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Adlumin Ranks Among Fastest-Growing Companies in North America on the 2023 Deloitte Technology Fast 500™

Security Operations Platform and Managed Detection and Response Provider Achieves 808% Revenue Growth Making Sophisticated Cybersecurity Attainable to Mid-Market Organizations

WASHINGTON – November 8, 2023Adlumin, the security operations platform and managed detection and response (MDR) provider keeping mid-market organizations secure, today announced it ranked No. 178 on the Deloitte Technology Fast 500™, a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year. Adlumin grew 808% during the evaluated three-year period, from 2019 to 2022.

“Improving cybersecurity to guard against increasingly sophisticated and persistent attackers has become imperative for every organization, regardless of size. Hackers are not just targeting big businesses or the government, and are putting midsized organizations – who don’t have the same resources to devote to cybersecurity – in a very difficult spot,” said Robert Johnston, CEO and co-founder of Adlumin. “Our tremendous growth is a testament to Adlumin’s ability to make sophisticated, enterprise-grade cybersecurity attainable to organizations that didn’t have the resources to achieve it before. We’re working hard alongside channel partners across the country, and expanding with partners across the world, to ensure every organization has the tools and support they need to stay secure.”

To continue accelerating its growth, Adlumin recently closed $70 million in series B funding. The company was also recognized as one of America’s fastest-growing private companies by Inc. Magazine, and earned a spot on The Information’s 50 Most Promising Startups list for 2023.

“Each year we look forward to reviewing the progress and innovations of our Technology Fast 500 winners. This year is especially celebratory as we expand the number of winners to better represent just how many companies are developing new ideas to progress our society and the world, especially during a slow economy,” said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader. “While software and services and life sciences continue to dominate the top 10, we are encouraged to see other categories making their mark. Congratulations to all the winners who show us how creativity, hard work and perseverance can lead to success.”

“As for growing companies, it’s always rewarding to be recognized for the ongoing commitment it takes to navigate obstacles, transform when necessary and ultimately create a thriving business,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s audit and assurance practice. “Over the nearly 30 years we’ve been compiling the Technology Fast 500, we’ve seen new categories emerge, growth rates explode, and certain regional markets shine from the bright talent they attract. We are proud of all the winners for achieving this well-deserved honor.”

Overall, the 2023 Technology Fast 500 companies achieved revenue growth ranging from 201% to 222,189% over the three-year time frame from 2019 to 2022, with an average growth rate of 1,934% and a median growth rate of 497%.

For more information about how Adlumin’s platform and services can provide organizations with a world-class Security Operations Center (SOC) without the cost of building one, visit https://adlumin.com/about/why-adlumin.

About the 2023 Deloitte Technology Fast 500

Now in its 29th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2019 to 2022.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

About Adlumin

Adlumin Inc. provides the enterprise-grade security operations platform and managed detection and response services that keep mid-market organizations secure. With one license and one platform, Adlumin’s patented technology and seamless integrations provide everything organizations need for effective threat hunting, incident response, vulnerability management, darknet exposure monitoring, compliance support, and more. Adlumin is feature-rich enough for organizations with in-house expertise to operate independently, yet purpose-built to enhance collaboration with and provide full, real-time visibility from trusted service providers. www.adlumin.com

Follow Adlumin: Twitter, LinkedIn, and Facebook.

About Deloitte

Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 8,500 U.S.-based private companies. At Deloitte, we strive to live our purpose of making an impact that matters by creating trust and confidence in a more equitable society. We leverage our unique blend of business acumen, command of technology, and strategic technology alliances to advise our clients across industries as they build their future. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Bringing more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte’s approximately 457,000 people worldwide connect for impact at www.deloitte.com.

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Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.

Adlumin Contact:
Mike Reilly
fama PR for Adlumin
adlumin@famapr.com

Explainer Video

Adlumin Inc. empowers security teams through a patented, cloud-native Security Operations Platform and Managed Detection and Response (MDR) offering built for corporate organizations that demand innovative cybersecurity solutions.

Cybersecurity Time Machine Series: Solutions Through the Years

By: Brittany Holmes, Corporate Communications Manager 

Cybersecurity has rapidly transformed in protecting valuable data and systems from malicious threat actors. From its inception as a simple notion of secure protocols to the complex and sophisticated solutions of the present day, the journey of cybersecurity has been nothing short of extraordinary.  

This year’s Cybersecurity Awareness Month’s theme celebrates 20 Years of Cybersecurity Awareness. In relevance, we took you through the evolution of threat actors over the past two decades in Cybersecurity Time Machine Series: The Evolution of Threat Actors to showcase the complexity of the threat landscape. Now, we explore the past 20 years’ advancement of cybersecurity solutions, tracking its progress through various stages and highlighting the milestones that have shaped its current landscape. 

Cybersecurity: The Early Years (2000-2005) 

A digital revolution was underway in the early years of the new millennium. This era saw the rise of antivirus software, emerging as the first line of defense against malicious software and cyber threats. This development was accompanied by firewalls, protecting the digital boundaries of networks and systems.  

