After
entering the market at Black Hat 2023, Radiant Security has announced significant
demand for its AI-powered SOC analyst. The company's first year success
includes adding more than two dozen customer organizations looking to boost
security analyst productivity, detect more real attacks and greatly reduce
incident remediation times. Radiant also closed its first seven-figure deal
within the first year of entering the SecOps market.
"Our
early successes are a testament to the Radiant team and its fierce dedication
to providing customers with the strongest, most effective AI SOC analysts
possible," said Shahar Ben-Hador, CEO and co-founder of Radiant Security. "It
is also evidence of the urgent need for change within the cybersecurity sector.
For too long, security analysts have been asked to fight evolving threats with
outdated technologies and operate at a disadvantage, due to time-consuming
tasks and a lack of transparency. Our mission is to turn the SOC on its head,
disrupting the tired norms of manual incident investigation using AI-based
automation to help SOC analysts respond faster and with more precision."
Radiant's
AI SOC analysts emulate the investigation techniques and processes of seasoned
human analysts to automate more than 80% of tier-1 SOC work, such as alert
triage and investigation. This new approach to SOC automation uses generative
AI to help customers find more real attacks using existing detection signals,
respond to incidents rapidly, and eliminate a backlog of work. By removing the
manual triage and investigation bottleneck from the security operations
workflow, Radiant provides better outcomes than previous generations of
security automation tools like SOAR without the playbooks or maintenance
overhead inherent to those solutions.
"Innovation
in AI SOC tools has led to new ‘agentic' approaches that mimic human analyst
methods to automatically perform SOC work," said Chris Steffen, VP of research
at Enterprise Management Associates. "As this emerging application of AI
continues to evolve, its ability to address long-standing issues in SOCs like
heavy workloads, capacity shortfalls, and the dynamic nature of SOC work, will
only increase. Forward-thinking CISOs looking to enhance SOC productivity,
improve resource allocation, and increase analyst morale and retention should
consider adopting this tech."
Modern
SOCs are struggling with incredibly poor signal-to-noise ratios. They don't
lack true-positive signals of attacks but rather, the ability to identify and
act on them at scale.
This is where Radiant's AI is transformative - enabling the investigation of
every security alert, and pinpointing the crucial alerts that represent real
attacks, so SOCs can conduct deep inspections, and accurately automate their
containment and response. This approach significantly reduces mean time to
repair (MTTR), ensuring incidents are addressed before
becoming breaches.
"By
emulating and replicating the knowledge, experience, decision-making,
techniques and processes of a human analyst, our AI-powered SOC analyst gets to
a similar outcome," said Ben-Hador. "More importantly, however, we're shifting
the central role of the human analyst from doing the work to reviewing
the work, and that's how our customers are realizing true productivity
benefits."
In
addition to Radiant‘s customer success, the company celebrated these milestones
in its first year:
Customer
and Partner Growth
- Radiant
Security continues to expand its strong position in the emerging AI SOC
analyst space, establishing strongholds in critical markets like the
United States, LATAM and Asia.
- Radiant
also added strategic channel partnerships with industry heavyweights like
TD Synnex, Optiv and Guidepoint, expanding the company's reach and
distribution expertise.
Industry
Recognition
- Recognized
in three separate categories in the 2024 Cybersecurity Excellence Awards
program, including "Best Cybersecurity Startup," "Best AI Security
Solution" and "Best SOC Automation Solution," highlighting
Radiant Security's AI-powered SOC Analyst as a significant leap forward in
SOC management, advancing threat detection and response capabilities using
AI.
- 2024 Global
InfoSec Awards names Radiant Security "Most Innovative AI Security
Analyst," "Hot Company in Incident Response" and "Trailblazing
Company in SecOps-as-a-Service."
- 2024
Fortress Cybersecurity Awards names Radiant Security as the "Best
Incident Response Solution."
- CRN names Radiant
Security among Top 10 "Hottest Security Startups of 2023."
- Fortune Magazine
includes Radiant Security in the Fortune Cyber 60, a listing of the
hottest, fastest growing cybersecurity companies of 2023.
- Gartner Research named
Radiant Security in its 2023 Gartner® Emerging Tech Impact
Radar: Security Report
Product
Innovation
- Radiant Security
expanded use case coverage of its AI SOC analyst to include all the major
buckets of work in the SOC, including email, identity, endpoint, network,
cloud, data loss prevention, custom SIEM correlation alerts, operational
technology (OT), and more.
- Radiant also created an intuitive new way for users to
influence the AI outcomes and workflows of its analysts.
Industry-Leading
Investors and Partners
- Radiant
Security secured a $15 million Series A investment from Next47 and
existing investors - Lightspeed Venture Partners, Acrew Capital,
Uncorrelated Ventures and Jibe Ventures - to help expand its go-to-market
and engineering capabilities.
- Finally, the
company welcomed General Advance as a new investor in its vision and
innovative approach to solving security challenges.