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Advisory Board supports the company’s ambitious growth trajectory following strong financial performance in 2023
Denver, March 26, 2024–(BUSINESS WIRE)–Direct Defense, a leading information security services company, today announced the establishment of an advisory board. The advisory board will consist of industry experts with a proven track record in scaling cybersecurity businesses to support the company’s growth trajectory. Patti Wright, a cybersecurity expert and serial entrepreneur, will serve as the board’s first strategic advisor and will focus on strengthening Direct Defense’s service delivery, operational efficiency, and scalability. Mr. Wright will also play an active role in interviewing and expanding the advisory board, which is comprised of industry talent and executives.
Beau Shahriary, Chief Operating Officer of Direct Defense, said: “Patti brings significant experience building and leading high-performing security teams for both industry giants and emerging companies.” “Patty brings expertise in cybersecurity and professional services. Beyond, Patti has a deep understanding of how people work. She provides a comprehensive perspective, from back-end operations to hiring practices to how we deliver our services. Her insights help us build on our ambitions. This will help us pursue our growth trajectory.”
Widely recognized as a leader and innovator in cybersecurity and information technology, Ms. Wright continues to inspire and pave the way for other women entering the security industry and aspiring to take on leadership roles in information technology. I did. She is a serial entrepreneur and so far she has been involved in 6 technology startups, 2 of which were acquired by major technology companies and 1 of which led to an initial public offering. .
Most recently, Wright served as Vice President of CX Product Management, Security, and Collaboration at Cisco, where he was responsible for developing cutting-edge security services. Previously, he held senior management positions at some of the world’s most well-known tech and cybersecurity companies, including Symantec, Rapid7, @stake, Bishop Fox, and Neohapsis.
A proven product and services leader, Wright has the ability to grow early-stage professional services organizations into thriving, high-value, profitable businesses that achieve the highest customer satisfaction ratings and high year-over-year growth. It is known for. She has a proven track record of understanding clients’ business challenges and evolving requirements. Her unique strength is her ability to define transformation strategies to achieve growth and scale, as well as rapid and effective execution plans to achieve it.
As Direct Defense expands, its advisory board provides an outside perspective on the evolution of services and offerings within the cybersecurity industry. The move demonstrates the company’s commitment to excellence and continuous improvement and comes on the heels of strong financial results.
In 2023, Direct Defense recorded an impressive 37% year-over-year revenue increase, 55% revenue growth for existing customers, and an overall revenue increase of 78% since 2021. This significant growth reflects the company’s investment in the market and marketplace. The company’s managed security services saw demand for its services grow 56% in revenue in 2023, 95% retention of existing customers, and 120% growth. Direct Defense also achieved record sales with a 20% increase in partner sales through the channel and a 50% partner deal win rate. Contracts with channel and alliance partners accounted for 35% of the company’s revenue in 2023.
Last year, Direct Defense received more industry awards and honors than any company in history, including CRN IoT Innovators, CRN MSP 500/Managed Security 100, CRN Solution Provider 500/Fast Growth 150, CRN Channel Leaders, and CRN Women of the Channel, Inc. was awarded. Location and Fortress Cybersecurity Award. In the first quarter of 2024, the company was again named to his CRN MSP 500/Managed Security 100 list and his CRN Channel Chiefs list.
Follow Direct Defense
LinkedIn: https://www.linkedin.com/company/directdefense/
twitter: https://twitter.com/Direct_Defence
Blog: https://www.directdefense.com/resources/blog/
About DirectDefense
Direct Defense provides enterprise risk assessments, penetration testing, ICS/SCADA security services, and 24/7 managed security services to businesses of all sizes. The company focuses on building security resiliency and provides comprehensive security testing services specializing in application security, vulnerability assessment, penetration testing, and compliance assurance testing. Our team of highly talented consultants has worked with most Fortune 100 companies in industries such as power, utilities, gaming, retail, finance, media, travel, aerospace, healthcare, and technology. For more information, please visit www.directdefense.com.
View source version on businesswire.com. https://www.businesswire.com/news/home/20240326338998/en/
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