CyberMaxx Announces Acquisition of CipherTechs to Provide Advanced Cybersecurity Solutions and Brings on Experienced Security Veteran, Brian Ahern, as CEOFebruary 28, 2023
Chicago, IL — February 28, 2023. Periscope Equity announced today that its portfolio company, CyberMaxx, has acquired CipherTechs. CyberMaxx and CipherTechs have joined forces to deliver a full range of cyber security solutions including offensive, defensive, digital forensics/incident response, and governance, risk & compliance security services. Additionally, CyberMaxx announced the appointment of Brian Ahern to CEO.
Organizations today face a complex cybersecurity landscape, including increased sophistication and frequency of cyber attacks, a fierce war for talent, and ongoing macroeconomic headwinds. CyberMaxx solves these challenges through an extensive portfolio of offerings curated based on vast industry experience and combines proprietary technology, third-party product sourcing, and cybersecurity talent. CyberMaxx provides a range of flexible deployment models and advanced cybersecurity solutions to ensure cybersecurity protection for its customers.
Ahern takes the helm to expand growth opportunities
CyberMaxx’s new CEO, Brian Ahern, is a three-time CEO with over two decades of cybersecurity experience. He has a proven track record of leading and growing disruptive technology companies including Threat Stack, Inc. (acquired by F5), Industrial Defender, Inc. (acquired by Lockheed Martin), and Simulation Sciences, Inc.
“CyberMaxx and CipherTechs have been around for more than two decades and have each built an incredible team and industry-leading offerings,” said Brian Ahern, CEO of CyberMaxx. “Many companies today offer offensive or defensive solutions, but few have the full breadth we’ve brought together under a single umbrella. Bringing CipherTechs into the CyberMaxx family was a natural fit and strengthens our ability to proactively find vulnerabilities to create a strong defense for our customers. Taking a ‘hacker mindset’ provides great protection for our customers and shapes our full spectrum of offerings.”
Expanded capabilities help companies stay ahead of modern threats
The newly expanded CyberMaxx offers a comprehensive range of cybersecurity services, including offensive security services (red team, penetration testing), defensive security services (blue team, XDR/MDR), digital forensics/incident response (DFIR), and governance, risk & compliance (GRC) services. CyberMaxx supports cybersecurity and IT teams to identify and manage risk, provide breach remediation, and support both industry compliance and board governance programs.
“The shifting business mindset of cybersecurity as a cost center to a mission-critical business enablement program forces global companies to rethink their cybersecurity programs,” continued Ahern. “Our clients trust us to keep their organization secure and compliant so they can focus on what they do best – building their business.”
The company now has more than 400 customers in the healthcare, financial services, education, energy, hospitality, communications, and manufacturing industries. Customers include Hackensack Meridian Health, Barnes & Noble Education, and Omnicom Group.
Founded in 2002, CyberMaxx is a cybersecurity provider headquartered in Nashville, TN, delivering full-service cybersecurity protection to highly regulated industries. With a track record of high-customer satisfaction, CyberMaxx provides 24/7/365 protection to its clients across a full suite of services, including Defensive Security Services (XDR/MDR/EDR Managed Security, Blue Team, Security Controls Management), Offensive Security Services (Red Team, Penetration Testing, Web Application Testing, Ransomware Readiness Assessments), Digital Forensics and Incident Response (DFIR), and Governance, Risk & Compliance (GRC) Services, enabled through proprietary security technology and complemented by leading third-party cyber products. CyberMaxx’s solutions are designed to be scalable for clients of all sizes, providing protection and improving an organization’s security posture, ultimately giving customers peace of mind that their systems and data are secure.