Verizon Business partners with Monumental Sports & Entertainment to maintain its best-in-class, tech-forward leadership at Capital One Arena
Verizon Business (NYSE: VZ) has expanded its partnership with Monumental Sports & Entertainment (MSE) to enhance cyber resiliency and security optimization across MSE's sports and entertainment enterprise. The collaboration extends to MSE's properties, including the Washington Capitals, Washington Wizards, Washington Mystics, and Capital City Go-Go.
Verizon will provide Rapid Response Retainer (RRR) services, Managed Security Information and Event Management (MSIEM), and Cyber Security Incident Response Team services. These solutions aim to improve threat intelligence, strategic planning, and emergency response capabilities for MSE.
The partnership highlights Verizon's commitment to helping enterprise customers address cybersecurity challenges in the sports and entertainment industry, where organizations are increasingly becoming targets for cyber threats.
Verizon Business (NYSE: VZ) ha ampliato la sua partnership con Monumental Sports & Entertainment (MSE) per migliorare la resilienza informatica e l'ottimizzazione della sicurezza nell'intero settore dello sport e dell'intrattenimento di MSE. La collaborazione si estende alle proprietà di MSE, tra cui i Washington Capitals, i Washington Wizards, le Washington Mystics e i Capital City Go-Go.
Verizon fornirà servizi di Rapid Response Retainer (RRR), Managed Security Information and Event Management (MSIEM) e Cyber Security Incident Response Team. Queste soluzioni mirano a migliorare l'intelligence sulle minacce, la pianificazione strategica e le capacità di risposta alle emergenze per MSE.
La partnership evidenzia l'impegno di Verizon nell'aiutare i propri clienti aziendali ad affrontare le sfide della cybersicurezza nell'industria dello sport e dell'intrattenimento, dove le organizzazioni stanno diventando sempre più obiettivi per le minacce informatiche.
Verizon Business (NYSE: VZ) ha ampliado su asociación con Monumental Sports & Entertainment (MSE) para mejorar la resiliencia cibernética y la optimización de la seguridad en toda la empresa de deportes y entretenimiento de MSE. La colaboración se extiende a las propiedades de MSE, incluidos los Washington Capitals, los Washington Wizards, las Washington Mystics y los Capital City Go-Go.
Verizon ofrecerá servicios de Rapid Response Retainer (RRR), Managed Security Information and Event Management (MSIEM) y Cyber Security Incident Response Team. Estas soluciones tienen como objetivo mejorar la inteligencia sobre amenazas, la planificación estratégica y las capacidades de respuesta a emergencias para MSE.
La asociación destaca el compromiso de Verizon de ayudar a los clientes empresariales a abordar los desafíos de ciberseguridad en la industria del deporte y el entretenimiento, donde las organizaciones están convirtiéndose cada vez más en blanco de amenazas cibernéticas.
Verizon Business (NYSE: VZ)는 Monumental Sports & Entertainment (MSE)와의 파트너십을 확대하여 MSE의 스포츠 및 엔터테인먼트 기업 전반에 걸쳐 사이버 복원력 및 보안 최적화를 강화하고 있습니다. 이번 협력은 워싱턴 캐피탈스, 워싱턴 위저드, 워싱턴 미스틱스, 캐피탈 시티 고고와 같은 MSE의 자산으로 확장됩니다.
Verizon은 신속 대응 유지 보수(RRR) 서비스, 관리형 보안 정보 및 사건 관리(MSIEM), 사이버 보안 사건 대응 팀 서비스를 제공합니다. 이러한 솔루션은 MSE의 위협 정보, 전략적 계획 및 비상 대응 능력을 개선하는 것을 목표로 합니다.
이번 파트너십은 Verizon이 스포츠 및 엔터테인먼트 산업에서 기업 고객들이 사이버 보안 문제를 해결하도록 돕겠다는 의지를 강조합니다. 이 분야에서는 조직들이 점점 더 사이버 위협의 목표가 되고 있습니다.
Verizon Business (NYSE: VZ) a élargi son partenariat avec Monumental Sports & Entertainment (MSE) pour améliorer la résilience cybernétique et l'optimisation de la sécurité dans l'ensemble de l'entreprise de sport et de divertissement de MSE. La collaboration s'étend aux propriétés de MSE, notamment les Washington Capitals, les Washington Wizards, les Washington Mystics et les Capital City Go-Go.
Verizon fournira des services de Rapid Response Retainer (RRR), de Managed Security Information and Event Management (MSIEM) et de Cyber Security Incident Response Team. Ces solutions visent à améliorer l'intelligence sur les menaces, la planification stratégique et les capacités de réponse aux urgences pour MSE.
Ce partenariat met en avant l'engagement de Verizon à aider les clients d'entreprise à relever les défis de la cybersécurité dans l'industrie du sport et du divertissement, où les organisations deviennent de plus en plus des cibles pour les menaces cybernétiques.
Verizon Business (NYSE: VZ) hat seine Partnerschaft mit Monumental Sports & Entertainment (MSE) ausgeweitet, um die Cybersicherheit und -resilienz im gesamten Sport- und Unterhaltungsbereich von MSE zu verbessern. Die Zusammenarbeit erstreckt sich auf die Angebote von MSE, einschließlich der Washington Capitals, Washington Wizards, Washington Mystics und Capital City Go-Go.
