High Wire Networks Appoints Edward Vasko as CEO and Mark Dallmeier as CRO of Overwatch
High Wire Networks (OTCQB: HWNI) has appointed Edward Vasko as CEO and Mark Dallmeier as CRO of its Overwatch managed cybersecurity services division. Vasko brings over 30 years of cybersecurity experience, while Dallmeier has 27 years of expertise in driving technology company growth. The company also named Michael Lieder as senior director of Overwatch Service Delivery and Products.
These appointments aim to accelerate Overwatch's growth, expand its market share, and enhance its partner community. Overwatch currently has over $10.4 million in total contract value for its services and is positioned to address the growing demand for AI-powered cybersecurity solutions. High Wire offers its Overwatch services through a global network of over 200 MSPs and MSSPs, targeting a cybersecurity market expected to reach $563 billion by 2032.
High Wire Networks (OTCQB: HWNI) ha nominato Edward Vasko come CEO e Mark Dallmeier come CRO della sua divisione di servizi di cybersecurity gestiti Overwatch. Vasko porta con sé oltre 30 anni di esperienza nel campo della cybersecurity, mentre Dallmeier vanta 27 anni di esperienza nella crescita delle aziende tecnologiche. L'azienda ha anche nominato Michael Lieder come direttore senior per la consegna dei servizi e i prodotti di Overwatch.
Queste nomine mirano ad accelerare la crescita di Overwatch, espandere la sua quota di mercato e migliorare la sua comunità di partner. Attualmente, Overwatch ha un valore totale dei contratti superiore a $10.4 milioni per i suoi servizi e si trova nella posizione giusta per affrontare la crescente domanda di soluzioni di cybersecurity alimentate dall'IA. High Wire offre i suoi servizi Overwatch attraverso una rete globale di oltre 200 MSP e MSSP, mirando a un mercato della cybersecurity che si prevede raggiunga i 563 miliardi di dollari entro il 2032.
High Wire Networks (OTCQB: HWNI) ha nombrado a Edward Vasko como CEO y a Mark Dallmeier como CRO de su división de servicios de ciberseguridad gestionados Overwatch. Vasko aporta más de 30 años de experiencia en ciberseguridad, mientras que Dallmeier cuenta con 27 años de experiencia en el crecimiento de empresas tecnológicas. La compañía también ha nombrado a Michael Lieder como director senior de entrega de servicios y productos de Overwatch.
Estos nombramientos tienen como objetivo acelerar el crecimiento de Overwatch, expandir su participación en el mercado y mejorar su comunidad de socios. Overwatch tiene actualmente más de $10.4 millones en valor total de contrato para sus servicios y está posicionada para abordar la creciente demanda de soluciones de ciberseguridad impulsadas por IA. High Wire ofrece sus servicios de Overwatch a través de una red global de más de 200 MSP y MSSP, apuntando a un mercado de ciberseguridad que se espera que alcance los $563 mil millones para 2032.
하이 와이어 네트웍스 (OTCQB: HWNI)는 Edward Vasko를 CEO로, Mark Dallmeier를 Overwatch 관리 사이버 보안 서비스 부문의 CRO로 임명했습니다. Vasko는 30년 이상의 사이버 보안 경험을 보유하고 있으며, Dallmeier는 기술 회사 성장 분야에서 27년의 전문성을 가지고 있습니다. 회사는 또한 Michael Lieder를 Overwatch 서비스 전달 및 제품의 수석 이사로 임명했습니다.
이 같은 임명은 Overwatch의 성장을 가속화하고 시장 점유율을 확대하며 파트너 커뮤니티를 강화하는 것을 목표로 하고 있습니다. 현재 Overwatch는 서비스에 대해 총 계약 가치가 1,040만 달러 이상이며, AI 기반 사이버 보안 솔루션에 대한 증가하는 수요에 대응할 수 있는 위치에 있습니다. 하이 와이어는 200개 이상의 MSP 및 MSSP의 글로벌 네트워크를 통해 Overwatch 서비스를 제공하며, 2032년까지 5,630억 달러에 이를 것으로 예상되는 사이버 보안 시장을 목표로 하고 있습니다.
