September 5, 2024 – Chicago, IL – Trustwave, a leading cybersecurity and managed security services provider, today announced it was awarded Company of the Year in the Americas Managed Security Services (MSS) market by analyst firm Frost & Sullivan. This is the second time Trustwave has received this award for its continuous innovation and leadership in the managed security services market.
"Being named Company of the Year by Frost & Sullivan is a tremendous honor for us at Trustwave," said Trustwave CEO Eric Harmon. “Winning this accolade for the second consecutive year highlights our team's relentless dedication and hard work, as well as Frost & Sullivan’s recognition of our commitment to innovation, responsiveness to market needs with new offerings like MXDR for Microsoft, and our continuous world-class threat intelligence. It’s a testament to our team’s efforts to stay ahead of evolving threats and to continuously enhance the security and protection we provide for our clients.”
Trustwave was honored for consistently developing growth strategies based on a visionary understanding of the future and for effectively addressing new challenges and opportunities. Frost & Sullivan noted that Trustwave's approach to MSS involves deploying best practices and strategic analytics across the value chain, assisting diverse organizations with a wide range of needs.
“Trustwave continues to show that it belongs at the very forefront of the managed security services space,” Frost & Sullivan stated. “Trustwave’sunique approach in the market involves prevention, detection, and response against cyber threats by leveraging a combined arms security suite powered by consolidation through Trustwave Fusion. Through these tools, and with the intervention of SpiderLabs, Trustwave generates, enriches, and interprets essential data for decision-making, enabling organizations to establish effective security strategies.”
Frost & Sullivan noted that Trustwave has been growing at several times the market average for the last three years, becoming an Innovation leader in the 2024 Americas and EMEA MSS Frost & Sullivan Radar Report thanks to its technology development, investments, and comprehensive strategy. The analyst firm praised Trustwave's acquisition in January by the MC² Security Fund, an affiliate of the Chertoff Group, as a testament to Trustwave’s ongoing leadership and innovation in the industry year after year.
"Against this backdrop, Frost & Sullivan recognizes Trustwave for its valuable achievement," said Frost & Sullivan Chairman David Frigstad. "Moreover, this recognition is the result of many individuals (employees, customers, partners, and investors) making critical decisions every day to support the organization and contribute to its future. Frost & Sullivan enthusiastically acknowledges and celebrates their contributions."
Frost & Sullivan was complimentary of Trustwave's expansive regional coverage and business model, which sees the company deal directly with large, enterprise-level entities while using an extensive network of channel partners to reach mid-market and small businesses. Because of this ample coverage, Trustwave needs to be able to help distinct organizations with extremely varied needs. The company can do this thanks to a combination of an expert team of cybersecurity professionals, a wide portfolio of managed and professional services, and its state-of-the-art proprietary platform, Trustwave Fusion.
Read the full Frost & Sullivan Company of the Year report here.
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/.
