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Red Canary vs ReliaQuest GreyMatter comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

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

Categories and Ranking

Red Canary
Ranking in Managed Detection and Response (MDR)
11th
Average Rating
9.0
Reviews Sentiment
7.8
Number of Reviews
8
Ranking in other categories
Advanced Threat Protection (ATP) (23rd), Endpoint Detection and Response (EDR) (38th), Risk-Based Vulnerability Management (15th)
ReliaQuest GreyMatter
Ranking in Managed Detection and Response (MDR)
17th
Average Rating
9.6
Reviews Sentiment
8.1
Number of Reviews
2
Ranking in other categories
Digital Risk Protection (11th), Extended Detection and Response (XDR) (25th)
 

Mindshare comparison

As of August 2026, in the Managed Detection and Response (MDR) category, the mindshare of Red Canary is 2.2%, down from 3.7% compared to the previous year. The mindshare of ReliaQuest GreyMatter is 1.5%, down from 1.8% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Managed Detection and Response (MDR) Mindshare Distribution
ProductMindshare (%)
Red Canary2.2%
ReliaQuest GreyMatter1.5%
Other96.3%
Managed Detection and Response (MDR)
 

Featured Reviews

Anthony Tuhame - PeerSpot reviewer
Information Technology Manager at Everseen
Continuous threat monitoring has strengthened our endpoint protection and reduced false positives
Key improvements I would like to see include fewer false positives. I understand that almost all EDR or cybersecurity platforms cannot be 100 percent accurate, but I need to see fewer false positives. Another thing I want to see is improved threat detection accuracy. I want them to improve their AI and investigations and implement a faster investigation process. I would recommend them to invest heavily in machine learning. I would also recommend introducing onboarding calls before someone purchases the software because we faced a challenge whereby we had no idea about how to install it in our system. We had to rely on documentation and support, but if they could offer onboarding calls, it would be great.
MK
Senior Security Analyst at Tata Consultancy
Unified security monitoring has reduced alert fatigue and improves proactive threat hunting
I use real-time monitoring in ReliaQuest GreyMatter, which significantly improves my security posture. The unified interface helps reduce alert fatigue. I would estimate it saves around 20% in alert fatigue reduction. The automated threat hunting capabilities in ReliaQuest GreyMatter help me stay ahead of threats. The machine learning algorithm benefits my threat intelligence by providing deeper insights and predictions. I use various metrics to rate the success of the predictive threat intelligence in ReliaQuest GreyMatter.

Quotes from Members

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

Pros

"Red Canary has positively impacted my organization because I don't have to spend and hire resources to look at logs, which has enabled us to do much more in terms of improving security across the organization."
"Red Canary has impacted our organization positively by managing our security endpoints and being able to detect threats before they impact us negatively."
"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."
"Red Canary has impacted my organization positively because we treat any ticket triggered by them as high priority due to the fact that 99 percent of the time it is a true positive."
"The solution works well for what we use it for and the support and protection are good."
"I am satisfied with this solution and it is very competitive with other similar EDR or MDR solutions because it provides very impressive information about the root cause of the threat, such as malware."
"The near real-time review translates into near real-time action. So, in addition to alerting, Red Canary MDR has response playbooks built out."
"I recommended Red Canary to my friends who work in other organizations."
"ReliaQuest GreyMatter saves around 60% of time or resources."
"ReliaQuest GreyMatter has helped us to reduce security incidents by 89%, which is a significant amount of incidents we have seen."
 

Cons

"The price could always be better."
"The most valuable feature of Red Canary MDR is the overall threat protection it provides."
"I wish Red Canary could have a graph that shows the endpoint, user, and how it spreads, providing a visual representation to easily identify what happened."
"Key improvements I would like to see include fewer false positives. I want them to improve their AI and investigations and implement a faster investigation process."
"I would like there to be an on-premise version of this solution for our data centers because of the proliferation of online threats."
"Red Canary's pricing spectrum may not be ideal for smaller financial institutions."
"In general, the solution currently fails to provide a summary to its users."
"Red Canary can be improved by continuing to add new features and capabilities to what they are looking at, including the types of data they're looking at and the types of systems that they're integrating with."
"Areas that have room for improvement include user interface and integration."
 

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."
"Red Canary MDR I use is an open-source tool."
"The solution could vary in price depending on how many endpoints a company has."
Information not available
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Top Industries

By visitors reading reviews
Financial Services Firm
9%
Construction Company
8%
Manufacturing Company
8%
Computer Software Company
7%
Financial Services Firm
10%
Manufacturing Company
10%
Construction Company
7%
Retailer
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business6
Midsize Enterprise1
Large Enterprise3
No data available
 

Questions from the Community

What needs improvement with Red Canary MDR?
I wish Red Canary could have a graph that shows the endpoint, user, and how it spreads, providing a visual representation to easily identify what happened.
What is your primary use case for Red Canary MDR?
My main use case for Red Canary is that a Red Canary analyst monitors our logs, and if they see any abnormality, they create a ticket that we use to analyze the situation. We assign that ticket and...
What needs improvement with ReliaQuest GreyMatter?
Areas that have room for improvement include user interface and integration.
What is your primary use case for ReliaQuest GreyMatter?
I use ReliaQuest GreyMatter for detection and response, XDR, and SIEM. The best features I like about GreyMatter the most are its efficiency and user experience.
 

Also Known As

Red Canary Managed Detection and Response (MDR)
No data available
 

Overview

 

Sample Customers

DuPont, Quanta Services, Microchip Technology, Hopkins Public Schools, Henny Penny, Schumacher Homes
Information Not Available
Find out what your peers are saying about Red Canary vs. ReliaQuest GreyMatter and other solutions. Updated: June 2026.
908,344 professionals have used our research since 2012.