WEBINAR | A Deep-Dive into 2023 Cyber Threats
Reduce Alert Noise and False Positives
Boost your team's productivity by cutting down alert noise and false positives.
Automate Security Operations
Boost efficiency, reduce burnout, and better manage risk through automation.
Dark Web Monitoring
Online protection tuned to the need of your business.
Maximize Existing Security Investments
Improve efficiencies from existing investments in security tools.
Beyond MDR
Move your security operations beyond the limitations of MDR.
Secure with Microsoft 365 E5
Boost the power of Microsoft 365 E5 security.
Secure Multi-Cloud Environments
Improve cloud security and overcome complexity across multi-cloud environments.
Secure Mergers and Acquisitions
Control cyber risk for business acquisitions and dispersed business units.
Operational Technology
Solve security operations challenges affecting critical operational technology (OT) infrastructure.
Force-Multiply Your Security Operations
Whether you’re just starting your security journey, need to up your game, or you’re not happy with an existing service, we can help you to achieve your security goals.
Detection Investigation Response
Modernize Detection, Investigation, Response with a Security Operations Platform.
Threat Hunting
Locate and eliminate lurking threats with ReliaQuest GreyMatter
Threat Intelligence
Find cyber threats that have evaded your defenses.
Model Index
Security metrics to manage and improve security operations.
Breach and Attack Simulation
GreyMatter Verify is ReliaQuest’s automated breach and attack simulation capability.
Digital Risk Protection
Continuous monitoring of open, deep, and dark web sources to identify threats.
Phishing Analyzer
GreyMatter Phishing Analyzer removes the abuse mailbox management by automating the DIR process for you.
Integration Partners
The GreyMatter cloud-native Open XDR platform integrates with a fast-growing number of market-leading technologies.
Unify and Optimize Your Security Operations
ReliaQuest GreyMatter is a security operations platform built on an open XDR architecture and designed to help security teams increase visibility, reduce complexity, and manage risk across their security tools, including on-premises, clouds, networks, and endpoints.
Blog
Company Blog
Case Studies
Brands of the world trust ReliaQuest to achieve their security goals.
Data Sheets
Learn how to achieve your security outcomes faster with ReliaQuest GreyMatter.
eBooks
The latest security trends and perspectives to help inform your security operations.
Industry Guides and Reports
The latest security research and industry reports.
Podcasts
Catch up on the latest cybersecurity podcasts, and mindset moments from our very own mental performance coaches.
Solution Briefs
A deep dive on how ReliaQuest GreyMatter addresses security challenges.
White Papers
The latest white papers focused on security operations strategy, technology & insight.
Videos
Current and future SOC trends presented by our security experts.
Events & Webinars
Explore all upcoming company events, in-person and on-demand webinars
ReliaQuest ResourceCenter
From prevention techniques to emerging security trends, our comprehensive library can arm you with the tools you need to improve your security posture.
Threat Research
Get the latest threat analysis from the ReliaQuest Threat Research Team. ReliaQuest ShadowTalk Weekly podcast featuring discussions on the latest cybersecurity news and threat research.
Shadow Talk
ReliaQuest's ShadowTalk is a weekly podcast featuring discussions on the latest cybersecurity news and threat research. ShadowTalk's hosts come from threat intelligence, threat hunting, security research, and leadership backgrounds providing practical perspectives on the week's top cybersecurity stories.
April 18, 2024
About ReliaQuest
We bring our best attitude, energy and effort to everything we do, every day, to make security possible.
Leadership
Security is a team sport.
No Show Dogs Podcast
Mental Performance Coaches Derin McMains and Dr. Nicole Detling interview world-class performers across multiple industries.
Make It Possible
Make It Possible reflects our focus on bringing cybersecurity awareness to our communities and enabling the next generation of cybersecurity professionals.
Careers
Join our world-class team.
Press and Media Coverage
ReliaQuest newsroom covering the latest press release and media coverage.
Become a Channel Partner
When you partner with ReliaQuest, you help deliver world-class cybersecurity solutions.
Contact Us
How can we help you?
A Mindset Like No Other in the Industry
Many companies tout their cultures; at ReliaQuest, we share a mindset. We focus on four values every day to make security possible: being accountable, helpful, adaptable, and focused. These values drive development of our platform, relationships with our customers and partners, and further the ReliaQuest promise of security confidence across our customers and our own teams.
More results...
The ultimate question when considering a big business purchase (or any purchase, really): Is this going to be worth the cost and effort?
