Arctic Wolf

https://arcticwolf.com/

Arctic Wolf is a privately-held cybersecurity company specializing in security operations delivered as a concierge service. Their mission is to "end cyber risk" by reducing the frequency and impact of security incidents, making their customers less attractive targets. They have a strong market reputation, being recognized as a leader in Managed Detection and Response (MDR) and Extended Detection and Response (XDR) and appearing on the Forbes Cloud 100 list for three consecutive years. They aim to provide enterprise-grade security to organizations, particularly small and medium-sized businesses (SMBs), that lack the resources and expertise to manage their own security infrastructure.

Offerings, Integrations, and Capabilities

Arctic Wolf offers a comprehensive security operations platform with a wide range of capabilities:

  • Broad Visibility: Integrates with existing technology stacks, including networks, endpoints, and cloud environments, to provide comprehensive visibility across the entire IT infrastructure.
  • 24/7 Monitoring: A dedicated Security Operations Center (SOC), staffed by experienced security engineers, provides round-the-clock threat monitoring and real-time response.
  • Managed Investigations: Security experts handle alert analysis and validation, prioritizing genuine threats and reducing alert fatigue.
  • Incident Response: Rapid incident response capabilities to contain and mitigate threats, minimizing potential damage.
  • Automated Threat Protection, Response, and Remediation: Automates key security processes to streamline operations and accelerate response times.
  • Concierge Security Team: Provides personalized support and guidance, acting as an extension of the client's IT team.
  • Open XDR Architecture: Facilitates the ingestion and analysis of massive amounts of security data from diverse sources.
  • AI-powered Threat Detection: Leverages machine learning and behavioral analysis to identify sophisticated threats.
  • Security Awareness Training: Educates employees on security best practices and helps to improve security hygiene.

Arctic Wolf integrates with various Security Service Edge (SSE) solutions, including Cato Networks, Netskope, and Zscaler, to enhance security for hybrid work environments. They also integrate with Cisco Meraki and Cisco Umbrella for enhanced network security. Their platform ingests and analyzes trillions of security events weekly, using machine learning and custom detection rules to provide personalized protection.

Products and Services

Arctic Wolf's flagship product is the Arctic Wolf Security Operations Platform, also known as the Arctic Wolf Aurora Platform. This platform is built on an open XDR architecture and uses AI-powered machine learning to collect, enrich, and analyze security data at scale. Key products and services accessible through the platform include:

  • Managed Detection and Response (MDR): Provides 24/7 threat monitoring, detection, and response across networks, endpoints, and cloud environments.
  • Managed Risk: Helps organizations identify and mitigate security vulnerabilities and improve their overall security posture.
  • Cloud Detection and Response (CDR): Specifically targets threats to cloud ecosystems, offering similar detection, response, and recovery services as MDR.
  • Managed Security Awareness: Trains employees to recognize and avoid security threats through engaging micro-learning sessions and other interactive content.
  • Incident Response: Provides expert support to help organizations respond to and recover from security incidents.
  • Concierge Security Team: Dedicated security experts who act as an extension of the client's IT team, providing personalized guidance and support.
  • Security Operations Cloud: A cloud-based platform that delivers 24/7 monitoring, detection, response, and ongoing risk management.
  • Cyber JumpStart Portal: A free resource that helps businesses evaluate and strengthen their cybersecurity stance.
  • Security Operations Warranty: Offers up to $1 million in financial assistance for covered cybersecurity incidents for customers using MDR and other core products.

Arctic Wolf recently launched an enhanced Cyber JumpStart Portal and a Cyber Resilience Assessment. They also introduced Active Response for Identity within the Taegis platform, enabling immediate action against identity-based threats.

Target Customers and Benefits

Arctic Wolf primarily targets small and mid-sized businesses (SMBs) that lack the resources and expertise to build and maintain their own in-house security operations centers (SOCs). They also serve larger enterprises looking to augment their existing security teams.

Benefits for target customers:

  • Reduced cyber risk: Proactive threat detection and response minimizes the likelihood and impact of security incidents.
  • Cost savings: Outsourcing security operations can be more cost-effective than building and staffing an in-house SOC.
  • 24/7 coverage: The Concierge Security Team provides continuous monitoring and support around the clock.
  • Improved security posture: Ongoing risk management and vulnerability assessments help strengthen defenses over time.
  • Access to expertise: Clients gain access to a team of highly skilled security professionals.
  • Simplified security management: Arctic Wolf's platform integrates with existing tools, streamlining security operations.
  • Enhanced resilience: Proactive security measures and incident response services improve the organization's ability to withstand and recover from attacks.
  • Improved insurability: A strong security posture can positively impact cyber insurance premiums and coverage.

Cloud Integrations and Marketplaces

Arctic Wolf integrates with several cloud platforms and has a presence on various cloud marketplaces:

  • AWS Marketplace: Offers Arctic Wolf's Managed Detection and Response (MDR) solution.
  • Cisco Meraki Marketplace: Provides integration with Cisco Meraki network security appliances.
  • Microsoft Azure Marketplace: Offers Arctic Wolf's Managed Detection and Response (MDR) solution.
  • Digital Marketplace (UK Government): Lists Arctic Wolf Managed Security Operations, provided through a reseller.

Key People:

  • Brian NeSmith: Co-founder and Executive Chairman
  • Nick Schneider: President and CEO
  • Duston Williams: CFO
  • Dan Larson: CMO
  • Dan Schiappa: Chief Product and Services Officer
  • Andrew Hill: Chief Legal Officer and General Counsel
  • Andrew Burback: Chief Information Officer and SVP, Operations
  • Lane Roush: Chief Technical Customer Officer
  • Kristin Dean: Chief People Officer
  • Scott Holewinski: SVP, Incident Response and Insurance Solutions

Key Facts:

  • Headquarters: Eden Prairie, Minnesota, USA
  • Number of Employees: Approximately 2,430 (as of December 2024)
  • Annual Recurring Revenue (ARR): Estimated $438 million (as of 2023)
  • Valuation: $4.3 billion (as of 2021)
  • Publicly Listed: No (privately held)
  • Acquisitions: RootSecure (2018), Tetra Defense (2022), Revelstoke (2023)
  • Funding: Has raised over $899 million in funding.

Analyst Recognition

Arctic Wolf is recognized by several leading analyst groups:

  • Gartner: Named a Customers' Choice for Managed Detection and Response Services in North America (July 2023) and recognized in the December 2023 Gartner Peer Insights Voice of the Customer for Security Awareness Computer-based Training.
  • Forrester: Information not available in provided sources.
  • IDC: Named a Leader in the 2024 IDC MarketScape for Worldwide Managed Detection and Response Services.
  • Everest Group: Information not available in provided sources.

It's important to note that this information is current as of December 13, 2024, and may change over time, especially given Arctic Wolf's rapid growth and evolving product offerings. It is recommended to consult their official website and other reputable sources for the most up-to-date information.