ADT, a provider of security and automation solutions for homes and businesses in North America, announced the acquisition close of DATASHIELD, one of the country’s fastest growing cybersecurity companies. Now operating under the brand ADT Cybersecurity, this service is uniquely positioned to provide Enterprise and Mid-Market businesses with Managed Detection and Response (MDR) services to combat advanced cyberthreats in real-time. DATASHIELD CEO Michael Malone will join the ADT team as Senior Vice President, ADT Cybersecurity, reporting directly to Timothy J. Whall, CEO, ADT.
The security gap is widening as advanced threats continue to bypass the first line of defence, and many organisations are struggling to deploy, manage and use an effective combination of expertise and tools to detect advanced cyberthreats. Mid-Market and Enterprise organisations are increasingly finding the need for 24x7 managed and monitored cyber solutions to help detect and respond to cyberattacks. It is estimated that by 2020, approximately 20 percent of Mid-Market and Enterprise organisations will be using MDR services such as ADT Cybersecurity, up from less than 1 percent in 2016.