Recently, ReliaQuest commissioned a Forrester® Total Economic Impact™ (TEI) study to find out exactly what the financial and operational impact adopting the ReliaQuest Open-XDR-as-a-Service platform can have on a business.
Using Forrester’s TEI methodology, the report found that the ROI of ReliaQuest is 350% over 3 years with a payback of less than 6 months, in addition to providing numerous other benefits, financial and otherwise.
Below are some of the most interesting findings on how ReliaQuest can positively impact a business in terms of cost, staffing, and overall security posture.
Download the full report ➞
Investing in cybersecurity can positively impact a business in many ways, but perhaps most important is the bottom line. Security leaders are responsible for communicating the value of the tools they’re devoting budget to, and they’re under pressure to show a solid return.
The TEI study showed that ReliaQuest provides cost savings in multiple areas, from reducing the need for additional headcount to reducing tool sprawl.
One of the main benefits of working with ReliaQuest, according to interviewees for the TEI study, is the ability to offload certain SOC tasks to an external team. For example, one of the most time-consuming, tedious responsibilities for any security team is the creation and maintenance of detection rules and content.
The TEI study estimated that an organization would need “a dedicated team of eight employees for Tier 1 security support” at $50k annually per member in order to replicate the value of a ReliaQuest investment. In addition to this team, they would need two employees at $100k each to “perform maintenance and analysis on their established solutions.” After adjusting for risk, Forrester estimated a three-year savings of over $1.2 million.
According to one of the organizations interviewed, “To achieve the value that we are getting with ReliaQuest we would need to buy new tools or hire new team members to recreate these capabilities.”
Over time, organizations tend to amass several security tools. But many are underutilized or not at all but security teams do not have a clear view into what can be removed and which ones are contributing to the wellness of the organization.
The Forrester study revealed that organizations were able to scale back their investments in security technologies because they were made redundant by the ReliaQuest offerings. Over a three-year period, this benefit to the composite organization created more than $440K in savings.
The companies were also able to avoid purchasing or eliminate existing tools for threat intelligence or breach and attack simulation because all those services were wrapped into the ReliaQuest purchase.
The Forrester study showed that companies saw huge improvements in efficiency of tools, people, and process. Another less-tangible benefit: cyber insurance brokerage firms were more likely to look favorably on companies that had implemented ReliaQuest, resulting in lower insurance premiums.
When you’re working with just a SIEM and a default rule set, the sheer number of alerts coming your way can be overwhelming. This firehose of telemetry can make it nearly impossible to distinguish real threats from false positives.
With ReliaQuest services, organizations can expect a drastic decrease in their false-positive rate, according to the study. As one interviewee shared, “There is a significant cost savings associated with [the reduction in false-positive rate].” In fact, Forrester estimated a savings of just under $350,000 in three years.
According to interviewed customers, one of the key advantages of implementing ReliaQuest was automation. By automating the incident response process across its lifecycle, security team members had more freedom to focus on high-priority incidents. Over time, this led to a 50% reduction in mean time to respond (MTTR). Automation was also key in reducing overall false-positive rate.
Learn more about the ReliaQuest approach to automation ➞
Behind all the technology and expertise, there’s really only one goal for cybersecurity tools: protecting your business. ReliaQuest is no exception, and Forrester has proven that choosing ReliaQuest can result in significantly less risk.
The TEI study found that customers who implemented ReliaQuest increased their risk coverage to the point that the likelihood of a breach decreased by 20%. The report largely attributed this result to two things: ReliaQuest automation features and “the insights and capabilities provided by the ReliaQuest services teams.”
Automation paired with insight also gave customers the leeway to spend more time examining their existing toolsets, which often resulted in driving additional value from those tools.
Of course, better protection of your business results in protected budget as well. Forrester reports that the reduction in risk can be quantified to $2.7 million over 3 years.
So… is it worth it? According to the study, yes.
The Forrester study found:
* Net-present value (NPV) is defined as “The present or current value of (discounted) future net cash flows given an interest rate (the discount rate). A positive project NPV normally indicates that the investment should be made, unless other projects have higher NPVs.”
Cybersecurity investments can be fraught, with tons of stakeholders and usually a lot of money on the table. This report can arm you with the information you need as you evaluate security technology and services. For a free, full copy of the report, visit https://www.reliaquest.com/resources/research-reports/the-total-economic-impact-of-reliaquest/.