Proficio Launches New Service to Protect Enterprises from Identity-based Attacks and Credentials Abuse

Identity Threat Detection and Response powered by ProSOC MDR and Active Defense XDR

Carlsbad, Calif. – April 27, 2022 Proficio, a leading Managed Detection and Response (MDR) service provider, today announced the launch of ProSOC Identity Threat Detection and Response. This new service is the industry’s only vendor agnostic Open XDR solution that supports Identity Threat Detection and Response and works with existing security tools without proprietary agents or sensors.

Identity-based attacks are one of the top cybersecurity threats facing organizations today. Attackers are increasingly attempting to steal credentials, escalate privileges, and move laterally across an organization’s infrastructure. Proficio’s ProSOC Identity Threat Detection and Response service leverages advanced technology combined with human-led investigations to detect threats to an organization’s Identity and Access Management (IAM) infrastructure. When a high-fidelity threat is detected, Proficio’s automated response solution, Active Defense, can quickly suspend or reset a user account for one or more applications.

“The fact that identity compromises are present in most ransomware and supply chain attacks is a major concern for our clients,” said Brad Taylor, CEO, Proficio. “Traditional approaches to security monitoring with manual incident response are often too slow to react to these attacks and compromises. Our new ProSOC Identity Threat Detection and Response service addresses identity-based threats more effectively than any other alternative, works with your existing security tools, and does not require changes or additions of agents or sensors.”

ProSOC Identity Threat Detection and Response Advantages:

Increased Visibility to Identity Threats: Identity threat use cases, cross-correlation rules, machine learning models, telemetry from security devices, and threat intelligence data are combined to detect identity-based attacks and compromises more accurately. Clients receive prioritized alerts aligned with the MITRE ATT&CK framework and can view identity threat activity in Proficio’s ProViewTM portal.

Fast Effective Response: Active Defense supports both automated and semi-automated functions, allowing incident responders to perform a double validation of a threat before initiating an account suspension through a single click in Proficio’s ServiceNow portal.

Reduced Risk of Ransomware: ProSOC Identity Threat Detection and Response service reduces the risk of ransomware attackers stealing privileged credentials to propagate ransomware across business applications and cloud instances.

Vendor Agnostic: Enhances existing vendor tool capabilities to deliver threat detection and response across all platforms and telemetry without adding sensors or agents.

ProSOC Identity Threat Detection and Response is offered as an optional extension to Proficio’s award-winning MDR service. Learn more.

ABOUT PROFICIO

Founded in 2010, Proficio is an award-winning managed detection and response (MDR) service provider. We help prevent cybersecurity breaches by performing and enabling responses to attacks, compromises, and policy violations. We have been recognized in Gartner’s Market Guide for MDR services annually since 2017. Our team of experts provides 24/7 security monitoring and alerting from global security operations centers (SOCs) in San Diego, Barcelona, and Singapore.  www.proficio.com.

Contacts:
Kim Maibaum
kmaibaum@proficio.com

PROFICIO NAMED GLOBAL SECURITY OPERATIONS CENTER (SOC) TEAM OF THE YEAR

Carlsbad, Calif. – February 3, 2022 (updated February 11, 2022) – Proficio, a managed security services provider (MSSP) delivering managed detection and response (MDR) services, today announced they received 3 2022 Cybersecurity Excellence Gold awards for SOC Team of the Year, Managed Detection and Response (MDR) Provider of the Year, and AWS Cloud Security Provider of the Year. The Cybersecurity Excellence Awards honor companies that demonstrate excellence and innovation and receive acclaim from the broader cybersecurity community.

“We are honored to be named Global SOC Team of the Year,” said Carl Adasa, VP of Global SOC Operations, Proficio. “This award reflects the hard work and commitment of our security experts who provide our clients 24/7 protection from our global network of SOCs.”