High Wire Networks (OTCQB: HWNI) a nommé Edward Vasko au poste de PDG et Mark Dallmeier au poste de CRO de sa division de services de cybersécurité gérés Overwatch. Vasko apporte plus de 30 ans d'expérience en cybersécurité, tandis que Dallmeier a 27 ans d'expertise dans la croissance d'entreprises technologiques. L'entreprise a également nommé Michael Lieder en tant que directeur senior de la livraison des services et des produits Overwatch.
Ces nominations visent à accélérer la croissance d'Overwatch, à élargir sa part de marché et à renforcer sa communauté de partenaires. Actuellement, Overwatch dispose d'une valeur totale de contrat de plus de 10,4 millions de dollars pour ses services et est bien positionnée pour répondre à la demande croissante de solutions de cybersécurité alimentées par l'IA. High Wire propose ses services Overwatch par le biais d'un réseau mondial de plus de 200 MSP et MSSP, ciblant un marché de la cybersécurité qui devrait atteindre 563 milliards de dollars d'ici 2032.
High Wire Networks (OTCQB: HWNI) hat Edward Vasko zum CEO und Mark Dallmeier zum CRO seiner Abteilung für verwaltete Cybersicherheitsdienste Overwatch ernannt. Vasko bringt über 30 Jahre Erfahrung in der Cybersicherheit mit, während Dallmeier über 27 Jahre Expertise in der Förderung des Wachstums von Technologieunternehmen verfügt. Außerdem wurde Michael Lieder zum Senior Director für die Bereitstellung und Produkte von Overwatch ernannt.
Diese Ernennungen sollen das Wachstum von Overwatch beschleunigen, den Marktanteil erweitern und die Partnergemeinschaft stärken. Overwatch hat derzeit einen Gesamtwert von über 10,4 Millionen Dollar an Verträgen für seine Dienstleistungen und ist in der Lage, der wachsenden Nachfrage nach KI-gesteuerten Cybersicherheitslösungen gerecht zu werden. High Wire bietet seine Overwatch-Dienste über ein globales Netzwerk von über 200 MSPs und MSSPs an und zielt auf einen Cybersicherheitsmarkt ab, der bis 2032 voraussichtlich 563 Milliarden Dollar erreichen wird.
- Appointment of experienced executives Edward Vasko (CEO) and Mark Dallmeier (CRO) to lead Overwatch division
- Current total contract value for Overwatch managed cybersecurity services exceeds $10.4 million
- Addition of 23 new, larger channel partners in the first half of the year
- Awarded major contract to deliver Overwatch OT/IoT Security for a U.S. health system with 25+ hospitals and clinics
- Ranked as a Top 12 Managed Security Service Provider in the Americas by Frost & Sullivan
- Targeting a global cybersecurity market expected to grow at 14.3% CAGR to $563 billion by 2032
- Company anticipates operational profitability later this year, suggesting current operations may not be profitable
New Management Appointments to Accelerate Growth and Development of High Wire’s Overwatch Managed Cybersecurity Services
BATAVIA, Ill., Sept. 05, 2024 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity, has appointed Edward Vasko, CISSP, as chief executive officer and Mark Dallmeier as chief revenue officer of the company’s Overwatch managed cybersecurity services division.
Over the last few months, Vasko has been serving as a strategic advisor to Overwatch. In his new role as CEO, he brings to the position more than 30 years of experience in the cybersecurity industry, including leading business formation and development, driving rapid growth, and executing strategic M&As and exits.
As a highly respected industry thought leader, he has addressed the national cybersecurity workforce development requirements needed to protect the United States and its allies.
Prior to joining High Wire, he served as the director of Boise State University’s Institute of Pervasive Cybersecurity, a leader in cybersecurity research and host of the competency development hub known as the Cyberdome.
“Ed brings to us a wealth of knowledge and experience, having founded and led several cybersecurity organizations into becoming global industry leaders,” stated High Wire CEO, Mark Porter. “I’m confident Ed is the right leader to propel Overwatch to the next level of success, and help us capture more market share in the cybersecurity space with a focus on growing and maturing our partner community."
