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Red Canary MDR vs ReliaQuest GreyMatter comparison

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Binary Defense Logo

Binary Defense MDR

Read 13 Binary Defense MDR reviews
1,532 views|179 comparisons
100% willing to recommend
Red Canary Logo

Red Canary MDR

Read 5 Red Canary MDR reviews
3,864 views|2,011 comparisons
100% willing to recommend
ReliaQuest Logo

ReliaQuest GreyMatter

816 views|690 comparisons
Comparison Buyer's Guide
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Buyer's Guide
Managed Detection and Response (MDR)
April 2024
Executive Summary

We performed a comparison between Red Canary MDR and ReliaQuest GreyMatter based on real PeerSpot user reviews.

Find out what your peers are saying about CrowdStrike, Arctic Wolf Networks, Huntress and others in Managed Detection and Response (MDR).
To learn more, read our detailed Managed Detection and Response (MDR) Report (Updated: April 2024).
Download the complete report
768,857 professionals have used our research since 2012.
Featured Review
Anonymous User
It monitors the latest threats and gives me a broader perspective of what's hitting us
We already have Microsoft security, which does a great job, but Binary Defense provides an additional layer of protection. I like having a third... Read more →
Solomon Lesko
Provides near real-time alert reviews, allowing for quick response to security events
Red Canary MDR has sped up our ability to receive alerts when there is a security event.
Use ReliaQuest GreyMatter?
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pricing and Cost Advice
  • "The solution's price is spot on; if anything, it's slightly below the norm for most services. Compared to building the same team internally, it would cost more to create the same amount of capability than what we get from an external team. Price-wise, Binary Defense is in a great spot."
  • "From the initial cost that Binary Defense came in with, we pared it down quite a bit over the course of 30 or 60 days. My leadership would say that their cost was high, but realistically, they were in line with the market."
  • "The pricing is on target. Working with their sales team on pricing negotiations was a pleasant process. They were very respectful of the constraints we had and I feel that we're paying a fair price."
  • "It's valued at the right price. Even with the number of endpoints we have, we don't feel that it's a lot more than any competitor. In fact, it might be less expensive when you look at the fact that you're getting a full flex SOC out of it along with the tools."
  • "Binary Defense has changed its pricing model from being primarily based on the volume of data to one based on escalations and incidents they handle."
  • "Binary Defense MDR is priced competitively and may be slightly lower than CrowdStrike."
  • "After we acquired this platform, we met with a number of different vendors. Binary Defense came in with a proposal that was surprisingly affordable. In fact, we were able to recoup the cost of their services within a short period of time. This is because Binary Defense is able to provide the same level of security as a team of two or three in-house analysts but at a fraction of the cost. As a result, Binary Defense is saving us an estimated $250,000 to $300,000 per year."
  • "The pricing isn't that bad, it's very competitive. I don't feel that it's over-priced and I don't feel that it's under-priced."

    • More Binary Defense MDR Pricing and Cost Advice →

  • "I have not compared Red Canary to other solutions to know if the price is high or low. However, I have found the price of this solution fair and reasonable, it cost approximately $100 per year, per device. If they could provide the solution for $50 per year, per device, it would be better."
  • "The price of Red Canary MDR is inlined with competitors. The price is reasonable."
  • "The solution could vary in price depending on how many endpoints a company has."
  • "Red Canary MDR I use is an open-source tool."

    • More Red Canary MDR Pricing and Cost Advice →

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    Questions from the Community
    What do you like most about Binary Defense MDR?
    Top Answer:The most valuable feature is reviewing tickets and the notes added by technicians.
    Read all 9 answers   →
    What is your experience regarding pricing and costs for Binary Defense MDR?
    Top Answer:Binary Defense is fairly priced. I would say that Binary Defense is flexible in negotiating and tailoring a solution… more »
    Read all 9 answers   →
    What needs improvement with Binary Defense MDR?
    Top Answer:The only area I see for improvement with Binary Defense is their service portal. It could benefit from some… more »
    Read all 9 answers   →
    What do you like most about Red Canary MDR?
    Top Answer:The most valuable feature of the solution is its automation part.
    Read all 5 answers   →
    What is your experience regarding pricing and costs for Red Canary MDR?
    Top Answer:Red Canary MDR I use is an open-source tool.
    Read all 5 answers   →
    What needs improvement with Red Canary MDR?
    Top Answer:Red Canary MDR generates a lot of output, so it would be good if, in the end, it generates a summary of all the previous… more »
    Read all 5 answers   →
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    Comparisons
    Also Known As
    Binary Defense Vision, Binary Defense Managed Detection and Response, Binary Defense Managed Detection & Response
    Red Canary Managed Detection and Response
    Learn More
    Binary Defense
    Red Canary
    ReliaQuest
    Overview

