{"id":787343,"date":"2023-10-02T09:14:07","date_gmt":"2023-10-02T13:14:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/visa-enters-strategic-partnership-with-expel-to-help-clients-manage-cybersecurity-risk\/"},"modified":"2023-10-02T09:14:07","modified_gmt":"2023-10-02T13:14:07","slug":"visa-enters-strategic-partnership-with-expel-to-help-clients-manage-cybersecurity-risk","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/visa-enters-strategic-partnership-with-expel-to-help-clients-manage-cybersecurity-risk\/","title":{"rendered":"Visa Enters Strategic Partnership with Expel to Help Clients Manage Cybersecurity Risk"},"content":{"rendered":"<p>        <!--.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p>\nVisa Enters Strategic Partnership with Expel to Help Clients Manage Cybersecurity Risk<\/p>\n<ul class=\"bwlistdisc\">\n<li><i>Expel brings Managed Detection and Response (MDR) capabilities, which Visa uses to augment its own security team, to Visa\u2019s Value-Added Services portfolio, helping to protect global clients from emerging cyberthreats<\/i><\/li>\n<\/ul>\n<p>SAN FRANCISCO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nVisa (NYSE: V) today announced a strategic partnership with Expel, a leading security operations provider, extending Visa\u2019s Value-Added Services offering in the emerging Managed Detection and Response (MDR) segment to clients globally. Global cybercrime costs are expected to reach $10.5 trillion USD annually by 2025<sup>1<\/sup>, impacting businesses of all sizes. Through the referral partnership, Visa and Expel are working to make it easier for clients to anticipate and protect against cyber threats.<\/p>\n<p>\n\u201cOn average, businesses across the globe lose more than $4 million per year as a result of cyber crime<sup>2<\/sup>, resources that can be used to increase innovation and address needs in the market,\u201d said James Mirfin, Global Head of Visa\u2019s Risk and Identity Solutions. \u201cAs customers deal with an ever-expanding range of threats, they\u2019re asking Visa for solutions to help them better manage their risk holistically, including cyber risk. The partnership with Expel will allow us to provide a more holistic security offering to new and existing clients across the network.\u201d<\/p>\n<p>\nCompanies are dealing with a large quantity of issues related to cybersecurity, including an ever-expanding threat landscape, a constant stream of cybersecurity alerts and events, and challenges hiring and retaining cybersecurity talent. Ensuring that clients across the network have a strong security posture, including cyber, is a high priority for Visa. Building on the work already undertaken to protect the network, Visa is committed to facilitating secure global money movement by helping clients identify and mitigate their own cyber vulnerabilities. Expel\u00ae MDR prioritizes detections based on clients\u2019 key assets, reduce alert-to-response time to minutes, automatically stop threats from spreading, and arm Visa\u2019s clients with metrics to strengthen their security. The partnership is intended to give clients:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nThe ability to move from a reactive security posture to a proactive posture, focused on risk-based decision making<\/p>\n<\/li>\n<li>\nImproved threat detection and response capabilities in the face of ever-evolving cybersecurity threats and industry challenges<\/p>\n<\/li>\n<li>\nMDR services informed by external intelligence, trends, and threat techniques<\/p>\n<\/li>\n<li>\nVisibility across attack surfaces that include cloud, on-premises, SaaS applications, and Kubernetes<\/p>\n<\/li>\n<li>\nLess time managing security operations and dedicating resources to other high-priority initiatives<\/p>\n<\/li>\n<li>\n24\/7 security monitoring and response<\/p>\n<\/li>\n<\/ul>\n<p>\n\u201cOrganizations across the globe trust Visa to help mitigate risk and facilitate safe and secure transactions, so we\u2019re thrilled to complement Visa\u2019s own best-in-class efforts to prevent cybercrime with our MDR capabilities,\u201d said Dan Webb, VP Global Channel Sales &amp; Alliances at Expel. \u201cWe\u2019re honored that Visa entrusts us as a customer and recommends Expel as the MDR provider that will help their customers get more actionable insights from their security investments, reduce the amount of time they\u2019re spending investigating threats, and ultimately sleep better at night knowing they have us monitoring and responding in their environments.\u201d<\/p>\n<p>\nThe fraud and payment security market is large and growing faster than card payments,<sup>3<\/sup> and a strong foundation of cyber protection is required to enhance fraud defenses. This partnership is helping Visa build on its advanced internal cybersecurity capabilities to help create a more secure ecosystem. Our Risk and Identity Solutions, support the security and integrity of the Visa network and help keep our clients and partners secure.<\/p>\n<p>\nVisa will begin offering Expel\u2019s solution to Visa clients within the United States and Canada, with plans to roll out globally.<\/p>\n<p><b>About Visa Inc.<\/b><\/p>\n<p>\nVisa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fusa.visa.com%2F&amp;esheet=53566960&amp;newsitemid=20231002486461&amp;lan=en-US&amp;anchor=Visa.com&amp;index=1&amp;md5=b5b31244de0c3fdd3f3210914b7151e9\">Visa.com<\/a>.