Kroll expands dedicated Cyber Risk offer in wake of Redscan acquisition

Redscan will join Kroll under the leadership of Andrew Beckett (managing director and head of the EMEA Cyber Risk practice) and Marc Brawner (managing director and global head of managed services). Redscan’s CEO Mike Fenton, COO Gubi Singh and CTO Mark Nicholls will all remain with the firm, playing key roles to drive growth for the combined Cyber Risk team globally.

Redscan has been recognsied for its high-quality services, including its proprietary cloud native MDR solution which correlates events and intelligence from an array of leading telemetry sources including those from VMWare Carbon Black, Crowdstrike, AlienVault and LogRhythm plus cloud providers such as AWS, Google Cloud and Microsoft. 

Additionally, the company provides bespoke assessment services including CREST-accredited penetration testing, red teaming and vulnerability scanning.

Jason Smolanoff, managing director and global leader of Cyber Risk at Kroll, stated: “Detecting and responding to cyber threats can be an overwhelming challenge for any size of company. Most lack adequate tools, skills and staff to quickly triage and confidently respond. We’ve built Kroll Responder to instantly augment companies’ capabilities with elite investigators and threat intelligence. The Redscan acquisition will enable us to become even more efficient and ingest a wider variety of data sources in order to deliver even greater visibility and assurance.”

Managed security offerings

Redscan’s UK-based team and Security Operations Centre further enhance Kroll’s existing managed security offerings in the EU, providing opportunities for expanded compliance with the General Data Protection Regulation. 

With Redscan, Kroll will enhance its ability to incorporate front line threat intelligence from handling over 2,700 cyber security incidents per year to monitor, hunt and remediate incidents on behalf of Kroll Responder clients. 

As part of Kroll, the Redscan team will receive robust support to accelerate their technology roadmap and refine their detection engine with Kroll’s front line threat intelligence.

Mike Fenton observed: “Merging Redscan’s innovative culture and leading managed security services with Kroll’s unparalleled incident response experience and end-to-end cyber risk management capabilities allows us to provide a unique global offering. This combination will build fantastic value for our clients who will benefit from a global team of world-class seasoned experts monitoring their environments and an expanded platform from which to grow our proprietary technology capabilities.”

Complex challenges

Jacob Silverman, CEO of Kroll, explained: “The acquisition of Redscan perfectly complements the new chapter we’ve entered under our Kroll brand, reinforcing our commitment to supporting our clients’ most complex challenges. Together, our operational professionals will harness the power of technology and their deep expertise to provide clarity and cyber resilience for myriad clients, in turn solidifying our position at the forefront of cyber security solutions. I very much look forward to building on this mandate with our expanded global Cyber Risk team.”

In addition to the acquisition, Cyber Risk will now become its own business unit, with Jason Smolanoff (global head of Cyber Risk) reporting directly to Silverman. Subsequent to the acquisition of Redscan, Kroll’s Cyber Risk team now numbers over 450 professionals in 17 countries worldwide.