Tag Archive for: Market Guide

Proficio Included in Gartner’s 2023 Market Guide for Managed Detection and Response Services for Sixth Year in a Row

Carlsbad, Calif. – February 16, 2023 – 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 2023 Market Guide for Managed Detection and Response Services*. Gartner has been tracking the changes in the MDR market, sharing that the high-growth MDR market expanded nearly 50% worldwide from 2020 to 2021.

“We are thrilled to be recognized by Gartner, once again, in their Market Guide for Managed Detection and Response Services,” said Brad Taylor, CEO, Proficio. “We pride ourselves in being an innovator in our space and will continue to invest in our solution so our clients can rapidly and accurately respond to and contain high-fidelity threats. We’re proud to be included in this Market Guide and be recognized by Gartner for a sixth time.” 

In their Market Guide, Gartner explains that “successful MDR service providers offer a focus on high-fidelity threat detection, investigation and mitigative response with high verbosity, and human interpretable reporting aligned to business-focused risks.” They highlight the capabilities of MDR service providers and offer recommendations for security operations leaders, including:

  • “Assess how the MDR provider’s containment approach and incident reporting can integrate with your organization and whether actions can be performed on your behalf to align with business requirements as well as compliance/legal policy/government regulation.
  • Attain the maximum benefit from MDR services by preparing response workflow processes and integrating existing ticket management systems to ensure a business-centric response.
  • Investigate whether the MDR provider’s service is able to align with your business-driven requirements and provide actionable findings that internal teams can successfully react to, rather than settling for regurgitated technology outputs with no added analysis.”

Proficio provides 24/7 protection through our global network of Modern Security Operations Centers (MSOCs), where our experts monitor, investigate and triage suspicious events around the clock. Our MDR service provides a cloud native SIEM/SOAR/XDR solution, or we support SOC-as-a-Service for clients Splunk, MS Sentinel, or Elastic SIEM platforms. We can integrate directly with our clients SOAR or ITSM platforms using our ServiceNow eBonding or we offer a SOAR-as-a-Service solution providing customized incident response playbooks for incident response, containment, recovery, and our automated threat response solution, Active Defense. We also offer dedicated SOC teams for clients needing a more white-glove monitoring service. Proficio has always incorporated business context modeling to understand the unique client environment zones, criticalities, vulnerabilities, priorities, and policies. We then use this information to enhance threat validation and enrich alerting to enable triage for actionable and rapid response.

* Market Guide for Managed Detection and Response Services, 14 February 2023
By Analysts: Pete Shoard, Al Price, Mitchell Schneider, Craig Lawson, 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

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

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

Proficio Named in Gartner’s 2019 Market Guide for Managed Detection and Response Services for Third Consecutive Year

GLOBAL MANAGED SECURITY SERVICES PROVIDER RECOGNIZED AS REPRESENTATIVE VENDOR IN THE REPORT

Carlsbad, Calif. – July 25, 2019 – 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 July 15, 2019 “Market Guide for Managed Detection and Response Services” for the third year in a row. The report states, “MDR services add 24/7 threat monitoring, detection and response capabilities to security operations capabilities via an outcome-oriented approach. Security and risk management leaders should use this research to determine if MDR services are a good fit for their goals, use cases and requirements.

According to Gartner, “the MDR market continues to grow, and Gartner clients are gaining increasing awareness of the market. Gartner observed a 35% growth in inquiry on the topic over the last 12 months and estimates the market grew 20% year over year to approximately $600 million in 2018.” The report also predicts that “by 2024, 25% of organizations will be using MDR services, up from less than 5% today.”

“We are proud to be included in the Gartner Market Guide for Managed Detection and Response Services for the third consecutive year,” said Brad Taylor, CEO, Proficio. “MDR services have always been a focus of our cybersecurity services and we will continue to innovate in this area through leveraging machine learning, big data, and the cloud.”

Proficio’s approach to managed security services delivery is changing the way organizations defend against advanced threats and prevent security breaches. By offering around-the-clock MDR services, Proficio’s customers have unprecedented visibility into their networks and cybersecurity posture, and the peace of mind that their data is protected 24/7.

*Gartner, Market Guide for Managed Detection and Response Services, Toby Bussa, Kelly Kavanagh, Sid Deshpande, Craig Lawson, Pete Shoard, 15 July 2019

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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 advanced technologies to help organizations defend against advanced threats. Proficio pioneered the concept of SOC-as-a-Service and was the first MSSP to automate threat containment and to provide a security dashboard with threat scoring.

Contacts:
Kim Maibum
KMaibaum@Proficio.com