Newly Combined Entity Utilizes DATASHIELD’s Cutting-Edge SHIELDVision™
Platform and Deep Security Industry Expertise to Create an Unmatched Real-Time Cyber
Detection & Response Solution
BOCA RATON, Fla., November 14, 2017
the leader in security and automation solutions for homes and businesses in
North America, today announced the acquisition close of DATASHIELD, one of the country’s
fastest growing cybersecurity companies. Now operating under the brand ADT Cybersecurity,
this service is uniquely positioned to provide Enterprise and Mid-Market
businesses with Managed Detection and Response (MDR) services to combat
advanced cyberthreats in real-time. DATASHIELD CEO Michael Malone will join the
ADT team as Senior Vice President, ADT Cybersecurity, reporting directly to Timothy
J. Whall, CEO, ADT.
The security gap is
widening as advanced threats continue to bypass the first line of defense, and
many organizations are struggling to deploy, manage and use an effective
combination of expertise and tools to detect advanced cyberthreats. Mid-Market
and Enterprise organizations are increasingly finding the need for 24x7 managed
and monitored cyber solutions to help detect and respond to cyberattacks. It is
estimated that by 2020, approximately 20 percent of Mid-Market and Enterprise organizations
will be using MDR services such as ADT Cybersecurity, up from less than 1
percent in 2016*.
DATASHIELD, now ADT
Cybersecurity, is the only MDR provider to offer full packet capture and
inspection beyond headers and metadata behind the firewall. ADT Commercial and
National Account customers who look to add ADT Cybersecurity services will also
have access to SHIELDVision™, a unified platform for organizing, managing,
& collecting cyber intelligence. SHIELDVision™ automates security analyst
workflows to close the gap between cyberattack and breach detection time and
remediation for customers.
Data breaches caused
by cyberattacks on networks are plaguing businesses of all sizes. This year could
set another record for the number and severity of data breaches after record
years in 2015 and 2016. The median
time of compromise to discovery is a staggering 80 days with the average cost
of data breach costing organizations $3.62 million**.
“Our goal is to
provide ADT customers with the most comprehensive security solution to protect
their business, and in today’s world, this not only means their physical
premise, but also their network,” said ADT’s Whall. “For more than 143 years,
ADT has been monitoring physical properties, and DATASHIELD will now allow us
to extend that same level of security monitoring to the digital world. Michael
and his team will infuse cybersecurity DNA into our core business, allowing us
to provide an offering that will distinguish our brand as the premiere resource
for end-to-end security.”
approach to cybersecurity was not designed to provide rapid response,” said
Michael Malone, CEO, DATASHIELD. “This is a landmark opportunity to combine the
brand and reach of ADT, with the technology and innovation of DATASHIELD to
establish the new standard in the most comprehensive digital protection for Mid-Market
and Enterprise businesses.”
Headquartered in Scottsdale,
AZ, DATASHIELD was founded in 2009 and has quickly become the leader in Managed
Detection and Response for the Mid-Market and Enterprise. In September,
DATASHIELD opened its state-of-the-art Advanced Security Operations Center
(ASOC), increasing customer capacity by 300 percent.
services are available for Commercial and National Account customers effective immediately.
acted as exclusive financial advisor to DATASHIELD and is serving as ADT’s
strategic cybersecurity advisor.
For more information
ADT is a
leading provider of security and automation solutions for homes and businesses
in the United States and Canada. ADT's broad and pioneering set of products and
services, including ADT Pulse® interactive home and business solutions, and
health services, meet a range of customer needs for today’s active and
increasingly mobile lifestyles. Headquartered in Boca Raton, Florida.