Rapid7 MDR vs Red Canary comparison

Rapid7 and Red Canary are both solutions in the Managed Detection and Response (MDR) category. Rapid7 is ranked #17 with an average rating of 8.5, while Red Canary is ranked #11 with an average rating of 9.0. Rapid7 holds a 2.6% mindshare in MDR, compared to Red Canary’s 4.7% mindshare. Additionally, 100% of Rapid7 users are willing to recommend the solution, compared to 100% of Red Canary users who would recommend it.

Comparison Buyer's Guide

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Executive SummaryUpdated on Sep 19, 2024

Rapid7 MDR and Red Canary are robust Managed Detection and Response solutions. Rapid7 MDR is generally appreciated for its pricing and support, whereas Red Canary is favored for its superior features, making it worth the investment.

Features: Users highlight Rapid7 MDR's valuable features as automated threat detection and response, robust threat intelligence, and integration capabilities. For Red Canary, users emphasize advanced detection capabilities, excellent integration with existing tools, and proactive threat hunting.

Room for Improvement: Rapid7 MDR users call for enhanced reporting, more intuitive setup processes, and improved customer support availability. Red Canary users suggest refining the alerting mechanisms, providing more granular notification settings, and reducing false positives.

Ease of Deployment and Customer Service: Rapid7 MDR is praised for its straightforward deployment and responsive customer service. Users find Red Canary to deploy quickly due to its seamless integration with existing environments and commend its knowledgeable, dedicated support team.

Pricing and ROI: Users feel Rapid7 MDR is competitively priced, delivering strong ROI through its extensive feature set. Red Canary is regarded as a costlier option but justified by its superior threat detection and proactive stance, leading to high ROI.

To learn more, read our detailed Rapid7 MDR vs. Red Canary Report (Updated: September 2024).

Buyer's Guide

Rapid7 MDR vs. Red Canary

September 2024

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Categories and Ranking

Binary Defense MDR

Mindshare comparison

As of October 2024, in the Managed Detection and Response (MDR) category, the mindshare of Binary Defense MDR is 0.6%, up from 0.4% compared to the previous year. The mindshare of Rapid7 MDR is 2.6%, down from 2.8% compared to the previous year. The mindshare of Red Canary is 4.7%, up from 4.6% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Managed Detection and Response (MDR)

Featured Reviews

Rich Ullom

AVP, IT Security Compliance and Audit/Information Security Officer at Western Reserve Group

May 1, 2023

Worth the money, fantastic communication, and fast service with an average response time of about four minutes on an alert

This is my third SOC. I have never had anybody react as well. So, it's hard for me to provide something that they could do better because I'm really happy with them. I just signed another three-year contract with them. I don't find any downside to them, but if I have to put one, it would be consistent manpower or staffing. The only area where the solution can be improved is going to be with people. As they grow, they are struggling with the same thing that every other company is, which is getting talent and getting that talent to stay, but they've just revised their tiering system to go from a flat analyst and manager to a three-tier solution where it goes through two or three before it gets elevated. That seems to have worked out well, so if one level misses it, the next one picks it up, and it works out fine. Consistent staffing is the only challenge they have because when you're hiring level-one analysts, you go through them pretty quickly. You'll probably hire them at 50K or 55K, and after they do it for a year, they find out they can make 85K somewhere else, and they bounce. So, their turnover is a little high, but that's it.

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Oluwaseun Sonaike

Head, Networks and Security at First City Monument Bank Limited

Dec 20, 2023

Offers good integrations , very scalable and flexible and we can send as many logs as we want

We use it for our security and virtual center security. It helps us investigate incidents and physical issues We've filled in crucial gaps we had with our previous solution. This was a key factor in choosing Rapid7 during the selection process. The ROI is already starting to show, too. We saw…

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Sagar Shekhar

Cyber Security Analyst at TIAA

Jul 31, 2023

An open-source tool that offers great automation capabilities

My company uses Red Canary MDR to simulate MITRE ATT&CK, like spearphishing and updating domain names The most valuable feature of the solution is its automation part. If we have to perform MITRE ATT&CK, we have to do it step by step, wherein we have to run all the commands, while Red Canary MDR…

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Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros

"Binary Defense is comprehensive. We see most of the questionable activity. Once you see things a couple of times and are familiar with the processes, you know what those are. The level of activity is definitely favorable."

"Binary Defense has a human service department that provides live monitoring for our systems."