However, understanding cyber threats and vulnerabilities was limited, exposing organizations to unknown dangers. Comprehensive cybersecurity strategies were absent within this landscape, leaving organizations struggling to navigate this deep digital landscape. These early years were marked by a race against time to understand and combat the threat landscape. 

Increased Awareness: Mid-2000s (2006-2010) 

In the mid-2000s, a sense of unease began to settle over the digital landscape. Organizations were becoming increasingly aware of the lurking threat of cyberattacks, launching a new era of caution and vigilance. As the world connected and information flowed freely on the Internet, the need for protection became essential. This is where there were intrusion detection systems, powerful gatekeepers that tirelessly monitored network traffic, searching for any signs of malicious intent.  

Simultaneously, encryption technologies created shields around sensitive data and communications. However, as defenses strengthened, so did the adversaries. Cybercriminals grew increasingly sophisticated, their tactics to match the advancing digital landscape. These developments raised the stakes. 

Introduction of Behavior-Based Threat Detection (2010-2015) 

Between 2010 and 2015, traditional reactive approaches were gradually replaced by innovative strategies to stay one step ahead of threat actors. With the introduction of behavior-based threat detection, security experts began analyzing patterns and anomalies to anticipate potential attacks, neutralizing them before any damage could occur.  

As technology advanced, cloud-based security solutions emerged as a game-changer, providing organizations with scalable, efficient, and cost-effective protection against rapidly changing threats. Machine learning and artificial intelligence brought a new era, empowering cybersecurity systems to continually learn, adapt, and predict potential vulnerabilities with uncanny accuracy.  

These developments heightened the level of defense and brought about a sense of assurance, as organizations were armed with proactive measures to safeguard their digital assets. With these advancements, the world of cybersecurity was forever transformed, nurturing a future where staying secure is no longer a question of luck but rather a matter of strategic planning and cutting-edge technology. 

Cybersecurity in Recent Years (2016-2020) 

Cybersecurity has witnessed significant advancements and transformations in recent years that have revolutionized how organizations approach data protection and privacy strategies. One crucial development that has taken center stage is the focus on endpoint security. With the rise of remote work and the spread of devices connected to corporate networks, organizations are investing in endpoint security solutions to safeguard their data from threats. 

However, not just endpoint security has gained traction. The importance of data protection has sparked a shift in how organizations handle and secure their sensitive information. In a world where data breaches and leaks regularly make headlines, organizations are under increasing pressure to implement strict data privacy policies and deploy protection mechanisms to safeguard customer and employee data. 

Additionally, the evolution of threat intelligence platforms has played a crucial role in cyber threats. These platforms actively collect, analyze, and interpret vast amounts of data from various sources, allowing organizations to stay one step ahead of cybercriminals. Machine learning, artificial intelligence, and threat intelligence platforms can promptly identify and respond to emerging cyber threats, minimizing potential damage and downtime. 

Examples of Solutions in Recent Years:

  • Endpoint Detection and Response (EDR): EDR continually monitors an endpoint (laptop, tablet, mobile phone, server, or internet-of-things device) to identify threats through data analytics and prevent malicious activity with rules-based automated response capabilities.
  • Managed Detection and Response (MDR): In response to a growing portfolio of security products, organizations turned to Managed Security Service Providers (MSSP) to manage these devices, update and patch systems, aggregate information, and provide frequent reporting. MSSPs manage devices, whereas customers also need a service to manage alerts, investigate threats, and contain attacks. MDR provides a turnkey combination of tools and security expertise to protect clients from cyber threats.
  • Extended Detection and Response (XDR): XDR collects security data from network points, operating systems logs, application logs, cloud services, endpoints, and other logging systems to correlate information and apply threat detection analytics to this data lake of information.  

To find the best solution for your organization, explore comparison guides like EDR vs. XDR vs. MDR: The Cybersecurity ABCs Explained 

Current and Future Cybersecurity Solution Trends (2021-Present) 

Several key cybersecurity solution trends are gaining traction as we move into the future. The adoption of zero-trust architecture is rapidly growing, with organizations realizing that traditional perimeter-based security is no longer sufficient. This approach focuses on granting access based on authentication and authorization, regardless of the user’s location or device, effectively minimizing the potential for breaches.  

Advanced analytics and automation tools are increasingly integrated to enhance threat detection and response capabilities. These technologies provide real-time insights into potential threats, allowing faster and more efficient incident response. Additionally, there is a noticeable shift towards decentralized cybersecurity, with organizations opting for distributed security measures instead of relying solely on centralized systems.  

The rise of emerging technologies like 5G and the Internet of Things (IoT) presents both opportunities and challenges for cybersecurity. While these technologies offer immense benefits, they also expand the attack surface, requiring security measures to be implemented alongside their deployment. The future of cybersecurity lies in these trends, allowing organizations to proactively protect their digital assets while harnessing the full potential of technology.  


Adlumin’s Spot the Lurker Challenge 

Unleash the power of knowledge and stand a chance to win big in the ‘Defeat the Lurker’ contest. Download Adlumin’s 2023 Threat Report Round-Up, shine a light on hidden threats and equip yourself with the tools to protect your network while entering for a chance to win amazing prizes. 


