Managed Detection & Response (MDR) in the Age of Digital Transformation: Tackling Evolving Cyber Threats

 

Quadrant Knowledge Solutions defines Managed Detection and Response (MDR) as a managed service that combines technology with human expertise to swiftly detect, analyze, investigate, and respond to cyber threats, reducing their impact through real-time threat mitigation and containment. MDR solutions enable faster threat defenses across endpoints, networks, hardware systems, applications, OT/IoT, and enterprise assets.

MDR providers utilize real attack data to enhance an organization’s overall security posture. A typical MDR solution should investigate endpoints, search for historical information using indicators of compromise to root out threats, and automatically detect threats. Additionally, MDR solutions assist organizations in performing root cause analysis for every cyber threat or any significant threat found on an endpoint. They proactively hunt for threats and take decisive action when a security incident, either potential or in-progress, is identified.

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Key questions this study will answer:

·       What is the current state of competition in the Managed Detection and Response (MDR) market?

·       What is the market share held by major vendors in this market?

·       What are the key competitive dynamics in the global and regional markets for MDR solutions?

·       Who are the leading vendors in the global and regional markets?

·       Are there vendors specializing in specific industries?

·       How do different vendors compare in terms of their offerings of cloud-based versus on-premise solutions?

·       What competitive factors impact the market positioning of different vendors?

·       What are the relative strengths and challenges of the vendors operating in this market?

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Strategic Market Direction  

Digital transformation has led to an increase in various types of cyber threats, resulting in a high volume of security alerts that are often overlooked by an organization’s security team. MDR serves as a catalyst in addressing these cyber threats and security alerts, securing organizational IT assets and helping organizations precisely configure security policies for enhanced protection.

Overall, MDR is crucial in transforming organizational information security strategies. It acts as a specialized service developed to manage complex IT networks and helps organizations combat sophisticated vulnerabilities.

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Vendors covered in this study:

Alert Logic, Arctic Wolf, Binary Defense, BlueVoyant, Cisco, Critical Start, CrowdStrike, Cybereason, Deepwatch, eSentire, Expel, WithSecure, Fishtech, GoSecure, Kudelski Security, Kroll, LMNTRIX, Mnemonic, Mandiant, NCC Group, Open Systems, Orange Cyberdefense, Pondurance, Proficio, Rapid7, Red Canary, Secureworks, Sentinel One, Sophos, and Trustwave.