Google Cloud Enables CrowdStrike For Mandiant Incident Response And Managed Detection And Response Service, Strategic Partnership To Transform AI-Native Cybersecurity
Portfolio Pulse from Benzinga Newsdesk
CrowdStrike (NASDAQ:CRWD) has expanded its strategic partnership with Google Cloud to enhance Mandiant's Incident Response (IR) and Managed Detection and Response (MDR) services. This collaboration leverages the CrowdStrike Falcon platform and Google Cloud Security Operations platform, focusing on Endpoint Detection and Response (EDR), Identity Threat Detection and Response (ITDR), and Exposure Management solutions. The partnership aims to address the 75% increase in cloud intrusions over the past year by providing a holistic, AI-powered security solution that simplifies protection across multi-cloud and multi-vendor environments.
May 09, 2024 | 3:01 pm
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CrowdStrike's expanded partnership with Google Cloud to power Mandiant's IR and MDR services could enhance its market position in cybersecurity, potentially leading to increased demand for its services.
The partnership enhances CrowdStrike's offerings with Google Cloud's AI capabilities, addressing the significant increase in cloud intrusions. This strategic move could attract more customers seeking advanced cybersecurity solutions, positively impacting CRWD's stock in the short term.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
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Google Cloud's partnership with CrowdStrike, enhancing Mandiant's IR and MDR services, could strengthen its position in the cloud security market, potentially leading to increased adoption of its cloud services.
By integrating CrowdStrike's cybersecurity solutions with its cloud platform, Google Cloud addresses a critical market need for enhanced security. This could lead to greater adoption of Google Cloud services, positively affecting GOOGL's stock in the short term.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 80