Proficio’s global team of security analysts and engineers monitor security events, investigate suspicious behavior, and hunt for targeted attacks. We use an extensive library of threat discovery use cases, the MITRE ATT&CK ® framework, machine learning-based threat hunting models, and our advanced threat intelligence platform to provide superior threat detection for our clients. Proficio also offers automated response and containment services, as well as Risk-Based Vulnerability Management (RBVM) services to prioritize vulnerabilities based on the likelihood of exploitation and the criticality of the assets at risk.

ABOUT PROFICIO

Founded in 2010, Proficio is an award-winning managed detection and response (MDR) service provider. We help prevent cybersecurity breaches by performing and enabling responses to attacks, compromises, and policy violations. We have been recognized in Gartner’s Market Guide for MDR services annually since 2017. Our team of experts provides 24/7 security monitoring and alerting from global security operations centers (SOCs) in San Diego, Barcelona, and Singapore. Proficio’s cloud-native Threat Management Platform uses a combination of industry leading commercial software and proprietary technology to provide clients with advanced analytics, threat intelligence, Security Orchestration, Automation, and Response (SOAR), patented risk scoring, AI-based threat hunting, Open XDR, and Risk-Based Vulnerability Management. www.proficio.com.

Contacts:
Brock Watson
bwatson@proficio.com

Proficio Included in Gartner’s 2021 Market Guide for Managed Detection and Response Services for Fifth Year in a Row

Carlsbad, Calif. – October 26, 2021 – Proficio, a managed security services provider (MSSP) delivering managed detection and response (MDR) services, today announced they have been recognized once again as a Representative Vendor in Gartner’s 2021 Market Guide for Managed Detection and Response Services* for the fifth consecutive year.  

Gartner’s research estimates the market will grow to over $2B in revenue by 2025 and sees an increase in the number of MDR service providers in the market, “causing challenges for buyers looking to identify and select an appropriate provider.” In their Market Guide, they highlight the continued importance of organizations using MDR services for 24/7 Security Operations Center (SOC) capabilities, such as monitoring and threat detection, as well as finding an MDR provider who can assist with threat containment or response processes. 

“We are excited to be recognized in the Gartner Market Guide for Managed Detection and Response Services for the fifth consecutive year,” said Brad Taylor, CEO, Proficio. “As the first MDR service provider to deliver automated response service and the only on to offer clients real-time insights into their security posture, cyber risk scoring, and gap analysis, we are considered an innovator in this space. We’re proud to be continually recognized in this Market Guide and will continue to invest in our people, processes, and technology to help our clients quickly react to and contain credible threats.” 

Proficio’s utilizes an extensive library of threat discovery use cases, the MITRE ATT&CK ® framework,  machine learning-based threat hunting models, business context modeling, and an advanced threat intelligence platform to provide superior threat detection for our clients. Our clients also receive our patented ThreatInsight® gap analysis and risk scoring, which are included in our ProView™ web portal along with executive dashboards and reports. Through our global network of Modern Security Operations Centers (MSOCs), Proficio experts monitor, investigate and triage suspicious events on a 24/7 basis using either Proficio’s cloud-based Threat Management Platform or a client-owned SIEM, such as Splunk or Elastic. Proficio also offers Risk-Based Vulnerability Management (RBVM) services to prioritize vulnerabilities based on the likelihood of exploitation and the criticality of the assets at risk, and Active Defense service to automate the response to high fidelity security events. 

* Market Guide for Managed Detection and Response Services, 25 October 2020 
By Analysts: Pete Shoard, Craig Lawson, Mitchell Schneider, John Collins, Mark Wah, Andrew Davies   

 ABOUT PROFICIO 

Founded in 2010, Proficio is an award-winning managed detection and response service provider. We help prevent cybersecurity breaches by performing and enabling responses to attacks, compromises, and policy violations. Our team of experts provides 24/7 security monitoring and alerting from global security operations centers (SOCs) in San Diego, Barcelona, and Singapore. Proficio’s cloud-native Threat Management Platform uses a combination of industry leading commercial software and proprietary technology to provide clients with advanced analytics, threat intelligence, Security Orchestration, Automation, and Response (SOAR), patented risk scoring, AI-based threat hunting, Open XDR, and Risk-Based Vulnerability Management. www.proficio.com. 

