Binary Defense MDR vs Red Canary comparison

Binary Defense and Red Canary are both solutions in the Managed Detection and Response (MDR) category. Binary Defense is ranked #7 with an average rating of 9.3, while Red Canary is ranked #14 with an average rating of 9.0. Binary Defense holds a 0.6% mindshare in MDR, compared to Red Canary’s 4.2% mindshare. Additionally, 100% of Binary Defense users are willing to recommend the solution, compared to 100% of Red Canary users who would recommend it.

Binary Defense MDR

Read 16 Binary Defense MDR reviews

2,472 Views
204 Comparison Views

100% willing to recommend

Red Canary

Read 4 Red Canary reviews

3,132 Views
1,791 Comparison Views

100% willing to recommend

Binary Defense MDR

Red Canary

Comparison Buyer's Guide

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Executive SummaryUpdated on Dec 3, 2024

Binary Defense MDR and Red Canary are competing in the managed detection and response category. Binary Defense MDR holds an advantage in pricing, while Red Canary stands out with its comprehensive feature set, offering greater potential value.

Features: Binary Defense MDR provides proactive threat detection with robust threat intelligence and customized alerting. It excels in flexible integration with existing tools and is customizable to meet specific needs. Red Canary offers a comprehensive threat analysis platform with strong integration capabilities, emphasizing automation and detailed reporting features.

Room for Improvement: Binary Defense MDR could improve automation in threat response and expand its integration capabilities. Enhancing dashboard intuitiveness could also benefit users. Red Canary might focus on streamlining pricing structures and enhancing flexibility in its integration with third-party applications. Increased customization in threat intelligence could add further value.

Ease of Deployment and Customer Service: Binary Defense MDR offers a streamlined deployment process and ongoing support focused on customer accessibility. Red Canary provides a flexible deployment model and is known for its exemplary customer service and responsiveness, ensuring a smooth customer experience.

Pricing and ROI: Binary Defense MDR is favored for its competitive setup cost, delivering substantial value at an attractive price. Red Canary, while potentially more expensive, is perceived to offer a higher ROI due to its advanced features and comprehensive capabilities.

To learn more, read our detailed Binary Defense MDR vs. Red Canary Report (Updated: March 2025).

Buyer's Guide

Binary Defense MDR vs. Red Canary

March 2025

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Helped 842,466 peers since 2012

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Categories and Ranking

Binary Defense MDR

Ranking in Managed Detection and Response (MDR)

7th

Average Rating

9.2

Reviews Sentiment

7.7

Number of Reviews

Ranking in other categories

No ranking in other categories

Red Canary

Ranking in Managed Detection and Response (MDR)

14th

Average Rating

9.0

Reviews Sentiment

7.9

Number of Reviews

Ranking in other categories

Advanced Threat Protection (ATP) (24th), Endpoint Detection and Response (EDR) (43rd), Risk-Based Vulnerability Management (15th)

Mindshare comparison

As of March 2025, in the Managed Detection and Response (MDR) category, the mindshare of Binary Defense MDR is 0.6%, up from 0.4% compared to the previous year. The mindshare of Red Canary is 4.2%, down from 4.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Managed Detection and Response (MDR)

Featured Reviews

Rich Ullom

AVP, IT Security Compliance and Audit/Information Security Officer at Western Reserve Group

Worth the money, fantastic communication, and fast service with an average response time of about four minutes on an alert

This is my third SOC. I have never had anybody react as well. So, it's hard for me to provide something that they could do better because I'm really happy with them. I just signed another three-year contract with them. I don't find any downside to them, but if I have to put one, it would be consistent manpower or staffing. The only area where the solution can be improved is going to be with people. As they grow, they are struggling with the same thing that every other company is, which is getting talent and getting that talent to stay, but they've just revised their tiering system to go from a flat analyst and manager to a three-tier solution where it goes through two or three before it gets elevated. That seems to have worked out well, so if one level misses it, the next one picks it up, and it works out fine. Consistent staffing is the only challenge they have because when you're hiring level-one analysts, you go through them pretty quickly. You'll probably hire them at 50K or 55K, and after they do it for a year, they find out they can make 85K somewhere else, and they bounce. So, their turnover is a little high, but that's it.

