Palm Desert, CA and Scottsdale, AZ — May 3, 2022 — Lumifi Cyber, Inc., a next-generation managed detection and response (MDR) cybersecurity software provider, today announced its acquisition of Datashield, Inc., an end-to-end cybersecurity resilience services provider, to deliver Fortune 500-grade security to companies of all sizes for an affordable monthly price.
Although terms of the deal were not disclosed, Lumifi’s joint offering will integrate their cutting- edge attack simulation, automated endpoint remediation and continuous threat monitoring software with Datashield’s industry-recognized MDR services, state-of-the-art security operations center and team of ex-military and former DoD cybersecurity professionals.
“Too many companies lack the security staff, tools and expertise to defend against the rise of ransomware attacks,” said Michael Malone, CEO of Lumifi. “Datashield is the perfect acquisition partner for us to deploy our recent growth capital to execute on our vision of combining always- on attack simulation with automated remediation to alleviate the cybersecurity skills gap.”
Together, Lumifi’s advanced MDR platform leverages AI, machine learning and automation to proactively identify security gaps before cybercriminals can exploit them, automatically remediate endpoint vulnerabilities to reduce the available attack surface and continuously monitor network and endpoint environments 24/7/365 to detect, contain and remediate threats.
“The threat landscape is constantly evolving, which requires continuous investments in people, process and technology to stay one step ahead of attackers,” said Jimmy Treuting, former President and General Manager of Datashield and incoming COO of Lumifi. “Our customers will only benefit from our new company’s shared culture of innovation, speed and agility.”
In order to provide peace of mind against the latest cyber threats, Lumifi will provide a turn-key cybersecurity monitoring and management solution for an affordable monthly price that delivers advanced levels of security to businesses of all sizes across regulated industries, such as energy, manufacturing, healthcare, finance and more.
Lumifi is the only next-generation managed detection and response (MDR) services provider that provides Fortune 500-grade security for companies of all sizes at an affordable monthly price. Our cutting-edge platform combines attack simulation, automated remediation and continuous threat monitoring software with a proactive managed cybersecurity service that delivers continuous end-to-end protection for businesses nationwide against ransomware and the latest security threats. Our state-of-the-art Security Operations Center is staffed by our team of US-based analysts, ex-military and former DoD security experts with dozens of security certifications to continuously monitor and manage customer environments. For more information, please visit www.lumificyber.com.
Datashield provides end-to-end cyber security resilience solutions with a specialty in managed detection and response (MDR) services. Founded in 2009, Datashield is one of the few companies in our space that can provide true MDR to the mid-market and small-to-medium enterprises. We leverage our proprietary security automation, orchestration and response software, SHIELDVision, along with threat intelligence and core processes to generate actionable insight into advanced security threats for analysis and response. Known for our tool-agnostic, truly consultative approach, Datashield services clients across all industries, including healthcare, financial services, manufacturing, energy, government and more.