STOCK TITAN

CrowdStrike Named a Leader in Managed Detection and Response

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Negative)
Tags
Rhea-AI Summary

CrowdStrike (Nasdaq: CRWD) has been named a Leader in Forrester's Q1 2021 Managed Detection and Response report. The report highlights CrowdStrike's strong financial performance, user-friendly interface, and superior threat hunting capabilities. It received top scores in 11 out of 19 criteria, including Time-to-Value and Threat Intelligence. This recognition underscores the effectiveness of the CrowdStrike Falcon Platform in providing robust cybersecurity solutions, particularly amid a growing threat landscape.

Positive
  • Named a Leader in Forrester's Managed Detection and Response report, indicating strong market positioning.
  • Achieved highest scores in 11 of 19 evaluation criteria, suggesting superior service offerings.
  • Highlights exceptional threat intelligence and threat hunting capabilities.
  • Recognized for quick response times to security incidents, enhancing client satisfaction.
Negative
  • None.

CrowdStrike® Inc. (Nasdaq: CRWD), a leader in cloud-delivered endpoint and workload protection, today announced that Forrester Research, Inc. named CrowdStrike a Leader in The Forrester Wave™: Managed Detection And Response (MDR), Q1 2021 report[1].

According to Forrester[1], “CrowdStrike’s financial performance and excellent attach rates of services to endpoint sales already make competitors jealous, but its clean, easy-to-navigate user interface should also cause them envy. CrowdStrike capitalizes on threat intelligence it gathers via incident response and the Falcon endpoint platform, embedding the organic threat intelligence captured from those sources throughout its approach to MDR service delivery and providing substantial value to clients.”

As the Forrester report states[1], “CrowdStrike’s threat hunting capabilities also stand out, with hypothesis-driven, behavioral, analytic, and adversary-based threat hunts happening on a consistent basis. These are tailored and customized to clients’ environments as needed. CrowdStrike client references highlight the speed with which the vendor responds to both detected security incidents and to support issues in general and the process-driven nature of investigations as major strengths.”

“This recognition from Forrester cements CrowdStrike’s position as a leader in the managed detection and response market,” said Shawn Henry, chief security officer and president of CrowdStrike Services at CrowdStrike. “In the past year, we’ve seen organizations challenged by the increasingly complex and rapidly changing tactics of savvy cyber adversaries, as they have dealt with expanding remote workforces and a growing threat landscape. Our continued recognition as a leader in Forrester Wave reports reaffirms our belief that coupling exceptional services with the CrowdStrike Falcon Platform is key to helping companies detect threats and ultimately stop breaches.”

The Forrester Wave™: Managed Detection And Response, Q1 2021 report identified the most significant managed detection and response providers to evaluate strengths and weaknesses based on 19 criteria grouped into three high-level segments: Current Offering, Strategy and Market Presence. CrowdStrike had among the highest scores in the Strategy as well as Market Presence categories.

In Forrester’s evaluation, CrowdStrike received the highest score possible in the following 11 of the 19 criteria:

  • Current Offering: Time-to-Value, Threat Hunting, Threat Intelligence, User Interface, MITRE ATT&CK Framework Mapping and Use, Managed Detection
  • Strategy: Performance, Product Vision, Vision and Milestones
  • Market Presence: Product Revenue, Enterprise Clients

Forrester’s report notes CrowdStrike’s “superlative incident response pedigree”, elite threat hunting and threat intelligence capabilities.

CrowdStrike is also named a Leader across these reports: The Forrester Wave™: External Threat Intelligence Services, Q1 2021 report; The Forrester Wave™: Enterprise Detection And Response, Q1 2020; and The Forrester Wave™: Endpoint Security Suites (ESS), Q3 2019.

