Redscan Cyber Security Limited

Redscan Cyber Security Limited, based in the UK, delivers sophisticated cybersecurity solutions to protect organizations from cyber threats, enhancing their resilience through expert services and technology-driven insights. Founded in 2002, Redscan Cyber Security Limited specializes in providing cybersecurity services. The company was acquired by Kroll Associates, Inc. in March 2021, with financial terms undisclosed.

CEO Mike Fenton, COO Gubi Singh, and CTO Mark Nicholls remain with the company post-acquisition. Headquartered in London, UK, Redscan has one notable deal recorded as of 2021. Redscan, a Kroll Business, specializes in comprehensive cybersecurity services designed to enhance organizational resilience against cyber threats. Their core offerings include Managed Detection and Response (MDR), Digital Forensics and Incident Response, and a suite of assessment services such as Penetration Testing and Red Teaming.

These services are tailored for a diverse clientele, including sectors such as finance, healthcare, retail, and government, ensuring coverage for organizations facing various security challenges. Redscan's solutions operate on The Redscan Platform™, which integrates threat intelligence and data enrichment to provide accurate, context-rich detections while automating incident response actions. Their services are implemented globally, reaching clients across North America, Europe, Asia-Pacific, and the Middle East, addressing cybersecurity needs in both regional and multinational contexts. In 2021, Redscan reported a revenue of USD 386.

77 mn and an EBITDA of USD -35. 46 mn. The company generates revenue primarily through B2B transactions, offering subscription-based services and consultancy agreements to its clients. Their Managed Detection and Response services, which include Kroll Responder, provide organizations with continuous monitoring and proactive threat hunting capabilities.

Clients typically engage in long-term contracts, ensuring ongoing support and access to Redscan's cybersecurity expertise. The company’s assessment and advisory services, including Virtual Chief Information Security Officer (CISO) offerings, are also essential revenue streams, with pricing plans structured to accommodate varying client needs and organizational sizes. Following the acquisition by Kroll Associates, Inc. in March 2021, Redscan plans to enhance its Kroll Responder capabilities to support cloud and on-premise telemetry sources.

The company aims to expand its presence in new markets, particularly in North America and Asia-Pacific, leveraging the resources of Kroll to achieve this goal. The recent acquisition is expected to facilitate these initiatives as Redscan continues to innovate and grow its cybersecurity service offerings.