The current threat climate has many organizations stuck between a rock and a hard place. While cyber threats are becoming increasingly common for companies of all sizes, most businesses have neither the proficiency nor the dedicated budget to constantly monitor their systems for evolving threats. The higher the level of cybersecurity expertise your organization requires, the more likely it is that your team will find itself overwhelmed by the sheer volume of terminology, protocol, and necessary technical knowledge.
Many businesses are looking to more robust cybersecurity solutions, like Managed Detection and Response (MDR), for help. MDR is a service that provides organizations with a team of security experts to manage and monitor their EDR (EndPoint Detection and Response) solution on their behalf. The MDR provider takes responsibility for implementing and configuring the EDR solution, monitoring and analyzing security alerts focused specifically on endpoint devices, and responding to incidents in real time. As a result, many organizations find that MDR is a more comprehensive cybersecurity solution that provides a higher level of expertise, proactive threat hunting, and broader coverage of systems and devices.
Of the many reasons why MDR might be a valuable extension of your organization's security program, here are some of the key benefits it can provide your business:
- Advanced Threat Detection: MDR solutions use machine learning, behavioral analytics, and threat hunting to identify and respond to sophisticated cyber threats that traditional security controls may miss.
- 24/7 Monitoring and Response: MDR providers offer continuous monitoring of an organization's systems. In the event of a security incident, the service provider would take immediate action to contain and remediate the issue, minimizing the impact of any potential breaches. They would also work closely with the business's security team to administer their firewalls, proxy servers, Identity and Access Management systems, and directory services to help guide incident response efforts and, ultimately, prevent similar incidents from occurring in the future.
- Security Expertise: MDR providers offer access to a team of cybersecurity experts who have a deep understanding of both the threat landscape and the latest cybersecurity trends. They also provide regular reports and recommendations to the business discussing how to further enhance their security posture with the most up-to-date patches and updates.
- Compliance: Many regulatory frameworks require businesses to have advanced cybersecurity solutions in place ensuring that their security monitoring and response capabilities are operating at the highest level. MDR solutions can help businesses to meet these requirements and maintain compliance.
- Cost: As opposed to an expensive in-house solution, MDR can be a cost-effective way for businesses to enhance their cybersecurity capabilities, as they can outsource the expertise and technology required to a third-party provider. Additionally, the cost of the subscription service can be less than the cost of the software and dedicating an internal resource to its maintenance.
Within a comprehensive cybersecurity framework, MDR services can be an important tool for a SOC to enhance its capabilities. Each MDR tool on the market offers a slightly different feature set, so it’s important to take the time to find the service that would work best for you and your organization. If you have questions about how MDR can be leveraged to protect your business, connect with the experts at MindPoint Group to learn more.