Synopsis
In a thrilling evolution of cyber protection, Malwarebytes Elevates Cybersecurity Landscape. Malwarebytes is surging forward with its latest advancements tailored for Managed Service Providers (MSPs). A crescendo of growth, marked by a 54% quarterly spike in ThreatDown Managed Detection and Response service, underscores the company’s commitment to a channel-centric strategy. Founder Marcin Kleczynski’s vision comes to life as ThreatDown unfolds, weaving together data protection offerings to simplify the complex realm of cybersecurity.
The addition of a Security Advisor dashboard amplifies visibility for MSPs, while an augmented toolkit, including advanced device control and enhanced reporting, empowers their arsenal. Malwarebytes’ journey is not just technological; it’s a symphony of partnerships, as seen in collaborations with over 40 firms and a vibrant expansion plan for 2024.
Malwarebytes Elevates Cybersecurity Landscape
As ThreatDown OneView takes center stage with novel features, Malwarebytes continues its passionate mission, providing not just security but peace of mind to partners and clients alike. In a world fraught with cyber challenges, Malwarebytes stands as a beacon, navigating the complex landscape with expertise, innovation, and unwavering dedication.
Malwarebytes has elevated its offerings for managed service providers, riding the wave of substantial growth in subscription sales.
The cybersecurity entity has navigated a 54% quarter-over-quarter surge in its ThreatDown Managed Detection and Response service, distributed through MSPs. ThreatDown, a recent addition following the rebranding of the Malwarebytes for Business product suite, has witnessed commendable expansion in its EDR solution.
Upon unveiling the service, the objective was to amalgamate data protection offerings in a configuration supportive of MSPs, facilitating further feature expansion.
Marcin Kleczynski, founder and CEO of Malwarebytes, articulated, “ThreatDown aims to diminish the attack surface area, alleviating headaches and reducing costs.”
“We understand the intricacies of cybersecurity. Our aim is to unravel the complexity for our partners and clients, offering them the assurance of having a trusted expert by their side,” added Kleczynski.
The company has now complemented this with the introduction of a security advisor dashboard, enhancing visibility for MSPs across their clientele.
Malwarebytes Elevates Cybersecurity Landscape – Augmented Toolkit
In addition to the advisory augmentation, advanced device control, improved reporting, and patch management options further fortify the arsenal available to MSPs.
Brian Thomas, Senior Vice President of Global Channels at Malwarebytes, emphasized, “This year, our unwavering commitment to a channel-first approach has been instrumental in fostering remarkable growth and delivering substantial value to our partners.
We have an exhilarating roadmap planned for 2024, aiming to amplify value and strengthen our channel partnerships even further. Malwarebytes provides our partners with a potent and cost-effective security management platform, placing maximum control, supported by AI and human-guided insights, in the hands of security teams.”
The company has actively expanded its distribution network this year, signing agreements with over 40 firms, including Climb Channel Solutions, EBERTLANG, Nuvanix, Pax8 (US, EMEA, and APAC), and Sysob.
Concurrently, DataSolutions, acquired by Climb in October, has unveiled plans to broaden its vendor portfolio in 2024.
The distributor has initiated its Amplify program, aiming to onboard 10 new vendors, granting them access to its network of resellers and MSPs across the UK and Ireland.
Malwarebytes Elevates Cybersecurity Landscape
Francis O’Haire, Group Chief Technology Officer at DataSolutions, expressed the intent to expand the vendor base for sustained growth. “From emerging to established vendors, we seek ambitious companies desiring to expand their reach, delivering innovative technologies to a broader audience,” said O’Haire.
“Venturing into new markets poses challenges, and we’ve witnessed vendors struggling to realize their full potential globally. However, the UK and Ireland present vast opportunities as among the largest markets globally.
We not only assist vendors in establishing and expanding their presence in these markets but also identify cutting-edge solutions for resellers that could be transformative for their customers.”
Malwarebytes, specializing in real-time cyber protection, has announced updates to its multi-tenant console, ThreatDown OneView.
These enhancements, tailored for Managed Service Providers (MSPs), encompass advanced device control, a novel Security Advisor dashboard, and refined reporting options. The company attributes its substantial growth in the MSP sector to its channel-centric strategy.
Company’s Strategic Embrace of Channel Partnerships
In a press release, Malwarebytes credits its recent surge in the MSP sector to its strategic embrace of channel partnerships.
Brian Thomas, SVP of Global Channels at Malwarebytes, remarked, “Malwarebytes equips our partners with a security management platform that offers control and guidance.
Our commitment to a channel-first approach this year has contributed to fostering growth and delivering value to our partners. In 2024, we plan to continue enhancing our channel partnerships.”
Recent Progress and Market Reception
Malwarebytes’ product, ThreatDown, previously known as Malwarebytes for Business, caters to organizations with limited IT resources, delivering cybersecurity solutions.
The company reports a 33% YoY growth in MSP adoption of its Endpoint Detection and Response (EDR) solution and an impressive 54% average quarterly growth in its Managed Detection and Response (MDR) service.
Richard Martin, CEO of Scinary Cybersecurity, shared insights, stating, “ThreatDown has proven invaluable in our security suite, contributing to our growth and simplifying cybersecurity for IT teams. Its seamless integration into our processes has garnered positive feedback from clients, praising its ease of implementation and use.”
Novelties in ThreatDown OneView
Malwarebytes’ recent upgrades to the ThreatDown OneView console aim to streamline threat management for MSPs. These updates include:
Security Advisor: An analytical tool generating a cybersecurity health score, accompanied by improvement recommendations.
Advanced Device Control: This functionality scans and quarantines USB devices connected to endpoints, fortifying defenses against USB malware.
Enhanced Reporting: Upgraded reporting features in OneView facilitate a more efficient demonstration of ROI to customers.
Software Closure for Patching: The Patch Management feature empowers administrators to forcibly close software applications before initiating updates, minimizing the risks associated with outdated software.
About Malwarebytes
Specializing in endpoint protection, privacy, and threat prevention solutions, Malwarebytes focuses on malware detection and prevention, serving individuals and organizations by securing digital identities and safeguarding data and privacy. Headquartered in California, with additional offices in Europe and Asia.
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