Contacts:
Kim Maibaum
KMaibaum@Proficio.com

IGXGlobal to Provide Managed Detection and Response Security Services to Customers Across Europe

Herndon, VA –  September, 2021 – ePlus inc. (NASDAQ NGS: PLUS – news) today announced that its London-based subsidiary, IGXGlobal UK Limited, has expanded its Security Services portfolio to include a new Managed Detection and Response (MDR) offering that will help customers across Europe defend against growing cyber-threats.

The addition of MDR services to IGXGlobal’s roster will provide enterprise clients with access to technology that can enhance protection of their organizations with around-the-clock security monitoring and alerting, threat detection, and incident management from global managed security operations centers. In the face of a growing cyber skills gap and on-going budget constraints, the MDR service will enable IGXGlobal customers to more quickly and easily implement technology and expertise that allows them to be proactive and responsive to threats.

“As cyber security threats become increasingly complex and evasive of traditional security controls, many organizations lack the resources and tooling to monitor and respond to these security threats,” said Richard Dunthorne, services director of IGXGlobal. “IGXGlobal now has the ability to provide customers with next generation security technology, including machine learning and behavior analytics, threat intelligence, AI-based threat models and business context modelling, to help identify and analyze threats more efficiently for a quicker and more comprehensive response.”

IGXGlobal will work in collaboration with Proficio, a long-standing and trusted partner of ePlus Technology, to provide and accelerate the use of their MDR security technology in key European markets.

“We are excited to expand our successful partnership with ePlus and join together with IGXGlobal to provide this service,” said Tim Capps, managing director, EMEA for Proficio. “IGXGlobal has a well-established name in the technology sector and is trusted by large corporate and public sector organizations for their expertise and technical capabilities. As the need for cybersecurity continues to grow, we are pleased to enter into this strategic relationship to accelerate our market leadership, expand our coverage, and help organizations reduce their business risk.”

Organizations based in Europe who would like to learn more about protecting their business with MDR are asked to complete and submit an online form.

About IGXGlobal UK Limited

IGXGlobal UK Limited (IGXGlobal) is a UK-based, wholly-owned subsidiary of ePlus Technology inc. ePlus & IGXGlobal support customers commercially and technically on a global scale. As a technology systems integrator at the forefront of digital transformation IGXGlobal designs, builds and secures automated multi-cloud infrastructures that meet the rapidly changing needs of enterprise businesses. Our company is built upon technical and service excellence, which is exemplified by our skills and capabilities across multiple technologies.  Our biggest differentiator remains our local, personalized approach that is ingrained into our heritage. We are in the unique position to have both the capabilities of a Global Systems Integrator and the agility and flexibility of a smaller organization. IGXGlobal UK Limited is registered in England and Wales.  Its registered number is 05551268, and it’s registered office address is Camburgh House, 27 New Dover, Road, Canderbury, Kent, CT1 3DN.

About Proficio

Founded in 2010, Proficio is an award-winning managed security services provider (MSSP) offering a full range of cybersecurity services through global security operations centers (SOCs) in San Diego, Barcelona and Singapore. Proficio’s services include managed detection and response (MDR), 24/7 monitoring and alerting, Security Orchestration, Automation, and Response (SOAR), AI-based threat detection, Risk-based Vulnerability Management, and Risk Scoring. Proficio’s innovative approach to managed cybersecurity services combines proprietary software, credentialed security analysts, and the industry’s most advanced technologies to help organizations defend against advanced threats.

About ePlus inc.

ePlus is a leading consultative technology solutions provider that helps customers imagine, implement, and achieve more from their technology.  With the highest certifications from top technology partners and lifecycle services expertise across key areas including security, cloud, data center, collaboration, networking and emerging technologies, ePlus transforms IT from a cost center to a business enabler.  Founded in 1990, ePlus has more than 1,500 associates serving a diverse set of customers in the U.S., Europe, and Asia-Pac.  The Company is headquartered at 13595 Dulles Technology Drive, Herndon, VA, 20171.  For more information, visit www.eplus.com, call 888-482-1122, or email info@eplus.com.  Connect with ePlus on Facebook, LinkedIn, Twitter and Instagram.  ePlus, Where Technology Means More®.

ePlus®, Where Technology Means More®, and ePlus products referenced herein are either registered trademarks or trademarks of ePlus inc. in the United States and/or other countries.  The names of other companies, products, and services mentioned herein may be the trademarks of their respective owners.

