Visa taps US security operations provider Expel for MDR capabilities

Visa has partnered with security operations provider Expel to enhance its clients’ cybersecurity by leveraging Expel’s managed detection and response (MDR) solution, aiming to detect and respond to cyber threats more efficiently.

Facts

  • Visa has joined forces with Expel, a security operations provider headquartered in Virginia, to improve clients’ cybersecurity defenses against cyber threats.
  • Visa plans to utilize Expel’s MDR solution, which boasts the ability to reduce alert-to-response times to minutes, to help clients identify incoming cyber risks aligned with their critical assets.
  • Expel’s solution combines external intelligence, current threat techniques, and trends to expose vulnerabilities in businesses. It is compatible with various attack surfaces, including cloud, on-premises, Software-as-a-Service (SaaS) applications, and Kubernetes.
  • According to IBM’s findings, businesses lose over $4 million per year due to cybercrime. Visa’s global head of risk and identity solutions, James Mirfin, acknowledges the need for comprehensive security solutions in the face of evolving threats.
  • The partnership with Expel will enable Visa to offer a more holistic security offering to its clients, addressing their cyber risk management needs.
  • Dan Webb, VP of global channel sales and alliances at Expel, believes the integration will provide Visa customers with actionable insights and reduce the time spent investigating threats.
  • Initially, Visa will offer the solution to clients in the US and Canada, with plans to expand its availability globally, although the exact timeline is not specified.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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