    Binary Defense provides a Managed Detection and Response service using an Open XDR strategy that detects and isolates threats early in the attack lifecycle. Expert security analysts in the Binary Defense Security Operations Center leverage an attacker’s mindset, monitoring your environments for security events 24x7x365 and acting as an extension of your security teams. When a security event occurs, Binary Defense analysts triage, disposition, and prioritize the event. Analysts conduct full kill chain analysis and supply tactical and strategic mitigation recommendations to your security team with the goal of increasing your organization’s security posture against the latest adversary threats.

    Visit us online at https://www.binarydefense.com

    Red Canary is a leader in managed detection and response (MDR). We serve companies of every size and industry, focusing on finding and stopping threats before they can have a negative impact. As the security ally for nearly 1,000 organizations, we provide MDR across our customers’ cloud workloads, identities, SaaS applications, networks, and endpoints. For more information about Red Canary, visit: https://www.redcanary.com.

    ReliaQuest GreyMatter unifies security tools for visibility across layers, aggregated alerting, faster investigation and response, bolstered by proactive threat hunting and attack simulation to continually improve your posture, all wrapped with security advisory expertise for accelerating key initiatives.

    Sample Customers
    Securitas USA, Black Hills Energy, Lincoln Electric,The J.M. Smuckers Company, New York Community Bank, State of Connecticut, NCR
    DuPont, Quanta Services, Microchip Technology, Hopkins Public Schools, Henny Penny, Schumacher Homes
    Information Not Available
    Top Industries
    REVIEWERS
    Manufacturing Company33%
    Wholesaler/Distributor8%
    Insurance Company8%
    Energy/Utilities Company8%
    VISITORS READING REVIEWS
    Computer Software Company17%
    Healthcare Company8%
    Financial Services Firm8%
    Manufacturing Company7%
    VISITORS READING REVIEWS
    Educational Organization19%
    Computer Software Company13%
    Manufacturing Company7%
    Financial Services Firm7%
    VISITORS READING REVIEWS
    Computer Software Company20%
    Financial Services Firm9%
    Retailer8%
    Manufacturing Company7%
    Company Size
    REVIEWERS
    Small Business31%
    Midsize Enterprise31%
    Large Enterprise38%
    VISITORS READING REVIEWS
    Small Business36%
    Midsize Enterprise19%
    Large Enterprise45%
    VISITORS READING REVIEWS
    Small Business25%
    Midsize Enterprise34%
    Large Enterprise41%
    VISITORS READING REVIEWS
    Small Business21%
    Midsize Enterprise19%
    Large Enterprise61%
    Buyer's Guide
    Managed Detection and Response (MDR)
    April 2024
    Download Free Report
    Find out what your peers are saying about CrowdStrike, Arctic Wolf Networks, Huntress and others in Managed Detection and Response (MDR). Updated: April 2024.
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    768,857 professionals have used our research since 2012.

    Red Canary MDR is ranked 11th in Managed Detection and Response (MDR) with 5 reviews while ReliaQuest GreyMatter is ranked 29th in Managed Detection and Response (MDR). Red Canary MDR is rated 9.2, while ReliaQuest GreyMatter is rated 0.0. The top reviewer of Red Canary MDR writes "An open-source tool that offers great automation capabilities". On the other hand, Red Canary MDR is most compared with CrowdStrike Falcon Complete, Arctic Wolf Managed Detection and Response, Expel Workbench, Rapid7 MDR and Secureworks Taegis ManagedXDR, whereas ReliaQuest GreyMatter is most compared with Arctic Wolf Managed Detection and Response, Deepwatch, Expel Workbench, CrowdStrike Falcon and CRITICALSTART.

    See our list of best Managed Detection and Response (MDR) vendors.

    We monitor all Managed Detection and Response (MDR) reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.