Connect with us

Technology

Red Canary Reports Strong Q2 FY25 Driven by Major Product Advancements and Rapid Enterprise Segment Growth

Published

3 months ago

on

New business bookings up 48% year-over-year, driving one of the company’s strongest quarters to date

DENVER, Oct. 2, 2024 /PRNewswire/ — Red Canary, a leader in managed detection and response (MDR), announced strong Q2 FY25 results, with new business bookings up 48% year-over-year led by enterprise segment new business bookings increasing 86% year-over-year. This growth reflects strong demand from large organizations for Red Canary’s products, which are built on over a decade of industry leadership in detection engineering and intelligence-led security operations. Customers realize value within minutes of deployment because security best practices are baked in, not bolted on.

As the need for protection against identity and cloud-native attacks grows, both new and existing customers are choosing Red Canary to help them reduce their exposure, quickly find and stop threats, and lower their risk. While identity compromise has always been a significant threat, recent data from Red Canary’s latest threat detection research shows that it is becoming even more common, with adversaries increasingly targeting user identities as a weak spot.

“We’re seeing great momentum, and it’s because we focus on what truly matters—helping our customers make their greatest impact without being disrupted by cyber attacks,” said Brian Beyer, CEO of Red Canary. “As identity attacks increase and the threat landscape becomes more complex, security teams need to detect and respond to emerging threats across domains with high quality and accuracy, and at scale. What makes us world-class in the MDR market is we do all of this consistently and efficiently, and our results speak for themselves.”

Product innovations in Q2 FY25:

Expanded identity detection capabilities through deeper integrations with Microsoft Entra ID and Okta, enabling high-accuracy threat detection by pulling more contextual data to better understand user and organizational behaviors, reducing noise, and effectively identifying complex identity-based threats.Significantly enhanced overall security operations efficiency by introducing powerful AI-driven features, such as alert summarization and flow agents, enabling security teams to achieve faster, more precise threat analysis and create streamlined response workflows – proving highly effective for strengthening defenses against identity and cloud-based attacks.Unveiled several new strategic reports for security leaders, providing customers with clearer insights into detected threats, benchmarking their organization’s security posture against industry trends, and leveraging fresh response and intelligence metrics.Developed 180+ new and improved behavioral analytics, based on the latest threat intelligence across endpoint, cloud, and identity to enhance detection capabilities.Extended our partnership with Palo Alto Networks, to deliver Managed Security Services for Cortex® XSIAM, an AI-driven security operations platform and services that help stop breaches through new expert-led managed services.

Key company milestones in Q2 FY25:

Compiled a major midyear update to the 2024 Threat Detection Report, offering comprehensive insights and analysis on the top trending threats and techniques from the past six months to help organizations stay ahead of emerging threats.Published popular monthly threat intelligence research, highlighting the rise of macOS attacks, including Atomic Stealer—an information stealer targeting macOS that extracts data from web browsers and local files.Continued sold-out roadshow and security community events, including Red Canary Live and CISO Forums, engaging hundreds of CISOs and security practitioners across the U.S. to foster collaboration and share cybersecurity insights.Earned customer recognition with three badges in G2’s Summer 2024 report, including Fastest Implementation in MDR.Maintained an industry-leading average Customer Satisfaction (CSAT) rating of approximately 99%, demonstrating unwavering dedication to customer excellence.

This quarter, Red Canary’s commitment to providing best-in-class security solutions is evident through its customer-validated 99% threat detection accuracy. Powered by innovations in cloud security, threat intelligence, and advanced detection and response, Red Canary helps organizations stay ahead of emerging threats and continues to deliver measurable results.

Additional resources:

Product innovations: For the latest on new releases from Red Canary, visit our “What’s New” page.Pricing and packaging: To learn more about new pricing and packaging options, visit our “Pricing” page.Webinar: Register and join our webinar unveiling the latest findings from our midyear update to the Threat Detection Report, on Thursday, October 10 at 2:00 pm ET.

