Cybersecurity firm Fusion Connect unveiled an upgraded solution for businesses to help them identify and secure against cyber threats while also hunting for unknown risks. It comes as cyber crimes become increasingly more common in the U.S. and across the globe. Mario Deriggi, Chief Revenue Officer, Fusion Connect joined Cheddar News to discuss how this new offering will help businesses grapple with heightened cyber risks.


Opening Bell

Fusion Connect Launches New Cybersecurity Offering for Businesses

joining me now with more is Mario Draghi. Chief revenue officer at fusion connect Mario thanks so much for coming on the show. Talk to me about what you offer and why businesses should give this a good look. Well first of all thank you for having me, Kristen Kristen and good morning. Um so first of all our new offering that we just rolled out is our latest security offering. Uh we launched it actually today and it is a new endpoint management and security service that allows businesses to not only identify and control but it also allows you to secure devices and application at a time where secure cybersecurity is like the number one priority for most organizations. What we love about this new portfolio is it allows organizations today to know everything that is happening in their environment. It allows you to discover endpoints, you may not even know they're one of the things we always tell people is you can't protect what you don't know you have once it detects, it runs vulnerability scans and helps you mitigate risks. And what this really allows our mid market and enterprise organizations to do is you know bring their I. T. Infrastructure into compliance. It allows them to improve their I. T. Efficiency allows them to go in and really make better decisions around their security and their environment on what they have and where it is in the compliance spectrum but it also allows them to streamline their I. T. Operations because we do offer it as a fully managed service and most importantly take a real time action. So talk to me about how companies do take advantage of this. Is it a subscription service, what are the costs that we're talking about here and what's the support that your company fusion connect can provide to some of these I. T. Departments looking to ramp up their own cyber protection. So it is a subscription service so it is a managed service. Uh It is a it is priced a by endpoints so basically dependent on the endpoints you have um we would you know put together a uh structure that you know encompasses all endpoints, both personal mobile you know laptops, any endpoint that would touch that I. T. Infrastructure would be brought in. Um and then as a managed service we would help that organization through the scan and identify where they are having issues in their I. T. Infrastructure as it relates to cyber threats and give them the ability to go out and update and bring in the patches they need to bring it up to compliance. What's the increase in cyber security threats and attacks Mario that you've seen over the years. It does feel as if these past several years especially with the rising popularity of Cryptocurrency that we've seen more and more cyber threats out there and in some cases outright shutdowns of certain systems it is moving so fast and rapid um you know as fast as you can move for? Um bringing in protection to your I. T. Environment for cybersecurity There are others out there looking at ways to attack their network. So if you look at a I believe it was yesterday a white house task force on cyber security came out and said that there is a negative 700,000 personnel gap in what is needed to bring our current US environment up to compliance with uh cybersecurity threats. So you know the more that organizations today could go out and bring in organizations like fusion connect which are managed security service providers to go out there and help them bring their environment up to compliance. It'll just get there faster as you know more and more people are coming into the cybersecurity field to go out and bring them in house. What's the average budget that you think companies should be setting aside to protect themselves from potential cyber attacks. Let's start with large cap companies for instance ones that might be listed here on the floor of the new york stock exchange. What kind of commitment do they need to make Mario So in organizations were talking to I would say that the single number one priority everybody has in their budgeting is. How do you bring your I. T. Infrastructure to compliance uh to really negate any issues around cybersecurity. Uh I would say that everyone we have speaking to in the mid market enterprise space has been allocated a very very large portion of their budget. Uh You know some people 2030 we've seen certain organizations saying 50% of their I. T. Infrastructure budget is going into uh mitigation of cyber security threats. All right, Mario Draghi, chief revenue officer at Fusion, connect a cybersecurity protection firm. Mario thanks so much for coming on the show.