Verizon wird Rapid Response Retainer (RRR)-Dienste, Managed Security Information and Event Management (MSIEM) und Cyber Security Incident Response Team-Dienste bereitstellen. Diese Lösungen zielen darauf ab, die Bedrohungsintelligenz, strategische Planung und Notfallreaktionsfähigkeiten für MSE zu verbessern.
Die Partnerschaft unterstreicht das Engagement von Verizon, Unternehmenskunden dabei zu helfen, die Herausforderungen der Cybersecurity in der Sport- und Unterhaltungsindustrie zu bewältigen, wo Organisationen zunehmend Ziel von Cyberbedrohungen werden.
- Expanded partnership with Monumental Sports & Entertainment, potentially increasing Verizon's revenue in the cybersecurity sector
- Demonstrates Verizon's expertise in providing advanced cybersecurity solutions to high-profile clients
- Enhances Verizon's position in the sports and entertainment industry cybersecurity market
- None.
Insights
This partnership marks a significant step in bolstering cybersecurity for sports and entertainment venues. By implementing Rapid Response Retainer (RRR) services and Managed Security Information and Event Management (MSIEM), Monumental Sports & Entertainment (MSE) is taking a proactive approach to threat detection and incident response. The focus on Zero Trust principles is particularly noteworthy, as it's important in today's complex digital landscape. However, the real challenge lies in seamlessly integrating these security measures without disrupting the fan experience. While this move strengthens MSE's cyber resilience, it's important to note that the effectiveness of these implementations will only be truly tested when faced with real-world cyber threats.
MSE's partnership with Verizon Business reflects the growing intersection of sports, technology and cybersecurity. This collaboration could potentially enhance the fan experience through improved digital services and data protection. However, the true impact on fan engagement and revenue generation remains to be seen. The emphasis on digital innovation and transformative experiences suggests potential for new tech-driven offerings, but concrete details are lacking. While this move positions MSE as a tech-forward leader in the sports industry, it's important to monitor how these cybersecurity enhancements translate into tangible benefits for fans and the organization's bottom line.
From a financial perspective, this partnership represents a significant investment in cybersecurity infrastructure for MSE. While the exact financial terms aren't disclosed, such comprehensive security solutions typically involve substantial costs. However, considering the potential financial risks associated with cyber attacks - including data breaches, operational disruptions and reputational damage - this proactive investment could yield long-term cost savings and risk mitigation. For Verizon Business, this high-profile partnership in the sports and entertainment sector could open doors to similar lucrative contracts. Investors should monitor the impact on both companies' financials, particularly any improvements in MSE's risk profile or Verizon's enterprise segment growth.
Capital One Arena partners with Verizon Business to add to current service and provide:
- Rapid Response Retainer (RRR) services
- Managed Security Information and Event Management (MSIEM)
- Cyber Security Incident Response Team services
NEW YORK, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Today, Verizon Business announced an expanded, integrated partnership with Monumental Sports & Entertainment (MSE), through Verizon Security Consulting, to maintain MSE’s leadership on cyber resiliency and security optimization across its sports and entertainment enterprise. Verizon Business’ work with MSE extends to the properties it owns and operates, specifically the NHL’s Washington Capitals, the NBA’s Washington Wizards, the WNBA’s Washington Mystics, and the NBA G League’s Capital City Go-Go.
“As an industry leader in integrating pioneering technologies for sports and entertainment, Monumental Sports recognizes the need to proactively invest in cyber resiliency,” said Charlie Myers, CTO, Monumental Sports & Entertainment. “My office works collaboratively across all MSE departments with the collective goal to enhance the fan experience, drive new business opportunities, and optimize technology workflows. This partnership with Verizon Business will allow us to continue our focus on driving digital innovation that brings transformative experiences to the D.C. area.”
Verizon’s Cyber Security Solutions and Professional Services team provides customized risk assessments, breach simulations and compliance reviews to help organizations create a defense that is both cost and threat-effective. Working closely with MSE’s CTO office, Verizon’s Consulting Services team will deliver cyber risk management to help MSE create a more secure IT environment guided by the principles of Zero Trust.
Verizon Business will deliver a variety of solutions and services to MSE to better align the organization with evolving best practices and digital advancement, including Rapid Response Retainer (RRR) services for incident response, Managed Security Information and Event Management (MSIEM) and Cyber Security Incident Response services to improve threat intelligence telemetry, plan more strategically and develop deeper, more timely responses during emergencies.
“Sports powerhouses are increasingly becoming prime targets for cyber threats, making it crucial for them to be proactive with addressing potential network security gaps to mitigate risk,” said Jonathan Nikols, SVP, Global Enterprise Americas, Verizon Business. “From safeguarding sensitive fan data to protecting critical operational systems, building a robust defense is no longer optional—it’s essential to maintaining trust, ensuring continuity, and preserving the integrity of the game. We’re committed to partnering with Monumental Sports every step of the way as they prioritize this strategic initiative.”
The partnership with Monumental Sports & Entertainment demonstrates Verizon Business' focus on cybersecurity solutions and customer collaboration spanning across the globe. Learn more about how Verizon Business is committed to helping enterprise customers close cybersecurity gaps.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of
About Monumental Sports & Entertainment
Monumental Sports & Entertainment is America’s leading sports and entertainment family. Our people, players, teams and events bring excitement and joy to millions. We invest and innovate to consistently raise the game so we can deliver extraordinary experiences that will inspire and unite our community, our fans and our people. To learn more, please visit monumentalsports.com.
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Media contact:
Erin Cheever
Erin.Dowling@verizon.com
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