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Sagar Shekhar

Cyber Security Analyst at TIAA

An open-source tool that offers great automation capabilities

Red Canary MDR generates a lot of output, so it would be good if, in the end, it generates a summary of all the previous attacks and what was the outcome of a single attack, especially so that it becomes easy for the user to see the summary and analyze the whole thing. In general, the solution currently fails to provide a summary to its users.

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Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros

"The customization has been the most valuable aspect and was really the reason we ended up selecting Binary Defense. They worked with us to provide exactly the level of support, features, response, and collaboration we needed."

"The case interface is Binary Defense MDR's most valuable feature."

"The best part about Binary Defense MDR is that it runs on everything, and they keep an eye on things 24/7."

"In the six months we have been with Binary Defense on this, they run with the ball. They take care of our problems. When we get a ticket, they do not just give us a report."

"The most valuable features are the SIEM and the ticketing function; the latter is very smooth and easy to read and understand. We don't have any issues looking at the ticketing information when we're trying to identify what's going on."

"The speed at which their services are reactive is valuable. Nowadays, when a threat hits an endpoint, you've got minutes, not hours or days. Their average response time is about four minutes on an alert. For anything that needs to be sent to us, it's about fourteen minutes, which is pretty good. They're the third SOC that I've used in fifteen years. By far, they are the quickest ones to act. When you're looking at prevention, that's a key factor."

"The biggest aspect for us is that they are able to conform to our environment and utilize our tools. That way, we still maintain ownership of all the data and access to the applications, and we never lose control of the ability to run the solution ourselves if we need to."

"The most valuable feature is reviewing tickets and the notes added by technicians."

More Binary Defense MDR pros

"The most valuable feature of the solution is its automation part."

"The valuable features of this solution are it integrates well with different EDR software, such CrowdStrike, and Carbon Black, and the information it provides is helpful."

"The near real-time review translates into near real-time action. So, in addition to alerting, Red Canary MDR has response playbooks built out."

"The solution works well for what we use it for and the support and protection are good."

Cons

"It's sometimes difficult to know when to engage Binary Defense or TrustedSec, their sister company. TrustedSec is more focused on offensive security, as opposed to the defensive security that the MDR solution provides. It would be awesome if there were a better bridge between that relationship for when we need to get more proactive services or when we need to do a penetration test."

"The current reporting system could benefit from improvement."

"The only area for improvement that I can think of relates to statistical analysis for SLAs. They are in the middle of moving to a new product called D3 which is going to do some backend work for them. I know they are working to improve some of the help desk statistics, such as the time the tickets open and the time they are closed."

"Binary Defense MDR could be even better with additional features, like automatic scans and file quarantine."

"The most significant area for improvement is in support for non-English speakers; we're a global organization, so many of our users are not English speakers, which can make interacting with them a challenge. There's no Chinese language support, so we must rely on what we can do with the internet. We don't expect Binary Defense to build a language staff, but details can get lost in translation when we assume the whole world speaks English."

"The only area I see for improvement with Binary Defense is their service portal. It could benefit from some enhancements."

"If I were shopping for an MDR solution today, I would not only look for a company that has the ability to alert, detect, and remediate, but also the ability to integrate vulnerability management. That's a big thing that they're lacking today."

"It's hard to think of anything that they need to improve on, but just to point out something, I would like to see them provide advanced XDR."

More Binary Defense MDR cons

"In general, the solution currently fails to provide a summary to its users."

"The most valuable feature of Red Canary MDR is the overall threat protection it provides."

"The price could always be better."

"I would like there to be an on-premise version of this solution for our data centers because of the proliferation of online threats."

Pricing and Cost Advice

"From the initial cost that Binary Defense came in with, we pared it down quite a bit over the course of 30 or 60 days. My leadership would say that their cost was high, but realistically, they were in line with the market."

"After we acquired this platform, we met with a number of different vendors. Binary Defense came in with a proposal that was surprisingly affordable. In fact, we were able to recoup the cost of their services within a short period of time. This is because Binary Defense is able to provide the same level of security as a team of two or three in-house analysts but at a fraction of the cost. As a result, Binary Defense is saving us an estimated $250,000 to $300,000 per year."

"The pricing is very good. They are definitely competitive and they were lower at the time that we went with them."

"It has been good. We have saved money, and we have a better product."

"The pricing is on target. Working with their sales team on pricing negotiations was a pleasant process. They were very respectful of the constraints we had and I feel that we're paying a fair price."

