Kroll has been named an MDR Champion by Bloor Research in its Managed Detection and Response (MDR) 2023 Market Update report.
In this blog post, we provide a brief overview of the report and its perspective on changes in the MDR market.
We are proud to have been named as an MDR Champion by Bloor in its latest report. This isn’t the first time that Bloor has recognised us in this way, as it previously identified Redscan an MDR Champion in 2020. This year’s accolade follows another market analyst Forrester recognising Kroll as one of the largest “Notable Providers” in MDR in its new report, The Managed Detection and Response Landscape Q1 2023, which identified Kroll as the only provider in the MDR market noted for its capabilities to handle insider threats.
In its latest MDR market report, Bloor focuses on technology-agnostic providers most often cited by end users and vendors as leaders in the market. The report highlights a maturing market, with providers going beyond endpoint detection and response (EDR) to ingest a variety of telemetry, including cloud services and developing more robust incident response (IR). It is from this perspective that Bloor identified Kroll Responder MDR as a Champion amongst 12 leading providers.
“Kroll’s robustness of service, especially in the areas of incident response and preparedness, sets it apart from competitors. Powered with frontline threat intelligence and benefitting from many strategic partnerships, the technology-agnostic Kroll Responder is a strong offering in the managed detection and response market. By complementing this with some important acquisitions, Kroll has established itself as a major cybersecurity player.”
Fran Howarth, Practice Leader at Bloor Research
The maturing MDR market
In its first MDR market analysis, Bloor identified vendors offering services specifically for their own technology, contrasted with what they refer to as “pure-play” vendors, who offer services against a variety of technologies in an agnostic format. The report also highlighted that many managed security service providers were seeking to break into the MDR market. The latest report highlights five key developments in MDR since Bloor’s first MDR report. These are:
- Expanding telemetry
- A major focus on cloud services
- Expansion of identity management services
- More providers catering for the midmarket
- More focus on risk management
- Much greater emphasis on incident response
Understanding distinctions among MDR providers
The diversifying MDR market has led to confusion among buyers about the distinctions between MDR vendors. This is an issue addressed in our MDR buyer’s guide. In our guide, we explore how true MDR providers utilise a multi-disciplinary approach that is inherently flexible, scalable, efficient and effective for the long term. This underscores the findings in Bloor’s Market Update that technology-agnostic providers can more easily adjust and grow along with clients’ needs and the threat landscape.
Addressing the “R” in MDR
When acknowledging clients’ increased demand for incident response, Bloor’s 2023 MDR Market Update highlights that most providers are now increasing automation and expanding their playbook offerings. However, as Bloor also points out, human expertise is still vital. This means that buyers should look closely at the level of response the provider is able to deliver, alongside the provider’s level of in-house expertise.
How Kroll can help
Kroll Responder, our award-winning MDR service, provides the extensive capabilities your organisation needs to hunt for and eradicate threat actors across your on-premise, cloud and hybrid environments.
Functioning as an extension of your IT team, Kroll Responder combines world-class security expertise, leading network and endpoint detection technologies, and aggregated security intelligence to help hunt for threats and shut down breaches before they can damage and disrupt your business.