Company Analysis Report: Optiv Security Inc.

Company Overview

• Name: Optiv Security Inc.

• Mission: "At Optiv, we manage cyber risk so you can secure your full potential."

• Founded: 2015

• Founders: No specific founders mentioned in the provided data.

• Key People:

• Kevin Lynch, Chief Executive Officer

• Marc Cabi, Chief Financial Officer

• William Croutch, Executive Vice President and General Counsel

• John Hurley, Chief Revenue Officer

• Jason Lewkowicz, Executive Vice President, Chief Services Officer

• Heather Rim, Chief Marketing Officer

• Heather Allen Strbiak, Chief Human Resources Officer

• Cheryl VanVoorhees, Executive Advisor, Strategy and Operations

• Daniel Wilbricht, Executive Vice President, Optiv + ClearShark President

• Headquarters: Denver, Colorado

• Primary Location: 1144 15th Street, Suite 2900, Denver, Colorado 80202, US

• Number of Employees: Approximately 1,001-5,000

• Revenue: No specific revenue information is available.

• Known For: Optiv is recognized as a leading cyber advisory and solutions provider, specializing in services such as security program strategy, enterprise risk and compliance, managed security services, cloud security, and zero trust, among others. The company serves nearly 6,000 clients, including 75% of Fortune 500 companies.

Products and Services

• Primary Offerings:

• Security Program Strategy: Tailored solutions to plan and implement security initiatives.

• Enterprise Risk and Compliance: Comprehensive services to mitigate risks and ensure compliance with evolving regulations.

• Threat and Vulnerability Management: Proactive identification and management of security threats and vulnerabilities.

• Managed Security Services (MSS): Outsourced security services for continuous monitoring and protection.

• Identity and Access Management: Solutions for secure access and identity management.

• Cloud Security: Securing applications, data, and workloads in the cloud.

• Zero Trust Architecture: Implementing a zero trust model to enhance security across networks.

• Key Features:

• Advanced Threat services

• Security Intelligence and Education

• Managed XDR and MXDR (Extended Detection and Response)

• Next-Generation Security Operations

Recent Developments

• New Products and Features:

• Optiv AI Security Services: Launched to help organizations leverage AI securely and improve business outcomes.

• Optiv Market System: Introduced as a single reference architecture for cybersecurity.

• Partnerships:

• Optiv + ClearShark Partnership: Collaboration focusing on zero trust compliance and expanding cyber security solutions.

• Key Reports and Recognition:

• Optiv's report indicates nearly 60% of respondents surveyed have increased their security budgets.

• Community Engagement:

• Awarding of a $10,000 scholarship to a Texas high school graduate, Nigel Tatem.

• Optiv’s Annual ESG Report showcases efforts in sustainability, security, and community outreach.

Strategic Positioning

• Optiv is positioned as a cybersecurity leader, embracing a "category of one" status by providing comprehensive end-to-end security solutions globally.

• The company focuses on fostering innovation within AI, supporting regulations adherence, and reducing security complexities for clients.

Conclusion

Optiv Security Inc. leverages its expertise and partnerships to deliver innovative cybersecurity solutions to a diverse client base. Through strategic developments like AI-focused services and zero trust architectures, Optiv continues to maintain its leadership position in the cybersecurity industry. The company emphasizes employee diversity and community engagement as integral elements of its corporate ethos.