"It's valued at the right price. Even with the number of endpoints we have, we don't feel that it's a lot more than any competitor. In fact, it might be less expensive when you look at the fact that you're getting a full flex SOC out of it along with the tools."

"Binary Defense has changed its pricing model from being primarily based on the volume of data to one based on escalations and incidents they handle."

"Binary Defense MDR is priced competitively and may be slightly lower than CrowdStrike."

More Binary Defense MDR pricing and cost advice

"The solution could vary in price depending on how many endpoints a company has."

"Red Canary MDR I use is an open-source tool."

"I have not compared Red Canary to other solutions to know if the price is high or low. However, I have found the price of this solution fair and reasonable, it cost approximately $100 per year, per device. If they could provide the solution for $50 per year, per device, it would be better."

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Top Industries

By visitors reading reviews

Computer Software Company

17%

Healthcare Company

Financial Services Firm

Manufacturing Company

Educational Organization

17%

Computer Software Company

13%

Financial Services Firm

Manufacturing Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

What do you like most about Binary Defense MDR?

The most valuable feature is reviewing tickets and the notes added by technicians.

See all answers

What is your experience regarding pricing and costs for Binary Defense MDR?

It has been good. We have saved money, and we have a better product. We are a company that has become an enterprise from a small medium business in two years. Our company passed a certain dollar ma...

See all answers

What needs improvement with Binary Defense MDR?

We are going to have a meeting with them the following Monday. It will be our first quarterly business review. Half of it is going to be looking at new products and new functions that they are brin...

See all answers

What do you like most about Red Canary MDR?

The most valuable feature of the solution is its automation part.

See all answers

What is your experience regarding pricing and costs for Red Canary MDR?

Red Canary MDR I use is an open-source tool.

See all answers

What needs improvement with Red Canary MDR?

See all answers

Comparisons

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Compared 29% of the time

Arctic Wolf Managed Detection and Response vs Binary Defense MDR

Compared 19% of the time

Cortex XDR by Palo Alto Networks vs Binary Defense MDR

Compared 15% of the time

Darktrace vs Binary Defense MDR

Compared 15% of the time

SentinelOne Singularity Complete vs Binary Defense MDR

Compared 13% of the time

More Binary Defense MDR Competitors

Arctic Wolf Managed Detection and Response vs Red Canary

Compared 21% of the time

CrowdStrike Falcon Complete MDR vs Red Canary

Compared 20% of the time

Expel vs Red Canary

Compared 13% of the time

Huntress Managed EDR vs Red Canary

Compared 8% of the time

Rapid7 MDR vs Red Canary

Compared 6% of the time

More Red Canary Competitors

Product Reports

Buyer's Guide

Binary Defense MDR

March 2025

Download Binary Defense MDR product report

Buyer's Guide

Managed Detection and Response (MDR)

March 2025

Download Red Canary product report

Also Known As

Binary Defense Vision, Binary Defense Managed Detection and Response, Binary Defense Managed Detection & Response

Red Canary Managed Detection and Response (MDR)

Overview

Binary Defense provides a Managed Detection and Response service using an Open XDR strategy that detects and isolates threats early in the attack lifecycle. Expert security analysts in the Binary Defense Security Operations Center leverage an attacker’s mindset, monitoring your environments for security events 24x7x365 and acting as an extension of your security teams. When a security event occurs, Binary Defense analysts triage, disposition, and prioritize the event. Analysts conduct full kill chain analysis and supply tactical and strategic mitigation recommendations to your security team with the goal of increasing your organization’s security posture against the latest adversary threats.

Visit us online at https://www.binarydefense.com

Binary Defense

Red Canary Managed Detection and Response (MDR) offers robust threat detection, rapid response capabilities, continuous security monitoring, and seamless integration with existing tools. Valued for its actionable reporting and proactive threat intelligence, it streamlines operations and enhances organizational efficiency and security.

Red Canary

Sample Customers

Securitas USA, Black Hills Energy, Lincoln Electric,The J.M. Smuckers Company, New York Community Bank, State of Connecticut, NCR

DuPont, Quanta Services, Microchip Technology, Hopkins Public Schools, Henny Penny, Schumacher Homes

Buyer's Guide

Binary Defense MDR vs. Red Canary

March 2025

Free Report: Binary Defense MDR vs. Red Canary

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