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Company: Secureworks
Nomination Submitted by: Guyer Group
Company Description: Secureworks (NASDAQ: SCWX) is a global cybersecurity leader that protects customer progress with Secureworks® Taegis™, a cloud-native security operations and analytics platform built on 20+ years of real-world threat intelligence and research, improving customers' ability to detect advanced threats, streamline and collaborate on investigations, and automate the right actions.
Nomination Category: New Product & Service Categories - Business Technology
Nomination Sub Category: Cloud Platform
 Nomination Title: Secureworks Taegis XDR
- Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the nominated new or new-version product or service, OR written answers to the questions for this category? (Choose one):
Written answers to the questions
- If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.
- If you are providing written answers for your submission, you must provide an answer to this first question: If this is a brand-new product, state the date on which it was released. If this is a new version of an existing product, state the date on which the update was released:
This is a new product and was launched February 2021
- If you are providing written answers for your submission, you must provide an answer to this second question: Describe the features, functions, and benefits of the nominated product or service (up to 350 words):
Total 350 words used.
Secureworks Taegis XDR (Extended Detection and Response) is a cloud-native SaaS solution that combines Secureworks’ 20+ years of security operations expertise and threat intelligence capabilities to detect and respond to attacks across cloud, endpoint and network environments. It helps SecOps teams bridge their cybersecurity skills gaps while reducing costs where security blind spots previously existed.
Taegis XDR combines advanced analytics and data modeling with unrivaled threat intelligence from Secureworks Counter Threat Unit (CTU), Secureworks Adversary Group (SWaG), and Incidence Response (IR) engagements to help detect both known and unknown threats. Secureworks CTU performs more than 1,400 incident-response and 2,500 adversarial testing engagements each year and monitors 246 threat groups globally.
Taegis continuously gathers and interprets telemetry from proprietary and 3rd party sources, including endpoints, networks, cloud and identity systems to detect and prevent threats, automatically prioritizing the most serious ones and enabling faster, more confident responses with time- and cost-saving automation.
The Taegis XDR Adversary Software Coverage (ASC) tool maps 500+ unique adversarial software types against the MITRE ATT&CK framework. The ASC tool is open to the public, fully interactive, and deeply granular in its coverage mappings of the actual techniques and sub-techniques utilized by the adversaries setting it apart from other security companies’ MITRE visibility tools.
Secureworks helps organizations focus on the most critical and strategic priorities and address vulnerabilities and threats quickly and effectively by:
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Reducing TTR (Time to Resolve) and delivering SOC productivity of $500k over 3 years while helping reduce an organization’s risk by 85% (Forrester MDR TEI Report).
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Automating 104 actions to accelerate investigations and contain security threats.
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Providing both SaaS for organizations with larger mature security teams and ManagedXDR for organizations that need more hands-on support.
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Providing immediate access to help via Ask an Expert chat.
Our platform has been battle-tested during global cyberattacks—including the Sunburst backdoor, Supernova malware, Microsoft Exchange zero-day and REvil and Ryuk ransomware—and continues to help Secureworks keep more than 2,500 global organizations secure.
- If you are providing written answers for your submission, you must provide an answer to this third question: Outline the market performance, critical reception, and customer satisfaction with the product or service to date. State monetary or unit sales figures to date, if possible, and how they compare to expectations or past performance. Provide links to laudatory product or service reviews. Include some customer testimonials, if applicable (up to 350 words):
Total 264 words used.
Taegis was introduced in February 2021. In just nine months, the company added more than 800 customers on the Taegis cloud-native security platform. In its recent Q3 FY22 earnings report, Secureworks reported its Taegis business grew to $123 million in annual recurring revenue, an increase of over 20% sequentially and 193% on a year-over-year basis.
Taegis XDR recently received Frost & Sullivan’s 2021 Global Customer Value Leadership Award for its ability to protect users' expanding attack surface. The award recognizes Secureworks’ ability to help customers detect more true positives, accelerate investigations and response, and maximize the ROI of existing security tools.
This award is testament to the value Taegis XDR provides customers. Here is what some of our Taegis XDR customers have to say directly:
“Taegis XDR combines security analytics with additional advanced tools previously unavailable to us. It’s picked up threats we wouldn’t have seen. Taegis XDR isn’t just the next generation of SIEM, it’s an evolution.” - David Levine, CISO, Ricoh Group
“We generate around 2 billion events each month. With Secureworks, we are able to crunch down that number to 20-30 high fidelity alerts — and that makes my team's job much easier.” - Sunil Saale, Head of Cyber and Information Security, Minter Ellison
"Secureworks Taegis alerted us to suspicious activity and gave us specific, actionable recommendations on the first night we went live. We had never been alerted so quickly and it was a critical first step in driving a stronger security posture for our team." - Dr. Faisal Jaffri, Global IT director, GKN Wheels and Structures
- You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):
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