SECURITY ORCHESTRATION MARKET ANALYSIS

Key Developments

• In April 2023, Cycode, a leader in software supply chain security, unveiled its new Application Security Orchestration and Correlation (ASOC) solution. This innovative platform accelerates software delivery by implementing consistent, automated, and non-disruptive security controls within development pipelines. It offers security and development teams comprehensive visibility into their tools, unifies alerts on a single platform, and consolidates all notifications to streamline threat management.
• In April 2023, D3 Security, a provider of security orchestration, automation, and response (SOAR) solutions, launched a new version of its Smart SOAR platform. This updated solution is designed to assist managed security service providers (MSSPs) and managed detection and response (MDR) providers in automatically responding to threats and remediating security incidents.
• In March 2023, IBM, a leader in cloud and AI technology, partnered with Cohesity, a prominent data security and management provider, to enhance organizations' data security and reliability in hybrid cloud environments. This collaboration is centered around the development of IBM Storage Defender, an innovative solution designed to utilize AI and event monitoring across various storage platforms. It aims to protect organizations' data layers from threats such as ransomware, human error, and cyberattacks, all through a unified interface.
• In February 2023, Morado Intelligence, a veteran-owned threat intelligence company that helps clients with their cyber threat intelligence and security operations optimization needs, partnered with Cyware, a leading provider of low-code SOAR and threat intelligence automation solutions for businesses, MSSPs/MDRs, ISACs, and ISAOs. The primary objective of this partnership is to enable Morado's impressive list of clients to effectively leverage Cyware's advanced threat intelligence and security orchestration, automation, and response (SOAR) modules. This will allow Morado's clients to efficiently ingest, enhance, analyze, and respond to threat data using Cyware's cutting-edge technology platform.