The attack surface is rapidly expanding and evolving, implying that the frequency of threats will only increase, but businesses don’t have to fight the ransomware battle alone. They can implement Managed Detection and Response (MDR) to help detect, prevent, and respond rapidly to today’s digital attacks.
The long-term effects of remote working have resulted in significant changes in how business is conducted, as well as an unparalleled expansion of the attack surface. Since the pandemic began in 2020, ransomware attacks have proliferated, exacerbating the various operational issues that cybersecurity experts face. Not only will the volume of ransomware attacks rise, there will be new types of ransomware that are more sophisticated and disruptive than ever before.
Organizations today have been compelled to examine, create, and upgrade their incident response, notably anti-ransomware strategies, in order to accelerate their response.
Reassessing threat detection and response
Protection against ransomware has been crucial for organizations, particularly during the pandemic. COVID-19 has proven to be a nightmare for determining what constitutes “normal” organizational conduct. The majority of businesses lacked contingencies for dealing with a pandemic. The unexpected transition to working remotely left security teams scrambling to catch up on developments like deploying safe cloud computing, and it created a goldmine for ransomware attacks.
A Managed Threat Detection and Response (MDR) paradigm has aroused attention in key businesses, with attack surfaces expanding, perimeter defences progressively becoming a thing of the past, and adversaries becoming more capable.
MDR differs from standard ransomware defences in that it is proactive in its response to threats. Threat intelligence, security monitoring, threat hunting, incident analysis, and incident response are all part of MDR, a sophisticated managed security solution. It uses endpoint telemetry to track user activity and create a data-driven baseline of a company’s “normal” activities, whether on-premises or in the cloud. It basically combines the best detection technology with security knowledge to find and destroy threats before they cause catastrophic damage.
Also Read: Why Paying Ransom isn’t the Right Strategy to Address Ransomware Attacks?
The Need for MDR
Attackers might hide for months in the environment, waiting for the proper opportunity to strike. Organizations that use an MDR service get the help they need to improve visibility and quickly detect, investigate, and respond to advanced threats. To keep systems and vital data safe from cyber-threats, Managed Detection and Response combines various levels of defence.
MDR, with its fast, automated, and data-driven approach to baselining, can help companies react quickly. Baselining used to imply that information security teams would feed data to their technology, or their cybersecurity providers, in the hopes of producing warnings to possible issues. This strategy changes with MDR.
MDR employs a threat-first strategy. It enables information security teams to define the risks they wish to detect, understand how they will appear in their environment, and then design a detection capability focused on those threats. As a result, InfoSec teams will have a better idea of what data to use for baselining and will be able to produce more accurate results. In summary, an MDR approach allows teams to remain focused while battling the complex landscape of ransomware.
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