The analyst-recognized MDR leader announced an expanded leadership team, critical security innovations, advanced research and new industry alliances in 2024.
CLEVELAND, Feb. 4, 2025 /PRNewswire-PRWeb/ — Binary Defense, the trusted Managed Detection and Response (MDR) and enterprise defense provider, is positioned for exceptional growth in 2025, fueled by strategic leadership appointments and the enhanced capabilities of its innovative product offerings. Despite industry challenges in 2024, the company’s strong executive team, customer commitment and award-winning threat detection capabilities delivered record achievements in sales, strategic alliances, and research and development.
Binary Defense delivers robust protection through early detection and remediation of advanced threats. Poised for significant growth in 2025, the company is set to unveil major updates to its MDR platform in the coming months.
Demand for Binary Defense’s core services — including MDR, threat hunting, phishing response and digital risk protection — has surged as corporate security teams face escalating threats from ransomware-as-a-service (RaaS) campaigns, AI-driven social engineering, supply chain attacks and geopolitically motivated actors.
As part of the continued success and growth at Binary Defense, significant investments continue to be made in the areas of executive leadership, threat research and threat hunting teams, and new security technologies for early detection and remediation.
“Binary Defense has achieved remarkable success over the last year, driven by our cutting-edge capabilities and unwavering commitment to customer success,” said David Kennedy, Co-Founder and Chief Hacking Officer of Binary Defense. “During this time, the company launched several critical security innovations, including AI-powered threat detection and managed deception. With the momentum we’ve built in 2024, we are prepared to tackle this dynamic cyber threat ecosystem head-on and empower our clients with even stronger defenses in 2025.”
Expanded Leadership Team
A top-notch leadership team has been key to Binary Defense’s strong momentum. Over the past year, the company boosted its executive ranks with several strategic appointments, including:
Kris Wayman, Field CTO: For over a decade, Kris has led critical efforts in threat hunting, attack prevention and tackling complex security challenges, along with key roles at managed and cloud service providers. At Binary Defense, he leverages his expertise to understand customers’ unique security needs and deliver tailored solutions to protect their critical assets.
Moe Askar, Senior Vice President of Channel and Alliances: With extensive expertise in cybersecurity and strategic partnerships from his time as Vice President at Sophos, Moe is focused on positioning Binary Defense as the go-to partner for tackling complex cybersecurity challenges.
Nick Sorenson, Vice President of Marketing: A seasoned cybersecurity marketing leader with 15 years of industry experience, Nick has guided the go-to-market strategies and brand building for multiple pure-play MDR providers. In his new role, he is driving efforts to amplify Binary Defense’s market presence and influence.
This strategic expansion underscores Binary Defense’s commitment to strengthening its leadership and market presence. OJ Cherry, Chief Sales Officer, emphasized the significance of these additions: “I’m seriously pumped to welcome this incredible crew to Binary Defense! This is a huge moment for us, and these leaders are exactly who we need to share the Binary Defense story. All three have amazing experience and talent but most importantly they are truly good people who care. They care about the message, the Channel and our customers. Big moves ahead, and this is just the beginning!”
Product & Research Milestones
Binary Defense introduced a suite of innovative product updates and advanced capabilities, specifically engineered to counter the latest and most pressing cyber threats targeting business networks.
“Binary Defense has always been known for having strong technical capabilities and success stopping adversaries. Now customers also have the benefit of seamless integration with Binary Defense Platform as part of the service, with the added protection of the BDVision Agent that stops attacks where other technologies fall short,” said Jason Vest, Chief Technology Officer. The company enhanced BDVision, its cutting-edge MDR Agent, with AI-driven threat detection, managed deception and EDR bypass detection. BD also launched MDR Plus, featuring patent-pending malware disruption and seamless telemetry configurability for real-time threat intelligence updates, along with the Binary Defense Platform, a centralized interface that improves visibility, simplifies customer consumption of MDR services integrating seamlessly with third-party tools including EDR and SIEM.
It also launched ARC Labs, an advanced research group focused on identifying emerging threats and providing actionable intelligence. Within months, ARC Labs uncovered a China-Nexus Threat Actor exploiting AIX servers in a shadow IT exploitation campaign targeting the U.S. aerospace supply chain.
Industry Recognition
As a leading MDR service provider, the company received several analyst recognitions, including: A Notable Provider in Forrester’s Managed Detection and Response Services Landscape, Q3 2024, and Representative Vendor in Gartner® Market Guide for Managed Detection and Response for the sixth consecutive year. It was also a finalist in the Trust Award category for Best Threat Detection Technology at the 2024 SC Awards and featured in the MES Midmarket 100 list for its cutting-edge MDR solution.
For the fifth year running, Binary Defense ranked on the Inc. 5000 list, securing No. 54 in Security and No. 66 in Ohio among America’s fastest-growing private companies. Additional honors include Top Workplaces 2024 recognition from cleveland.com and The Plain Dealer, along with multiple 2024 Culture Excellence Awards from Energage.
Partnerships and Alliances
Binary Defense secured key partnerships with Aon as its exclusive MDR provider for SMEs and Fortress SRM to deliver enhanced cybersecurity services to mid-market and small enterprises.
It also reinforced its commitment to better cybersecurity in professional sports through its ongoing partnership with the Cleveland Browns (featured on CNBC) and a new sponsorship of PGA TOUR golfer Michael Kim as its official Brand Ambassador for 2024–2025.
Looking Ahead to 2025
With an attacker-focused strategy, powered by expert SOC analysts, threat hunters and counterintelligence teams, Binary Defense delivers robust protection through early detection and remediation of advanced threats. Poised for significant growth in 2025, the company is set to unveil major updates to its MDR platform in the coming months.
Forrester does not endorse any company, product, brand, or service included in its research publications and does not advise any person to select the products or services of any company or brand based on the ratings included in such publications. Information is based on the best available resources. Opinions reflect judgment at the time and are subject to change. For more information, read about Forrester’s objectivity here.
ABOUT BINARY DEFENSE
Binary Defense is a trusted leader in security operations, supporting companies of all sizes to proactively monitor, detect and respond to cyberattacks. Recognized by top analyst firms, the company offers a personalized Open XDR approach to Managed Detection and Response, advanced Threat Hunting, Digital Risk Protection, Phishing Response, and Incident Response services, helping customers mature their security program efficiently and effectively based on their unique risks and business needs.
With a world-class 24/7 SOC, deep domain expertise in cyber, and award-winning technology, hundreds of companies across every industry have entrusted Binary Defense to protect their business operations. Binary Defense gives companies actionable insights within minutes not hours, the confidence in their program to be resilient to ever-changing threats, and the time back that matters most to their business. Binary Defense is also the Trusted Cybersecurity Partner of the Cleveland Browns and partners with PGA TOUR players. For more information, visit our website, check out our blog, or follow us on LinkedIn.
Media Contact
Ryan Platten, Binary Defense, 1 800-246-2792, ryan.platten@binarydefense.com, https://www.binarydefense.com/
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SOURCE Binary Defense
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