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VTech Solution Taps Intrusion To Boost Cybersecurity

Benzinga Real-time News ·  Oct 24, 2022 21:14
  • Cyber-attack solutions provider Intrusion Inc (NASDAQ:INTZ) collaborated with vTech Solution, a Washington D.C.-based managed IT services firm, to boost its current cybersecurity offering.
  • vTech Solution offered monitoring, pre-sale, post-sale, installation, complimentary services, and product discovery for its valued clients.
  • Also Read: Microsoft Security Head Zeroes On AI For Cybersecurity At Q&A Session; Pitches For Multi-Cloud
  • Emile Trombetti, Chief Growth Officer at vTech Solution, said, "We see a large opportunity to work together with Intrusion on state and local government enterprises to enhance their level of cybersecurity."
  • Tony Scott, CEO of Intrusion. "This partnership expands our reach as vTech operates in four countries and 40 U.S. states and will provide synergies with the launch of our new cloud and endpoint solutions. With vTech Solution's deep industry experience and broad customer base, we are able to provide our critical Intrusion Shield products to more organizations that will benefit from our advanced threat intelligence dataset."
  • Leading cybersecurity company WISeKey International Holding AG (NASDAQ: WKEY) expects the total group revenue to exceed $24.5 million, up 10%, year-on-year despite the divestiture of its AI segment.
  • Also, WISeKey expects its revenue to continue growing in 2023, driven by a projected sales growth for the IoT segment of at least 35%.
  • Price Action: INTZ shares closed higher by 3.4% at $5.17 on Friday.
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