Today’s cyberthreats are more complex than ever before. Businesses of every size now see the need for security operations solutions that enable them to detect and respond to advanced threats that bypass their existing controls.
According to World Economic Forum, “rapid digitalization has exponentially increased companies’ cyber exposures and created more complex and potentially less secure networks making cybersecurity failure as one of the top risks for businesses around the world in 2021”. As a result, many businesses are gravitating away from preventative cybersecurity to advanced detection and response service models such as Managed Detection and Response (MDR) as those help organizations to address current challenges in more effective and cost-efficient manner by arming them with on-demand security expertise.
So, what is exactly MDR?
Managed Detection and Response (MDR) is a managed cybersecurity service that helps organizations understand their security environments as well as enhance threat detection and response capabilities. Real-time, 24/7 monitoring is typically a standard feature of MDR, as is incident response to potential cyberattacks. Many MDR vendors provide security consulting and on-demand, round-the-clock access to a concierge security team of experts.
To better understand MDR features, let’s take a closer look at 9 key advantages of this solution.
Every business has its own unique processes, goals, and security concerns. This is where one-size-fits-all software solutions don’t measure up to the personalized service your organization can get from an MDR solution with a dedicated security team. By investing in an outsourced security team, you can ensure that your cybersecurity is managed by trained experts who understand your specific network environment and organizational business risks.
Your MDR security team also serves as a single point of contact. When security issues do inevitably arise, you have assurance that the people involved have a real understanding of your organization’s unique business needs and operations, as opposed to other services that use randomly assigned service technicians to walk you through troubleshooting.
Keeping an eye on your network during the business day is just a start—because bad actors don’t keep regular office hours. A 24×7 security solution including continuous monitoring for threats is essential for detecting and responding to malicious activity on the network.
By monitoring your network at all hours, your MDR security team can quickly recognize abnormal activity, reliably identify threats, and take immediate measures to keep intruders out of your system, even at hours when the rest of your team is getting a good night’s sleep.
Your organization is unique. You have methods, goals, and risks that are specific to the way you do business. That’s why you need a solution that can adapt to your requirements. The top MDR solution providers use a customizable rules engine to define security policies for each user. This engine allows to apply your exact security and operational policies, and then update them to align with changing business needs, evolving threats, and any applicable rules and regulations.
Using a set of customized security rules, your MDR team can selectively filter out noisy events that represent no real security risk, allowing them to stay focused on detecting both known and unknown threats. A customizable rules engine helps your provider improve their efficiency and accuracy, which in turn helps them identify and protect against a broader scope of threats in your organization’s particular environment.
Cloud-based technology applications are now mainstream and essential for business productivity. So, modern IT environments demand an MDR solution with integrated cloud monitoring, to ensure there are no security blind spots.
A good cloud monitoring system will automatically examine your internet-as-a-service (IaaS), software-as-a-service (SaaS), and security-as-a-service (SECaaS) solutions. Using APIs, your virtual sensors can provide near-real-time monitoring of cloud resources and user behavior to ensure they comply with security policies and are free from threats.
Good regulatory compliance typically results from good security practices. With online data privacy concerns at an all-time high, keeping your customers’ and employees’ personally identifiable information protected is crucial.
Data thefts and security breaches can lead to heavy fines, class-action lawsuits, and reputational damage for organizations that don’t stay compliant. Partnership with MDR provider gives an opportunity to obtain guidance to enhance your automated systems, meet all regulatory obligations and demonstrate that your business is fully compliant.
Regular vulnerability scans are a great help for identifying at-risk assets and improving your overall security posture. MDR providers can enhance those efforts further by analyzing your scan results and combining up-to-date threat intelligence.
Trained MDR experts can apply a deep understanding of your organization’s critical assets to develop an accurate, prioritized list of your current vulnerabilities. This in turn allows your MDR team to provide risk-based advice and recommendations to mitigate risk and limit your exposure to both known and unknown threats.
A successful cybersecurity plan requires smooth, non-disruptive interaction with the rest of your system processes. Your MDR provider should offer onsite workflow integration tools that optimize your operational efficiencies and establish a seamless process for trouble ticketing.
Reliable workflow integration ensures that alerts are prioritized, properly escalated, and put in front of the right people, so that issues can be remediated by your IT staff before they become a larger problem.
Your MDR solution should provide comprehensive, user-friendly log management as well. This includes the automatic collection, aggregation, and retention of log data. MDR engineers can perform queries against this data set to extract useful information for customers like you. And easily accessible recordkeeping allows your IT admins to quickly retrieve essential data for future reference, reporting, and troubleshooting.
Your business is not a static object. As your organization dynamically changes, it’s important to find an MDR provider that can scale along with your growing needs. Look for once with a security-optimized data architecture that can unify the ingestion, parsing, and analysis of log data, and which can also dynamically scale, compute, and store resources on demand.
A scalable cybersecurity architecture forms a strong foundation on which to build the analytics that give security analysts deep visibility into advanced threats. Scalable data architecture also provides on-demand access to relevant data for incident investigation and is immediately operational with no setup time.
The cybersecurity landscape constantly evolves as the number of connected devices grows and cyberthreats become increasingly sophisticated.
Organizations often rely on new tools to stay protected, but this approach can quickly spiral into a maze of complex products — a patchwork of controls lacking the holistic integrity for effective cybersecurity. Your search for the right solution shouldn’t be this hard.
What businesses need is a personalized solution that understands the unique intricacies of entire digital environment and leverages the security tools that are already in place. A solution that never sleeps and keeps an eye on your systems around the clock. Managed Detection and Response brings effective security operations to your organization to reduce cyber risk.