2 Cyberspace Security Monitoring Business Success Stories [2024]

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Updated: November 1st, 2023

Start A Cyberspace Security Monitoring Business

Cyberspace security monitoring business provides 24/7 services focusing on threat detection, incident response, and cybersecurity analysis.

The security monitoring business serves as a critical enterprise service that allows organizations to manage digital risks proactively and effectively.

The center’s specialized team of professionals keeps a watchful eye on the organization’s network, identifying and responding to potential security incidents and analyzing data to help improve the organization’s overall security posture.

Use AI technologies such as user behavior analytics, deception tools, and security information event management software to continuously monitor network traffic and other threat feeds to identify vulnerabilities and attacks for your cyberspace security monitoring business.

Emergency incident response services on monthly retainer contracts to technology, healthcare, financial, retail, and utility companies struggling with limited security staff and increasing breaches.

Also, expand offerings to include advisor services helping clients interpret security insights, improve defenses, meet compliance standards, determine insurance needs, and provide expertise around emerging cyber risks as part of the retainer.

Here are some real life success stories of starting a cyberspace security monitoring business:

1. Coro ($24M/year)

How much they make: $24M/year
Current team size: 258

Perfect timing Security SaaS Hits $12m Revenue, Closes $80m on $500m Valuation last week

Cyber security SaaS platform Coro offers cloud security services to mid-market enterprises, securing a total of $81.5 million in funding and a $500 million valuation, with 4,500 clients on the platform and reaching a $1 million run rate in 2019.

About

Dror started Coro over 10 years ago

Revenue

Dror grew the business to $2M/month

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2. Coro

Coro is an AI based cyber security software solution for businesses. Coro provides endpoint protection, and security cloud services.

How much they make:
Where they're located: New York, New York, USA
Current team size: 258