Mimecast Joins XDR Alliance as a Founding Member to Drive Open Standards and a Stronger Cybersecurity Ecosystem

Rhea-AI Summary

Mimecast Limited (NASDAQ: MIME) has become a founding member of the XDR Alliance™ at BLACKHAT USA 2021. This partnership aims to create an open framework for extended detection and response (XDR) to enhance cybersecurity. The XDR Alliance is focused on fostering collaboration among cybersecurity innovators to improve threat detection and response capabilities for organizations. The initiative includes participation from various key players in the cybersecurity space, promoting a more integrated and effective security operations environment.

Positive

• Mimecast joins the XDR Alliance, enhancing its position in the cybersecurity industry.
• The XDR Alliance aims to improve interoperability across security technologies, potentially benefiting Mimecast's offerings.

Negative

• None.

Alliance to help organizations everywhere build state of the art Security Operations Center’s to defeat cyber threats

LEXINGTON, Mass., Aug. 03, 2021 (GLOBE NEWSWIRE) -- BLACKHAT USA 2021 - Mimecast Limited (NASDAQ: MIME), a leading email security and cyber resilience company, today announced it has joined Exabeam’s XDR Alliance™ as a founding member. The alliance is a partnership of leading cybersecurity industry innovators committed to an inclusive and collaborative extended detection and response (XDR) framework and architecture. The goal of the XDR Alliance is to foster an open approach to XDR which is essential to enable organizations everywhere to protect themselves against the growing number of cyberattacks, breaches, and intrusions.   

“We are thrilled to be a founding member and inaugural email security partner in the XDR Alliance,” said Jules Martin, vice president ecosystem & alliances at Mimecast. “We see collaboration in security being essential in keeping our customers safe, and leveraging the members’ interconnected, best in class cybersecurity solutions, which allows joint customers to benefit greatly.”

Collaboration is at the core of Mimecast’s industry leading cyber resilience ecosystem, which includes Exabeam plus 60 other partners, and supports the open framework that are engineered to underpin threat sharing, control points and remediation capabilities which are fundamental to the modern enterprise. The integration among the XDR members is designed to allow organizations to gain greater insights into their threat landscape, reduce complexity, minimize risk and improve threat detection and response times.

“History will look back and declare how well the cybersecurity industry succeeded in putting collaboration above competition to help protect our organizations and institutions,” said Gorka Sadowski, chief strategy officer, Exabeam and founder of the XDR Alliance. "We are at an inflection point with an extremely fragmented industry that requires all of us in the vendor community to come together to strengthen organizations’ SOCs. The XDR Alliance brings together the most forward-thinking names in cybersecurity to collaborate on building an XDR framework that is open and will make it easier for security operations (SecOps) teams to protect and secure their organizations.”

The charter of the XDR Alliance is to define an inclusive and open XDR framework and architecture that enables SecOps teams to improve their SOC and their threat detection, investigation, and response (TDIR) by better integrating their current, evolving, and new tools and applications. The open framework will help ensure better interoperability across XDR security technologies resulting in shorter time to value and greater ease of use for security teams. The alliance will also foster collaboration on XDR market education and awareness.

The XDR Alliance has developed a three-tier model that focuses on the core components of the XDR technology stack, which can be broken down into three tiers:

• Data sources / Control points – This refers to the security tooling that generates telemetry, logs and alerts, and that act as control points for response.
• XDR Engine – This tier is the engine that ingests all the collected data and performs broad threat detection, investigation, and response (TDIR) for SOC operations.
• Content – This tier includes the pre-packaged content and workflows that allow security organizations to deliver on required use cases with maximum efficiency and automation.
  

XDR Alliance members represent the subcategories of SecOps including security analytics, security information and event management (SIEM), data lake, endpoint, identity management, email security and archive, cloud, network, OT/IoT as well as managed security service providers (MSSPs), Managed Detection and Response Services (MDRs) and Systems Integrators (SIs).

The founding members of the XDR Alliance encourage security vendors to participate in the alliance for the continuous improvement of threat detection, investigation, and response (TDIR) outcomes. If your organization would like to apply, please visit the XDR Alliance member application page.

About XDR Alliance
The XDR Alliance™ is a partnership between best-in-class cybersecurity vendors, service providers and other security operations (SecOps) stakeholders. The mission of the alliance is to work in collaboration to make an open approach to XDR a reality for SecOps teams and help them effectively protect their organizations from adversarial behavior. Learn more at www.xdralliance.com.

Mimecast: Relentless protection. Resilient world.™

Mimecast (NASDAQ: MIME) was born in 2003 with a focus on delivering relentless protection. Each day, we take on cyber disruption for our tens of thousands of customers around the globe; always putting them first, and never giving up on tackling their biggest security challenges together. We are the company that built an intentional and scalable design ideology that solves the number one cyberattack vector – email. We continuously invest to thoughtfully integrate brand protection, security awareness training, web security, compliance and other essential capabilities. Mimecast is here to help protect large and small organizations from malicious activity, human error and technology failure; and to lead the movement toward building a more resilient world. Learn more about us at www.mimecast.com.     

Contact:
Mimecast Social Media Resources
LinkedIn: Mimecast
Facebook: Mimecast
Twitter: @Mimecast
Blog: Cyber Resilience Insights

Press Contacts
Tim Hamilton
Press@Mimecast.com
603-918-6757

Allyson Stinchfield
XDR Alliance/Exabeam
415-515-9186
ally@exabeam.com

Investor Contact
Robert Sanders
investors@Mimecast.com
617-393-7074

FAQ

What is Mimecast's role in the XDR Alliance?

Mimecast is a founding member and inaugural email security partner in the XDR Alliance, focusing on enhancing threat detection and response.

What is the goal of the XDR Alliance?

The XDR Alliance aims to create an open framework for extended detection and response (XDR) to improve cybersecurity for organizations.

How does the XDR Alliance plan to improve cybersecurity?

By promoting collaboration among cybersecurity vendors and enhancing interoperability across security technologies.

When was Mimecast announced as a member of the XDR Alliance?

Mimecast's membership in the XDR Alliance was announced on August 3, 2021, during BLACKHAT USA 2021.