EDEN PRAIRIE, MN – April 26 2024 – Arctic Wolf®, a global leader in security operations, today announced that it was ranked as a leading Managed Detection and Response (MDR) vendor in Frost & Sullivan’s 2024 Frost Radar™ report. The report evaluates and ranks 22 MDR providers across two key indices that focus on continuous innovation and the ability to translate innovation into consistent growth.
Arctic Wolf Managed Detection and Response is the cornerstone of the Arctic Wolf Security Operations Cloud which provides thousands of organizations across the globe with the ability to quickly detect, respond to, and recover from advanced cyber threats. Built on an open XDR architecture and leveraging advanced AI-algorithms against the more than five trillion security events it ingests each week, the Arctic Wolf Platform unifies organizational data and enables companies of any size to establish world-class Security Operations in a rapid, cost-efficient, and scalable way.
According to Frost & Sullivan’s 2023 Voice of the Enterprise Security Customer survey, “36% of global organizations were using MDR at the beginning of 2023, with a further 26% of them planning to invest in the service by 2024”, a significant growth rate that Frost & Sullivan attributes to MDR’s ability to address “the dearth of security talent and the rapid increase in the number and sophistication of threats.”
The Frost & Sullivan Managed Detection and Response Radar report praises Arctic Wolf for its “vendor-agnostic, open architecture approach as well as its customer-oriented delivery model” and states that “the focus on third-party support makes the service more attractive for customers wanting to take a best-in-class approach to security solutions.” Additionally, the report highlights that “Arctic Wolf’s go-to-market strategy is extremely sound” with the company being “one of the fastest-growing vendors in the MDR space, with one of the largest market shares to go with it.”
“We’re honored to be recognized by Frost & Sullivan for our innovation and growth leadership in the MDR market,” said Dan Schiappa, chief product officer, Arctic Wolf. “Our focus on delivering a vendor-agnostic approach to MDR is only more solidified as we enter the era of platformization. We believe Arctic Wolf offers a foundational cybersecurity platform and is highly differentiated in the market by our complete approach to driving positive security outcomes for our customers, which is built on both our Concierge Delivery Model and Security Journey programs.”
This MDR market leadership validation from Frost & Sullivan continues the trend of Arctic Wolf being recognized as both an innovator and leader not only in the security operations space, but also in the broader technology sector. In the last year, the company has also been recognized as part of the CNBC Disruptor 50, the Forbes Cloud 100, the Fortune Cyber 60, and as one of CRN’s 20 coolest risk, threat intelligence and security operations companies.
To download an excerpt of the 2024 Managed Detection and Response Frost Radar report, visit arcticwolf.com.
Additional Resources:
- Join the conversation with Arctic Wolf on Facebook, Twitter, LinkedIn, and YouTube
- Visit arcticwolf.comto learn more about our security operations solutions
- If you’re ready to get started, request a demo, get a quote, or conduct a Security Operations Maturity Assessment
- Want to join Arctic Wolf’s Partner Program? Apply today
About Arctic Wolf:
Arctic Wolf® is a global leader in security operations, enabling customers to manage their cyber risk in the face of modern cyber-attacks via a premier cloud-native security operations platform. The Arctic Wolf Security Operations Cloud ingests and analyzes more than five trillion security events a week to help enable cyber defense at an unprecedented capacity and scale, empowering customers of virtually any size across a wide range of industries to feel confident in their security posture, readiness, and long-term resilience. By delivering automated threat protection, response, and remediation capabilities, Arctic Wolf delivers world-class security operations with the push of a button so customers can defend their greatest assets at the speed of data.
Press Contact:
Reagan McAfee
Reagan.mcafee@arcticwolf.com
916-996-4969
© 2024 Arctic Wolf Networks, Inc., All Rights Reserved. Arctic Wolf, Arctic Wolf Platform, Arctic Wolf Security Operations Cloud, Arctic Wolf Managed Detection and Response, Arctic Wolf Managed Risk, Arctic Wolf Managed Security Awareness, Arctic Wolf Incident Response, and Arctic Wolf Concierge Security Team are either trademarks or registered trademarks of Arctic Wolf Networks, Inc. or Arctic Wolf Networks Canada, Inc. and any subsidiaries in Canada, the United States, and/or other countries.
