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Finance committee approves managed EDR cybersecurity subscription, places $24,000 cap

Homewood City Finance Committee · July 2, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Homewood City Finance Committee on July 1 approved entering an annual managed endpoint detection and response (EDR) subscription with vendor Huntress, to be paid from carryover funds; staff estimated costs at $15,000 for 250 devices and budgeted up to $24,000 for up to 400 devices and the committee added a 'not to exceed $24,000' limit.

The Homewood City Finance Committee voted 3-0 on July 1 to approve an annual managed endpoint detection and response (EDR) subscription, a cybersecurity service the city plans to use to monitor laptops, desktops and servers. The subscription was described in the meeting as originating from Brandon Sims and would be billed monthly from the city’s carryover fund balance beginning in July.

Staff explained the service provides monitoring for threats such as…

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