acquires FourV Systems to Beef Up Managed Security

Security-as-a-service provider OPAQ Networks has acquired FourV Systems, maker of GreySpark, which provides business intelligence for managing security operations.

The patented GreySpark technology will be integrated into the OPAQ Cloud platform and enable managed service providers (MSPs) and managed security services providers (MSSPs) to automate the assessment of midsize customers’ security architecture and regulatory compliance maturity.

Effectively communicating the need for and value of security investments to business decision-makers is often a challenge for MSPs and MSSPs. The integration of FourV’s risk and executive reporting platform enables OPAQ channel partners to provide automated security metrics and key performance indicators to non-technical management in terms that are easy to understand, the companies said.

“The OPAQ Cloud platform already makes it simpler for service providers to deliver and manage Fortune 100-grade security for their midsize enterprise customers,” said Ken Ammon, chief strategy officer of OPAQ Networks. “The integration of FourV Systems’ GreySpark further enables our partners to demonstrate to customers the value of the security services they are providing.”

“OPAQ Networks shared our vision for automating security operations management, and we felt their focus on providing a turnkey, enterprise-grade solution for MSPs and MSSPs will revolutionize offerings in that market,” added Derek Gabbard, president of FourV Systems. “From a technical standpoint, GreySpark was a natural fit for the OPAQ Cloud platform. It provides a transparent overlay that gathers the intelligence and metrics service providers need to manage and report on the security and compliance posture of their customers to both IT and business leaders.”

Manual security data collection, analysis and reporting is a high cost component for MSPs/MSSPs, and is difficult to scale across large customer bases. The acquisition of FourV Systems extends the OPAQ Cloud platform with automation and machine learning, automating many security management operations and enhancing managed detection and response (MDR) activities.

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