Uptime Institute buys cybersecurity rating company LEET Security S.L.

Martin V. McCarthy, Chief Executive Officer at Uptime Institute

Uptime Institute, the Digital Infrastructure Authority, a Dominus Capital, L.P. portfolio company, announced that it has completed its acquisition of LEET Security S.L. LEET Security provides an independent cyber security risk evaluation methodology and rating system that has been designed to specifically identify, characterize, and rate cyber security risk within any services utilizing digital infrastructure for any aspect of service delivery.

What is the market offering of LEET Security S.L?

All firms and their ICT service partners are under increasing pressure to secure their digital infrastructure in response to the complex and ever-evolving cyber-risk threat landscape.

The LEET Cyber Security rating system directly addresses the issue by giving clients the ability to easily understand the nature and severity of these risks. The clients can then take the appropriate steps to mitigate these risks and improve their organization’s security posture on a continuous basis therefore hardening their organization against cyber threats.

This includes identifying systemic specific exposures and then building security controls across the internal and external “attack surface” that may exist in any digital services they use, whether this service is in-house or delivered via a third-party service provider.

LEET’s Cyber Security service offers a rigorous approach built on a broad framework of controls derived from widely used cyber standards and frameworks like National Institute of Standards and Technology (NIST), General Data Protection Regulation (GDPR), Payment Card Industry Data Security Standard (PCI-DSS), International Standards Organization (ISO-27001) & Esquema Nacional de Seguridad/National Security Framework (ENS) etc.

LEET’s constantly evolving rating system provides clients and internal users confidence that the LEET rated digital services that they rely upon are monitored on a continuous basis.

What does the acquisition mean for Uptime Institute?

“LEET Security has built a unique and differentiated solution that meets a critical need that all organizations have – the ability to thoroughly detect, investigate and mitigate cyber security threats,” said Martin V. McCarthy, Chief Executive Officer at Uptime Institute.

“Traditional risk management methodologies take an outside-in approach or inside-out approach, which doesn’t always account for how ‘bad actors’ might exploit potential attack surfaces. LEET Security delivers both perspectives across the entire landscape of a firm’s external and internal cyber security vulnerabilities to provide deep visibility and insight into the exposed threat surfaces and allows that firm to improve their cyber security posture.”

“The addition of LEET’s cyber ratings service offering to Uptime Institute’s portfolio will provide unparalleled value to clients by building upon the physical and operational security elements already covered by Uptime in our various assessments and certifications.”

“The LEET Security acquisition builds on Uptime’s leadership position in the worldwide digital infrastructure market. LEET enhances the core value delivered by Uptime’s existing offering’s by incorporating a differentiated cyber security service in response to customer and market demands. We are excited about the scale of opportunities ahead for both organisations,” commented Bob Haswell, Founding Partner at Dominus Capital.

What does the acquisition mean for LEET Security S.L?

Antonio Ramos, Chief Executive Officer and Founder LEET Security

“We are excited to be able to join Uptime Institute, the undisputed Global Digital Infrastructure Authority. Over the past decade, LEET Security, S.L. has developed a unique and comprehensive cyber security rating system. We will have many more opportunities for growth through geographic expansion and development of new service offerings as part of Uptime,” commented Antonio Ramos, Chief Executive Officer and Founder LEET Security.

“We look forward to this next phase of globalization of our firm. I want to thank all our clients, staff, and investors who have supported us over this journey since 2010, in our delivery of unique value and in bringing innovation to the critical area of cyber security.”

LEET Security is Uptime’s second M&A transaction this month. It follows two weeks after Uptime’s acquisition of CNet Training, LTD a 50+ person global firm, headquartered in the UK, a leader in digital infrastructure education and learning & development solutions.

Uptime identifies and assess potential add-on acquisitions to broaden its service portfolio, and to more completely execute on its mission to help all datacenter owners, operators, and tenants provide and access the resilient, available, sustainable, and secure digital infrastructure required for their mission critical business applications and services.