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Securing Magnaflux’s Intellectual Property with Gradient Cyber’s MXDR

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Industry

Saas, CRM, Marketing Automation

Parent Company

Illinois Tool Works (ITW)
Fortune 200 company ($16B revenue)

Location

Glenview, IL

Goals

Reduce alert fatigue and manual log analysis, increase protection and reduce the risks of a breach while managing costs effectively.

Industry

Non-destructive testing (NDT)

Size

220 employees, 8 IT staff


Service Used

GradientCyberIconOnlyLogo
Managed XDR
  • 24/7 monitoring and SOC 2 Type 2 compliance
  • Comprehensive telemetry coverage from
    endpoints, networks, and cloud systems
  • Proactive threat detection using AI-powered analytics and human oversight

Why Magnaflux came to us

Magnaflux's IT team was burdened with security monitoring for its global network of endpoints, VPNs, VLANs, and firewalls. With a small team responsible for such a large infrastructure, the risk of intellectual property (IP) loss and the intense workload of managing security logs, alerts, and indicators of compromise (IoC) became overwhelming. Brad Bilotta expressed concern about having the bandwidth to effectively detect and respond to threats without increasing headcount or investing heavily in security tools.

With a small IT team responsible for a global network, Magnaflux struggled to balance their daily IT workload with the need to protect sensitive intellectual property from increasingly sophisticated cyber threats. The manual effort to analyze logs and alerts was overwhelming and left them vulnerable to potential data breaches, particularly involving their proprietary chemical formulations used in NDT.

Our Solution

Magnaflux chose Gradient Cyber’s MXDR platform to solve their security challenges. Our tech-driven, human-augmented solution provided round-the-clock threat detection and response across their entire network, including endpoints, cloud environments, and user activity. Our team of seasoned security analysts helped take immediate action on alerts, ensuring critical vulnerabilities were addressed before they became breaches.

The Results

With Gradient Cyber’s MXDR, Magnaflux was able to:

  • Avoid the need for two additional IT staff, saving them $100,000 in yearly costs
  • Significantly reduce alert fatigue and manual log analysis, freeing the IT team to focus on strategic business initiatives
  • Gain peace of mind knowing that their sensitive IP was continuously monitored and protected from potential breaches

By implementing Gradient Cyber’s MXDR platform, Magnaflux not only improved its cybersecurity posture but also empowered its IT team to focus on core business operations, ultimately driving greater efficiency and protecting critical intellectual property from potential threats.