ADT Expands Cybersecurity Business with Purchase of Datashield

  /     /     /  
Publicated : 22/11/2024   Category : security


ADT Expands Cybersecurity Business with Purchase of Datashield


Home and business security giant launches ADT Cybersecurity to offer managed detection and response (MDR) service.



Physical security firm ADT today announced its purchase of managed detection and response services company Datashield in a bid to expand its cybersecurity services business for large enterprises and mid-sized companies.
As part of the acquisition, ADT is launching the new ADT Cybersecurity group, which will house Datashields real-time forensic MDR service as well as ADTs existing network, router and firewall security services business, says Michael Malone, Datashield CEO and ADTs senior vice president of ADT Cybersecurity.
ADT also anticipates adding more cybersecurity offerings to its new group in the coming year, says Malone.
We can do 24/7 forensics and full-packet capture on the network, Malone says. The new MDR service takes an estimated 15 hours from the time of a compromise to discovery, he says, a process that has shrunk 24 hours and is substantially less than the industrys median time of 80 days.
Our assumption is attackers are going to get in, but if they do we will stop the attack before its a big breach, Malone says. With our technology, we see the entire network, and with full-packet capture we can see what they are trying to take.
Merging into One
The two companies initially met to discuss a potential ADT investment into Datashield back in the May-June timeframe, but those talks soon transitioned into a buyout offer after ADT became interested in MDR technology, Malone recalls.
Our goal is to provide ADT customers with the most comprehensive security solution to protect their business, and in todays world, this not only means their physical premise, but also their network, Timothy Whall, ADT CEO, said in a
statement
.
Gartner predicts that approximately 20% of mid-market and enterprise companies will use MDR services by 2020, up from 1% in 2016.
Malone predicts that Datashield competitors Dell SecureWorks, eSentire, and others may find themselves entertaining potential mergers, or some form of business relationship, with brick and mortar security companies in the future.
Our deal may raise a lot of eyebrows and get people thinking, Malone explains.
Related Content:
Enterprise Lessons From New ADT Home Security System
‘CyberUL’ Launched For IoT, Critical Infrastructure Device Security
CrowdStrike Expands Its Market-leading Managed Threat Hunting Service

Join Dark Reading LIVE for two days of practical cyber defense discussions. Learn from the industry’s most knowledgeable IT security experts. Check out the INsecurity
agenda here
.

Last News

▸ Scan suggests Heartbleed patches may not have been successful. ◂
Discovered: 23/12/2024
Category: security

▸ IoT Devices on Average Have 25 Vulnerabilities ◂
Discovered: 23/12/2024
Category: security

▸ DHS-funded SWAMP scans code for bugs. ◂
Discovered: 23/12/2024
Category: security


Cyber Security Categories
Google Dorks Database
Exploits Vulnerability
Exploit Shellcodes

CVE List
Tools/Apps
News/Aarticles

Phishing Database
Deepfake Detection
Trends/Statistics & Live Infos



Tags:
ADT Expands Cybersecurity Business with Purchase of Datashield