ADT continues to build out its portfolio of IT security services with the acquisition of Datashield, a Scottsdale, Ariz.-based company that will now operate under the brand ADT Cybersecurity. Founded in 2009, Datashield provides cybersecurity solutions in conjunction with managed detection and response (MDR) services across various industries, including healthcare, financial services, manufacturing, energy, legal and more. The company is said to be the leading provider of MDR services to the mid-market. Datashield CEO Michael Malone will stay onboard as senior vice president of ADT Cybersecurity, reporting directly to ADT CEO Tim Whall.
In a press release, ADT cites market research that shows the security gap is widening as advanced threats continue to bypass the first line of defense. Thus, many organizations are struggling to deploy, manage and use an effective combination of expertise and tools to detect advanced cyber threats. Mid-market and enterprise organizations are increasingly finding the need for managed and monitored cyber solutions to help detect and respond to cyberattacks, according to ADT. It is estimated that by 2020, approximately 20% of mid-market and enterprise organizations will deploy MDR services, up from less than 1% in 2016.
Datashield is the only MDR provider to offer full packet capture and inspection beyond headers and metadata behind the firewall, according to the press release. ADT commercial and national account customers that add cybersecurity services will also have access to SHIELDVision, a unified platform for organizing, managing and collecting cyber intelligence. The solution automates security analyst workflows to close the gap between cyberattack and breach detection time and remediation for customers.
