With cybercrime growing daily, companies need a way to constantly assess and determine which threats can cripple critical systems and expose data to theft or ransom. If you are hacked and your trade secrets or customer data is exposed, you may not be able to recover from the financial and reputational loss.
Few companies have the resources available to determine if an exploit is serious or a false positive. Critical exploits need to be detected and shut down in 30 to 90 minutes. Since cyber-attacks are constant, you need 24 hours a day monitoring.
This is a must-have security function, but lack of budget and not having enough experienced talent are common reasons it is avoided. Let’s look at how implementing MDR services will fill your current security gaps.
What is MDR?
Managed Detection and Response (MDR) is an IT monitoring service that usually combines intrusion detection software services and a team of cyber security professionals to protect your networks. The MDR team adds the security resources to increase incident investigation and response capabilities. This is done with real-time detection, analysis, mitigations of threats, and incident reporting.
MDR helps keep you in compliance with PCI DSS, GDPR regulatory requirements and qualify for cyber security insurance as their policy requirements become stricter.
No company is safe from sophisticated nation-state hackers and cybercriminals. You may not think your company is a likely target, but the hackers don’t care who you are or what your company does. They are trying to get in anywhere so they can collect data to then launch additional attacks against your suppliers and customers.
Augmenting your cybersecurity program
MDR is not a replacement for an organization’s existing cyber security capabilities but can be used to supplement their security staff, especially if they can’t afford a full team in-house.
Typical MDR techniques to detect threats and incidents include:
• Network traffic analysis
• Behavioral analytics
• Sandboxing
• Endpoint detection and response (EDR)
MDR techniques to respond to threats and incidents include:
• Threat Hunting
• Create and enforce security policies
• Modify systems and networks to prevent or mitigate future incidents
Investing in Cyber Security is one of the most important business decisions a company can make to combat losses. Resistance to proper security investments has become too costly to risk. Nearly 50% of businesses reported a data breach in the past year, with an average cost between 3 to 4 million per incident.
While businesses have long understood the importance of IT security, it has become increasingly difficult to maintain a secure network against sophisticated and costly attacks.
Finding the right MDR
The service we recommend is Bitdefender MDR. They combine their award-winning GravityZone endpoint protection with a team of top analysts and cyber warfare professionals trained by military and intelligence agencies. They give you a fighting chance against Ph.D.-level nation-state-sponsored hackers. One of our clients commented that before Bitdefender, it was “like bringing a knife to a missile strike” because they couldn’t keep up with all the incoming security alerts.
MDR with Bitdefender is an incredible value when you consider you are getting their best endpoint security package and a team of sophisticated cyber security experts that are on the job 24/7. This would cost many millions of dollars in salaries alone, but MDR offers affordable packages and is run out of a dedicated USA-based Security Operations Center in San Antonio, TX.
Conclusion
The MDR market is still young with few providers offering a truly comprehensive package. Choosing the right company carefully means that you are a step closer to protecting your organization.
You can quickly boost your security and protect against costly data breaches.
View the MDR video and additional information here: MDR Information