"The speed at which their services are reactive is valuable. Nowadays, when a threat hits an endpoint, you've got minutes, not hours or days. Their average response time is about four minutes on an alert. For anything that needs to be sent to us, it's about fourteen minutes, which is pretty good. They're the third SOC that I've used in fifteen years. By far, they are the quickest ones to act. When you're looking at prevention, that's a key factor."

"Binary Defense's most valuable feature is the 24/7 monitoring and threat hunting. Their team checks the latest breaches and how they're done."

"The case interface is Binary Defense MDR's most valuable feature."

"The most valuable feature is reviewing tickets and the notes added by technicians."

"The most valuable features are the SIEM and the ticketing function; the latter is very smooth and easy to read and understand. We don't have any issues looking at the ticketing information when we're trying to identify what's going on."

"The customization has been the most valuable aspect and was really the reason we ended up selecting Binary Defense. They worked with us to provide exactly the level of support, features, response, and collaboration we needed."

More Binary Defense MDR pros

"We've filled in crucial gaps we had with our previous solution. This was a key factor in choosing Rapid7 during the selection process. The ROI is already starting to show, too."

"The product allows us to customize our alerts."

"The valuable features of this solution are it integrates well with different EDR software, such CrowdStrike, and Carbon Black, and the information it provides is helpful."

"The near real-time review translates into near real-time action. So, in addition to alerting, Red Canary MDR has response playbooks built out."

"The most valuable feature of the solution is its automation part."

"The solution works well for what we use it for and the support and protection are good."

Cons

"We should be able to isolate devices faster. They should shorten the time between clicking on a device to contain it and carrying out the action. That would be a welcome improvement."

"The only area I see for improvement with Binary Defense is their service portal. It could benefit from some enhancements."

"While my understanding is that they're working on this, I would like to see some more of the quantification or reporting."

"We found that an earlier version of the agent had high memory usage and that was a bit concerning, but we raised the concern with their support team and they immediately replied that they had noticed the same thing and had a candidate fix already available... it totally fixed the issue."

"Binary Defense MDR could be even better with additional features, like automatic scans and file quarantine."

"I would like to get more reports from Binary Defense about what they're blocking."

"The most significant area for improvement is in support for non-English speakers; we're a global organization, so many of our users are not English speakers, which can make interacting with them a challenge. There's no Chinese language support, so we must rely on what we can do with the internet. We don't expect Binary Defense to build a language staff, but details can get lost in translation when we assume the whole world speaks English."

"I don't find any downside to them, but if I have to put one, it would be consistent manpower or staffing. The only area where the solution can be improved is going to be with people. As they grow, they are struggling with the same thing that every other company is, which is getting talent and getting that talent to stay, but they've just revised their tiering system to go from a flat analyst and manager to a three-tier solution where it goes through two or three before it gets elevated. That seems to have worked out well, so if one level misses it, the next one picks it up, and it works out fine."

More Binary Defense MDR cons

"There are potential improvements in reports and dashboards."

"The product should provide full transparency in security operations."

"The most valuable feature of Red Canary MDR is the overall threat protection it provides."

"I would like there to be an on-premise version of this solution for our data centers because of the proliferation of online threats."

"In general, the solution currently fails to provide a summary to its users."

"The price could always be better."

Pricing and Cost Advice

"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."

"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."

"The pricing is very good. They are definitely competitive and they were lower at the time that we went with them."

"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 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."

"Binary Defense MDR is priced competitively and may be slightly lower than CrowdStrike."

"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."

More Binary Defense MDR pricing and cost advice

"The product is not overly priced."

"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 solution could vary in price depending on how many endpoints a company has."

"Red Canary MDR I use is an open-source tool."

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Top Industries

By visitors reading reviews

Computer Software Company

18%

Healthcare Company

Manufacturing Company

Financial Services Firm

Computer Software Company

17%

Educational Organization

14%

Financial Services Firm

Manufacturing Company

Educational Organization

19%

Computer Software Company

13%

Manufacturing Company

Financial Services Firm

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

What do you like most about Binary Defense MDR?

The most valuable feature is reviewing tickets and the notes added by technicians.

See all answers

What is your experience regarding pricing and costs for Binary Defense MDR?

The pricing is very competitive; it's on par with or below others. For those sensitive to pricing, I'd advise that th...

See all answers

What needs improvement with Binary Defense MDR?

Sometimes, something may not install right; however, whenever we have challenges, they are very solution-oriented and...

