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Tego Cyber Inc. Increases Annual Recurring Revenue Through Expanded Partnership With Brier & Thorn

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Tego Cyber Inc. (OTCQB:TGCB) has expanded its partnership with Brier & Thorn, a global Managed Security Service Provider (MSSP). This expansion includes integrating Tego Threat Intelligence into Brier & Thorn's Managed Detection and Response (MDR) services, aiming to enhance detection capabilities and improve Mean Time to Detect (MTTD) for clients.

The strengthened partnership is expected to increase annual recurring revenue for Tego Cyber by adding new end users of their solutions. Bobby Mikkelsen, CEO and CFO of Tego Cyber, emphasized the company's focus on strengthening partner relationships. Carolina Ruiz Gonzalez, CEO of Brier & Thorn, highlighted that the integration of Tego's actionable threat intelligence will help reduce false positives from EDR, XDR, and SIEMs, allowing their team to focus on addressing genuine threats.

Tego Cyber Inc. (OTCQB:TGCB) ha espanso la sua partnership con Brier & Thorn, un fornitore globale di servizi di sicurezza gestiti (MSSP). Questa espansione include l'integrazione della Tego Threat Intelligence nei servizi di Managed Detection and Response (MDR) di Brier & Thorn, con l'obiettivo di migliorare le capacità di rilevamento e ridurre il Tempo Medio per Rilevare (MTTD) per i clienti.

È previsto che la partnership rafforzata aumenti il fatturato ricorrente annuo per Tego Cyber, aggiungendo nuovi utenti finali alle loro soluzioni. Bobby Mikkelsen, CEO e CFO di Tego Cyber, ha sottolineato l'importanza per l'azienda di rafforzare le relazioni con i partner. Carolina Ruiz Gonzalez, CEO di Brier & Thorn, ha evidenziato che l'integrazione dell'intelligence sulle minacce di Tego aiuterà a ridurre i falsi positivi da EDR, XDR e SIEM, consentendo al loro team di concentrarsi sulla gestione delle minacce reali.

Tego Cyber Inc. (OTCQB:TGCB) ha expandido su asociación con Brier & Thorn, un proveedor global de Servicios de Seguridad Gestionados (MSSP). Esta expansión incluye la integración de Tego Threat Intelligence en los servicios de Detección y Respuesta Gestionada (MDR) de Brier & Thorn, con el objetivo de mejorar las capacidades de detección y reducir el Tiempo Medio de Detección (MTTD) para los clientes.

Se espera que la asociación fortalecida aumente los ingresos recurrentes anuales para Tego Cyber al agregar nuevos usuarios finales a sus soluciones. Bobby Mikkelsen, CEO y CFO de Tego Cyber, enfatizó el enfoque de la empresa en fortalecer las relaciones con los socios. Carolina Ruiz Gonzalez, CEO de Brier & Thorn, destacó que la integración de la inteligencia de amenazas de Tego ayudará a reducir los falsos positivos provenientes de EDR, XDR y SIEM, permitiendo a su equipo concentrarse en abordar amenazas genuinas.

Tego Cyber Inc. (OTCQB:TGCB)는 Brier & Thorn과의 파트너십을 확장했습니다, 세계적인 관리 보안 서비스 제공업체(MSSP)입니다. 이 확장은 Brier & Thorn의 관리 탐지 및 대응(MDR) 서비스에 Tego Threat Intelligence를 통합하여 탐지 능력을 향상시키고 고객의 평균 탐지 시간(MTTD)을 개선하는 것을 목표로 하고 있습니다.

강화된 파트너십은 Tego Cyber의 연간 반복 수익을 증가시킬 것으로 기대됩니다, 그들의 솔루션에 새로운 최종 사용자를 추가함으로써. Tego Cyber의 CEO이자 CFO인 Bobby Mikkelsen은 파트너 관계 강화를 위한 회사의 초점을 강조했습니다. Brier & Thorn의 CEO인 Carolina Ruiz Gonzalez는 Tego의 실행 가능한 위협 정보의 통합이 EDR, XDR, SIEM의 잘못된 긍정 경고를 줄이는 데 도움이 될 것이라고 강조하며, 이를 통해 팀이 실제 위협을 해결하는 데 집중할 수 있게 된다고 말했습니다.

