Startup firm BlueteamGlobal targets small businesses for cybersecurity upgrades

cybersecurity, 2017, Accenture Security
The New York City-based startup will offer cybersecurity services to large firms and SMBs worldwide. (Sensors Magazine)

On Aug. 3, New York City-based BlueteamGlobal—a cybersecurity services firm that intends to target both larger enterprises and SMBs—began operations, following an acquisition and merger with three companies with complementary skills, BitVoyant, K2G, and K2 Cyber Defense. The company also just obtained new financing for growth of more than $125 million from institutional and individual investors.

Co-founded by two industry heavyweights–CEO Jim Rosenthal, former COO at Morgan Stanley, and Executive Chairman Tom Glocer, former CEO at Thomson Reuters—BlueteamGlobal will not only provide Advanced Cyber Threat Intelligence for large companies; but also managed cybersecurity services for smaller businesses. To do so, the team said, they have assembled a deep roster of senior leaders from both the private sector and national security agencies:

"In my role at Morgan Stanley, I spent considerable time focused on cybersecurity issues, working with Tom—as the security lead on Morgan Stanley's board—to build out an elite team to protect the firm against advanced attack techniques in the same way that the national security agencies take on that role for the U.S. government," Rosenthal said. "BlueteamGlobal will provide the same kind of expertise and intelligence to companies around the world."

Glocer added that the corporate need for sophisticated cyber intelligence is high and increasing. "Over the course of my career in IT, cyber threats have evolved from [those posed by] technology-adept amateurs to sophisticated nation states and criminals," he said. "BlueteamGlobal will deliver threat intelligence and defense capabilities to address the current generation of advanced persistent threats."

To provide the highest level of cyber defense, BlueteamGlobal plans to form an advisory board, to be chaired by Admiral Mike Mullen, former Chairman of the Joint Chiefs of Staff.

The company will have a strategic business alliance with K2 Intelligence, a global investigative, compliance and cybersecurity defense services firm, and a Blueteam founding shareholder. Blueteam has also formed a strategic business alliance with Team8, a cybersecurity think tank and company creation platform with offices in New York and Tel Aviv.

"At K2 Intelligence, we recognize our clients' need for a full range of cybersecurity, investigative and compliance solutions," said K2 Intelligence's Jules Kroll, also a member of the company’s new board. "We are delighted to now scale these capabilities by teaming our cyber operations with BlueteamGlobal."

In addition to its home office in New York, the company already has offices in the Washington, D.C., area, London, Madrid and Tel Aviv.