EDEN PRAIRIE, Minn.–(BUSINESS WIRE)–arctic wolf®, a leading provider of security operations, today announced it has completed the acquisition of Tetra Defense, Inc. a leading incident response company.
Arctic Wolf already offers best-in-class threat monitoring, detection, and response capabilities. The addition of Tetra Defense’s incident response and threat intelligence capabilities will strengthen the Arctic Wolf platform’s ability to collect extensive security telemetry, manage incidents, and initiate rapid response and recovery actions. The acquisition of Tetra Defense expands Arctic Wolf’s leading portfolio of security operations, including Managed Detection and Response, Cloud Detection and Response, Managed Risk and Managed Security Awareness® solutions, with Incident Readiness and Response as a new solution. With Tetra Defense capabilities, Arctic Wolf will continue to expand its Security Operations platform to securely deliver many critical outcomes across the Security Operations Framework, proactively protecting existing customers from threats and helping new customers who have been breached do so, faster to get back in business. As a result, Arctic Wolf will continue to advance its mission to end cyber risk by reducing the likelihood and impact of cyber attacks.
Security teams struggle with 24×7 threat monitoring and the skills and expertise needed to detect, respond to, and remediate security incidents while operating in the highest threat environment. By combining Arctic Wolf’s existing solutions with Tetra Defense, Arctic Wolf is able to lead the industry in providing the broadest coverage across the entire cybersecurity framework. Customers benefit from improved security before, during and after an incident. By incorporating Tetra Defense’s wealth of real-world data and threat intelligence into the Arctic Wolf Security Operations platform, the company will be even more effective in reducing the likelihood and impact of a cyberattack. Both Arctic Wolf and Tetra Defense share a commitment to ensuring long-term customer outcomes and ending cyber risk for the organizations they serve. By joining forces, they can significantly accelerate the delivery of these outcomes throughout the security lifecycle.
Tetra Defense was one of the first Incident Response (IR) companies to introduce recovery and recovery into its services, a capability that has become hugely important in the age of ransomware. Most IR firms focus on single incident resolution, an approach that often leaves organizations continually vulnerable to future attacks without longer-term cyber risk mitigation strategies in place. Tetra Defense takes a radically different approach by offering established cyber preparedness and response to help organizations minimize the likelihood of cyber incidents and post-break programs such as recovery and recovery to ensure the long-term durability of the defense of the ensure organization. Another example of Tetra Defense innovation is their MyCyber technology, an application tool that customers use to understand and track cyber hygiene practices that help them reduce their exposure to cyber incidents and breaches.
Built on an open XDR architecture, the cloud-native Arctic Wolf platform processes over 1.6 trillion security events weekly from endpoints, networks, clouds, authentication and human attack surfaces to the company’s data warehouse, which supports over 2,300 customers worldwide , to continuously enrich. Tetra Defense will bring new insights and telemetry to Arctic Wolf’s data pipeline, enabling the company to better protect organizations at every stage of their security journey. As a result, Arctic Wolf customers will benefit from the evolution to the Security Operations Cloud with rapid response programs, unique threat intelligence, and contextual data on the latest ransomware risks and other attack techniques.
“Tetra Defense has nearly 100 elite security investigators who work in partnership with industry-leading insurance and risk management organizations to respond to hundreds of incidents annually. The company has established itself as the leading expert in incident preparedness and response, ransomware response, business email breach investigation, and proactive security services delivered through its SYTE software platform,” said Nick Schneider, President and Chief Executive Arctic Wolf officers. “With Tetra Defense’s advanced digital forensics and investigative expertise, we are adding powerful capabilities for customers looking for breach preparedness and response services – all delivered seamlessly through the Arctic Wolf platform and concierge delivery model.”
“Being a part of Arctic Wolf’s global footprint provides tremendous opportunities to advance our mission and protect organizations from the devastating effects of cyber threats,” said Scott Holewinski, Tetra Defense Chief Executive Officer. “Arctic Wolf has built an impressive track record of explosive growth and an outstanding reputation for its industry-leading security capabilities, and we’re excited to join the wolf pack to collectively better serve customers in this rapidly evolving threat landscape.”
Tetra Defense has established itself as the partner of choice for cyber insurance companies looking for a reliable, fast and innovative incident response company to assist their clients with a cyber incident. As part of Arctic Wolf, Tetra Defense will enhance its remediation services through Arctic Wolf’s vendor-agnostic Security Operations platform, providing greater service capacity and international incident response services. In addition, the acquisition provides joint risk management partners with enhanced security intelligence and access to a wide range of loss prevention services.
Tetra Defense not only covers a wide range of proactive and reactive security services specializing in breach preparedness and response, but has also developed a unique information management technology specifically designed to facilitate the exchange of information between critical stakeholders from discovery to to manage the remediation process. The SYTE platform is designed for risk management partners and clients to organize, track and deliver a best-in-class cyber claims experience.
Tetra Defense has established itself as the partner of choice for cyber insurance companies looking for a reliable, fast and innovative incident response company to assist their clients during a breach. The company will operate as a subsidiary of Arctic Wolf, with Scott Holewinski joining the team as Senior Vice President and General Manager of Incident Response.
About arctic wolf:
Arctic Wolf® is a global leader in security operations, providing the first cloud-native platform for security operations to end cyber risk. Powered by threat telemetry spanning endpoints, networks, and cloud sources, the Arctic Wolf® Security Operations Cloud collects and analyzes more than 1.6 trillion security events around the world weekly, enabling critical findings for most security use cases and optimizing Customers . Now deployed by more than 2,300 customers worldwide, the Arctic Wolf® platform provides automated threat detection and response at scale, empowering organizations of all sizes to deploy world-class security operations at the push of a button.
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