Tego Cyber Inc. (OTCQB:TGCB) a étendu son partenariat avec Brier & Thorn, un fournisseur mondial de services de sécurité gérés (MSSP). Cette expansion comprend l'intégration de Tego Threat Intelligence dans les services de Détection et Réponse Gérés (MDR) de Brier & Thorn, visant à améliorer les capacités de détection et à réduire le Temps Moyen de Détection (MTTD) pour les clients.

Le partenariat renforcé devrait augmenter les revenus récurrents annuels pour Tego Cyber en ajoutant de nouveaux utilisateurs finaux à leurs solutions. Bobby Mikkelsen, PDG et CFO de Tego Cyber, a souligné l'importance pour l'entreprise de renforcer les relations avec ses partenaires. Carolina Ruiz Gonzalez, PDG de Brier & Thorn, a souligné que l'intégration de l'intelligence sur les menaces de Tego aidera à réduire les faux positifs provenant des EDR, XDR et SIEM, permettant à leur équipe de se concentrer sur la gestion des menaces réelles.

Tego Cyber Inc. (OTCQB:TGCB) hat ihre Partnerschaft erweitert mit Brier & Thorn, einem globalen Anbieter von Managed Security Services (MSSP). Diese Erweiterung umfasst die Integration von Tego Threat Intelligence in die Managed Detection and Response (MDR)-Dienste von Brier & Thorn, mit dem Ziel, die Erkennungsfähigkeiten zu verbessern und die mittlere Erkennungszeit (MTTD) für die Kunden zu verkürzen.

Die verstärkte Partnerschaft wird voraussichtlich den jährlichen wiederkehrenden Umsatz für Tego Cyber erhöhen, indem neue Endbenutzer ihrer Lösungen hinzugefügt werden. Bobby Mikkelsen, CEO und CFO von Tego Cyber, betonte den Fokus des Unternehmens auf die Stärkung von Partnerbeziehungen. Carolina Ruiz Gonzalez, CEO von Brier & Thorn, hob hervor, dass die Integration von Tegos umsetzbarer Bedrohungsintelligenz dazu beitragen wird, Fehlalarme aus EDR, XDR und SIEMs zu reduzieren, sodass ihr Team sich auf die Bewältigung echter Bedrohungen konzentrieren kann.

Positive
  • Expanded partnership with Brier & Thorn, a global MSSP
  • Integration of Tego Threat Intelligence into Brier & Thorn's MDR services
  • Expected increase in annual recurring revenue through new end users
  • Improved detection capabilities and Mean Time to Detect for clients
Negative
  • None.

LAS VEGAS, NV / ACCESSWIRE / August 6, 2024 / Tego Cyber Inc. (OTCQB:TGCB), a cybersecurity company focused on threat intelligence, detection and correlation tools, today announced it has expanded its partnership with Brier & Thorn, a global Managed Security Service Provider (MSSP) with deep roots in Latin America. As part of the strengthened relationship, Tego Threat Intelligence will now be included as part of Brier and Thorn's Managed Detection and Response ("MDR") services, providing added value to its client base and strengthening their detection capabilities and improving their Mean Time to Detect (MTTD).

"We have dedicated substantial energy and resources to strengthen our partner relationships this year," stated Bobby Mikkelsen, CEO and CFO of Tego Cyber. "Brier and Thorn have been a great partner, and we are pleased to expand our relationship to capture new business opportunities. The contextual and actionable Threat Intelligence that we provide adds value to Brier and Thorn's offering to its clients while providing greater recurring revenue opportunities for us by adding new end users of Tego solutions."

"We are thrilled to announce the expansion of our partnership with Tego Cyber," expressed Carolina Ruiz Gonzalez, CEO of Brier & Thorn. "This enhancement allows us to integrate actionable threat intelligence into our services, significantly reducing false positives from EDR, XDR, and SIEMs. This means our team can now focus on what truly matters-addressing genuine threats and strengthening our clients' security posture."

