BlackBerry Introduces CylanceMDR Pro: Expansive Platform Ecosystem Powered by AI
BlackBerry (NYSE: BB; TSX: BB) has launched CylanceMDR Pro, an advanced managed detection and response service built on an Open XDR platform powered by AI. This solution addresses the challenges faced by security teams dealing with sophisticated cyber threats and resources. CylanceMDR Pro integrates seamlessly with existing security tools, offering comprehensive visibility across IT infrastructure without the need for replacement.
Key features include:
- Over 300 platform integrations
- AI-driven approach for enhanced threat detection
- Compatibility with existing security tooling
- Unified threat detection across endpoints, networks, cloud, and more
The service will be available from July 31, 2024, aiming to provide businesses with improved cybersecurity posture and peace of mind.
- Launch of CylanceMDR Pro, an AI-powered managed detection and response service
- Seamless integration with existing security tools, reducing total cost of ownership
- Over 300 platform integrations for comprehensive threat detection
- AI-driven approach for enhanced threat detection and prevention
- Unified threat detection across multiple attack surfaces
- None.
Insights
CylanceMDR Pro introduces a comprehensive managed detection and response (MDR) service, which stands out due to its Open XDR platform powered by AI. This new offering addresses several critical pain points in the cybersecurity landscape, such as the shortage of skilled professionals and the need for seamless integration with existing security infrastructure. By leveraging AI-driven insights and over 300 platform integrations, CylanceMDR Pro maximizes the utility of current security investments, thus lowering the total cost of ownership.
What makes this significant is the ability to transform existing business data and applications into effective security sensors. This ensures deep visibility across various attack surfaces such as endpoints, networks, cloud environments and more. Given the increasing sophistication of cyber attacks, having a unified platform that can discern attack signals from noise is invaluable for organizations of all sizes.
The continuous improvement of Cylance AI, which has consistently outperformed other leading AIs in third-party testing, adds a layer of credibility and assurance to this offering. The proactive nature of this AI—prioritizing and presenting structured cases for faster human-led investigation and response—makes it an essential tool for modern cybersecurity challenges.
For a retail investor, the introduction of CylanceMDR Pro indicates BlackBerry's ongoing commitment to innovation in cybersecurity. It positions the company favorably within the industry, offering a potentially lucrative avenue for revenue growth, particularly as businesses increasingly prioritize cybersecurity solutions.
From a financial perspective, the launch of CylanceMDR Pro could positively impact BlackBerry's revenue streams. By providing a solution that integrates seamlessly with existing security frameworks, BlackBerry is tapping into a market need for cost-effective yet robust cybersecurity measures. Given that many organizations struggle with limited resources and the high cost of overhauling IT security systems, this product could see widespread adoption.
The key financial takeaway here is the potential for recurring revenue from businesses subscribing to BlackBerry's managed detection and response services. The reduction in total cost of ownership is another selling point that could attract budget-conscious enterprises. Additionally, the product's launch timing aligns with growing cybersecurity concerns, which could further drive demand.
For investors, the launch could signify a prudent investment in a growing sector. However, they should remain cautious and watch how the market responds post-launch. While the prospects appear promising, real-world adoption and customer satisfaction will be important metrics to monitor.
Unified approach to predictive cyber-defense with simple pricing, increases visibility and boosts security posture, without changing existing software stack
CylanceMDR Pro is the ideal solution for growing businesses looking to quickly advance their cybersecurity capabilities without overhauling their existing security infrastructure or hiring teams of analysts and threat hunters. CylanceMDR Pro's comprehensive XDR architecture integrates seamlessly with existing security tools, providing deep visibility across the entire IT infrastructure without the need to rip and replace any existing tooling. With over 300 platform integrations, the solution transforms business data and applications into powerful security sensors, enabling the detection and prevention of threats that other solutions might miss.
"Despite organizations making significant investments in personnel and technology, many haven't seen a commensurate improvement in their risk envelope. CylanceMDR Pro is a game-changer for organizations seeking confidence in their cybersecurity posture," said Nathan Jenniges, Senior Vice President and General Manager, BlackBerry Cybersecurity. "It is a single platform solution, that is easy to deploy, ensuring that threat detection data is unified across endpoints, networks, cloud environments and beyond."
"Across the industry, BlackBerry has observed close to a
Expansive ecosystem with AI at its core
CylanceMDR Pro is compatible with all the security tooling a company already has, so they can easily use existing investments. This reduces the total cost of ownership by maximizing their current investments and budget. CylanceMDR Pro pulls telemetry across all attack surfaces, including endpoint, network, cloud, SaaS, identity, and email, to more accurately discern attack signals from noise with higher fidelity detections and rapid response to threats. CylanceMDR Pro is powered by Cylance® AI, the longest-running and continuously improving predictive AI in the market. It has consistently outperformed other leading AIs in 3rd party testing. Cylance AI is informed with proprietary intelligence and used pervasively to analyze telemetry for attack signals, prioritize and present structured cases for faster human-led investigation and response, and proactively stop attacks before damage can occur.
"The cybersecurity landscape is complicated. Being able to quickly onboard and use what is already in place is a huge boon for any organization – SMB to Enterprise -- that needs to solve Its security problems fast. It's hard to incorporate multiple offerings, but BlackBerry can make it simple with CylanceMDR Pro," said Craig Robinson, Research Vice President of Security Services, IDC.
CylanceMDR Pro will be available July 31, 2024. To learn more please go to www.blackberry.com/cylancemdrpro
About BlackBerry
BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments worldwide. The company's software powers over 235M vehicles on the road today. Based in
For more information, visit BlackBerry.com and follow @BlackBerry.
Trademarks, including but not limited to BLACKBERRY and EMBLEM Design, are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.
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SOURCE BlackBerry Limited
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