Kyndryl Targets $47B Managed Security Services Market with End-to-End Security Capabilities

Kyndryl (NYSE: KD), the world’s largest IT infrastructure services provider, today announced that it has significantly expanded the services it offers to enable enterprise customers to quickly detect and effectively respond to and recover from cyberattacks.

Kyndryl’s new end-to-end security operations capabilities and services will enable the Company’s more than $2 billion (annual revenue) Security & Resiliency practice to expand its presence in the $47 billion global market for managed cybersecurity services (projected for 2025).

Cyberattacks on traditional security operations are becoming more frequent, damaging customer reputations, impacting their finances, and often causing operational shutdowns. Kyndryl is moving fast to help customers address this problem by offering a differentiated set of services that provide flexibility, along with complementary capabilities from its growing ecosystem of partners, to help customers modernize and fortify their security operations.

“The one-size fits all Security Operations Center no longer works. Today, too many organizations struggle with tools that are not configured, monitored, or connected to the systems that detect real alerts from false positives. Even with greater awareness of the need to reduce the number of tools and connect the ones that are needed, the continuing talent shortage hamstrings these well-intentioned efforts,” said Craig Robinson, Research Vice President at IDC. “CISOs and CIOs will appreciate the flexible approach that Kyndryl is offering with their expanding security operations services, while Chief Compliance Officers will appreciate their expanding global presence that helps to address the growing number of data sovereignty regulations.”

Kyndryl’s modular Security Operations as a platform features a centralized and unified management system and enables customers to retain existing security technology and delivery investments while fortifying their operations. The new services are delivered through global centers that validate the data handled in specific locations to help customers meet compliance and data processing requirements.

"We created an industry-leading portfolio of Kyndryl security services that are specifically built for the modern needs of cybersecurity teams by incorporating flexibility at the core," says Kris Lovejoy, Global Practice Leader for Kyndryl's Security & Resiliency practice. "Traditional security operations centers and platforms typically are rigid - they often implement a one-size-fits-all approach and don't adapt to the changing needs of the business. Our Security Operations as a platform centralize existing security investments, utilize hybrid teams, and continuously adapt for the changing threat landscape."