NEW YORK, October 10, 2024 — Kyndryl (NYSE: KD), the world’s largest IT infrastructure services provider, today announced it has been named a top five market share leader in cyber resilience services in a new report titled “Cyber Resiliency: Market Size & Market Position Study” (June 2024). Commissioned by Kyndryl, the report was conducted by 451 Research, part of S&P Global Market Intelligence.
“The cyber resilience market — which lies at the confluence of the managed security services, the storage, backup and recovery, and the security consulting markets — is headed toward being a $100 billion sector next year, according to the study,” said Eric Hanselman, Chief Analyst, Data and Insights for S&P Global Market Intelligence. “Building business resilience into cyber operations is vital if we are to anticipate risks in order to ensure the necessary mitigations and controls are in place and sufficient to protect critical business services.”
“Kyndryl is proud to be named a leader in cyber resilience services market share, further demonstrating our ability to deliver comprehensive security and resilience services to our global customers at scale,” said Kris Lovejoy, Global Security & Resiliency Leader, Kyndryl. “Today, organizations’ IT systems are essential to their business operations. Through Kyndryl’s extensive capabilities, we help customers integrate cyber resilience into their systems so they can protect against external threats and be resilient from disruptions.”
451 Research evaluated more than 1,200 services providers across the managed security, security consulting, and storage, backup and recovery markets. This research was comprised of firms providing services that include managed detection and response, security incident detection and response, endpoint security, disaster recovery, backup, archiving, security design and deployment, integration and assessment services.
Learn more information at Kyndryl Cyber Resilience Services.
About Kyndryl
Kyndryl (NYSE: KD) is the world’s largest IT infrastructure services provider, serving thousands of enterprise customers in more than 60 countries. The company designs, builds, manages and modernizes the complex, mission-critical information systems that the world depends on every day. For more information, visit www.kyndryl.com.
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press@kyndryl.com
