OpenText next level Managed Detection and Response offerings recognized in the 2022 MITRE Engenuity ATT&CK Evaluations for Managed Services

Rhea-AI Summary

OpenText (NASDAQ: OTEX) has been recognized in the 2022 MITRE Engenuity ATT&CK Evaluations for Managed Services for its Managed Detection and Response (MDR) capabilities. The evaluation highlighted OpenText's achievement of zero false positives during the assessment and a 100% detection rate of attacker tactics. This demonstrates its effective security solutions, which help organizations mitigate security risks. OpenText's cloud-based Managing Extended Detection and Response (MxDR) services provide continuous threat monitoring and advanced threat hunting, supporting businesses in their cyber resilience efforts.

Positive

• Achieved zero false positives in the MITRE Engenuity ATT&CK Evaluation.
• Recorded a 100% detection rate of attacker tactics.
• High-quality security services recognized for quick incident detection.
• Strong performance in strategically important Discovery Tactic.

Negative

• None.

OpenText managed security service completely eliminates false positives and promotes cyber resilience

WATERLOO, ON, Nov. 9, 2022 /PRNewswire/ -- Today, OpenText^TM (NASDAQ: OTEX), (TSX: OTEX), a global leader in information management, announced its impressive results in the first of its kind, MITRE Engenuity ATT&CK® Evaluations for Managed Services including both Managed Detection and Response (MDR) and Managed Security Services Providers (MSSP). The evaluation was designed to provide transparent and impartial insights into how MDR and MSSPs capabilities perform and analyze adversary behavior. A key performance highlight from the evaluation showcased OpenText recording zero false positives in the interactive evaluation process.

The MITRE Engenuity ATT&CK^® Evaluations program brings together product and service providers with MITRE experts to collaborate in evaluating security solutions. The evaluations process applies a systematic methodology using a threat-informed purple teaming approach to capture critical context around a solution's ability to detect or protect against known adversary behavior as defined by the ATT&CK knowledge base.

MITRE Engenuity recognized the high quality of OpenText security services through quick detection of real incidents and recording of a 100 percent detection rate of attacker's tactics. Additionally, OpenText did not report any false positives, showcasing its ability to minimize noise to overwhelmed and understaffed security teams at organizations. OpenText performed very well in MITRE ATT&CK's strategically important Discovery Tactic. With today's unmanaged devices, segmented networks, and third-party identities connecting to cloud assets, malicious asset discovery is now the primary battlefield in a contested cloud space. Other evaluation participants included Crowdstrike, Cybereason, Microsoft, Palo Alto Networks, Rapid 7, Red Canary, Sentinel One, and more.

"OpenText security solutions continue to help businesses, government agencies and enterprises of all sizes achieve cyber resilience," said Sandy Ono, Executive Vice President and Chief Marketing Officer at OpenText. "With one of the broadest security portfolios available today, OpenText is proud that its MDR stands out as a service that comprehensively detects threats and helps scale the capabilities of our customers' resource-constrained security teams."

OpenText Managed Extended Detection and Response (MxDR) is a 100 percent remote, cloud-based virtual security operations center for rapid detection, response, and remediation of cyber threats. Using behavioral analytics aligned to the MITRE ATT&CK framework and its own threat research, OpenText MxDR provides 24x7x365 continuous real-time threat monitoring, early detection in the cyber skill chain, digital forensic investigations, advanced threat hunting by a team of threat hunters, incident response and remediation, a dedicated team with two-way communication. OpenText MxDR is available globally either directly or through the company's global network of security partners.

"Working with OpenText security services has enhanced my team's capabilities to detect cyber threats through their advanced threat hunting domain expertise," said Chris Mellen, Chief Information Security Officer at Ginkgo Bioworks. "Partnering with OpenText has not only helped reduce our organization's overall cyber risk profile but has also allowed my junior team members to gain valuable skills and knowledge from the subject matter experts on the OpenText team. It's truly been a 'one team' approach to ensuring we keep our information and operations in a trusted state."

OpenText offers a breadth of security solutions, including Risk & Compliance Advisory, Digital Forensics & Incident Response (DFIR) and Managed Security Services, including OpenText MxDR. Find out more about OpenText security services here.

About OpenText
OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com.

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Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies, and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Copyright © 2022 OpenText. All Rights Reserved. Trademarks owned by OpenText. One or more patents may cover this product(s). For more information, please visit https://www.opentext.com/patents.

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SOURCE Open Text Corporation

FAQ

What recognition did OpenText receive in November 2022?

OpenText was recognized in the 2022 MITRE Engenuity ATT&CK Evaluations for its Managed Detection and Response capabilities.

What were the key performance highlights for OpenText in the evaluation?

OpenText achieved zero false positives and a 100% detection rate of attacker tactics.

How does OpenText's Managed Extended Detection and Response service work?

It provides a cloud-based virtual security operations center for continuous monitoring, threat hunting, and incident response.

What is the significance of the MITRE ATT&CK framework for OpenText?

The framework helps OpenText align its threat detection and protection capabilities with known adversary behaviors.