CrowdStrike (NASDAQ: CRWD) shares popped Tuesday, on the announcement of its new Services Partner Program, empowering global system integrators (GSIs), managed service providers (MSPs) and managed security service providers (MSSPs) to accelerate CrowdStrike Falcon® Next-Gen SIEM adoption. Leading services partners including Deloitte, Echelon, eSentire, NETbuilder, Wipro and more are choosing Falcon Next-Gen SIEM to drive business growth with CrowdStrike.
“As cyberattacks grow in speed and sophistication,” read this morning’s news release, “the cybersecurity skills gap continues to widen. Organizations increasingly rely on services providers for the expertise needed to turn technological transformation into operational reality—developing strategy, deploying technology and managing security operations against evolving threats.”
SIEM technology, according to the release, is the backbone of security operations, but legacy solutions—with high operational costs, slow data ingestion, complex workflows, delayed searches and limited data retention—can no longer meet the demands of the modern SOC. Falcon Next-Gen SIEM changes that by combining Falcon platform and third-party data, real-time threat intelligence and AI-driven automation to accelerate threat detection and response.
With this disruptive technology, services partners can help organizations replace outdated systems, streamline security and IT data management and stop breaches.
“As all CrowdStrike customers are fully equipped to leverage the Next-Gen SIEM capabilities in the platform, the demand for our services partners to help transform existing SIEM deployments has never been higher. We are seizing this opportunity to create meaningful growth for our partners,” said Tom Etheridge, chief global services officer at CrowdStrike.
CRWD jumped $15.62, or 4.7%, Tuesday to $388.26.