About Red Canary
Red Canary is a leader in managed detection and response (MDR). We serve companies of every size and industry, focusing on finding and stopping threats before they can have a negative impact. As the cornerstone security operations partner for nearly 1,000 organizations, we provide MDR with industry-leading threat accuracy and a world-class customer experience across identities, endpoints, and cloud. For more information about Red Canary, visit: https://redcanary.com/.

View original content to download multimedia:https://www.prnewswire.com/news-releases/red-canary-reports-strong-q2-fy25-driven-by-major-product-advancements-and-rapid-enterprise-segment-growth-302265476.html

SOURCE Red Canary

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

OneView Expands Omnichannel Store Fulfillment Leadership with Batch Picking, Omni Returns and FindIt

Published

37 minutes ago

on

December 30, 2024

By

The solution sets the standard for store fulfillment with associate-optimized work processes to source, pick, pack and deliver omnichannel orders from stores 

BOSTON, Dec. 30, 2024 /PRNewswire/ — OneView Commerce, a leader in composable point of sale and omnichannel store solutions, today announced the launch of new features in their Omnichannel Order Fulfillment suite, including Batch Picking, Omni Returns and FindIt instant inventory location that combine to extend store personnel’s ability to quickly and efficiently manage high-value omnichannel orders. Working with retail innovators, OneView has taken the lead and delivered into production an ultra-modern composable commerce platform that replaces legacy point of sale solutions and provides the agility needed to overcome competitive threats faced by brick-and-mortar retailers. The company is demonstrating the platform, including these new features, at NRF 2025 Retail’s Big Show & EXPO in New York on January 12-14, in booth 4480. 

The store holds tremendous power as the hub of seamless engagement to create long-term brand loyalty

“Since the beginning of the cross-channel into omnichannel movement, we have stood by the principle that the store holds tremendous power as the hub of seamless engagement to create long-term brand loyalty,” said OneView Chief Executive Officer Linda Palanza. “This began with bringing the first retailer-driven omnichannel solution into production within a few months in 2014 and remains today with our continuous delivery of new cloud features that optimize associate and store workflows, empower every store as a warehouse and maximize store efficiency while delighting customers.”

OneView closes 2024 as a highly successful year that included the go-live of multiple retail innovators now managing thousands of retail stores across dozens of countries. OneView’s prioritization of scalability and efficiency in the platform, leveraging the most powerful cloud technologies, is a proven strategy with the platform’s success running complex, highly modern store estates across the globe.

OneView’s Composable Commerce solution, including point of sale, omnichannel fulfillment, real-time store inventory and multichannel promotions, will be shown in Booth 4480 at NRF ’25 at the Jacob Javits Center in New York from January 12-14, 2025.

About OneView Commerce 
OneView Commerce creates the digital pathway to transform store engagement with a composable platform for point of sale, mobility, real-time inventory and omnichannel store fulfillment. By synthesizing data and transaction execution to the ‘omnichannel moment of action,’ OneView empowers digital reach into stores, improves inventory accuracy, reduces out of stocks and provides actionable insight into active baskets with every product scan. Leading retailers use OneView to overcome legacy constraints by unlocking store technology and empowering associates and customers with click-to-brick engagement across the buying journey that drives loyalty and retention. Learn more at www.oneviewcommerce.com or follow us on LinkedIn.

OneView is a trademark of OneView Commerce. All other trademarks belong to their respective companies.

Contact:                                 
Lexy Johnson
OneView Commerce, Inc.                                                                                         
617.279.0549 x716 | pr@oneviewcommerce.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/oneview-expands-omnichannel-store-fulfillment-leadership-with-batch-picking-omni-returns-and-findit-302339979.html

SOURCE OneView Commerce, Inc.