Vasko commented: “Over the last few months as an advisor to Overwatch, I’ve come to understand the exceptional potential of the company’s cybersecurity ecosystem. Composed of U.S.-based security analysts and practitioners, best-in-class AI technology, and customer-focused processes, it enables our partners to provide their customers the most effective solutions on the market today.”
“Building from a solid foundation of capabilities and trust, we plan to engage new markets, develop additional service offerings, and continue to enhance our customer experience,” added Vasko. “These efforts will help further expand and strengthen our channel partner network, as we deliver value and outcome-driven managed cybersecurity services to their clients.”
In the new position of chief revenue officer, Dallmeier brings to Overwatch 27 years of accomplishment in taking technology and managed services companies into ‘hypergrowth.’ As the CEO of The ROBB Group, a provider of management consulting for emerging growth companies, his strategies have helped companies to generate more than
His executive leadership has involved strategic planning, corporate and market analysis, sales and marketing strategy, and branding, and driving transformation within the technology, cybersecurity, and managed security service provider (MSSP) space.
“As a seasoned senior executive, Mark’s extensive experience and proven track record in driving corporate growth and transformation makes him a highly valuable asset to Overwatch,” noted Porter. “We anticipate his expertise in sales and marketing, combined with his ability to build strong relationships that drive revenue, will lead to significant growth and market expansion for Overwatch. We anticipate this scale-up to support operational profitability later this year.”
Dallmeier commented: “I share Ed’s assessment of the tremendous capabilities and value Overwatch brings to its channel partners and the businesses they serve. I see the recurring revenue generated from the currently more than
“Our positive outlook is supported by strong industry tailwinds, as the demand has never been stronger for AI-powered cybersecurity solutions like Overwatch,” added Dallmeier “The company is now in the right place at the right time with the right solutions for addressing today’s most challenging cyber threats.”
The company has also appointed Michael Lieder as senior director of Overwatch Service Delivery and Products.
Edward Vasko Bio
Prior to Boise State University, Vasko served as senior vice president at a top 50 national managed security and consulting provider. He was previously the co-founder and CEO of Terra Verde (now Avertium), where he helped grow the firm into one of the nation's largest providers of cybersecurity advisory and managed security services with thousands of clients around the world. He negotiated the sale of Terra Verde to Sunstone Partners, a leading growth equity firm.
Appointed by Arizona’s governor, Vasko served as a commissioner in Arizona’s Commission for Post-Secondary Education from 2015 to 2019. He was also appointed as the co-chair of Arizona’s Cyber Team (ACT) Workforce Development Committee and served as the industry co-chair for the 2019 NICE Conference.
As part of his active involvement in cybersecurity workforce development, Vasko sits on several advisory councils, working with universities to develop curriculum that enables a highly needed cybersecurity workforce that is "ready-to-work" to defend the nation’s critical data and assets.
A believer in lifelong learning, Vasko studied Applied Politics at The University of Akron and Educational Technology at Boise State University. He received an Honorary Doctorate of Science in Technology from the University of Advancing Technology in Tempe, Arizona.
He earned his Bachelor of Arts in history from Arizona State University, and has been a multi-year recipient of the university’s Sun Devil 100 business leadership award.
Mark Dallmeier Bio
Dallmeier previously served as the president and CEO of MARS Suite, a cybersecurity and risk management platform company, where he led the company’s turnaround and relaunch. He helped develop new growth, channel, and go-to-market strategies. He led the commercial launch of MARS Suite 2.0 after reducing development costs by
Prior to MARS, Dallmeier served as a fractional CRO, CSO, and CMO for various companies, including Vertek, Xceptional Networks, New Genesis Solutions, and MSS BTA. He enabled these organizations to increase revenues by over
He earlier served as chief sales and marketing officer at Terra Verde (now Avertium), helping to transform the boutique cybersecurity and risk consulting company into an award winning MSSP. He was part of the leadership team that integrated TruShield, Sword & Shield and Terra Verde after the Sun Stone Partners acquisition and investment and was responsible for establishing the Avertium brand.