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The LifeLong Customer: Navigating Cybersecurity's Seas of Trust and Growth with Robert Johnston, CEO at Adlumin

Join host Brad Hammond in this episode of the Lifelong Customer podcast, as he dives into a conversation with Robert Johnston, CEO of Adlumin. A former Marine with a strong cybersecurity background, Robert shares the genesis of Adlumin and its transition from military operations to private sector entrepreneurship.

Explore the vital role of cybersecurity in today’s digital landscape and how Adlumin revolutionizes security operations with its unique command center approach. Robert discusses the company’s market niche and the effectiveness of a channel-based go-to-market strategy. Gain insights into Adlumin’s growth journey from humble beginnings to a significant industry player, all while prioritizing customer value.

This episode offers a wealth of advice, from navigating product-market fit challenges to transitioning from founder-led efforts to professional management—a must-listen for those navigating the complex waters of cybersecurity entrepreneurship.

Listen on Apple Podcasts or Spotify.

Adlumin Unveils Warranty and Cyber Insurance Offerings that Make Coverage Attainable and Affordable for Previously Unprotected Small and Mid-Sized Organizations

Adlumin Protection Plus Suite receives Cysurance Certification to Provide Low Friction Path to Complementary Financial Protection

WASHINGTON – September 12, 2023Adlumin, the security operations platform and managed detection and response (MDR) service provider keeping mid-market organizations secure, today announced a new warranty program that provides up to $500,000 of financial protection at no cost to customers who qualify. The warranty comes as a result of a third-party testing and certification program by Cysurance, a next-generation risk mitigation company that insures, warranties and certifies security solutions. The Cysurance Certification Program enables Adlumin to offer customers significant discounts on cyber insurance policies.

Together these new offerings provide a low-friction path to attaining complementary financial protection for small and mid-sized organizations who often struggle to find coverage that fits their needs. The Adlumin Protect Warranty enables organizations to qualify for cyber insurance at a lower premium, while also providing fast reimbursement in the event of an incident, and financial resources to support operations before an organization meets its cyber insurance deductible. For organizations covered by Adlumin Protect Warranty, approved payments or agreed remediation will begin 48 hours after verification of a cybersecurity incident.

“Skyrocketing cyber claims, growing security complexity and exploding insurance premiums are pricing small to mid-market organizations out of insurance protection, leaving them exposed to crippling financial impact of cyberattacks,” said Mark Sangster, cybersecurity author and Adlumin Chief of Strategy. “We founded Adlumin to give these organizations the enterprise-grade resources they need and deserve, and these new financial protections build another layer on top of the security operations platform, managed detection and response services, and incident response services we’re already providing. Partnering with an industry leader like Cysurance is one more way we’re bringing top-tier resources to organizations of all sizes.”

Organizations that subscribe to the Adlumin Protection Plus Suite automatically qualify for $500,000 in warranty coverage at no charge, and are eligible for significantly discounted cyber insurance premiums from Cysurance.

“We are in a challenging landscape for small and midsized organizations. Security spending, breaches, and insurance premiums are on the rise, but coverage is becoming more limited and difficult to obtain. Our mission at Cysurance is to verify the proficiency of security operations and expedite the path to coverage,” said Kirsten Bay, CEO at Cysurance. “Establishing certification and coverage for cybersecurity providers, like Adlumin brings a new level of sophistication and assurance to organizations of all sizes. Cysurance-certified providers meet the most stringent requirements demanded by underwriters of risks associated with hardware, software, infrastructure, and security services. That is why we can offer Adlumin customers a streamlined path to insurance coverage and discounted policies.”

Adlumin Protect is a low-friction certification warranty designed to safeguard Adlumin customers against business continuity and insure against loss, protecting their revenue and recovery. It builds on the company’s vision to provide a single platform that equips organizations with full visibility and the tools required to combat cybersecurity threats. For more information on Adlumin Protect Warranty, visit https://adlumin.com/resource/adlumin-protect-warranty/.

About Cysurance
Cysurance is a next-generation risk mitigation company that insures, warranties and certifies security solutions. Cysurance-certified partners meet the most stringent requirements demanded by underwriters of risks associated with hardware, software, infrastructure, and security services deployed by enterprises across all industries and geographies. Cysurance-certified offerings minimize vulnerabilities faced by public, private, and non-profit leaders. The company dynamically ensures adherence to the constantly evolving best practices for enterprise security, through an integrated ecosystem of solution providers who work seamlessly together to cost-effectively optimize the resilience of organizations. All insurance products and services are offered by Cysurance, a licensed producer.

About Adlumin
Adlumin Inc. provides the enterprise-grade security operations platform and managed detection and response services that keep mid-market organizations secure. With one license and one platform, its patented technology gives organizations and solution providers everything they need for effective threat hunting, incident response, vulnerability management, darknet exposure monitoring, compliance support and much more. www.adlumin.com

Follow Adlumin: Twitter, LinkedIn, and Facebook.

Adlumin Contact:
Mike Reilly
fama PR for Adlumin
adlumin@famapr.com