Midmarket Entertainment Company: Centralizing Cybersecurity
A midmarket entertainment organization* was struggling with decentralized security responsibilities, creating coverage gaps and increased risk exposure for the business. New Era Technology partnered with the client to perform a comprehensive security gap analysis, rationalize redundant tools, and implement a managed security services model. As a result of this modernization effort, the client improved their security coverage from 65% to 98% and achieved $300K in savings by Year 2, establishing a unified and highly mature security posture.
Introduction
In the dynamic and highly visible entertainment industry, organizations must protect valuable intellectual property and sensitive corporate data against an evolving threat landscape. For this midmarket entertainment company, safeguarding digital assets is a critical business imperative. However, as the organization scaled, it faced a common enterprise challenge: managing complex cybersecurity requirements with a small internal team and a limited budget. Leadership recognized the urgent need to establish stronger cybersecurity governance and improve visibility into enterprise risk, prompting them to seek a strategic partner capable of modernizing their security foundation without requiring a massive expansion of internal headcount.
The Problem
The entertainment company's primary objective was to secure its digital perimeter and reduce overall risk exposure. However, their existing IT environment presented several significant operational and structural hurdles:
Decentralized Security and Coverage Gaps
Security responsibilities were heavily decentralized across the business. This fragmented approach created severe gaps in security coverage, leading to inconsistent practices and a dangerously increased risk exposure across their network.
Internal Capacity Limitations
The organization lacked the internal capacity and resources to effectively coordinate security efforts. They were unable to standardize controls or scale their threat detection and response capabilities without hiring additional full-time staff, which was not feasible under their current budget constraints.
Tool Sprawl and Inefficiencies
Over time, the company had accumulated a bloated portfolio of cybersecurity applications. This tool sprawl not only drained the limited budget through redundant licensing but also created unnecessary operational complexity for the small internal IT team tasked with managing disparate dashboards and alerts.
The Solution
To meet the client's need for strong governance and centralized control, New Era Technology delivered an outcome-driven strategy focused on tool rationalization and expert-managed services.
Comprehensive Security Gap Analysis
New Era Technology initiated the engagement by performing a comprehensive security gap analysis. By thoroughly auditing the client's existing infrastructure, our experts identified critical vulnerabilities and mapped exactly where decentralized practices left the organization exposed.
Prioritized Roadmap and Tool Rationalization
Following the analysis, New Era Technology delivered a prioritized roadmap designed to centralize management and drastically reduce costs. We systematically rationalized their redundant security tools, stripping away unnecessary overlapping applications. This effort streamlined operations and maximized the return on investment for their core security infrastructure.
Managed Security Services and Advanced Endpoint Detection
To bridge the internal capacity gap, New Era Technology improved the client's endpoint detection and response capabilities and transitioned the organization to a managed security services model. This expertise-as-a-service approach allowed the client to move from a fragmented, highly vulnerable state to a unified, high-confidence security posture, backed by our team of certified security experts.
Result
The strategic partnership with New Era Technology and the transition to a centralized managed security model delivered immediate, measurable value to the entertainment company:
- $300K in Year 2 Savings: By rationalizing redundant tools and optimizing their security architecture, the client achieved $300,000 in savings during the second year of implementation.
- Massive Reduction in Risk: Security coverage improved dramatically, jumping from a vulnerable 65% to a robust 98% risk reduction, effectively closing the gaps created by their previously decentralized model.
- Increased Security Maturity: The organization realized a significantly higher level of security maturity. With centralized control and efficient management of their cybersecurity programs, the internal team can now focus on strategic IT initiatives rather than chasing fragmented alerts.
Conclusion
By standardizing their security controls and embracing a managed security services model, this midmarket entertainment company successfully transformed its decentralized and costly IT environment into a streamlined, high-confidence enterprise architecture. The partnership with New Era Technology not only eliminated redundant toolsets, saving $300K, but also laid the groundwork for robust, scalable threat protection. Moving forward, the client is positioned to seamlessly scale its operations, knowing its infrastructure is protected by a mature, centralized cybersecurity program.
Are you struggling to manage cybersecurity with a small team and a limited budget? Discover how New Era Technology can modernize your foundation and streamline your security operations.
*The company name is withheld at the company’s request. Reach out to learn the name.
