Managed Detection and Response (MDR) can assist businesses in enhancing incident detection, investigation, and response in light of the sharp increase in cyber-attacks and talent shortage in the industry. MDR offers a potent blend of analytics, technology, and human intelligence to increase cyber resiliency.
The C-suite today views cybersecurity from a different perspective than business and IT did previously. Enterprise investments are currently focused on developing cyber resilience programs with comprehensive monitoring, holistic threat advisory, and quicker response as the main pillars.
“One increasingly common approach to alleviate these risks is the rising adoption of Managed Detection and Response (MDR). With data breaches becoming more difficult to prevent, responding rapidly to security incidents is essential to reduce the potential impact on business continuity or data security. The most effective way to decrease incident response time is with an MDR service, which provides 24/7/365 support from a remote SOC that helps companies detect and respond to threats ASAP,” adds Martin.
Also Read: Ways to Minimize the Financial Impact of Cyber-Attacks
Here are a few situations where MDR could help an enterprise:
Security Tools Alone Are Insufficient as Threat Actors Evolve Their Techniques
It’s easy for businesses to think their defences are solid if they use a variety of cutting-edge security tools. Unfortunately, many companies don’t completely understand that using security tools alone isn’t always sufficient.
Currently, most endpoint protection solutions work well at identifying known threats. They can operate autonomously to resolve problems when they come across ones they have already encountered. In other situations, tools can identify a threat and stop the first incidence, but they still require an investigation to make sure the ecosystem as a whole is secure.
The issue is that threat actors are aware of how security solutions work and how to avoid detection. Attacks are on the rise, wherein threat actors use legitimate tools to target vulnerabilities.
No matter how sophisticated the security technologies are, they are unable to differentiate between legitimate and malicious usage. The best they can do is flag any activity that might be indicative of an intruder, causing a human to look into the potential risk and decide what steps should be taken.
Another frequent occurrence is when a threat actor performs new actions in a setting that the security tool has never seen before. Again, the tool is unable to act, necessitating human assistance.
MDR services use a continuous threat-hunting process to mitigate these vulnerabilities. A security analyst is always on the lookout for threats that have eluded the detection of security solutions. The analyst is the last line of defense when a tool encounters new suspicious behavior or a new attack type.
True Threat-Hunting Expertise
MDR should be implemented for many reasons than just the rising sophistication of threat actors. The requirement to fill a talent shortage is an additional driving force. It can be challenging for many businesses to find cybersecurity experts that are proficient with security tools. Even companies that are successful in hiring security experts may discover that they lack some of the specialized skills required to engage in threat hunting. Furthermore, fewer people are skilled enough to use security tools effectively as both threat actors and their techniques have advanced in sophistication.
Also Read: Analyzing CISA’s Cross-Industries Cybersecurity Performance Objectives
Following a breach, some organizations decide to implement MDR. After going through it once, they want to prevent it from happening again. Fast-growing businesses may proactively invest in MDR. They want to reduce the security risks brought on by data sprawl because they are aware that as they expand, they will produce and collect more data.
The most important factors for many organizations to consider are the threats that are the biggest for their environments, the security solutions they need to improve their visibility, and the areas where they lack in capability to fully utilize those solutions. MDR is proving to be a crucial line of defense for companies that want to outwit attackers.
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