CrowdStrike’s leading MDR solution, Falcon Complete™, combines endpoint protection technology, actionable intelligence and skilled expertise to deliver comprehensive security and reduce risk. Leveraging the CrowdStrike Falcon® platform, Falcon Complete delivers around-the-clock expertise, including managed hunting to uncover even the most sophisticated threats, while simplifying SOC operations and day-to-day security management. A key component to CrowdStrike’s MDR approach is its industry-leading threat hunting team, CrowdStrike Falcon Overwatch™. CrowdStrike is one of the few vendors offering a warranty to Falcon Complete customers that will cover up to $1 million in breach response.

For more information about The Forrester Wave™: Managed Detection and Response, Q1 2021 report, visit here.

Read a blog about this industry recognition here.

[1] The Forrester Wave™: Managed Detection And Response, Q1 2021 report, Forrester Research, Inc., March 24, 2021

About CrowdStrike

CrowdStrike, a global cybersecurity leader, is redefining security for the cloud era with an endpoint and workload protection platform built from the ground up to stop breaches. The CrowdStrike Falcon® platform’s single lightweight-agent architecture leverages cloud-scale artificial intelligence (AI) and offers real-time protection and visibility across the enterprise, preventing attacks on endpoints and workloads on or off the network. Powered by the proprietary CrowdStrike Threat Graph®, CrowdStrike Falcon correlates 5 trillion endpoint-related events per week in real time from across the globe, fueling one of the world’s most advanced data platforms for security.

With CrowdStrike, customers benefit from better protection, better performance and immediate time-to-value delivered by the cloud-native Falcon platform.

There’s only one thing to remember about CrowdStrike: We stop breaches.

Qualifying organizations can gain full access to Falcon Prevent™ by starting a { "@context": "https://schema.org", "@type": "FAQPage", "name": "CrowdStrike Named a Leader in Managed Detection and Response FAQs", "mainEntity": [ { "@type": "Question", "name": "What did Forrester say about CrowdStrike in its Q1 2021 report?", "acceptedAnswer": { "@type": "Answer", "text": "Forrester named CrowdStrike a Leader in its Q1 2021 Managed Detection and Response report, praising its financial performance, user interface, and threat hunting capabilities." } }, { "@type": "Question", "name": "What criteria did CrowdStrike excel in according to Forrester's evaluation?", "acceptedAnswer": { "@type": "Answer", "text": "CrowdStrike excelled in 11 out of 19 criteria, including Time-to-Value, Threat Intelligence, and User Interface." } }, { "@type": "Question", "name": "How does CrowdStrike's Falcon Complete contribute to cybersecurity?", "acceptedAnswer": { "@type": "Answer", "text": "Falcon Complete combines endpoint protection technology with threat intelligence and expertise to deliver comprehensive security and reduce risk for clients." } }, { "@type": "Question", "name": "What is the significance of CrowdStrike being recognized as a leader?", "acceptedAnswer": { "@type": "Answer", "text": "Being recognized as a leader solidifies CrowdStrike's position in the cybersecurity market and affirms its effectiveness in combating sophisticated cyber threats." } } ] }

FAQ

What did Forrester say about CrowdStrike in its Q1 2021 report?

Forrester named CrowdStrike a Leader in its Q1 2021 Managed Detection and Response report, praising its financial performance, user interface, and threat hunting capabilities.

What criteria did CrowdStrike excel in according to Forrester's evaluation?

CrowdStrike excelled in 11 out of 19 criteria, including Time-to-Value, Threat Intelligence, and User Interface.

How does CrowdStrike's Falcon Complete contribute to cybersecurity?

Falcon Complete combines endpoint protection technology with threat intelligence and expertise to deliver comprehensive security and reduce risk for clients.

What is the significance of CrowdStrike being recognized as a leader?

Being recognized as a leader solidifies CrowdStrike's position in the cybersecurity market and affirms its effectiveness in combating sophisticated cyber threats.

CrowdStrike Holdings, Inc.

NASDAQ:CRWD

CRWD Rankings

CRWD Latest News

CRWD Stock Data

90.10B
242.34M
1.04%
75.68%
3.4%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
AUSTIN