About Brier & Thorn Inc.
Brier & Thorn is a leading multinational Managed Security Service Provider (MSSP) with over a decade of experience in delivering comprehensive security operations. Our product-agnostic Security Operations Center (SOC) is designed to provide full-circle protection, ensuring that organizations of all sizes receive the highest level of security expertise.

Our vision is to democratize Managed Detection and Response (MDR), making sophisticated security capabilities accessible not just to the largest corporations but to businesses across the spectrum, from Main Street to Wall Street. At Brier & Thorn, we are dedicated to leveling the playing field in cybersecurity, ensuring that every organization, regardless of its size, benefits from top-tier security operations and expertise.

Contact:

Brier & Thorn Inc
1855 1st Avenue
San Diego, CA. 92101
USA
Brier & Thorn Mexico
Rampa Aeropuerto 16000
Col. La Pechuga
Tijuana, Baja California 22425
Mexico
Tel: 855-939-0100 (North America)
Tel: +1 725-726-7840 (International)
Email: info@brierandthorn.com.mx
Web: www.brierandthorn.com
Facebook: facebook.com/brierandthorn
LinkedIn: linkedin.com/company/brier-&-thorn
X/Twitter: twitter.com/brierandthorn

About Tego
Tego Cyber Inc. was founded to mitigate and develop solutions for the disparity in the rapidly evolving cyber threat hunting, correlation, and threat intelligence market. Tego's curated threat intelligence feed not only contains a comprehensive list of indicators of compromise, but also provides additional context including specific details needed to counteract threats so that security teams can spend less time searching for disjointed indicators of compromise. Tego's threat detection and correlation engine integrates with top security and data lake platforms to proactively identify threats. The Tego threat correlation engine allows security teams to find threats faster using curated data feeds, powerful and low latency searches across large disparate data sets, and user-friendly visualizations that help reduce the time to detection, response and remediation. For more information, please visit www.tegocyber.com.

Forward-Looking Statements
The statements contained in this press release, those which are not purely historical or which depend upon future events, may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements regarding the Company's expectations, hopes, beliefs, intentions or strategies regarding the future constitute forward-looking statements. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements because of various factors. All forward-looking statements included in this press release are based on information available to the Company on the date hereof and the Company assumes no obligation to update any such forward-looking statement. Prospective investors should also consult the risks factors described from time to time in the Company's Reports on Forms 10-K, 10-Q and 8-K and Annual Reports to Shareholders.

Contact:

Corporate
Tego Cyber Inc.
8565 S Eastern Avenue, Suite 150
Las Vegas, Nevada 89123
USA
Tel: 855-939-0100 (North America)
Tel: +1 725-726-7840 (International)
Email: info@tegocyber.com
Web: tegocyber.com
Facebook: facebook.com/tegocyber
LinkedIn: linkedin.com/company/tegocyber
X/Twitter: twitter.com/tegocyber

Investor Relations
Brett Maas
Managing Partner
Hayden IR
Tel: 480-861-2425
Email: brett@haydenir.com

SOURCE: Tego Cyber Inc.



View the original press release on accesswire.com

FAQ

What is the impact of Tego Cyber's expanded partnership with Brier & Thorn on TGCB's revenue?

The expanded partnership is expected to increase Tego Cyber's (TGCB) annual recurring revenue by adding new end users of Tego solutions through Brier & Thorn's Managed Detection and Response services.

How will Tego Cyber's Threat Intelligence benefit Brier & Thorn's clients?

Tego's Threat Intelligence will enhance Brier & Thorn's detection capabilities, improve Mean Time to Detect (MTTD), and reduce false positives from EDR, XDR, and SIEMs, allowing the team to focus on addressing genuine threats.

What services will include Tego Cyber's Threat Intelligence as part of the expanded partnership?

Tego Cyber's Threat Intelligence will be included as part of Brier & Thorn's Managed Detection and Response (MDR) services.

When did Tego Cyber (TGCB) announce the expansion of its partnership with Brier & Thorn?

Tego Cyber (TGCB) announced the expansion of its partnership with Brier & Thorn on August 6, 2024.

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