<\/p>\n<p><b>About Expel<\/b><\/p>\n<p>\nExpel helps companies of all shapes and sizes minimize business risk. Our technology and people work together to make sense of security signals\u2014with your business in mind\u2014to detect, understand, and fix issues fast. Powered by our security operations platform, Expel offers managed detection and response (MDR), remediation, phishing, vulnerability prioritization, and threat hunting. For more information, visit our <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fexpel.com%2F&amp;esheet=53566960&amp;newsitemid=20231002486461&amp;lan=en-US&amp;anchor=website&amp;index=2&amp;md5=c3b10b0727cfa77c43fe22c6f620c1df\">website<\/a>, follow us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fexpel%2F&amp;esheet=53566960&amp;newsitemid=20231002486461&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=3&amp;md5=2de81a0d527d76d6cb58b2a66589384d\">LinkedIn<\/a>, or read why Forrester named Expel a Leader in the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fexpel.com%2Fforrester-wave%2F&amp;esheet=53566960&amp;newsitemid=20231002486461&amp;lan=en-US&amp;anchor=Forrester+Wave%26%238482%3B%3A+Managed+Detection+And+Response%2C+Q2+2023&amp;index=4&amp;md5=e6598a056d6f4ac9065a18856c01c9b1\">Forrester Wave\u2122: Managed Detection And Response, Q2 2023<\/a>.<\/p>\n<p><sup>1<\/sup> Cybercrime Magazine, Cybersecurity Ventures, 2022 Official Cybercrime Report, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fcybersecurityventures.com%2Fcybercrime-to-cost-the-world-8-trillion-annually-in-2023%2F&amp;esheet=53566960&amp;newsitemid=20231002486461&amp;lan=en-US&amp;anchor=https%3A%2F%2Fcybersecurityventures.com%2Fcybercrime-to-cost-the-world-8-trillion-annually-in-2023%2F&amp;index=5&amp;md5=0f434b4cc558f35fb647255053c74912\">https:\/\/cybersecurityventures.com\/cybercrime-to-cost-the-world-8-trillion-annually-in-2023\/<br \/>\n<\/a><br \/><sup>2<\/sup> IBM, Cost of a Data Breach Report 2023, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ibm.com%2Freports%2Fdata-breach%3Futm_content%3DSRCWW%26p1%3DSearch%26p4%3D43700077724064000%26p5%3De%26gclid%3DCjwKCAjwsKqoBhBPEiwALrrqiAaCJ7KcyclX31REI_ar6oqWXCk3ZTIrp9oSDGwlmmoPcf4mVEeY9BoCMpUQAvD_BwE%26gclsrc%3Daw.ds&amp;esheet=53566960&amp;newsitemid=20231002486461&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.ibm.com%2Freports%2Fdata-breach%3Futm_content%3DSRCWW%26amp%3Bp1%3DSearch%26amp%3Bp4%3D43700077724064000%26amp%3Bp5%3De%26amp%3Bgclid%3DCjwKCAjwsKqoBhBPEiwALrrqiAaCJ7KcyclX31REI_ar6oqWXCk3ZTIrp9oSDGwlmmoPcf4mVEeY9BoCMpUQAvD_BwE%26amp%3Bgclsrc%3Daw.ds&amp;index=6&amp;md5=0b50b27e4a88c444d4529d9db2aa30d7\">https:\/\/www.ibm.com\/reports\/data-breach?utm_content=SRCWW&amp;p1=Search&amp;p4=43700077724064000&amp;p5=e&amp;gclid=CjwKCAjwsKqoBhBPEiwALrrqiAaCJ7KcyclX31REI_ar6oqWXCk3ZTIrp9oSDGwlmmoPcf4mVEeY9BoCMpUQAvD_BwE&amp;gclsrc=aw.ds<br \/>\n<\/a><br \/><sup>3<\/sup> Fortune Business Insights, Payment Security Market Size, November 2022, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.fortunebusinessinsights.com%2Fpayment-security-market-103748&amp;esheet=53566960&amp;newsitemid=20231002486461&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.fortunebusinessinsights.com%2Fpayment-security-market-103748&amp;index=7&amp;md5=f1b8d10a849704d509f7a2f55fe92d4b\">https:\/\/www.fortunebusinessinsights.com\/payment-security-market-103748<\/a><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20231002486461r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20231002486461\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20231002486461\/en\/<\/a><\/span><\/p>\n<p>\nVisa<br \/>\n<br \/>Jessica Crain<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:jcrain@visa.com\">jcrain@visa.com<\/a><\/p>\n<p>\nExpel<br \/>\n<br \/>Andrew Rodger<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:andrew.rodger@expel.com\">andrew.rodger@expel.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America Canada<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Payments Security Technology Software Fintech Banking<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Visa Enters Strategic Partnership with Expel to Help Clients Manage Cybersecurity Risk Expel brings Managed Detection and Response (MDR) capabilities, which Visa uses to augment its own security team, to Visa\u2019s Value-Added Services portfolio, helping to protect global clients from emerging cyberthreats SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211; Visa (NYSE: V) today announced a strategic partnership with Expel, a leading security operations provider, extending Visa\u2019s Value-Added Services offering in the emerging Managed Detection and Response (MDR) segment to clients globally. Global cybercrime costs are expected to reach $10.5 trillion USD annually by 20251, impacting businesses of all sizes. Through the referral partnership, Visa and Expel are working to make it easier for clients to anticipate and protect against cyber threats. \u201cOn average, businesses &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/visa-enters-strategic-partnership-with-expel-to-help-clients-manage-cybersecurity-risk\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Visa Enters Strategic Partnership with Expel to Help Clients Manage Cybersecurity Risk&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-787343","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Visa Enters Strategic Partnership with Expel to Help Clients Manage Cybersecurity Risk - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/visa-enters-strategic-partnership-with-expel-to-help-clients-manage-cybersecurity-risk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Visa