High Wire Networks Welcomes Edward Vasko as New COO
High Wire Networks Welcomes Edward Vasko as COO
High Wire Networks, Inc. (OTCQB: HWNI) has made a significant leadership appointment by naming Edward Vasko as the new Chief Operations Officer. Taking over from Stephen LaMarche, who remains on the board of directors, Vasko will also continue to lead Overwatch, the company's division dedicated to managed cybersecurity services.
Vasko's Experience and Leadership
With over 33 years of experience in the cybersecurity sector, Edward Vasko brings a wealth of knowledge to High Wire. His extensive background includes business development, driving rapid growth, and leading several strategic mergers and acquisitions. Vasko is also recognized as an industry thought leader, having addressed critical issues surrounding cybersecurity workforce development for both the U.S. and its allied nations.
Vision for Growth at High Wire
Mark Porter, CEO of High Wire Networks, expressed optimism about Vasko's appointment: "Given Ed’s strong background and record of achievement, we expect his appointment as COO to accelerate our overall growth and development. Thanks to the strong foundation Stephen has laid, he inherits a profitable Secure Voice business, with Overwatch on track for profitability before the end of the year based on its growing recurring revenue streams." This statement underscores Vasko's role in focusing on the growth and profitability of the Overwatch division.
Prior Roles and Contributions
Before joining High Wire, Vasko was the director at Boise State University’s Institute of Pervasive Cybersecurity. There, he fostered a leadership role in cybersecurity research and established the Cyberdome competency development hub. In addition to his role at Boise State, he has held senior positions at national managed security firms, contributing to the growth and success of those organizations.
A Focus on Cybersecurity Excellence
In his new capacity as COO, Vasko's vision includes leveraging the unique strengths of Overwatch, which is characterized by its U.S.-based security analysts and innovative, AI-powered security solutions. Vasko stated, "Over the last several months as CEO of Overwatch, I’ve recognized the exceptional potential of the company’s cybersecurity ecosystem. The combination of skilled analysts and advanced technology allows us to provide the most effective cyber solutions on the market today."
Appreciation for Stephen LaMarche
Porter acknowledged the significant contributions made by LaMarche during his time as COO, stating, "We want to extend our deep appreciation to Stephen for his strong contributions. His leadership was vital during a challenging period for the company. Stephen has played an instrumental role in improving our financial health and implementing crucial technology to enhance our scalability."
Edward Vasko's Background and Recognitions
Vasko's experience also includes serving as senior vice president at a well-regarded managed security and consulting firm, and he is notably the co-founder of Terra Verde, which evolved into one of the largest providers of cybersecurity advisory and managed services globally. He has also been actively involved in workforce development initiatives, collaborating with universities to ensure the readiness of cybersecurity professionals.
A strong advocate for lifelong learning, Vasko has pursued studies in Applied Politics and Educational Technology and was honored with an Honorary Doctorate of Science in Technology. His leadership qualities and expert knowledge have earned him several accolades, including the prestigious Sun Devil 100 award for business leadership.
High Wire's Commitment to Cybersecurity
High Wire Networks has positioned itself as a prominent player in the managed cybersecurity space. With a global network of over 200 channel partners, the company offers trusted managed services to more than 1,100 security clients, including Fortune 500 companies and various governmental agencies. Their commitment to excellence is further evidenced by their award-winning Overwatch managed security services.
Future Outlook for High Wire Networks
The company has been recognized by Frost & Sullivan as a Top 12 Managed Security Service Provider in 2023 and featured on CRN’s lists of top IT managed service providers. As the cybersecurity landscape continues to evolve, High Wire's robust service offerings align with the growing demand for advanced security solutions, expected to reach a market value of $563 billion by 2032.
Frequently Asked Questions
Who is the new COO of High Wire Networks?
Edward Vasko has been appointed as the new Chief Operations Officer of High Wire Networks.
What was Edward Vasko's previous role before joining High Wire?
Prior to joining High Wire, Edward Vasko was the director of Boise State University’s Institute of Pervasive Cybersecurity.
What is Overwatch at High Wire Networks?
Overwatch is the managed cybersecurity services division of High Wire Networks, known for its innovative AI-powered solutions.
How does High Wire Networks rank in the cybersecurity industry?
High Wire Networks was recognized by Frost & Sullivan as a Top 12 Managed Security Service Provider in the Americas for 2023.
What types of clients does High Wire Networks serve?
High Wire serves a diverse range of clients, including Fortune 500 companies and major government agencies with its managed cybersecurity services.
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