Statements in this press release that are not historical facts may be deemed to be “forward-looking statements.”  Actual and anticipated future results may vary materially due to certain risks and uncertainties, including, without limitation, the duration and impact of COVID-19 and the efficacy of vaccine roll-outs, which could materially adversely affect our financial condition and results of operations and has resulted worldwide in governmental authorities imposing numerous unprecedented measures to try to contain the virus that has impacted and may further impact our workforce and operations, the operations of our customers, and those of our respective vendors, suppliers, and partners; national and international political instability fostering uncertainty and volatility in the global economy including an economic downturn, an increase in tariffs or adverse changes to trade agreements, exposure to fluctuation in foreign currency rates, interest rates and downward pressure on prices; our ability to successfully perform due diligence and integrate acquired businesses; the possibility of goodwill impairment charges in the future; reduction of vendor incentive programs; significant adverse changes in, reductions in, or losses of relationships with one or more of our largest volume customers or vendors; the demand for and acceptance of, our products and services; our ability to adapt our services to meet changes in market developments; our ability to implement comprehensive plans to achieve customer account coverage for the integration of sales forces, cost containment, asset rationalization, systems integration and other key strategies; our ability to reserve adequately for credit losses; our ability to secure our electronic and other confidential information or that of our customers or partners and remain secure during a cyber-security attack; disruptions or a security breach in our or our vendors’ IT systems and data and audio communication networks; future growth rates in our core businesses; our ability to protect our intellectual property; the impact of competition in our markets; the possibility of defects in our products or catalog content data; our ability to adapt to changes in the IT industry and/or rapid change in product standards; our ability to realize our investment in leased equipment; our ability to hire and retain sufficient qualified personnel; and other risks or uncertainties detailed in our reports filed with the Securities and Exchange Commission.  All information set forth in this press release is current as of the date of this release and ePlus undertakes no duty or obligation to update this information.

 

Contact:
Kleyton Parkhurst, SVP
ePlus inc.
kparkhurst@eplus.com

Proficio Achieves AWS Level 1 Managed Security Service Provider Competency Status and Becomes an MSSP Seller in AWS Marketplace

CARLSBAD   August 24, 2021 – Proficio, a managed security services provider (MSSP) delivering managed detection and response (MDR) services, announced today that it has achieved Amazon Web Services (AWS) Level 1 Managed Security Service Provider (MSSP) Competency status. This designation recognizes that Proficio has successfully met AWS’s requirements for a baseline of managed security services to protect and monitor essential AWS resources 24/7, known as Level 1 Managed Security Services. This new baseline standard of quality for managed security services was introduced by AWS to benefit cloud environments of any size and it spans six security domains: vulnerability management, cloud security best practices and compliance, threat detection and response, network security, host and endpoint security, and application security. The six domains contain multiple MSSP services, each with technical skillset and operational process requirements specific to AWS.

AWS launched the AWS Level 1 MSSP Competency together with a dedicated MSSP solution area in AWS Marketplace to enable customers to easily acquire ongoing security monitoring and management, validated by AWS. AWS security experts annually validate the tools used and operational processes of each MSSP to address specific cloud security challenges such as continuous event monitoring, triaging, AWS service configuration best practices, and 24/7 incident response. The AWS Level 1 MSSP Competency along with the AWS Marketplace MSSP solution area provide a faster and easier experience for customers to select the right MSSP to help them achieve their goals for business risk and cloud strategy confidence.

