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Binary Defense Recognized in Managed Detection and Response Market Reports

March 30, 2023

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Ryan Platten

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This marks the fifth time in a row that Binary Defense’s industry-leading MDR solution has been recognized by Gartner®.  

Cleveland, OH – Binary Defense, the leading Managed Detection and Response (“MDR”) and enterprise defense provider, has been recognized in two prominent analyst reports for the MDR market. 

For the fifth time in a row, Binary Defense has been named a Representative Vendor in the 2022 Gartner Market Guide for Managed Detection and Response Services report (available to Gartner subscribers). The company was also recognized among Notable Vendors in Forrester’s report, The Managed Detection and Response Landscape, Q1 2023. 

“We are honored to be recognized by two of the world’s leading analyst firms,” said Bob Meindl, CEO of Binary Defense. “Binary Defense is committed to providing the highest level of service to our customers. As the MDR market becomes increasingly crowded, we offer our customers many unique advantages, including our Open XDR strategy, highly trained and experienced SOC team, and robust counterintelligence and threat hunting operations. We closely align with customers to develop customized solutions to fit their specific security needs and we deliver the industry’s most advanced early-stage detection and response solutions.” 

According to the Gartner report, “By 2025, 60% of organizations will be actively using remote threat disruption and containment capabilities delivered directly by MDR providers, up from 30% today.” 

Binary Defense’s superior threat detection capabilities have been noted by other national research firms, and the company was previously recognized as a “Leader” in The Forrester Wave™: Managed Detection & Response, Q1 2021, where it received the highest scores possible in the criteria of Managed Detection, Product Vision, Vision and Milestones, MITRE ATT&CK framework mapping and use, Threat Intelligence and Threat Hunting. 

Unlike most providers, which think like defenders, Binary Defense uses the attacker’s perspective to guide its security strategy, providing customers with cutting-edge early detection capabilities. The company’s SOC analysts, threat hunters and counterintelligence teams are comprised of experienced cybersecurity leaders, including former military and intelligence agency security professionals with over 100 years of combined cybersecurity experience.  

Recently named for the fourth year in a row to the Inc. 5000 list of fastest-growing private companies in the U.S., Binary Defense has seen substantial market success with its proprietary MDR solution. 

For more information about Binary Defense’s MDR solution, visit https://www.binarydefense.com/cybersecurity-solutions/managed-detection-and-response/.  

Source: Gartner, “Market Guide for Managed Detection and Response Service,” Pete Shoard, Al Price, Mitchell Schneider, Craig Lawson, Andrew Davies, February 14, 2023. 

Gartner Disclaimer: GARTNER is registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. 

ABOUT BINARY DEFENSE 

Binary Defense is a Managed Detection and Response service provider and software developer with a Managed Open XDR model covering endpoint, network, cloud, and other log sources to supply high-fidelity threat detections. When paired with its advanced Threat Hunting, Counterintelligence, Digital Risk Protection, and Incident Response services, the company offers a comprehensive enterprise defense portfolio. Binary Defense demonstrates conclusive proof of superior capabilities in detecting intruder activity and this rapid detection combined with expert analysis and response decreases cyber risk for businesses. Learn more at https://www.binarydefense.com/.  

About Binary Defense

Binary Defense is a trusted leader in security operations, supporting companies of all sizes to proactively monitor, detect and respond to cyberattacks. The company offers a personalized Open XDR approach to Managed Detection and Response, advanced Threat Hunting, Digital Risk Protection, Phishing Response, and Incident Response services, helping customers mature their security program efficiently and effectively based on their unique risks and business needs.

With a world-class 24/7 SOC, deep domain expertise in cyber, and sophisticated technology, hundreds of companies across every industry have entrusted Binary Defense to protect their business. Binary Defense gives companies actionable insights within minutes not hours, the confidence in their program to be resilient to ever-changing threats, and the time back that matters most to their business. Binary Defense is also the Trusted Cybersecurity Partner of the Cleveland Browns and partners with PGA TOUR players. For more information, visit our website, check out our blog, or follow us on LinkedIn.