Webfargo Data Security Smashes Previous Records

IT security firm’s revenue rises on growth of managed services

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Webfargo Data Security, Inc., the Triangle's only locally owned provider specializing in proactive IT security services, announced today that 2012 was the best year in the company’s history. This growth comes on top of that experienced during the previous year, which also set records.

“Our clients responded to our new Managed Services offerings”

For over a decade, Webfargo has provided North Carolina’s leading companies with proactive security services, working behind the scenes to help secure networks while maintaining usability. Since its inception in 2001, Webfargo has seen steady growth across the board, with 2012 beating all previous years.

Webfargo’s biggest gains came in its Managed Services division. This was largely due to two factors: 1) continued momentum in the managed Cisco space, which became a focus in 2011; and 2) its innovative, new Managed Support Service. These gains resulted in a 35% increase in managed revenue. Webfargo’s suite of managed services and solid customer base positions the company well for 2013.

“Our clients responded to our new Managed Services offerings,” said Tyler Salisbury, Director of Sales. “They are happy to rid themselves of the headaches that come with day-to-day security management and put their security in the hands of experts.”

Another area of significant growth was Vulnerability Assessment Services, which increased more than fivefold over the previous year.

Webfargo’s success is due largely to organic growth. “We owe a lot to our clients, and the power of word of mouth,” said Tyler Salisbury. “We’ve provided high-end security services for over a decade, and we are proud to have built a reputation for top-tier expertise. Referrals from our clients are the biggest compliments we can receive.”

Webfargo expects the growth to continue in 2013, thanks in part to its managed security contracts and its long-term, stable client base. For more information about Webfargo, please visit www.webfargo.com.

About Webfargo Data Security, Inc.:

Webfargo Data Security is a leading provider of managed network security solutions to mid-size to large companies in North Carolina. Founded in 2001 by veterans of the Research Triangle technology industry, Webfargo Data Security provides tactical security services and information protection solutions that empower companies to develop and enforce security policies, set and attain security objectives, monitor and respond to network events, and protect intellectual property and critical data in the enterprise and e-business.