TOWN STAFF REPORT RECCOMENDATIONS
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Consider approving expenditure of budgeted funds for the continuation of services from Arctic Wolf Managed Network Security Services for one year in the amount of $63,064.62; and take appropriate action (Jason Power, Director of Information Technology)
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STAFF: Jason Power, Information Technology Director
BACKGROUND:
Arctic Wolf Networks is a cybersecurity company that provides security monitoring to detect and respond to cyber threats. The company monitors on-premises computers, networks and cloud-based information assets from malicious activity such as cybercrime, ransomware, and malicious software attacks. Powered by threat telemetry spanning endpoint, network, and cloud sources, the Arctic Wolf Security Operations Cloud ingests and analyzes trillions of security events each week to enable critical outcomes for most security use cases.
The Town of Westlake and Westlake Academy have used Arctic Wolf Managed Network Security Services since October 2021. Staff is recommending continuation of these services in FY24 with a one-year renewal at a TIPS cooperative pricing cost of $63,064.62. TIPS (The Interlocal Purchasing Cooperative) is a national purchasing cooperative managed by ESC Region 8 in Pittsburg, Texas, and provides access to competitively procured contract pricing that is in compliance with Texas state statutes and rules for procurement.
We utilize the following services: Arctic Wolf Managed Detection and Response, Arctic Wolf Managed Risk, Arctic Wolf Incident Response, and Arctic Wolf Security Operations Warranty.
Managed Detection and Response: Monitor, Detect, and Respond to Cybersecurity Threats
The Arctic Wolf Platform delivers automated threat detection and response . Spanning thousands of installations, the Arctic Wolf Platform processes over 3 trillion security events weekly. The platform collects and enriches endpoint, network, and cloud telemetry and then analyzes it with multiple detection e...
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