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Rapid7 Named a Visionary in the Gartner Magic Quadrant for Security Information and Event Management

GlobeNewswire

Rapid7 positioned highest among Visionaries for ability to execute

BOSTON, Dec. 06, 2017 (GLOBE NEWSWIRE) -- Rapid7 (RPD), a leading provider of analytics solutions for security and IT operations, today announced it has been named a Visionary in Gartner`s 2017 Magic Quadrant for Security Information and Event Management. Among the vendors included in the Visionaries quadrant, Rapid7 is positioned the highest for its ability to execute.

"The SIEM market is mature and very competitive. We are in a broad adoption phase, in which multiple vendors can meet the basic requirements of a typical customer. The greatest area of unmet need is effective detection of targeted attacks and breaches. Organizations are failing at early breach detection, with more than 80% of breaches undetected by the breached organization. The situation can be improved with threat intelligence, behavior profiling and effective analytics," wrote Gartner report authors Kelly M. Kavanagh, Principal Research Analyst, Toby Bussa, Research Director.

Rapid7`s primary SIEM solution, InsightIDR, is delivered through the Rapid7 Insight platform and provides log collection and management, threat detection rules and correlations, advanced analytics, user behavior analytics, machine learning, dashboards, case management, and workflow and reporting. The Rapid7 Insight platform brings analytics to an array of IT challenges-without the burden of managing hardware or deciphering new data formats.

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"SIEM vendors continue to increase their native support for behavior analysis capabilities as well as integrations with third-party technologies, and Gartner customers are increasingly expressing interest in developing use cases based on behavior," the report continued.

Sign up for a free trial of InsightIDR: https://www.rapid7.com/products/insightidr/try/

"Five years ago, we made a bet that advanced analytics, user monitoring, and machine learning would be critical to effectively responding to modern cyber attacks. We believe this recognition by Gartner is confirmation of that vision," said Corey Thomas, President and CEO of Rapid7.

To view a complimentary copy of the full report, visit: www.rapid7.com/info/gartner-2017-magic-quadrant-critical-capabilities-siem

"We are now focusing on solving automation and orchestration challenges for security and IT, most recently with the acquisition of Komand and integration throughout our SIEM offering. We expect this acquisition to further enhance our market position by helping customers to reduce time to resolution when an incident occurs, maximize resources, and overcome ecosystem complexity," said Thomas.

In addition to its SIEM capabilities, the Rapid7 Insight platform delivers:

Source: Gartner, "Magic Quadrant for Security Information and Event Management," Kelly M. Kavanagh, Toby Bussa, 4 December 2017.

Gartner Disclaimer
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner`s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Rapid7
Rapid7 (RPD) is trusted by IT and security professionals around the world to manage risk, simplify modern IT complexity, and drive innovation. Rapid7 analytics transform today`s vast amounts of security and IT data into the answers needed to securely develop and operate sophisticated IT networks and applications. Rapid7 research, technology, and services drive vulnerability management, penetration testing, application security, incident detection and response, and log management for more than 6,700 organizations across more than 120 countries, including 39% of the Fortune 1000. To learn more about Rapid7 or join our threat research, visit www.rapid7.com.

Press contact:
Rachel E. Adam
Rapid7, Senior PR Manager
press@rapid7.com
(857) 990-4136

Investors:
Jeff Bray, CFA
Rapid7, Vice President, Investor Relations
investors@rapid7.com
(857) 990-4074



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Rapid7 via GlobeNewswire
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