AT&T Splits Cybersecurity Business, Launches New Venture

 AT&T has announced it has split its cybersecurity services group, launching a joint venture to focus on managed cybersecurity services.

The new venture, LevelBlue, is being established in collaboration with cybersecurity investor WillJam Ventures. The companies said the new group will help protect businesses from the emerging threats of AI and cloud computing, which are changing cybersecurity requirements.

The venture was announced at the RSA Conference 2024, taking place in San Francisco this week. 

LevelBlue will offer cybersecurity services such as “managed security services, cybersecurity consulting, threat intelligence and continuous security operations center (SOC) support”, according to the companies.  

The venture will offer businesses a threat intelligence platform to identify potential issues and “accelerate threat detection and response.” According to the companies, the platform uses machine learning and expertise from the Open Threat Exchange (OTX), a community of more than 235,000 security professionals who submit over 20 million threat indicators daily.

It will also use AT&T’s cybersecurity consulting business to inform its security recommendations.

“Today’s rapidly evolving cybersecurity landscape requires organizations to leverage expert resources for continuous protection against emerging threats,”  said Bob McCullen, LevelBlue’s CEO. “LevelBlue’s advanced cybersecurity capabilities, our co-investment with AT&T and our ability to innovate will serve our customers and the industry well now and in the future.” 

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"Today marks a significant milestone as we officially launch LevelBlue, our standalone managed security services joint venture,” said Rick Welday, executive vice president of AT&T Enterprise Markets. “As we continue to embed more security capabilities into our core network, this venture simultaneously allows us to stay one step ahead of evolving cyber threats and foster innovation in the cybersecurity space.”