MDR Pact: Accounting Firm Wipfli, Paladion Partner
Wipfli provides Paladion’s MDR service to global organizations that want to implement a cybersecurity program, the companies said. By doing so, Wipfli helps these organizations reduce their incident response time.
Paladion’s MDR service leverages artificial intelligence (AI) and machine learning to protect organizations against cyber threats, the company noted. It offers the following security capabilities:
- Auto Containment: Uses machine learning to help organizations respond to cyber threats and contain cyberattacks.
- Incident Analysis: Provides insights into cyber threats and their impact.
- Response Orchestration: Addresses cyberattacks and helps organizations improve their security posture.
- Security Monitoring: Identifies known cyber threats in real-time.
- Threat Anticipation: Leverages global threat intelligence to detect and address security gaps.
- Threat Hunting: Uses both machine learning and insights from cybersecurity experts to identify cyber threats.
Paladion’s MDR service also provides breach management to help organizations secure their sensitive data and limit the risk of data breaches.
What Does the Wipfli-Paladion Partnership Mean for Both Companies?
Wipfli has expanded its offerings with the addition of Paladion’s MDR service to its portfolio. The company can provide global organizations with MDR, as well as safeguard these organizations against evolving cyber threats.
Paladion provides cybersecurity, managed security and MDR services to more than 700 customers. Meanwhile, the Wipfli partnership helps Paladion further extend its MDR market reach.
Global MDR market revenues are projected to increase at a compound annual growth rate (CAGR) of 31.6 percent between 2017 and 2022, industry analyst Reportlinker stated. These revenues also could total nearly $1.7 billion by 2022.