CyberMaxx, a tech-enabled cybersecurity services company announced that it has experienced significant growth in the first half of the year, led by the adoption of its next-generation Managed Detection and Response (MDR) solution MaxxMDR and its MaxxMDR bundles that were launched in May. Fast customer adoption of the new MDR bundles in the first half of 2023 validates the company’s unique solution for security teams that resulted from its recent acquisition.
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The MDR bundles strengthen detection capabilities with insights from offensive solutions and provides a uniform customer experience at a competitive investment level. CyberMaxx has experienced significant demand for the new offering with several customers expanding their investment within 60 days of the product launch.
“The use of proactive, offensive security testing has become a core strategy for uncovering vulnerable infrastructure”, said Dave Gruber, Principal Analyst at Enterprise Strategy Group. “However, many organizations only test periodically, creating windows of opportunity for attackers to get in between testing. While many managed detection and response service providers offer offensive testing service engagements, few offer continuous, ongoing testing. CyberMaxx operationalizes offensive testing as-a-service, helping to close this window of attack opportunity.”
CyberMaxx customer YMCA is one example of an organization who have embraced the MDR bundles to strengthen their cybersecurity infrastructure. “We have had a longstanding partnership with CyberMaxx and have chosen to expand the scope to include their offensive solutions. The trust we have with CyberMaxx is truly in line with our vision at YMCA to feel secure at every stage of life for both our community members and securing our organization,” said Tom Gardner, Senior Vice President, Chief Information Officer at YMCA. “We have relied on their defensive solutions for two years, and the ability to partner with the same trusted vendor for our offensive security needs keeps the same peace of mind in place so we can continue to focus on supporting our overall mission.”
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Combining offensive security services with defensive monitoring to inform and improve security posture gives security leaders a trusted partner to take more of the day-to-day burden off their analysts, allowing them to focus the critical projects for their business. Just six months into the CyberMaxx and CipherTechs acquisition, customers are realizing the value of the combined solutions.
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