Rapid7 expands its Managed Extended Detection and Response service, enhancing support for AWS environments to improve cloud security.
Quiver AI Summary
Rapid7, Inc. has expanded its Managed Extended Detection and Response (MXDR) service to enhance support for Amazon Web Services (AWS) environments, improving cloud detection and response capabilities. This enhancement integrates AWS-native and cloud-native telemetry into the Rapid7 Command Platform, facilitating faster threat detection and remediation through the company's security operations center. With more than two million organizations using AWS, Rapid7 aims to simplify security management for these users by offering 24/7 monitoring, proactive threat hunting, and contextual alerts. The MXDR service also includes features for tracking identity and privilege anomalies, backed by AI-assisted context for quicker incident response. This integration strengthens Rapid7's unified security offerings across major cloud platforms and aligns with existing technologies, underscoring the company's commitment to empowering security teams in managing cloud risks effectively.
Potential Positives
- Expansion of Managed Extended Detection and Response (MXDR) service to include enhanced support for Amazon Web Services (AWS) environments, improving threat detection and response capabilities for customers.
- Direct coverage for AWS environments enhances Rapid7's ability to deliver unified security coverage across major cloud providers, positioning the company competitively in a growing market.
- The service upgrade offers significant advantages including 24x7 monitoring, proactive threat hunting, and AI-assisted incident triage, addressing critical customer needs for cloud security.
- Participation in AWS re:Invent 2024 highlights the company's commitment to engaging with key industry stakeholders and showcasing its innovative solutions.
Potential Negatives
- The announcement may highlight the need for enhanced security services, suggesting that Rapid7's previous offerings were insufficient for current AWS security demands.
- The focus on AWS environments could indicate that Rapid7 is increasingly reliant on a single cloud provider for significant business, posing a risk if AWS faces issues or if businesses diversify their provider strategy.
- By expanding its services, Rapid7 may be acknowledging an increase in complexity and risk for organizations in managing their cloud security, which could reflect poorly on the inherent security posture of their existing solutions.
FAQ
What is Rapid7's Managed Extended Detection and Response (MXDR) service?
Rapid7's MXDR service offers comprehensive threat detection and response across various environments, including enhanced support for AWS.
How does the MXDR service enhance AWS security?
The service enhances AWS security by providing deeper cloud detection, context-rich alerts, and proactive monitoring via its security operations center.
What key features are included in Rapid7's AWS MXDR support?
Key features include enhanced threat detection, cloud identity monitoring, AI-assisted context, and 24x7 proactive threat hunting.
Who can benefit from Rapid7's MXDR for AWS?
Any organization using AWS cloud services can benefit, especially those looking to improve security in dynamic cloud environments.
Where can I learn more about Rapid7's MXDR service?
More information about Rapid7's MXDR service with AWS support can be found at
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$RPD Insider Trading Activity
$RPD insiders have traded $RPD stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here's a breakdown of recent trading of $RPD stock by insiders over the last 6 months:
- REENY SONDHI has traded it 3 times. They made 0 purchases and 3 sales, selling 7,326 shares.
- CHRISTINA LUCONI (Chief People Officer) sold 33,795 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$RPD Hedge Fund Activity
We have seen 131 institutional investors add shares of $RPD stock to their portfolio, and 203 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WASATCH ADVISORS LP removed 1,396,881 shares (-100.0%) from their portfolio in Q2 2024
- UBS ASSET MANAGEMENT AMERICAS LLC added 1,039,377 shares (+1506.5%) to their portfolio in Q2 2024
- AMERIPRISE FINANCIAL INC removed 947,804 shares (-100.0%) from their portfolio in Q2 2024
- JANA PARTNERS MANAGEMENT, LP added 931,154 shares (+34.2%) to their portfolio in Q3 2024
- WELLINGTON MANAGEMENT GROUP LLP removed 867,147 shares (-100.0%) from their portfolio in Q2 2024
- PICTET ASSET MANAGEMENT HOLDING SA removed 840,543 shares (-99.0%) from their portfolio in Q3 2024
- NOMURA HOLDINGS INC added 669,249 shares (+111.3%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
BOSTON, Dec. 03, 2024 (GLOBE NEWSWIRE) --
Rapid7, Inc.
, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced the expansion of its Managed Extended Detection and Response (MXDR) service to include enhanced support for Amazon Web Services (AWS) environments. This service enhancement brings customers deeper cloud detection and response capabilities by combining cloud native telemetry, AWS security telemetry, and enhanced detections in the Rapid7 Command Platform. This will drive broader, faster threat detection and remediation, delivered by the Rapid7 security operations center (SOC).
Globally, over two million companies
use
AWS cloud computing services. These organizations must adapt their security programs to address increasingly dynamic workloads as they innovate and scale their cloud footprint. Rapid7's MXDR delivers 24x7 coverage with tailored threat detection and response across an organization's AWS environments without the complexity of managing multiple tools.
"Rapid7's MXDR support for AWS provides organizations with a comprehensive approach to securing their cloud environments, which is critical for security teams working to manage, prioritize, and respond to risk across their entire attack surface," said Craig Adams, chief product officer at Rapid7. "By integrating AWS-native telemetry with Rapid7's native advanced detection and response capabilities, MXDR delivers the context and coverage needed to handle complex threats in AWS environments."
Through direct coverage for AWS environments, Rapid7 offers:
Enhanced Threat Detection and Contextualized Alerts
:
Correlates AWS telemetry with global threat intelligence to uncover sophisticated attacks and lateral movement within cloud environments.
Proactive Threat Hunting and 24x7 Monitoring:
Rapid7's SOC continuously monitors and investigates AWS alerts, reducing detection and response times while alleviating operational burden.
Cloud Identity and Privilege Monitoring:
Tracks anomalous identity behaviors, privilege escalations, and suspicious API activity to prevent unauthorized access and mitigate risks.
AI-Assisted Context:
Enriches cloud alerts with risk-aware context for faster and more accurate incident triage and response.
The addition of AWS support strengthens Rapid7 MXDR's ability to deliver unified security coverage across major cloud providers, including Azure and Google Cloud, while integrating with customers' existing tech stack, including
Microsoft
security tools.
To learn more about Rapid7's Managed Detection and Response service with AWS support, visit
. In addition, the Rapid7 team will be attending AWS re:Invent (December 2 -6). To talk to a Rapid7 expert onsite or to set up a demo, visit booth #697.
About Rapid7
Rapid7, Inc. (NASDAQ: RPD) is on a mission to create a safer digital world by making cybersecurity simpler and more accessible. We empower security professionals to manage a modern attack surface through our best-in-class technology, leading-edge research, and broad, strategic expertise. Rapid7's comprehensive security solutions help more than 11,000 global customers unite cloud risk management with threat detection and response to reduce attack surfaces and eliminate threats with speed and precision. For more information, visit our
website
, check out our
blog
, or follow us on
LinkedIn
or
X
.
Rapid7 Media Relations
Alice Randall
Director, Global Corporate Communications
press@rapid7.com
(857) 216-7804
Rapid7 Investor Contact
Elizabeth Chwalk
Sr. Director, Investor Relations
investors@rapid7.com
(617) 865-4277