Wavecrest Computing, established in 1996, provides web access security and monitoring solutions for businesses and government clients, including well-known organizations like Blue Cross Blue Shield and the U.S. Dept. of Veterans Affairs. Their Cyblock hybrid service combines local installations with cloud offerings, improving remote user security without needing to route traffic back to the main office. While it offers advantages like reduced costs and centralized management, it also faces challenges such as potential outages and the requirement for IT expertise.