He is also an accomplished author and speaker, and has published several seminal white papers and books, including "Opportunity Seized, Squandered, Lost: An AI Business Parable." He has hosted and participated in dozens of industry panels, webinars, and conferences, sharing his expertise on cybersecurity, compliance, and corporate transformation.
He holds a Bachelors of Science in business administration from University of Phoenix.
Michael B. Lieder Bio
Lieder is an accomplished cybersecurity and network security expert with more than a decade of hands-on experience, recognized for his leadership in driving complex cybersecurity strategies and delivering cutting-edge technological solutions. His robust skillset spans across multiple disciplines, including SIEM, SOAR, XDR, VMaaS, and a variety of advanced security services, making him a versatile and innovative leader in the field.
As the former director of Solutions and Product Management at MARS Suite, Lieder spearheaded the transformation of a legacy XDR and Vulnerability management tool designed for the public sector into a fully automated, scalable SaaS solution tailored to the needs of SMBs. This initiative modernized the product and expanded its market reach, as well as significantly enhance its value and operational efficiency.
Prior to MARS, Lieder played a pivotal role at Avertium (formerly Terra Verde), where he established and led numerous high-performing teams across SIEM/XDR Engineering, Cloud Infrastructure, and Site Reliability Engineering. Notably, he was the architect behind one of the industry’s first MXDR services, leveraging the power of Microsoft Sentinel and Defender to deliver top-tier security outcomes. His leadership was instrumental in positioning Avertium as a trusted partner for various product lines, while driving its growth as one of the nation’s premier MSSPs.
Earlier in his career, Lieder gained extensive experience through roles ranging from SOC Analyst to Security Engineer and Instructor, where he consistently demonstrated his technical prowess and leadership in elevating security standards and best practices across the organizations he served.
Overwatch Outlook
The new management team members join High Wire as its cybersecurity pipeline continues to strengthen, driven by the growth of the company’s global portfolio of channel partners and their clients, including 23 new partners in the first half of the year. Many of these new partners are larger than existing partners, with more clients and wider industry reach.
The company was recently awarded a major new contract to deliver High Wire’s Overwatch OT/IoT Security™ for a U.S. health system comprised of more than 25 hospitals and clinics.
Operating at the core of High Wire’s security operation center is Overwatch SOAR™, a proprietary security orchestration, automation and response (SOAR) technology. The unique AI embedded in Overwatch SOAR automatically consolidates alerts from various threat prevention and detection-and-response platforms and processes them with intelligence-based rules that provide enhanced visibility, improved correlation, and faster remediation.
High Wire’s SOAR technology serves as an exponential force multiplier for its dedicated teams of professional security experts, empowering them to deliver the most secure and cost-effective cybersecurity solutions available on the market today. High Wire offers its Overwatch managed security services exclusively through a global network of managed service providers (MSPs) and managed security service providers totaling more than 200 worldwide.
Reflecting High Wire’s preferred “go-to” status for these global channel partners, Frost & Sullivan ranks High Wire as a Top 12 Managed Security Service Provider in the Americas in the categories of growth and innovation. Overwatch addresses a global cybersecurity market that is expected to grow at a
To learn more about High Wire and its award-winning managed cybersecurity and IT enablement services, visit HighWireNetworks.com or view the company’s free video series on YouTube.
About High Wire Networks
High Wire Networks, Inc. (OTCQB: HWNI) is a fast-growing, award-winning global provider of managed cybersecurity. Through over 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.
Forward-Looking Statements
The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as "anticipate," "appear," "believe," "could," "estimate," "expect," "hope," "indicate," "intend," "likely," "may," "might," "plan," "potential," "project," "seek," "should," "will," "would," and other variations or negative expressions of these terms, including statements related to expected market trends and the Company's performance, are all "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based except as required by applicable law and regulations.
High Wire Contact
Susanna Song
Chief Marketing Officer
High Wire Networks
Tel +1 (952) 974-4000
Email contact
Investor & Media Relations:
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