Rapid7 Managed Detection and Response Helps Enterprises Rapidly Identify and Mitigate the Impact of Threats
Rhea-AI Summary
Rapid7 (NASDAQ: RPD) has announced a collaboration with Comcast Business to support the new Comcast Business Managed Detection and Response (MDR) solution. This initiative leverages Rapid7’s security analytics and expertise to help enterprises of all sizes manage cyber threats. The MDR service combines technology and human expertise for threat hunting, monitoring, and incident response, allowing rapid threat identification and response without additional staffing. Rapid7's platform includes Next-Generation Antivirus (NGAV) and Ransomware Prevention, aimed at stopping malware and ransomware attacks early to minimize impact. Jeremiah Dewey, SVP at Rapid7, highlighted the combination of a 24/7 Security Operations Center and advanced SecOps technology in delivering superior threat detection and prevention.
Positive
- Collaboration with Comcast Business enhances market reach.
- MDR solution supports enterprises of all sizes, expanding customer base.
- Rapid7's platform includes NGAV and Ransomware Prevention, adding value.
- Combination of 24/7 Security Operations Center and advanced SecOps technology.
- Plans to expand partner ecosystem, indicating growth potential.
Negative
- No specific financial data provided.
- Potential high costs associated with maintaining a 24/7 Security Operations Center.
News Market Reaction – RPD
On the day this news was published, RPD gained 2.82%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
BOSTON, June 05, 2024 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD) today announced its collaboration with Comcast Business in support of the recently announced Comcast Business Managed Detection and Response (MDR) solution. The solution leverages Rapid7’s security analytics platform and expertise to help small, medium, and large enterprise customers better manage an ever-evolving and challenging cyber threat landscape.
Managed Detection and Response is a cybersecurity service that combines technology and human expertise to perform cyber threat hunting, monitoring, and incident response. One of the primary benefits of MDR is its ability to assist with rapidly identifying threats, detecting incidents, responding to and eliminating advanced threats early in the attack chain to keep organizations secure from endpoint to cloud without the need for additional staffing.
“The combination of a world-class 24/7 Security Operations Center and Rapid7's advanced SecOps technology platform and expertise will deliver superior threat detection and prevention to enterprises of all sizes," said Jeremiah Dewey, Senior Vice President, Managed Services & Product Delivery, Rapid7. "With this technology platform, we plan to expand our partner ecosystem.”
The Rapid7 MDR platform includes Next-Generation Antivirus (NGAV) and Ransomware Prevention, which stops malware and ransomware attacks at the earliest stages of the attack chain, minimizing impact to an alert, before it becomes an incident.
For more information about Rapid7, visit www.rapid7.com.
About Rapid7
Rapid7, Inc. (NASDAQ: RPD) is on a mission to create a safer digital world by making cybersecurity simpler and more accessible. We empower security professionals to manage a modern attack surface through our best-in-class technology, leading-edge research, and broad, strategic expertise. Rapid7’s comprehensive security solutions help more than 11,000 global customers unite cloud risk management with threat detection and response to reduce attack surfaces and eliminate threats with speed and precision. For more information, visit our website, check out our blog, or follow us on LinkedIn or X.
Rapid7 Media Relations
Kelly Crummey
Corporate Communications
press@rapid7.com
(617) 921-8089
Rapid7 Investor Contact
Elizabeth Chwalk
Sr. Director, Investor Relations
investors@rapid7.com
(617) 865-4277
