SISA has been recognized as a Major Player in the IDC MarketScape: Asia/Pacific Managed Security Services 2024 Vendor Assessment (doc #AP51571224, September 2024). We believe SISA earned this recognition for its exceptional Managed Extended Detection and Response (MXDR) solution, built on a cutting-edge Open XDR platform. We further believe this recognition reflects SISA’s innovative approach, robust capabilities, and customer-centric strategy in the managed security services (MSS) domain.

The IDC MarketScape is a trusted framework designed to guide tech buyers in selecting MSS providers that not only address pressing cybersecurity concerns but also enhance business resilience, support digital transformation, and drive long-term value through continuous innovation.

Key highlights from the IDC MarketScape on why SISA was recognized:

1. “Clients prefer SISA when they require comprehensive MDR/MXDR solutions and services. SISA’s focus on security monitoring and anomaly detection has been instrumental in safeguarding clients’ architectures, consistently demonstrating a deep understanding of specific security needs.”

2. “Partnering with SISA for MDR services allows organizations to avoid the significant expenses associated with building and maintaining a full-fledged security operations center. SISA’s team of security professionals offers extensive expertise in managed SIEM, TH, incident management, PCI assessment, and forensics.”

3. “Clients value the team’s professionalism, responsiveness, and innovative solutions, finding them supportive and ready to address issues swiftly. The effective use of AI/ML in SISA’s MDR platform further enhances threat detection and response capabilities, making SISA a preferred choice for organizations seeking to enhance their security measures.”

We believe SISA’s recognition in the IDC MarketScape highlights its journey as in managed security services, driven by AI-first innovations and a relentless focus on client success. With a commitment to enhancing cybersecurity for the digital payments industry, SISA continues to redefine the standards for threat detection, compliance, and overall resilience.

Dharshan Shanthamurthy, Founder & CEO of SISA, commented: “We believe being recognized as a Major Player in the IDC MarketScape for Asia Pacific Managed Security Services is a significant milestone that reflects our unwavering commitment to meeting our customers’ needs. In today’s era of expanding attack surfaces and increasingly complex, AI-driven threats, businesses require security solutions that are not only proactive and effective but also enable them to focus on growth. At SISA, we’ve spent over 18 years building expertise across the Asia/Pacific and MEA regions, delivering an AI-powered MXDR solution that offers more than just protection. It empowers organizations to stay ahead of evolving threats while reducing cyber risk through a streamlined, cost-effective, and holistic approach. What sets us apart is our emphasis on building teams of highly skilled security analysts who bring unmatched expertise to every engagement. We believe this recognition validates the dedication of our team and our vision to provide businesses with the critical edge they need to navigate an ever-changing threat landscape”.

According to the report, “The managed security services (MSS) market in the Asia/Pacific region has undergone significant transformation over the past two years, driven by the rise of advanced cybersecurity threats and the need for more sophisticated, scalable security solutions.” SISA’s approach emphasizes staying ahead of these trends, ensuring its services evolve with the increasing complexity of cybersecurity challenges while meeting specific client needs.

Mahendran Chandramohan, VP of the MXDR Business Unit, stated, “We believe this recognition highlights our unwavering commitment to innovation and driving value for our customers. Delivering superior threat detection, enabling seamless compliance, and maximizing ROI on cybersecurity investments are at the core of our mission at SISA. We further believe this recognition highlights our product’s ability to provide integrated solutions that unify tools, streamline operations, and adapt effortlessly to evolving infrastructures and cloud migrations. By leveraging advanced AI-driven threat detection and compliance management, we empower businesses to navigate the complexities of the ever-evolving threat landscape and build resilience.”

The IDC MarketScape evaluated 22 MSS providers in the competitive Asia/Pacific market, assessing their capabilities and strategies through client interviews and references, detailed RFIs and direct discussions and industry surveys with risk management professionals.

About IDC MarketScape:

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.

About SISA:

SISA is a global forensics-driven cybersecurity solutions company for the digital payments industry, trusted by leading organizations for securing their businesses with robust preventive, detective, and corrective cybersecurity solutions. SISA’s problem-first, human-centric approach helps businesses strengthen their cybersecurity posture. SISA applies the power of forensic intelligence and advanced technology to offer true security to 2,000+ customers across 40+ countries.