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MSSP Secureworks Unveils Endpoint Behavioral Analytics Partner Program

Secureworks, a Top 100 MSSP for 2017 that offers intelligence-based cybersecurity services, now enables channel partners to deliver endpoint behavioral analytics capabilities via the Red Cloak Partner Program.

The Secureworks program allows channel partners to leverage Red Cloak telemetry and intelligence in conjunction with their existing offerings, according to a prepared statement. It also enables channel partners to use Red Cloak to conduct threat hunting searches and view threat actor activity across customer endpoints.

Those partners, in turn, can continue to leverage third-party endpoint protection software.

What Is Red Cloak?

Red Cloak is an advanced endpoint threat detection (AETD) service that provides unified endpoint data visibility and interpretation, Secureworks indicated.

SecureWorks has been a Top 100 MSSP

Organizations can use Red Cloak sensors to search for forensic evidence of malicious activity and collect information about what is happening on end user devices, Secureworks stated.

The sensors then send collected data to the Red Cloak Analytics system, where it is analyzed using intelligence from Secureworks’ Counter Threat Unit (CTU) researchers. Red Cloak next generates a security alert, along with a rating based on severity, confidence and threat event classification. Finally, Red Cloak escalates high-severity targeted events to Secureworks’ Senior Intrusion Analysts, who deconstruct the events and send threat remediation recommendations.

In addition, Red Cloak leverages Secureworks CTU threat intelligence to detect zero-day threats and other advanced malware, according to the company. Red Cloak also pinpoints exactly which endpoints are compromised to help an organization accelerate threat response and remediation.

How Did Secureworks Perform in 2QFY19?

Secureworks is growing, which is reflected in the company’s financial results for the second quarter of fiscal year 2019.

Notable Secureworks 2QFY19 financial results included:

  • Generally accepted accounting principles (GAAP) revenue of $128.8 million, up 11 percent year over year.
  • GAAP net loss of $9.8 million, compared to $10.3 million one year earlier.
  • Monthly recurring revenue of $36.2 million, which represented a 12 percent year-over-year increase.

Secureworks has projected total revenue of $130 million to $131 million on both a GAAP and non-GAAP basis in 3QFY19. Also, the company has predicted its total FY19 GAAP and non-GAAP revenue will fall between $518 million and $520 million.

What Does the Future Hold for Secureworks?

Next month’s Secureworks Access 2018 conference in Atlanta, Georgia could provide a glimpse into the future of Secureworks, too.

This three-day educational event will feature a keynote presentation from Secureworks Chief Technology Officer Jon Ramsay, hands-on lab sessions and workshops to teach attendees about Secureworks’ managed security and managed detection and response (MDR) services.

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