Enters Strategic Partnership with Expel to Help Clients Manage Cybersecurity Risk - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Visa Enters Strategic Partnership with Expel to Help Clients Manage Cybersecurity Risk Expel brings Managed Detection and Response (MDR) capabilities, which Visa uses to augment its own security team, to Visa\u2019s Value-Added Services portfolio, helping to protect global clients from emerging cyberthreats SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211; Visa (NYSE: V) today announced a strategic partnership with Expel, a leading security operations provider, extending Visa\u2019s Value-Added Services offering in the emerging Managed Detection and Response (MDR) segment to clients globally. Global cybercrime costs are expected to reach $10.5 trillion USD annually by 20251, impacting businesses of all sizes. Through the referral partnership, Visa and Expel are working to make it easier for clients to anticipate and protect against cyber threats. \u201cOn average, businesses &hellip; Continue reading &quot;Visa Enters Strategic Partnership with Expel to Help Clients Manage Cybersecurity Risk&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/visa-enters-strategic-partnership-with-expel-to-help-clients-manage-cybersecurity-risk\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-02T13:14:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20231002486461r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/visa-enters-strategic-partnership-with-expel-to-help-clients-manage-cybersecurity-risk\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/visa-enters-strategic-partnership-with-expel-to-help-clients-manage-cybersecurity-risk\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Visa Enters Strategic Partnership with Expel to Help Clients Manage Cybersecurity Risk\",\"datePublished\":\"2023-10-02T13:14:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/visa-enters-strategic-partnership-with-expel-to-help-clients-manage-cybersecurity-risk\\\/\"},\"wordCount\":876,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/visa-enters-strategic-partnership-with-expel-to-help-clients-manage-cybersecurity-risk\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20231002486461r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/visa-enters-strategic-partnership-with-expel-to-help-clients-manage-cybersecurity-risk\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/visa-enters-strategic-partnership-with-expel-to-help-clients-manage-cybersecurity-risk\\\/\",\"name\":\"Visa Enters Strategic Partnership with Expel to Help Clients Manage Cybersecurity Risk - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/visa-enters-strategic-partnership-with-expel-to-help-clients-manage-cybersecurity-risk\/","og_locale":"en_US","og_type":"article","og_title":"Visa Enters Strategic Partnership with Expel to Help Clients Manage Cybersecurity Risk - Market Newsdesk","og_description":"Visa Enters Strategic Partnership with Expel to Help Clients Manage Cybersecurity Risk Expel brings Managed Detection and Response (MDR) capabilities, which Visa uses to augment its own security team, to Visa\u2019s Value-Added Services portfolio, helping to protect global clients from emerging cyberthreats SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211; Visa (NYSE: V) today announced a strategic partnership with Expel, a leading security operations provider, extending Visa\u2019s Value-Added Services offering in the emerging Managed Detection and Response (MDR) segment to clients globally. Global cybercrime costs are expected to reach $10.5 trillion USD annually by 20251, impacting businesses of all sizes. Through the referral partnership, Visa and Expel are working to make it easier for clients to anticipate and protect against cyber threats. \u201cOn average, businesses &hellip; Continue reading \"Visa Enters Strategic Partnership with Expel to Help Clients Manage Cybersecurity Risk\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/visa-enters-strategic-partnership-with-expel-to-help-clients-manage-cybersecurity-risk\/","og_site_name":"Market Newsdesk","article_published_time":"2023-10-02T13:14:07+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20231002486461r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/visa-enters-strategic-partnership-with-expel-to-help-clients-manage-cybersecurity-risk\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/visa-enters-strategic-partnership-with-expel-to-help-clients-manage-cybersecurity-risk\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Visa Enters Strategic Partnership with Expel to Help Clients Manage Cybersecurity Risk","datePublished":"2023-10-02T13:14:07+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/visa-enters-strategic-partnership-with-expel-to-help-clients-manage-cybersecurity-risk\/"},"wordCount":876,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/visa-enters-strategic-partnership-with-expel-to-help-clients-manage-cybersecurity-risk\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20231002486461r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/visa-enters-strategic-partnership-with-expel-to-help-clients-manage-cybersecurity-risk\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/visa-enters-strategic-partnership-with-expel-to-help-clients-manage-cybersecurity-risk\/","name":"Visa Enters Strategic Partnership with Expel to Help Clients Manage Cybersecurity Risk - 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