High Wire Awarded Expanded Contract Renewal with National Luxury Automotive Group for Overwatch Managed Cybersecurity, Increasing Contract Value 5x
High Wire Networks (OTCQB: HWNI) has secured an expanded annual contract renewal for its Overwatch Managed Extended Detection and Response (MXDR) services. The contract, awarded through a premier MSP partner, covers more than a dozen luxury car dealerships across the West Coast and Midwest U.S. This renewal is expected to increase annual revenue fivefold compared to the previous year, with additional devices added to the service scope.
Overwatch MXDR provides 24/7 monitoring and threat detection, leveraging U.S.-based security analysts and an AI-powered playbook for swift threat response. The expanded contract highlights the trust High Wire has built with its MSP partners and their high-value customers in delivering top-tier cybersecurity services.
High Wire Networks (OTCQB: HWNI) ha ottenuto un grande rinnovo annuale del contratto per i suoi servizi di Extended Detection and Response (MXDR) gestiti da Overwatch. Il contratto, assegnato tramite un partner MSP di primo piano, copre più di una dozzina di concessionarie di auto di lusso sulla costa occidentale e nel Midwest degli Stati Uniti. Questo rinnovo si prevede porterà a un aumento quinquennale delle entrate annuali rispetto all'anno precedente, con dispositivi aggiuntivi inclusi nell'ambito del servizio.
Overwatch MXDR offre monitoraggio e rilevamento delle minacce 24 ore su 24, 7 giorni su 7, avvalendosi di analisti di sicurezza statunitensi e di un playbook alimentato dall'IA per una rapida risposta alle minacce. Il contratto ampliato evidenzia la fiducia che High Wire ha costruito con i suoi partner MSP e i loro clienti di alto valore nella fornitura di servizi di cybersecurity di prima classe.
High Wire Networks (OTCQB: HWNI) ha obtenido una renovación de contrato anual ampliada para sus servicios de Detección y Respuesta Extendida Administrada (MXDR) Overwatch. El contrato, otorgado a través de un socio MSP de primer nivel, cubre más de una docena de concesionarios de automóviles de lujo en la costa oeste y el medio oeste de EE. UU. Se espera que esta renovación aumente los ingresos anuales cinco veces en comparación con el año anterior, con dispositivos adicionales incluidos en el alcance del servicio.
Overwatch MXDR proporciona monitoreo y detección de amenazas 24/7, aprovechando analistas de seguridad con base en EE. UU. y un manual impulsado por IA para una rápida respuesta a las amenazas. El contrato ampliado destaca la confianza que High Wire ha construido con sus socios MSP y sus valiosos clientes en la entrega de servicios de ciberseguridad de primer nivel.
High Wire Networks (OTCQB: HWNI)는 Overwatch 관리형 확장 탐지 및 대응(MXDR) 서비스에 대한 연간 계약 갱신을 확대해 확보했습니다. 이 계약은 주요 MSP 파트너를 통해 체결되었으며, 서부 해안과 중서부 미국 전역에 걸쳐 10개 이상의 럭셔리 자동차 대리점을 포함합니다. 이번 갱신으로 연간 수익이 5배 증가할 것으로 예상되며, 서비스 범위에 추가 장치가 포함됩니다.
Overwatch MXDR은 24시간 7일 모니터링 및 위협 탐지를 제공하며, 미국에 본사를 둔 보안 분석가와 빠른 위협 대응을 위한 AI 기반 플레이북을 활용합니다. 확대된 계약은 High Wire가 MSP 파트너와 고부가가치 고객과의 신뢰를 쌓아온 것을 강조하며, 최고 수준의 사이버 보안 서비스를 제공하고 있습니다.
High Wire Networks (OTCQB: HWNI) a sécurisé un renouvellement de contrat annuel élargi pour ses services de Détection et Réponse Élargie Gérée (MXDR) Overwatch. Le contrat, attribué par le biais d'un partenaire MSP de premier plan, couvre plus d'une douzaine de concessionnaires de voitures de luxe sur la côte ouest et dans le Midwest des États-Unis. Ce renouvellement devrait augmenter les revenus annuels par cinq par rapport à l'année précédente, avec des appareils supplémentaires ajoutés à la portée du service.
