Tech Business: Minnesota's NetSPI continues to grow.

The use of IT solutions in business is becoming a no brainer. Almost every company must have up-to-date IT solutions integration in order to be successful in its business. With IT solutions there is also IT security risks when associated to business information. This is where NetSPI steps in.

 

 

Minnesota based NetSPI was founded in 2001 with IT security solutions in mind. Various markets need different security solutions, often times internal IT teams cannot control security themselves. Keeping up with IT security solutions is a growing business due to the many laws and restrictions on business data protection as well as the ever changing threats in security. Businesses like NetSPI concentrate on expertise in IT security allowing them to keep pace with the changes in regulation and security threats.

 

NetSPI concentrates on financial, healthcare, education, and retail industries. NetSPI’s concentration on these markets has helped create a profitable company.  NetSPI has seen profit since its founding and in 2008 NetSPI saw revenues around $5 million. NetSPI’s major accounts are Carlson Companies, Thrivent Financial, HealthEast, Xcel Energy, as well as a list of banks and retailers. The market continues to grow for IT security as more and more threats and data breaches continue to surface.

 

 

The recent realization of network security continues to play in the minds of companies where vast amounts of volatile data is stored and processed in their systems. With laptops containing volatile and proprietary information continuing to be lost, as well as network breaches through social engineering, hacking, and other means, we will see a growing need for business data security innovation.