Continue Reading

Technology

IT Availability Celebrates a Culture of Giving and Highlights Chosen Charities

Published

38 minutes ago

on

December 30, 2024

By

VIENNA, Va., Dec. 30, 2024 /PRNewswire/ — IT Availability LLC, a leading provider of innovative technology solutions, is proud to celebrate its ongoing commitment to a culture of giving by highlighting the impactful work of its chosen corporate charities. As the company marks its 10th year of operation, it continues to support and champion organizations that make a significant difference in the lives of many.

Supporting Those Who Make a Difference

At the heart of IT Availability’s corporate culture is a deep commitment to social responsibility and community support. This year, the company proudly supports four remarkable charities: The Shadow Warriors Project, St. Jude Children’s Research Hospital, Tunnel to Towers, and the Central Intelligence Agency Officers Memorial Foundation. Each of these organizations embodies values that resonate deeply with IT Availability’s mission and ethos.

The Shadow Warriors Project

The Shadow Warriors Project provides crucial support to private security contractors who have been injured in the line of duty. Their work ensures that these brave individuals receive the medical care, financial assistance, and emotional support they need to recover and rebuild their lives. IT Availability is honored to support an organization that stands by those who have risked their lives in service to others.

St. Jude Children’s Research Hospital

St. Jude Children’s Research Hospital is renowned for its pioneering research and treatment of pediatric catastrophic diseases. Their mission to advance cures and means of prevention for pediatric catastrophic diseases is a cause that IT Availability is proud to support. By contributing to St. Jude, IT Availability helps ensure that no child is denied treatment based on race, religion, or a family’s ability to pay.

Tunnel to Towers Foundation

The Tunnel to Towers Foundation honors the sacrifice of firefighter Stephen Siller, who laid down his life to save others on September 11, 2001. The foundation supports first responders, military heroes, and their families by providing mortgage-free homes and other forms of financial assistance. IT Availability is privileged to support Tunnel to Towers in their mission to honor and support those who serve our nation.

Central Intelligence Agency Officers Memorial Foundation

The Central Intelligence Agency Officers Memorial Foundation provides educational scholarships and support to the children and spouses of CIA officers who have died in the line of duty. IT Availability is proud to support an organization that ensures the families of fallen heroes receive the educational opportunities and support they deserve.

A Celebration of Generosity at the 2024 Holiday Party

The 2024 Holiday Party at the prestigious Tower Club was a testament to IT Availability’s culture of giving. Attended by over 111 dedicated employees and their loved ones, the event featured a thrilling raffle draw, exciting prizes, and, most importantly, an opportunity to celebrate and support the company’s chosen charities.

Founder and CEO, Chuck Dickens, and his lovely bride, Aew, took the opportunity to capture the spirit of the evening with photographs alongside representatives from each of the supported charities. These images, capturing the essence of IT Availability’s commitment to giving, will serve as a lasting testament to the company’s dedication to its community partners.

A Corporate Culture Rooted in Giving

“At IT Availability, we believe in the power of giving back and making a difference,” said Chuck Dickens, Founder and CEO. “Supporting these incredible organizations is not just about donations; it’s about recognizing and amplifying the good work they do every day. We are immensely proud to be part of a community that values generosity and social responsibility.”

Looking Ahead

As IT Availability continues its journey of growth and success, it remains steadfast in its commitment to fostering a culture of giving. The company looks forward to deepening its partnerships with these charities and exploring new ways to support and celebrate their invaluable contributions to society.

To learn more information about IT Availability and its community initiatives, please visit https://www.itavailability.com/ or contact Chuck Dickens.

About IT Availability LLC

Founded in 2015, IT Availability LLC is an innovative technology firm led by former senior technology executives from the U.S. Intelligence Community. The company specializes in IT enterprise services, cybersecurity, communications solutions, and data center infrastructure and services. With a focus on providing tailored solutions anchored in cutting edge industry practices, IT Availability leverages a vast network of partnerships from across industry and government to ensure innovative outcomes.

