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Arctic Wolf Managed Risk vs Red Canary comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Nov 6, 2024

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

Arctic Wolf Managed Risk
Ranking in Risk-Based Vulnerability Management
12th
Average Rating
8.6
Reviews Sentiment
5.9
Number of Reviews
9
Ranking in other categories
Vulnerability Management (35th)
Red Canary
Ranking in Risk-Based Vulnerability Management
15th
Average Rating
9.0
Reviews Sentiment
7.6
Number of Reviews
5
Ranking in other categories
Advanced Threat Protection (ATP) (25th), Endpoint Detection and Response (EDR) (39th), Managed Detection and Response (MDR) (11th)
 

Mindshare comparison

As of February 2026, in the Risk-Based Vulnerability Management category, the mindshare of Arctic Wolf Managed Risk is 3.0%, up from 2.4% compared to the previous year. The mindshare of Red Canary is 1.6%, up from 0.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Risk-Based Vulnerability Management Market Share Distribution
ProductMarket Share (%)
Arctic Wolf Managed Risk3.0%
Red Canary1.6%
Other95.4%
Risk-Based Vulnerability Management
 

Featured Reviews

CK
Director, Information Technology at a performing arts with 201-500 employees
Proactive alert management enhances network security and provides peace of mind
The reporting is really good from what I've seen so far. They are on top of the alerts, especially the critical ones. This proactive approach to alert management ensures that if someone downloads something on a workstation that shouldn't be downloaded, they address it quickly. Their ability to identify and provide information on critical alerts is very valuable.
SB
SOC Analyst at Valorant
Monitors traffic effectively and assists in compliance decision-making for quick response
Red Canary detects threats and attack patterns, allowing us to assess any significant damage caused to the banking environment, particularly if protected data has been damaged or corrupted. It is valuable for security teams in banking industries that need to make informed decisions quickly. Red Canary solutions are useful for compliance with standards like FFIEC and PCI and are employed in medical operations for HIPAA compliance.

Quotes from Members

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

Pros

"We get access to quarterly reviews with their team."
"I appreciate the professionalism of the tool and have faith in the results it delivers."
"We have a patch management solution that scans for any patches that can be applied and then applies these patches, but it doesn't hit everything. It also doesn't find all misconfigurations and things like that. Arctic Wolf Managed Risk kind of fills in the gaps and makes us aware of vulnerabilities or misconfigurations that exist out there. It does an agent scan for software versions and compares them to what CVs are out there and lets us know."
"The user-friendly interface and customizable reporting have helped our IT team interpret and act on the platform's insights."
"The customer support is incredible."
"The most valuable feature of Arctic Wolf Managed Risk is being informed about what vulnerabilities there are exposed currently."
"This solution has made huge strides in improving the awareness of our end users."
"The reporting is really good from what I've seen so far."
"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."
"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."
"I recommended Red Canary to my friends who work in other organizations."
"The most valuable feature of the solution is its automation part."
 

Cons

"As far as the product is concerned, I would really like the scanning feature to let us know that a threat has been addressed once we apply the relevant patch. We are not seeing this currently when running a scan."
"Arctic Wolf Managed Risk needs to add more integrations."
"The presentation of the data could be improved. I believe they have significant room for improvement, particularly in making better analysis of the vulnerability data and presenting those data more effectively."
"The scalability could improve."
"The best way to take this product to the next level would be to implement a patch management solution."
"It could be easier to use. They could present things in a little bit more ranked order rather than kind of giving you everything out there. It should highlight the really important stuff and make it easier to get to good rather than perfect."
"The major area for improvement is the lack of a patch management feature to resolve some of the vulnerabilities detected."
"The presentation of the data could be improved."
"The price could always be better."
"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."
"I would like there to be an on-premise version of this solution for our data centers because of the proliferation of online threats."
"Red Canary's pricing spectrum may not be ideal for smaller financial institutions."
 

Pricing and Cost Advice

"Arctic Wolf Managed Risk is reasonably priced and I rate it a four out of ten."
"It depends on the company size quite a bit."
"The price of Arctic Wolf Managed Risk is reasonable compared to the competition."
"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
Financial Services Firm
11%
Manufacturing Company
9%
Computer Software Company
9%
Government
8%
Computer Software Company
12%
Financial Services Firm
8%
Manufacturing Company
8%
Government
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business6
Midsize Enterprise3
No data available
 

Questions from the Community

What needs improvement with Arctic Wolf Managed Risk?
There are some challenges with integrations in Arctic Wolf Managed Risk. Some integrations could be improved to enhance functionality.
What advice do you have for others considering Arctic Wolf Managed Risk?
We will proceed with publishing the review on the platform, making it available to other users. The link will be provided, and you can add to it, edit it, or adjust your notification preferences as...
What needs improvement with Red Canary MDR?
Red Canary's pricing spectrum may not be ideal for smaller financial institutions.
What is your primary use case for Red Canary MDR?
We use Red Canary ( /products/red-canary-reviews ) to monitor incoming and outgoing traffic. For example, when we receive an alert that data from our internal IP address to an external IP address h...
 

Also Known As

No data available
Red Canary Managed Detection and Response (MDR)
 

Overview

 

Sample Customers

Zelle LLP, DNI Corp, Roper Pump, Baker Sterchi Cowden & Rice
DuPont, Quanta Services, Microchip Technology, Hopkins Public Schools, Henny Penny, Schumacher Homes
Find out what your peers are saying about Arctic Wolf Managed Risk vs. Red Canary and other solutions. Updated: December 2025.
881,665 professionals have used our research since 2012.