Quorum Cyber Sets Sights on North America

  • Apr 25, 2023

Quorum Cyber Sets Sights on North America
UK-based cybersecurity firm Quorum Cyber has announced its intention to focus on the North American market after achieving impressive year-over-year growth. The company was founded in 2016 and has grown organically to approximately 200 employees, serving over 150 customers across four continents. Quorum Cyber will debut into the U.S. market, showing its solutions at the RSA Conference April 26, in San Francisco.

Quorum Cyber aims to take organizations on a cybersecurity risk reduction journey to consistently reduce attack surfaces while proving a return on their investment. The company’s security solutions have proven tangible benefits, including a 75 percent decrease in total alerts, an under 2-minute response time for Priority 1 alerts, and a 94 percent reduction in the burden on cybersecurity teams to research and process hundreds of alerts per day.

“We are thrilled to expand our focus to the North American market after experiencing significant growth in other countries,” said Federico Charosky, founder and CEO of Quorum Cyber. “Leveraging our U.S.-based team, I am confident Quorum Cyber will deliver notable value to our North American prospects in the same manner we secure our existing customers in Europe, Australia, South Korea, the Middle East, and beyond.”

Impressive Year-Over-Year Growth
Quorum Cyber achieved year-over-year revenue growth of 95 percent from FY21 to FY22. The company’s notable revenue increase is partly attributed to its new or enhanced cyber security offerings, such as Managed Extended Detection & Response (XDR), Microsoft Sentinel Managed Detection & Response (MDR) service, recognition as a Microsoft-verified MXDR solution provider, and professional services offerings.

From December 2021 to December 2022, the company increased its customer base by approximately 70 percent to over 150, with a diversified base of public, private, and non-profit organizations throughout local and regional government, higher education, housing, legal, oil & gas, energy, construction, engineering and retail segments.

Featured

  • Gaining a Competitive Edge

    Ask most companies about their future technology plans and the answers will most likely include AI. Then ask how they plan to deploy it, and that is where the responses may start to vary. Every company has unique surveillance requirements that are based on market focus, scale, scope, risk tolerance, geographic area and, of course, budget. Those factors all play a role in deciding how to configure a surveillance system, and how to effectively implement technologies like AI. Read Now

  • 6 Ways Security Awareness Training Empowers Human Risk Management

    Organizations are realizing that their greatest vulnerability often comes from within – their own people. Human error remains a significant factor in cybersecurity breaches, making it imperative for organizations to address human risk effectively. As a result, security awareness training (SAT) has emerged as a cornerstone in this endeavor because it offers a multifaceted approach to managing human risk. Read Now

  • The Stage is Set

    The security industry spans the entire globe, with manufacturers, developers and suppliers on every continent (well, almost—sorry, Antarctica). That means when regulations pop up in one area, they often have a ripple effect that impacts the entire supply chain. Recent data privacy regulations like GDPR in Europe and CPRA in California made waves when they first went into effect, forcing businesses to change the way they approach data collection and storage to continue operating in those markets. Even highly specific regulations like the U.S.’s National Defense Authorization Act (NDAA) can have international reverberations – and this growing volume of legislation has continued to affect global supply chains in a variety of different ways. Read Now

  • Access Control Technology

    As we move swiftly toward the end of 2024, the security industry is looking at the trends in play, what might be on the horizon, and how they will impact business opportunities and projections. Read Now

Most   Popular

Featured Cybersecurity

Webinars

New Products

  • QCS7230 System-on-Chip (SoC)

    QCS7230 System-on-Chip (SoC)

    The latest Qualcomm® Vision Intelligence Platform offers next-generation smart camera IoT solutions to improve safety and security across enterprises, cities and spaces. The Vision Intelligence Platform was expanded in March 2022 with the introduction of the QCS7230 System-on-Chip (SoC), which delivers superior artificial intelligence (AI) inferencing at the edge. 3

  • Compact IP Video Intercom

    Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis. 3

  • A8V MIND

    A8V MIND

    Hexagon’s Geosystems presents a portable version of its Accur8vision detection system. A rugged all-in-one solution, the A8V MIND (Mobile Intrusion Detection) is designed to provide flexible protection of critical outdoor infrastructure and objects. Hexagon’s Accur8vision is a volumetric detection system that employs LiDAR technology to safeguard entire areas. Whenever it detects movement in a specified zone, it automatically differentiates a threat from a nonthreat, and immediately notifies security staff if necessary. Person detection is carried out within a radius of 80 meters from this device. Connected remotely via a portable computer device, it enables remote surveillance and does not depend on security staff patrolling the area. 3