Kyndryl, a leading provider of market insight and access for the global business technology community, has announced a significant expansion of its services to combat cyber attacks effectively. With new end-to-end security operations capabilities, Kyndryl aims to assist enterprise customers in detecting, responding to, and recovering from cyber threats.
The expansion will strengthen Kyndryl’s Security & Resiliency practice, which currently generates over $2 billion in annual revenue. By entering the managed cyber-security services market, projected to reach $47 billion by 2025, Kyndryl seeks to address the increasing frequency and severity of cyber attacks that disrupt businesses, tarnish reputations, and incur financial losses.
Traditional security operations centers are grappling with the escalating challenge of handling numerous tools that often fail to detect real threats amidst false positives. With a growing talent shortage, organizations struggle to optimize their security operations effectively. To address this problem, Kyndryl offers a differentiated set of services that emphasize flexibility, integrating capabilities from its expanding ecosystem of partners to empower customers in modernizing and fortifying their security operations.
Kyndryl’s modular Security Operations platform ensures centralized and unified management, allowing customers to retain their existing security technology and investments while bolstering their operations. The new services are delivered through global centers that validate data handling in specific locations, ensuring compliance with data processing regulations.
Kris Lovejoy, Global Practice Leader for Kyndryl’s Security & Resiliency practice, highlights the core principle of providing flexibility to cybersecurity teams in line with modern needs. Unlike rigid traditional security operations centers, Kyndryl’s platform centralizes existing investments and adopts a hybrid approach to adapt continuously to the evolving threat landscape.
Kyndryl’s expanded security services encompass Managed Detection and Response (MDR), Security Information and Event Management (SIEM), Endpoint Detection and Response (EDR), and Vulnerability Management. Customers can choose and swiftly deploy new capabilities based on their evolving business requirements.
Furthermore, Kyndryl has launched security operations centers in multiple countries, with plans for additional centers in India and Japan. This network offers customers robust support and protection against cyber threats. Organizations can choose to integrate their existing security teams with Kyndryl’s experts or outsource their end-to-end security operations to Kyndryl.
The company’s platform-driven approach, Security Operations as a platform, avoids the challenge of managing multiple disparate IT environments and security tools. It creates a centralized and unified management system, allowing organizations to retain their current security investments while augmenting their operations with new services. Native AI and Machine Learning (ML) capabilities detect and respond to emerging threats swiftly.
Kyndryl’s comprehensive Cyber Resiliency portfolio helps customers anticipate, protect against, withstand, and recover from adverse conditions and cyberattacks. Leveraging strategic partnerships with leading cloud hyperscalers and security partners, Kyndryl aims to enhance customers’ security visibility and resilience in their managed IT estates. According to IDC, existing customers could achieve a remarkable five-year return on investment of 568 percent through Kyndryl’s Security and Resiliency Services. The integration of the new security operations capabilities into Kyndryl Bridge is expected by March 2024, further enhancing customers’ security posture.