Achieving the AWS Level 1 MSSP Competency differentiates Proficio as an MSSP and AWS Partner with essential 24/7 managed cloud security skillsets to earn the distinction of Level 1 MSSP. In addition, Proficio is also a launch Partner for the MSSP solution area in AWS Marketplace.

“Proficio is proud to be one of the first AWS Partners to achieve AWS Level 1 MSSP Competency status,” said Brad Taylor, CEO, Proficio. “Proficio’s team is dedicated to ensuring our clients keep their critical data and assets secure, which includes having the knowledge and expertise to manage industry leading cloud infrastructures.”

 

“Achieving the AWS Level 1 MSSP Competency is no small task,” said Ryan Orsi, Global Security/MSSP Practice Team Lead, AWS. “The company’s dedication to ensuring their clients are set up for success helped Proficio become one of the first to achieve this competency.”

AWS is enabling scalable, flexible, and cost-effective solutions from startups to global enterprises. To support the seamless integration and deployment of these solutions, AWS established the AWS Competency Program to help customers identify AWS Partners with deep industry experience and expertise.

Proficio delivers an array of security services on AWS, including 24/7 security monitoring, incident alerting, and response capabilities from our global network of Security Operations Centers (SOCs). The company’s team of security experts help customers to reduce risk, meet their security and compliance goals and maximize the value of their AWS infrastructure. As a dedicated AWS Partner, Proficio has also joined the AWS Independent Software Vendor (ISV) Accelerate program, a recognition of the confidence and focus to collaborate in the AWS Partner co-sell program.

About Proficio

Founded in 2010, Proficio is an award-winning managed detection and response service provider. We help prevent cybersecurity breaches by performing and enabling responses to attacks, compromises, and policy violations. Our team of experts provides 24/7 security monitoring and alerting from global security operations centers (SOCs) in San Diego, Barcelona, and Singapore. www.proficio.com

Contacts:
Kim Maibaum
KMaibaum@Proficio.com

MDR Service Provider Proficio Enables Rapid Threat Containment with Microsoft Defender ATP

CARLSBAD   May 4, 2021 – Proficio, a managed security services provider (MSSP) delivering managed detection and response (MDR) services, today announced that its proprietary automated response solution, Active Defense, now supports Microsoft Defender ATP. This feature allows Proficio to quickly quarantine or isolate hosts from the network that are determined to be an immediate threat to their clients.

Microsoft Defender ATP is a key tool helping enterprises detect, investigate, and respond to advanced attacks within their organization. As a Gartner leader in endpoint protection service, it provides a host of solutions including cloud security analytics, threat intelligence and endpoint behavioral sensors, for comprehensive built-in endpoint protection capabilities. Proficio continues to expand their Open XDR automated response and containment capabilities by adding this support and provide an extra layer of protection by enabling rapid actions to critical threats detected within their networks by Microsoft Defender ATP.

“In cybersecurity, every second matters, so it is essential to take both fast and effective actions to contain active attacks,” says Brad Taylor, Proficio’s CEO. “Proficio developed Active Defense to aid our clients when a high-fidelity threat is detected within their network. This new integration allows our clients to extend their cyber protection by taking advantage of Proficio’s cloud-based security service alongside Microsoft’s leading endpoint protection solution.”

Proficio’s Active Defense platform currently supports a large number of vendors, including on-premise and cloud-based firewalls and industry-leading endpoint security solutions. This service is part of Proficio’s managed security services offering that enables clients to reduce risk, meet their security and compliance goals, and maximize their investments in security technology. Alongside 24/7 MDR services, Proficio offers clients a full suite of cybersecurity services, including management for security devices and Risk-Based Vulnerability Management, to ensure comprehensive protection against threats.

About Proficio

Founded in 2010, Proficio is an award-winning managed detection and response service provider. We help prevent cybersecurity breaches by performing and enabling responses to attacks, compromises, and policy violations. Our team of experts provides 24/7 security monitoring and alerting from global security operations centers (SOCs) in San Diego, Barcelona, and Singapore. Proficio’s cloud-native Threat Management Platform uses a combination of industry leading commercial software and proprietary technology to provide clients with advanced analytics, threat intelligence, Security Orchestration, Automation, and Response (SOAR), patented risk scoring, AI-based threat hunting, Open XDR, and Risk-Based Vulnerability Management. www.proficio.com.

