Trustwave was named a Major Player in the IDC MarketScape: Worldwide Cybersecurity Consulting Services 2024 Vendor Assessment (doc # US50463223, March 2024).
The report noted “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.”
"Small to large enterprises at varying levels of maturity should consider Trustwave because it has a comprehensive diagnostic and pragmatic approach toward cybersecurity, “the IDC MarketScape noted. “In addition, organizations should consider Trustwave when priorities include skills crisis, security strategy/road map development, addressing security complexities, and cyber-resilience needs."
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 and access to the 400+ documents derived directly from real-life consulting engagements with clients on Trustwave Security Colony.
"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 IDC MarketScape noted. "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."
IDC defines cybersecurity consulting services as professional services activities that help organizations plan, design, assess, or transform across their cybersecurity practice. In the scope of this particular IDC MarketScape study, the cybersecurity consulting services include strategy, planning, program transformation, architecture assessment, design services, and cyber resilience consulting.
“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.
IDC MarketScape Recognizes Trustwave's Strengths
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 that gives clients instant access to the tools, frameworks, and 400+ documents derived directly from real-life consulting engagements with clients.
The IDC MarketScape also noted:
- 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.
- IDC's Worldwide Cybersecurity Consulting Services Survey respondents gave Trustwave positive remarks for delivering work that achieves business and technology objectives; key assets, tools, and frameworks used in the engagement; and value-added services.
