AT&T Spins-Out Cybersecurity Business, LevelBlue

AT&T has recently announced the spin-out of its cybersecurity business into a new independent company, LevelBlue. The move marks a significant step forward in the telecommunications giant’s efforts to expand its presence in the rapidly growing cybersecurity market.

LevelBlue will offer a wide range of managed cybersecurity services, including threat detection and response, security consulting, and cloud security solutions. The company’s focus will be on providing comprehensive and customizable security solutions to businesses of all sizes, with a particular emphasis on meeting the unique needs of large enterprises.

According to an AT&T spokesperson, “The launch of LevelBlue reflects our commitment to helping businesses stay protected in today’s rapidly evolving cyber threat landscape. By spinning out our cybersecurity business into a separate company, we can focus on delivering the highest level of security services to our customers, while also continuing to innovate and invest in new technologies.”

LevelBlue will be led by a team of experienced cybersecurity professionals, including CEO, David Foster, who previously served as the Vice President of AT&T’s Cybersecurity Solutions division. The company’s leadership team also includes several other former AT&T executives with extensive backgrounds in cybersecurity and technology.

The new company will operate independently of AT&T, but will continue to leverage the telecommunications giant’s robust network and infrastructure to deliver its services. LevelBlue will also maintain close ties with AT&T, with plans to collaborate on future security solutions and innovations.

The launch of LevelBlue comes at a time when cybersecurity threats are becoming increasingly sophisticated and frequent. According to a recent report by Cybersecurity Ventures, the global cybersecurity market is projected to grow to over $300 billion by 2024, with managed security services expected to be a significant driver of this growth.

LevelBlue’s comprehensive suite of services will include threat detection and response, security consulting, cloud security solutions, and security analytics. The company’s offerings are designed to help businesses protect themselves against complex cyber threats, including malware, phishing attacks, and data breaches.

In addition to its managed security services, LevelBlue will also provide a range of professional services, such as security assessments, penetration testing, and incident response. The company’s experts will work closely with customers to identify and address vulnerabilities, develop customized security solutions, and ensure ongoing protection against emerging threats.

The launch of LevelBlue marks a significant milestone in AT&T’s strategic expansion into the cybersecurity market. The telecommunications giant has been steadily building its cybersecurity capabilities through a series of acquisitions and partnerships over the past several years. In 2019, AT&T acquired AlienVault, a leading provider of cloud-based security solutions, and in 2020, the company partnered with Cyberason, a prominent cybersecurity startup.

The spin-out of LevelBlue represents the next step in AT&T’s ongoing efforts to strengthen its position in the cybersecurity market. By separating its cybersecurity business into an independent company, AT&T can focus on delivering cutting-edge security solutions while also expanding its offerings and expertise through future acquisitions and partnerships.

In conclusion, the launch of LevelBlue marks a significant moment in the evolution of AT&T’s cybersecurity business. The new company is well-positioned to provide comprehensive and customizable security solutions to businesses of all sizes, with a particular emphasis on meeting the unique needs of large enterprises. With its experienced leadership team, robust network infrastructure, and commitment to innovation, LevelBlue is poised for success in the rapidly growing cybersecurity market.