Contacts:
Kim Maibaum
KMaibaum@Proficio.com

MDR Service Provider Proficio Issued Patent for ThreatInsight Cyber Risk Scoring

CARLSBAD   March  10, 2021 – Proficio, a managed security services provider (MSSP) delivering managed detection and response (MDR) services, today announced that the United States Patent and Trademark Office (USPTO) has issued the company U.S. Patent No. 10,931,703 for its cyber risk scoring capabilities known as ThreatInsight®.

Proficio is the first and only MDR service provider offering its clients real-time insights into their security posture, cyber risk scoring, and gap analysis based on known cyber threats. This newly awarded patent covers the method for generating threat coverage scores that are based on the security technologies applied within the client’s existing network (perimeter, endpoint, core, and cloud) in the context of the threat landscape. Also included in the patent are recommendations to reduce gaps in threat coverage that result in improved ThreatInsight risk scores.

“Our MDR service accurately detects threats and reduces the time to respond and contain threats through automated response or response orchestration,” says Brad Taylor, Proficio’s CEO. “ThreatInsight provides our clients with additional strategic value by identifying gaps in their existing security controls and quantifying their risk compared to other organizations in their peer group. We enable IT leaders to better answer questions from their executive leadership about their organization’s existing cyber risk and what investments are needed to improve their security posture. In essence, this is business intelligence for cybersecurity.”

“As the need for Managed Detection and Response (MDR) services continues to grow, it is clear that not all MDR providers are equal,” says Craig Robinson, Program Director of Security Services for IDC. “Next-generation MDR service providers will need to offer more advanced capabilities for threat hunting, automated response, and risk analysis. Providing CISOs with continuous visibility into their security posture and making recommendations on reducing gaps in their threat coverage is imperative.”

Proficio’s ThreatInsight gap analysis and risk scoring are included in its ProView™ web portal at no extra cost. ProView includes executive dashboards and provides increased visibility to trends, alerts and response actions, as well as KPIs. Proficio also offers Risk-Based Vulnerability Management (RBVM) services to prioritize vulnerabilities based on the likelihood of exploitation and the criticality of the assets at risk. Together, the ProView portal with ThreatInsight, and Proficio’s RBVM service provide organizations the most complete visibility into their cyber risk profile that is available in the market today.

About Proficio

Founded in 2010, Proficio is an award-winning managed detection and response service provider. We help prevent cybersecurity breaches by performing and enabling responses to attacks, compromises, and policy violations. Our team of experts provides 24/7 security monitoring and alerting from global security operations centers (SOCs) in San Diego, Barcelona, and Singapore. Proficio’s cloud-native Threat Management Platform uses a combination of industry leading commercial software and proprietary technology to provide clients with advanced analytics, threat intelligence, Security Orchestration, Automation, and Response (SOAR), patented risk scoring, AI-based threat hunting, Open XDR, and Risk-Based Vulnerability Management. www.proficio.com.

Contacts:
Kim Maibaum
KMaibaum@Proficio.com

Proficio Recognized as a Leader in KuppingerCole’s Market Compass for SOC-as-a-Service

Carlsbad, CA – March 2, 2021 – Proficio, an award-winning managed security services provider (MSSP) delivering managed detection and response (MDR), has received one of the highest ratings in KuppingerCole’s Market Compass for SOC-as-a-Service (SOCaaS).

In their report, KuppingerCole highlights the growth in the SOCaaS market accelerated by the increasing complexity of cyberthreats and compliance regulations. They predict that the market will “continue to grow and develop as organizations seek to bolster their cybersecurity, keep hiring costs as low as possible, and get the most benefit from existing security investments.”

KuppingerCole highlighted Proficio as a featured vendor and gave Proficio one of the highest number of strong positive ratings.