Overwatch MXDR fournit une surveillance et une détection des menaces 24/7, tirant parti d'analystes de sécurité basés aux États-Unis et d'un manuel alimenté par l'IA pour une réponse rapide aux menaces. Le contrat élargi met en évidence la confiance qu'a construite High Wire avec ses partenaires MSP et leurs clients de grande valeur dans la fourniture de services de cybersécurité de premier ordre.
High Wire Networks (OTCQB: HWNI) hat einen erweiterten jährlichen Vertragsverlängerung für seine verwalteten erweiterten Erkennungs- und Reaktionsdienste (MXDR) von Overwatch gesichert. Der Vertrag, der über einen erstklassigen MSP-Partner vergeben wurde, umfasst mehr als ein Dutzend Luxusautohändler an der Westküste und im Mittleren Westen der USA. Diese Verlängerung wird voraussichtlich zu einem fünffachen Anstieg des jährlichen Umsatzes im Vergleich zum Vorjahr führen, mit zusätzlichen Geräten im Dienstleistungsumfang.
Overwatch MXDR bietet 24/7-Überwachung und Bedrohungserkennung, wobei auf in den USA ansässige Sicherheitsanalysten und ein KI-gestütztes Handbuch für schnelle Bedrohungsreaktion zurückgegriffen wird. Der erweiterte Vertrag unterstreicht das Vertrauen, das High Wire mit seinen MSP-Partnern und deren hochkarätigen Kunden in die Bereitstellung erstklassiger Cybersicherheitsdienste aufgebaut hat.
- Secured expanded annual contract renewal for Overwatch MXDR services
- Expected annual revenue increase of 5x over previous year
- Contract covers more than a dozen luxury car dealerships
- Demonstrates growing trust and partnership with MSP partners
- None.
Annual Contract Renewal Provides 24/7 Managed XDR Services Across Multiple Upscale Dealerships
BATAVIA, Ill., Sept. 12, 2024 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity, has been awarded an expanded annual contract renewal to deliver enhanced managed cybersecurity at more than a dozen luxury car dealerships across the West Coast and Midwest U.S.
The renewal for the company’s Overwatch Managed Extended Detection and Response (MXDR) services was secured through one of High Wire’s premier managed service provider (MSP) partners.
The renewal increases the anticipated annual revenue by fivefold over the previous year, with additional devices added to the scope of the managed detection and response services.
“This expanded renewal contract demonstrates how our MSP partners look to Overwatch as a trusted, U.S. based security partner, and particularly for their high-value customers,” stated Overwatch division CEO, Ed Vasko. “We earn this trust by working hand-in-hand to deliver best-in-class security services that are aligned with our MSP partner’s business strategy and enables them to significantly grow their business.”
Overwatch MXDR provides an immediate alert advantage to uncover threats quickly. The service is layered with the expertise of U.S.-based Overwatch security analysts who manage the tools and monitor the customer’s environment 24/7. High Wire’s proprietary Overwatch AI-powered playbook manages responses to threats swiftly and effectively with intelligent, lightning-fast automation.
“When it comes to cybersecurity, speed matters,” added Vasko. “Our sophisticated methods of real-time data processing and analysis, coupled with our high-touch service-delivery process, enables Overwatch MXDR to identify and remediate problems as they arise, eliminating or minimizing their impact.”
To learn more about High Wire and its award-winning managed cybersecurity services, visit HighWireNetworks.com or view its educational video series on its YouTube channel.
About High Wire Networks
High Wire Networks, Inc. (OTCQB: HWNI) is a fast-growing, award-winning global provider of managed cybersecurity. Through 200 channel partners, it delivers trusted managed services for more than 1,100 managed security customers worldwide. End-customers include Fortune 500 companies and many of the nation’s largest government agencies. Its U.S. based 24/7 Network Operations Center and Security Operations Center is located in Chicago.
High Wire was ranked by Frost & Sullivan as a Top 12 Managed Security Service Provider in the Americas for 2023. It was also named to CRN’s MSP 500 and Elite 150 lists of the nation’s top IT managed service providers for 2023 and 2024.
Learn more at HighWireNetworks.com. Follow the company on X, view its extensive video series on YouTube or connect on LinkedIn.
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Company Contact:
Susanna Song
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High Wire Networks
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Email contact
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FAQ
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