Media Contact:

Chuck Dickens
Founder/CEO
IT Availability LLC
cdickens@itavailability.com
571-594-3992
www.itavailability.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/it-availability-celebrates-a-culture-of-giving-and-highlights-chosen-charities-302340220.html

SOURCE IT Availability

Continue Reading

Technology

USPS Stamps Its Approval on Allen Toussaint’s Musical Legacy with 48th Black Heritage Stamp

Published

38 minutes ago

on

December 30, 2024

By

WASHINGTON, Dec. 30, 2024 /PRNewswire/ —

What:

The 48th stamp in the Black Heritage series honors the legendary musician and songwriter Allen Toussaint (1938-2015). An icon of New Orleans music, Toussaint’s contributions to rhythm and blues (R&B), jazz, and rock ‘n’ roll have left an enduring mark on American music.

The first-day-of-issue event for the Allen Toussaint Black Heritage stamp is free and open to the public. News of the stamp is being shared with the hashtags #AllenToussaintStamp and #BlackHeritageStamp.

Who:

Gary Barksdale, chief postal inspector, U.S. Postal Inspection Service

Quint Davis, chief executive officer, Festival Productions Inc.

When:

Thursday, Jan. 30, 2025, at 11 a.m. CST

Where:

George and Joyce Wein Jazz & Heritage Center

1225 N. Rampart St

New Orleans, LA 70116

RSVP:

Attendees are encouraged to register at usps.com/blackheritagestamp 

Background:

Music icon Allen Toussaint’s legacy continues to inspire. A prolific pianist, singer, songwriter, composer, arranger and producer, Toussaint left an indelible mark on New Orleans music and beyond.

His legendary career spanned decades, producing countless hits and collaborations with a wide array of artists. From classic songs such as “Fortune Teller” and “Southern Nights” to his behind-the-scenes work, Toussaint’s influence continues to resonate globally.

President Barack Obama recognized Toussaint with the National Medal of Arts in 2013. His previous honors include induction into the Blues Hall of Fame in 2012, the Songwriters Hall of Fame in 2011, the Louisiana Music Hall of Fame in 2009, and the Rock & Roll Hall of Fame in 1998. In 2022, the New Orleans City Council renamed Robert E. Lee Boulevard for Toussaint, who lived on the four-mile-long thoroughfare during the last years of his life.

Ethel Kessler, an art director for USPS, designed the stamp using a photograph by Bill Thompkins.

The Allen Toussaint stamp will be issued in panes of 20. Forever stamps will always be equal in value to the current First-Class Mail 1-ounce price.

Postal Products

Customers may purchase stamps and other philatelic products through the Postal Store at usps.com/shopstamps, by calling 844-737-7826, by mail through USA Philatelic or at Post Office locations nationwide. For officially licensed stamp products, shop the USPS Officially Licensed Collection on Amazon. Additional information on stamps, First Day of Issue Ceremonies and stamp inspired products can be found at StampsForever.com.

Please Note: The United States Postal Service is an independent federal establishment, mandated to be self-financing and to serve every American community through the affordable, reliable and secure delivery of mail and packages to 169 million addresses six and often seven days a week. Overseen by a bipartisan Board of Governors, the Postal Service is implementing a 10-year transformation plan, Delivering for America, to modernize the postal network, restore long-term financial sustainability, dramatically improve service across all mail and shipping categories, and maintain the organization as one of America’s most valued and trusted brands.

The Postal Service generally receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations.

For USPS media resources, including broadcast-quality video and audio and photo stills, visit the USPS Newsroom. Follow us on X, formerly known as Twitter; Instagram; Pinterest; Threads and LinkedIn. Subscribe to the USPS YouTube Channel and like us on Facebook. For more information about the Postal Service, visit usps.com and facts.usps.com.

National contact: Felicia M. Lott
felicia.m.lott@usps.gov
usps.com/news

Local contact: Evelina B. Ramirez
evelina.b.ramirez@usps.gov
usps.com/news

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/usps-stamps-its-approval-on-allen-toussaints-musical-legacy-with-48th-black-heritage-stamp-302340107.html

SOURCE U.S. Postal Service

Continue Reading

Trending