“SOCaaS is the only way most small to medium sized organizations are able to consolidate all of their security threats, tools and systems into a single point of control, but because the security requirements and in-house security capabilities of organizations vary greatly, SOCaaS solutions need to accommodate those differences,” says Warwick Ashford, KuppingerCole’s Senior Analyst for Cybersecurity. “Proficio’s ProSOC service offerings provide a great fit for this market segment by providing flexible deployment options and multiple levels of service to choose from.”

Ashford continues, “ProSOC is also a mature, scalable SOCaaS platform that is supported by a global network of SOCs and has a wide range of capabilities to meet all the basic SOCaaS requirements across on-prem, cloud, and hybrid environments. With a focus on R&D, Proficio is continually evolving its capabilities, which since 2013, have included Security Orchestration, Automation and Response (SOAR). This capability can be used for automated incident response and supports integration with endpoint and perimeter tools, such as industry-leading next-generation firewalls.”

“We’re thrilled to be included in this report, which further establishes the value of our continued investments in our people, processes, and technology to further reduce the time to both detect threats and respond to attacks and security incidents, so our clients stay better protected,” says Brad Taylor, CEO of Proficio.

About Proficio

Founded in 2010, Proficio is an award-winning managed detection and response service provider. We help prevent cybersecurity breaches by performing and enabling response to attacks, compromises, and policy violations. Our team of experts provides 24/7 security monitoring and alerting from global security operations centers (SOCs) in San Diego, Barcelona and Singapore. Proficio’s cloud-native Threat Management Platform uses a combination of industry leading commercial software and proprietary technology to provide clients with advanced analytics, threat intelligence, Security Orchestration, Automation, and Response (SOAR), patented risk scoring, AI-based threat hunting, open XDR, and Risk-Based Vulnerability Management. www.proficio.com.

Contact:

Kim Maibaum
Director of Marketing
kmaibaum@proficio.com

Proficio Named to MSSP Alert’s Top 250 MSSPs List for 2020 

Fourth-Annual List Honors Leading
MSSP, MDR and SOCaaS Cybersecurity Companies Worldwide 

Carlsbad, CA – September 24, 2020 – MSSP Alert, published by After Nines Inc., has named Proficio to the Top 250 MSSPs list for 2020 (http://www.msspalert.com/top250).  

The list and research identify and honor the top MSSPs, managed detection and response (MDR) and Security Operations Center as a Service (SOCaaS) providers worldwide. 

The rankings are based on MSSP Alert’s 2020 readership survey combined with the digital media site’s global editorial coverage of managed security services providers. The fourth-annual list has expanded from 2019 (200 honorees) and 2018-2017 (100 honorees) amid MSSP Alert’s continued, organic readership growth.  

“We pleased to once again be recognized as a top managed security service provider by MSSP Alert,” said Brad Taylor, CEO of Proficio. “Being ranked in the top tenth percentile of the list reflects the dedication of our team and our focus on bringing our clients unapparelled value, combined with the significant investments made in advanced managed detection and response technologies.” 

“After Nines Inc. and MSSP Alert congratulate Proficio on this year’s honor,” said Amy Katz, CEO of After Nines Inc. “Despite the coronavirus pandemic, this year’s honorees continue to accelerate their businesses, mitigate customer risk and safeguard digital assets worldwide.”  

Highlights from the associated MSSP Alert research include: 

  • MSSP Revenue Growth: MSSP honorees, on average, expect to generate $19.15 million in revenue for 2020, up 16% from $16.47 million in 2019. 
  • Geography: Honorees are headquartered in 25 different countries — up from 19 countries in the 2019 report. 
  • Profits: 84% of MSSPs surveyed expect to be profitable for fiscal year 2020. 
  • Security Operations Centers: 67% have in-house SOCs, 24% are hybrid, 6% completely outsource their SOCs, and 3% are reevaluating their SOC strategies. 
  • Cyberattack Trends: The most frequent attacks targeting MSSP customers in 2020 include phishing (95%), vulnerability (76%) and ransomware (69%) attacks. 
  • Cybersecurity Solutions: In a continued sign of market fragmentation, MSSP survey participants mentioned 129 different hardware, software, cloud, and services vendors that assist their cybersecurity efforts — up from 95 in 2019. 
  • M&A: Mergers, acquisitions and private equity investments continue to accelerate across the MSSP landscape. Twenty high-profile deals involving MSSP 250 honorees have surfaced since last year’s report. 

