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Open Systems Acquires Tiberium for Automation and Collaboration Technology to Mitigate Cyberthreats with Greater Speed and Accuracy

Open Systems Acquires Tiberium for Automation and Collaboration Technology to Mitigate Cyberthreats with Greater Speed and Accuracy

By AP News
Published - Nov 29, 2022, 08:33 AM ET
Last Updated - Jun 23, 2023, 10:22 AM EDT

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Nov 29, 2022--

Open Systems, a leading provider of next-gen managed detection and response (MDR) services and winner of the 2022 Microsoft Security MSSP Partner of the Year award, today announced its acquisition of Tiberium, a U.K.-based provider of highly automated managed security services based on Microsoft security solutions. Open Systems will leverage Tiberium’s advanced automation and collaboration capabilities to help customers prioritize, decide and act on reducing their risk and mitigating cyberthreats faster than ever before.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221129005361/en/

Open Systems CEO Geoff Haydon and Tiberium CEO Drew Perry join forces to bring next-gen automated cybersecurity to a global audience (Photo: Business Wire)

“Tiberium’s experience in automating security will allow us to detect and respond to threats faster and more impactfully. As importantly, automation increases our ability to proactively protect customers, and to expand our advantage over competitive ‘reactive’ MDR solutions,” said Geoff Haydon, CEO of Open Systems. “Quickly containing detected cyberthreats is certainly important. Preventing them altogether, however, is our ultimate goal.”

Automation is increasingly recognized as a key to improving the effectiveness of cyber defenses. Though often affiliated with response actions, automation can be applied to many areas of the cybersecurity lifecycle including threat detection and investigation. Tiberium leverages advanced automation to consistently expedite Tier 1 alert triage and investigation, freeing up security analysts to focus on more complex threats.

Complementing its automation capabilities, Tiberium’s unique collaboration model will allow Open Systems security analysts to interact with customers in real time on any device at any time. Its highly innovative use of Microsoft Teams leverages Power Platform and OpenAI to give customers faster access to their designated SOC resources and information critical to quickly making informed decisions.

Tiberium was founded by its CEO Drew Perry with the objective of using automation to provide superior services compared to traditional MDR providers. From its headquarters in London, the company has expanded quickly, serving a growing number of customers, predominantly in the financial and legal industries. Extensive automation and the use of Microsoft Teams for customer collaboration are key to Tiberium’s ability to serve customers efficiently with a comparatively small SecOps team.

Tiberium is the first UK-based Microsoft Sentinel next-gen XDR provider and its current service offerings, which include XDR/Managed SOC, are based on Microsoft security solutions. Like Open Systems, Tiberium is a Microsoft Gold Partner and a member of the Microsoft Intelligent Security Association (MISA).

“We are excited to join forces with Open Systems who shares our vision of automation and real-time collaboration to dramatically improve customers security maturity,” said Perry. “We both have deep expertise in Microsoft security and are now taking our game changing SecOps model to a global audience.”

The companies’ commitment to Microsoft customers and their deep understanding of Microsoft security solutions have received prominent public recognition, including:

About Open Systems

Open Systems delivers cybersecurity beyond expectations. Our award-winning managed detection and response (MDR) and secure access service edge (SASE) services connect and protect customers today while increasing their security maturity for tomorrow. Our Mission Control SOCs and NOCs provide 24×7 global coverage for over 10,000 locations across 184 countries. As a five-time Microsoft Gold Partner, we help customers better grasp and reduce their attack surfaces by unlocking the value of their security investments. With our outstanding Net Promoter Score of 60+, it’s no wonder our customers call it crazy good cybersecurity. Discover more at open-systems.com.

About Tiberium

Tiberium is an automation and collaboration focused XDR provider built with Microsoft technology and a MISA (Microsoft Intelligent Security Association) member. We lead the way with Tiberium MYTHIC, a managed XDR service that helps prevent, detect and react to security incidents. MYTHIC is powered by our world leading automation engine, Tiberium FROST, which drives security and time saving benefits by combating threat actors. We have pioneered genuine collaboration by developing the world’s first Microsoft Teams Cyber Defence integration – creating incident response actions, delivering real time dashboards, security hardening recommendations and the ability to interact directly with our Cyber Defenders. Our customers love it. Beyond automation, our human led threat hunting is proactive and helps spot things software won't find on its own. Discover more at tiberium.io.

View source version on businesswire.com:https://www.businesswire.com/news/home/20221129005361/en/

CONTACT: Open Systems contact:

John Giddings

mediarelations@open-systems.comU.S. PR contact:

Bospar

Matt Culbertson

PRforOpenSystems@bospar.comU.K. PR contact:

Liberty

James Meredith

opensystems@libertycomms.com

KEYWORD: CALIFORNIA NORTH AMERICA UNITED STATES IRELAND UNITED KINGDOM EUROPE

INDUSTRY KEYWORD: SECURITY APPS/APPLICATIONS TECHNOLOGY MOBILE/WIRELESS SOFTWARE NETWORKS INTERNET

SOURCE: Open Systems

Copyright Business Wire 2022.

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