CVE-2024-3400: PAN-OS Command Injection Vulnerability in GlobalProtect Gateway. Learn More

CVE-2024-3400: PAN-OS Command Injection Vulnerability in GlobalProtect Gateway. Learn More

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Frost & Sullivan: Trustwave MDR Growth Will Exceed Industry Average

The security analyst firm Frost & Sullivan positioned Trustwave as a leader and top innovator in its research on the MDR market landscape, noting its innovative, industry-leading cloud-native Fusion platform provides visibility into cloud, network, endpoint, OT, and email environments, while its Managed Detection and Response solution will spur faster than average industry revenue growth.

The Frost & Sullivan report praised Trustwave Fusion, particularly its ability to integrate with hundreds of outside telemetry sources and work with a growing list of partners, including Microsoft (Trustwave is a verified MXDR partner), Palo Alto Networks, CrowdStrike and SentinelOne. The profile highlighted how the Fusion platform enables Trustwave’s global threat operation capable of delivering 24/7 detection, investigation, response, threat hunting, DFIR, and pen testing.

“Trustwave’s breadth of cybersecurity coverage provides flexibility and specialization opportunities to address most customers’ use cases, no matter how exceptional. Thanks to its MSSP pedigree, Trustwave provides a suite of complementary services such as cyber advisory, co-managed SOC, managed SIEM, cyber architecture and integration, diagnostic services, and many others,” the report stated.

Importantly, Frost & Sullivan pointed out that Fusion is backed by Trustwave’s curated threat intelligence, AI and machine learning modules and its broad portfolio of managed and professional security services.

 

Future Growth Expected

Trustwave’s expertise in the MDR space will help set the stage for ongoing growth that Frost & Sullivan anticipates will outpace the industry average for the enterprise and large enterprise business segments. This expected growth is based on its potential customer base.

“The company’s service extends across all industries, company sizes, and maturity levels thanks to its extensive portfolio and MDR-adjacent offerings that allow the customers’ security maturity to grow organically with the Fusion platform as a one-stop shop,” the report said.

Trustwave’s ability to work with companies regardless of their security maturity level means it is well positioned to take advantage of what Frost & Sullivan believes will be a boom in the Latin American MDR market. The analyst firm expects Latin America, which has lagged behind other regions in adopting MDR, will grow at a faster pace than North America or EMEA.

“Organizations in the region will need to partner with vendors such as Trustwave to adopt MDR strategies and increase resilience. The company’s expansion strategy is sure to pay off in the mid to long-term,” Frost & Sullivan said.

 

The Need for MDR

The shortage of cybersecurity professionals is a pressing concern worldwide. As technology advances and cyber threats become more complex, organizations struggle to find skilled individuals capable of defending their physical and digital infrastructure.

This scarcity impacts organization’s ability to safeguard sensitive data, critical infrastructure, and governmental systems. To address this issue, organizations are increasingly turning to MDR services. These providers offer top-tier security expertise, partnering with organizations to establish effective security perimeters.

By outsourcing security, organizations can focus their personnel on core business activities instead of building internal Security Operations Centers (SOCs). Over the next three years, investment in outsourced security through MDR services is expected to continue, providing relief to organizations facing the cybersecurity talent shortage.

Read the full report here.

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