The Top 250 MSSPs list and research were overseen by Content Czar Joe Panettieri (@JoePanettieri). Find the online list and associated report here: http://www.msspalert.com/top250. 

About Proficio 

Founded in 2010, Proficio is an award-winning managed security services provider (MSSP) offering a full range of cybersecurity services through global security operations centers (SOCs) in San Diego, Barcelona and Singapore. Proficio’s services include managed detection and response (MDR), 24/7 monitoring and alerting, Security Orchestration, Automation, and Response (SOAR), AI-based threat detection, Risk-based Vulnerability Management, and Risk Scoring. Proficio’s innovative approach to managed cybersecurity services combines proprietary software, credentialed security analysts, and the industry’s most advanced technologies to help organizations defend against advanced threats. www.proficio.com. 

Contacts:
Kim Maibaum

About After Nines Inc. 

After Nines Inc. provides timeless IT guidance for strategic partners and IT security professionals across ChannelE2E (www.ChannelE2E.com) and MSSP Alert (www.MSSPAlert.com).  ChannelE2E tracks every stage of the IT service provider journey — from entrepreneur to exit. MSSP Alert is the global voice for Managed Security Services Providers (MSSPs).   

  • For sponsorship information contact After Nines Inc. CEO Amy Katz, Amy@AfterNines.com 
  • For content and editorial questions contact After Nines Inc. Content Czar Joe PanettieriJoe@AfterNines.com 

Proficio Included in Gartner’s 2020 Market Guide for Managed Detection and Response Services for Fourth Consecutive Year

Carlsbad, Calif. – September 9, 2020 – Proficio, an award-winning managed security services provider (MSSP) delivering managed detection and response (MDR), has been recognized as a Representative Vendor in Gartner’s 2020 Market Guide for Managed Detection and Response Services* for the fourth year in a row.

In their Market Guide, Gartner states that in the past year , they have seen “a 44 percent growth in end users’ inquiries into MDR services”. Gartner sees strong growth potential for the market, projecting that “by 2025, 50 percent of organizations will be using MDR services for threat monitoring, detection, and response functions that offer threat containment capabilities.”

“We are pleased to be recognized in the Gartner Market Guide for Managed Detection and Response Services for the fourth consecutive year,” said Brad Taylor, CEO, Proficio. “Proficio is an innovator in MDR services. We delivered the first automated response service, pioneered SOC-as-a-Service, and are a leader in cybersecurity business intelligence. We continue to invest in our people, processes, and technology to reduce the time to both detect threats and respond to attacks and security incidents.”

Proficio’s approach to threat detection leverages an extensive library of threat discovery use cases, the MITRE ATT&CK® framework, AI-based threat hunting models, business context modeling, and an advanced threat intelligence platform. Through our global network of Security Operations Centers (SOCs), Proficio experts monitor, investigate and triage suspicious events on a 24/7 basis. Our Active Defense service automates the response to high fidelity security events and integrates with leading security products to provide the industry’s first SOAR-as-a-Service.

* Market Guide for Managed Detection and Response Services, 26 August 2020

By Analysts Toby Bussa, Kelly Kavanagh, Pete Shoard, John Collins, Craig Lawson, Mitchell Schneider

ABOUT PROFICIO

Founded in 2010, Proficio is an award-winning managed security services provider (MSSP) delivering 24/7 security monitoring and alerting, managed detection and response (MDR), and cybersecurity services through global security operations centers in San Diego, Barcelona and Singapore. Proficio’s innovative approach to managed cybersecurity services uses proprietary processes, experienced security analysts, and the industry’s most powerful technologies to help organizations defend against advanced threats.

Contacts:
Kim Maibaum
KMaibaum@Proficio.com