SALINA — SRC Cyber, LLC and TERACAI have formed a “strategic partnership” to provide cybersecurity services. The firms will work together to provide cybersecurity services for organizations to help reduce risk in their information-technology (IT) environments, they said in a news release. The companies were set to make the announcement June 19 at the annual […]
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SALINA — SRC Cyber, LLC and TERACAI have formed a “strategic partnership” to provide cybersecurity services.
The firms will work together to provide cybersecurity services for organizations to help reduce risk in their information-technology (IT) environments, they said in a news release.
The companies were set to make the announcement June 19 at the annual New York Tech Summit at the Turning Stone Resort & Casino in Verona.
The Tech Summit is described as “the Northeast’s premier educational and knowledge sharing event focused on business-driven technologies,” according to its website.
TERACAI, which spun off from CXtec in 2009, says it provides businesses with core-networking infrastructures, which enable virtualization, unified communications, and cloud applications.
It operates at Lawrence Road East in the town of Salina.
SRC Cyber, LLC, which launched last October, is a separate, for-profit entity that SRC, Inc., the former Syracuse Research Corp., owns, says Joe Lauko, managing director for SRC Cyber.
SRC Cyber works to “defend networks on a daily basis and has extensive experience dealing with both criminal and nation-state cyber threats,” according to its website.
SRC is a nonprofit research and development corporation that primarily focuses on customers in the government sector, including the U.S. Department of Defense, the U.S. Department of Homeland Security, and different intelligence organizations, Lauko says.
SRC and SRC Cyber operate at 7502 Round Pond Road in Cicero.
The principals of both firms spoke with the Business Journal News Network on June 16.
Both firms have been in discussions about a partnership since the beginning of 2014, says Peter Belyea, president of TERACAI.
“We just saw some great synergies in our relationships from that perspective,” Belyea says.
The two sides have signed a partnership agreement, but Belyea declined to discuss the terms of their pact.
“I think our focus is really on serving the customer needs and the financial and partnership details are really between the two privately held organizations,” he adds.
The partnership
SRC has a “long history” of defending networks and handling security assessments, says Lauko.
“We’ve been doing cyber before it was cool,” says Lauko with a smile.
Even though SRC has focused on the government sector, Lauko says the organization realizes cybersecurity is also an issue in the commercial sector.
SRC took note when reports surfaced about the credit and debit-card breaches at retailer Target Corp. (NYSE: TGT) this past holiday season; a more recent episode at P.F. Chang’s China Bistro on June 10; and when Chinese hackers breached the computer network of The New York Times in early 2013.
Lauko contends SRC has the “tools” in the services it provides to perhaps make a difference beyond the government sector.
“Could we leverage those into the commercial space and really help the commercial space with the same protections that we hold for the government now,” says Lauko.
TERACAI is known locally for its work with infrastructure, computers, and storage practices in its service to the health care and finance sectors, says Belyea.
“This is really an offering that crosses boundaries. Everybody needs to be worried about the security of their network and their infrastructure,” says Belyea.
The company has made a “conscience effort” in the last 18 months to grow its security practice.
When it started discussions with SRC Cyber, TERACAI saw a way to possibly generate that growth, Belyea says.
“…both on the front end and post implementation as a way to have a really full, end-to-end security and cyberprotection practice,” he added.
When a new customer indicates interest in the service, TERACAI will have SRC Cyber conduct an assessment of the organization’s cybersecurity needs, says Belyea. They would then develop an implementation process to remediate any “potential gaps.”
Lauko compares it to a car inspection.
“You’re really inspecting a network, or how that network or enterprise would work,” he says.
The customer’s relationship with TERACAI and SRC Cyber would be “an on-going process,” says Timothy Duffy, vice president of professional services at TERACAI.
“It doesn’t mean that the bad guys are stopping trying to figure out a way to get in once you’ve done that,” says Duffy.
Their cybersecurity service involves “continuous” monitoring platforms between the two organizations, he adds.
Both firms are headquartered with local operations in Syracuse’s northern suburbs.
TERACAI currently employs 45 people, including two employees who are based in Buffalo, servicing the Western New York region.
SRC, its for-profit manufacturing subsidiary, SRCTec, and SRC Cyber together employ nearly 1,000 people at 15 locations across the U.S., according to the SRC website.
The firm employs 670 in Central New York, including 12 who support SRC Cyber, the company said.
Contact Reinhardt at ereinhardt@cnybj.com