You could stand up a security operations center (SOC) alone, but at what risk? And at what cost? Today’s modern threat landscape is increasingly complex and building the infrastructure to meet this challenge at scale can be costly. Rather than build, maintain, and scale a SOC alone, partnering with a trusted security partner like Secureworks is not only more cost-effective, it’s simply more effective.
“We're paying the same money to Secureworks as we would pay an engineer or analyst to work 8 hours a day, but we get 24-hour coverage. Plus, we had 40 hours of incident response offsite capabilities. Having someone we can call to walk through issues with us is a nice feature to have.”-Information security and compliance leader, retail
To better understand the benefits, costs, and risks, we commissioned Forrester Consulting to conduct a Total Economic Impact™ (TEI) study. Through customer interviews, data insights and financial analysis, Forrester’s study concludes that organizations using Secureworks® Taegis™ ManagedXDR achieved a 413% return on investment (ROI) over three-years and a net present value (NPV) of $2.9 Million with payback in less than 3 months.
Forrester interviewed customers using ManagedXDR in the retail, healthcare, high-tech, and financial services industry as the basis for the report to help them better understand the benefits, costs, and risks. These customers were looking to overcome key challenges, such as aging legacy solutions like security information and event management (SIEMs), insufficient internal expertise for threat detection, and security software deployed without a comprehensive plan.
Forrester Consulting designed a composite organization based on the characteristics of the four organizations interviewed. Next, Forrester constructed a financial model that is used to present the aggregate financial analysis using the TEI methodology, based on four fun ..
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