Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


04:15 AM
Connect Directly

SecureWorks & Lurhq Make It Official

SecureWorks and Lurhq confirmed merger rumors today, announcing a marriage that combines external IPS with internal log monitoring

SecureWorks and Lurhq announced a merger today, confirming rumors heard earlier in the week. (See SecureWorks-Lurhq to Merge?) The companies will play in the fast growing market for managed security services, but officials say the merger isn't a response to IBM's recent buyout of ISS. (See IBM Merger Gets Mixed Responses and IBM Up-Ends Security Services Market.)

"In no way does it have anything to do with IBM-ISS," says Tony Prince, founder and CEO of Lurhq and now executive vice president of the new SecureWorks, a $35 million managed security services provider with 1,500 clients and managing 5,000 security devices worldwide. "In our opinion, this is bigger and better. We are focused on being a leader in the managed services market."

Mike Cote, president and CEO of SecureWorks, who will serve in the same capacity at the combined company, concurred. Cote says most of the 25 SecureWorks customers he contacted yesterday about the merger wanted more information on the new services the merged company will provide. "We were looking for an expansion of this service, which is one of the reasons I gave Tony a call." The two companies had been crossing paths for nearly three years and were already well-acquainted, he says.

Bill Sutphin, assistant vice president and network security officer for Home Federal Bank of Tennessee, which uses services from both vendors, had suggested that the two companies team up in some way, Cote says. "He's been pushing us to do this for the past year or so."

Sutphin says the merger means the bank will no longer have to act as an integrator between the two services, and he likes the idea of dealing with one management team. "This combined entity will move that organization to the short list of anyone interested in managed security services."

But all of this doesn't mean IBM-ISS isn't on SecureWorks' radar: Prince says SecureWorks' main competitors on the enterprise side are Symantec, VeriSign, and "now IBM." On the commercial side, it will be local telcos and other service providers, he says.

The merger pairs SecureWorks' network intrusion prevention for the outside of the network and Lurhq's internal network monitoring for protecting against the internal threat. This year, the two sets of tools and portals will share and correlate data, Prince says. "We're going to focus on quality and delivery of good service and integrating the solutions together."

And later next year, the company will look at the possibility of more acquisitions, international expansion, and more product lines, Cote says.

— Kelly Jackson Higgins, Senior Editor, Dark Reading

  • SecureWorks Inc.
  • Lurhq Kelly Jackson Higgins is the Executive Editor of Dark Reading. She is an award-winning veteran technology and business journalist with more than two decades of experience in reporting and editing for various publications, including Network Computing, Secure Enterprise ... View Full Bio

    Recommended Reading:

    Comment  | 
    Print  | 
    More Insights
  • Comments
    Newest First  |  Oldest First  |  Threaded View
    COVID-19: Latest Security News & Commentary
    Dark Reading Staff 8/10/2020
    Researcher Finds New Office Macro Attacks for MacOS
    Curtis Franklin Jr., Senior Editor at Dark Reading,  8/7/2020
    Hacking It as a CISO: Advice for Security Leadership
    Kelly Sheridan, Staff Editor, Dark Reading,  8/10/2020
    Register for Dark Reading Newsletters
    White Papers
    Cartoon Contest
    Current Issue
    Special Report: Computing's New Normal, a Dark Reading Perspective
    This special report examines how IT security organizations have adapted to the "new normal" of computing and what the long-term effects will be. Read it and get a unique set of perspectives on issues ranging from new threats & vulnerabilities as a result of remote working to how enterprise security strategy will be affected long term.
    Flash Poll
    The Changing Face of Threat Intelligence
    The Changing Face of Threat Intelligence
    This special report takes a look at how enterprises are using threat intelligence, as well as emerging best practices for integrating threat intel into security operations and incident response. Download it today!
    Twitter Feed
    Dark Reading - Bug Report
    Bug Report
    Enterprise Vulnerabilities
    From DHS/US-CERT's National Vulnerability Database
    PUBLISHED: 2020-08-12
    The ALPS ALPINE touchpad driver before 8.2206.1717.634, as used on various Dell, HP, and Lenovo laptops, allows attackers to conduct Path Disclosure attacks via a "fake" DLL file.
    PUBLISHED: 2020-08-12
    Sonatype Nexus Repository Manager OSS/Pro before 3.26.0 has Incorrect Access Control.
    PUBLISHED: 2020-08-12
    search.php in the Nova Lite theme before 1.3.9 for WordPress allows Reflected XSS.
    PUBLISHED: 2020-08-12
    PHP-Fusion 9.03 allows XSS via the error_log file.
    PUBLISHED: 2020-08-12
    PHP-Fusion 9.03 allows XSS on the preview page.