See all answers

What do you like most about Rapid7 MDR?

We've filled in crucial gaps we had with our previous solution. This was a key factor in choosing Rapid7 during the s...

See all answers

What is your experience regarding pricing and costs for Rapid7 MDR?

We have a very nice pricing. It is flexible.

See all answers

What needs improvement with Rapid7 MDR?

There are potential improvements in reports and dashboards.

See all answers

What do you like most about Red Canary MDR?

The most valuable feature of the solution is its automation part.

See all answers

What is your experience regarding pricing and costs for Red Canary MDR?

Red Canary MDR I use is an open-source tool.

See all answers

What needs improvement with Red Canary MDR?

Red Canary MDR generates a lot of output, so it would be good if, in the end, it generates a summary of all the previ...

See all answers

Comparisons

Darktrace vs Binary Defense MDR

Compared 24% of the time

CrowdStrike Falcon vs Binary Defense MDR

Compared 23% of the time

SentinelOne Singularity Complete vs Binary Defense MDR

Compared 21% of the time

Arctic Wolf Managed Detection and Response vs Binary Defense MDR

Compared 18% of the time

Cortex XDR by Palo Alto Networks vs Binary Defense MDR

Compared 15% of the time

More Binary Defense MDR Competitors

CrowdStrike Falcon Complete MDR vs Rapid7 MDR

Compared 28% of the time

Sophos MDR vs Rapid7 MDR

Compared 14% of the time

Secureworks Taegis Managed XDR / MDR vs Rapid7 MDR

Compared 12% of the time

ReliaQuest GreyMatter vs Rapid7 MDR

Compared 9% of the time

Arctic Wolf Managed Detection and Response vs Rapid7 MDR

Compared 8% of the time

More Rapid7 MDR Competitors

CrowdStrike Falcon Complete MDR vs Red Canary

Compared 31% of the time

Arctic Wolf Managed Detection and Response vs Red Canary

Compared 24% of the time

Expel vs Red Canary

Compared 11% of the time

BlueVoyant CORE vs Red Canary

Compared 5% of the time

ReliaQuest GreyMatter vs Red Canary

Compared 5% of the time

More Red Canary Competitors

Product Reports

Buyer's Guide

Binary Defense MDR

October 2024

Download Binary Defense MDR product report

Buyer's Guide

Managed Detection and Response (MDR)

September 2024

Download Rapid7 MDR product report

Buyer's Guide

Managed Detection and Response (MDR)

September 2024

Download Red Canary product report

Also Known As

Binary Defense Vision, Binary Defense Managed Detection and Response, Binary Defense Managed Detection & Response

Rapid7 Managed Detection and Response

Red Canary Managed Detection and Response (MDR)

Learn More

Binary Defense

Rapid7

Red Canary

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

Standing up an effective detection and response program isn’t as simple as buying and implementing the latest security products. It requires a dedicated SOC, staffed with highly skilled and specialized security experts, and 24/7 vigilance using the best technology to ensure stealthy attackers have nowhere to hide. Creating such a program can be expensive, difficult to maintain, and provides limited assurance that you’ve advanced your overall security. Rapid7 MDR is built from the ground up to help security teams of all sizes and security experiences strengthen their security posture, find attackers, and stay ahead of emerging threats. Our MDR service uses a combination of security expertise and technology to detect dynamic threats quickly across your entire ecosystem, providing the hands-on, 24/7/365 monitoring, proactive threat hunting*, effective response support, and tailored security guidance needed to stop nefarious activity and help you accelerate your security maturity.

Red Canary Managed Detection and Response (MDR) offers robust threat detection, rapid response capabilities, continuous security monitoring, and seamless integration with existing tools. Valued for its actionable reporting and proactive threat intelligence, it streamlines operations and enhances organizational efficiency and security.

Sample Customers

Securitas USA, Black Hills Energy, Lincoln Electric,The J.M. Smuckers Company, New York Community Bank, State of Connecticut, NCR

Landmark Health, NISC, Resimac, Starr Companies

DuPont, Quanta Services, Microchip Technology, Hopkins Public Schools, Henny Penny, Schumacher Homes

Buyer's Guide

Rapid7 MDR vs. Red Canary

September 2024

Free Report: Rapid7 MDR vs. Red Canary

Find out what your peers are saying about Rapid7 MDR vs. Red Canary and other solutions. Updated: September 2024.

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