Trustwave Named a Major Player in New IDC MarketScape on Worldwide Cybersecurity Consulting Services

CHICAGO – April 3, 2024 – Trustwave, a leading cybersecurity and managed security services provider, was named a Major Player in the IDC MarketScape: Worldwide Cybersecurity Consulting Services 2024 Vendor Assessment (doc # US50463223, March 2024).

“The advocate of intelligence-led, proactive and pragmatic approach towards cybersecurity makes Trustwave unique in the cybersecurity consulting market. Its emphasis on offensive security programs, including vulnerability scanning, penetration testing, red/blue/purple teaming, allows clients to design the overall cybersecurity strategy “fit for purpose” and right size their security programs, " says Cathy Huang, Research Director, Worldwide Security Services, IDC. "What is more, the recent verticalized Trustwave Landscape reports that are produced by SpiderLabs are welcomed move by its clients," she adds.

The IDC MarketScape noted, "Trustwave's consulting services are tailored to clients' priorities. The company covers all aspects of strategy, governance, risk, and compliance, with region and industry-specific focus areas. The company offers bespoke cybersecurity strategy services, assisting clients with reviewing and refreshing existing security strategies and operating models or building one from the ground up."

The IDC MarketScape recognized the breadth of Trustwave’s Consulting and Professional Services practice, which includes a mix of offensive security offerings like Penetration Testing, Red Team Exercises, as well as Cyber Advisory, Digital Forensics & Incident Response (DFIR), and Cyber Architecture services.

The report noted, "Small to large enterprises at varying levels of maturity should consider Trustwave because it has a comprehensive diagnostic and pragmatic approach toward cybersecurity. In addition, organizations should consider Trustwave when priorities include skills crisis, security strategy/road map development, addressing security complexities, and cyber-resilience needs."

The report noted that “The acquisition by MC² Security Fund — the private equity fund of internationally recognized security advisory firm The Chertoff Group — successfully closed in January 2024. Given the track record of the investments made by the Chertoff Group, it is a positive move for Trustwave because this acquisition will enable the firm to solely focus on its core cybersecurity business and penetrate the previously untapped sectors.” 

The IDC MarketScape listed numerous Trustwave strengths that it brings to the category. This included recognizing the Trustwave SpiderLabs team for its work in security research, threat intelligence, and penetration testing, along with Trustwave Security Colony, which gives clients instant access to the tools, frameworks, and 400+ documents derived directly from real-life consulting engagements with clients.

The IDC MarketScape specifically shared:

• “Trustwave has been one of the longest-serving CREST accredited providers for independent penetration testing and red teaming services. Technical threat research and programmatic intelligence are infused into Trustwave services in assisting its clients' cyber-resilience needs. The breadth of its offerings is well regarded by its clients.”
• “According to its clients, Trustwave has strong operational delivery, planning, and high-level design, which are ‘well thought of and considered top strengths (for Trustwave).’ A client commented that Trustwave “people are very good, proactive, and responsive;’ and another client said, ‘its penetration testing people will deliver things above and beyond.’
• “Trustwave pays close attention to capture client feedback and ensure a high client satisfaction level. Besides executive-level oversight, it has a multistep approach that touches clients at varying stages throughout their interactions with Trustwave, including a client feedback module into its Fusion Threat Investigation interface.”

Read an excerpt of the IDC MarketScape: Worldwide Cybersecurity Consulting Services 2024 Vendor Assessment here.

About IDC MarketScape

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

About Trustwave

Trustwave is a globally recognized cybersecurity leader that reduces cyber risk and fortifies organizations against disruptive and damaging cyber threats.

Trustwave’s comprehensive offensive and defensive cybersecurity portfolio detects what others cannot, responds with greater speed and effectiveness, optimizes clients’ cyber investments, and improves security resilience. Trusted by thousands of organizations worldwide, Trustwave leverages its world-class team of security consultants, threat hunters, researchers, and market-leading security operations platform to decrease the likelihood of attacks and minimize potential impact.

Trustwave is an analyst-recognized leader in managed detection and response (MDR), managed security services (MSS), cyber advisory, penetration testing, database security, and email security. The elite Trustwave SpiderLabs team provides industry-defining threat research, intelligence, and threat hunting, all of which are infused into Trustwave services and products to fortify cyber resilience in the age of inevitable cyber-attacks.

For more information about Trustwave, please visit: https://www.trustwave.com/en-us/.