For most organizations, security posture is an important, albeit under-resourced, component of their IT infrastructure. Many invest their security budget in firewalls, anti-virus, and other preventive operational security controls. As technology complexity and the cyber landscape evolve, they’re learning the hard way that this approach leaves numerous gaps in containment and response to threats. An effective security plan should include modern tools for detection, investigation, and response.
Between tight budgets, the current security talent shortage, and the time-consuming nature of monitoring alerts, organizations struggle to stay on top of threats. The average amount of time it takes for companies to identify and contain a breach is a staggering 280 days. The longer a breach goes undetected, the further the attacker reaches, compromising data, systems, and accounts along the way.
To mitigate this gap, organizations are outsourcing security to Managed Detection and Response (MDR) providers. MDR providers monitor threats across an organization’s IT landscape 24x7x365, analyze alerts, hunt for threats, and respond to security incidents. The goal is to gain end-to-end insights across an organization and stay ahead of attackers.
What is Managed Detection and Response?
For organizations without the resources or expertise to hunt for and respond to threats, MDR is an effective way to have 24x7x365 oversight and intervention to prevent malicious actors from spreading laterally throughout the network.
MDR is a proactive approach to security that uses data collection and enrichment to investigate and respond to threats across on-premises and cloud networks, endpoints, and identities. With a combination of advanced threat detection technology, machine learning, and skilled security teams potential breaches can be prevented or contained, reducing the likelihood and impact of a breach.
This service gives organizations access to a team of security professionals who investigate, contain, and respond to indicators of compromise in a matter of moments, not days, weeks, or, in some cases, months. If a successful compromise occurs, then a transition to Incident Response Team occurs to perform full recovery.
MDR ultimately combines people, processes, and technology to stops threats before damage, downtime, or data loss occurs.
For actionable advice, register for our webinar on June 9: Going 24x7: How to Detect and Respond to Cyber Threats. Register here.
Why organizations are turning to MDR
The only way to reduce your security risk is to have security event monitoring (telemetry) and a team of trained security responders to investigate and respond when your monitoring platforms detect threats or abnormal events. It is imperative to contain threats before they impact business productivity and critical corporate data. Taking a proactive approach also builds trust with employees and clients alike.
Manageable Security Spend.
MDR not only alleviates organizations of the staffing burden of 24x7 monitoring and associated cost overhead but also makes security investment more predictable. Companies without a proactive security model in place who experience a breach will be forced to pay sky-high rates for an Incident Response team to perform emergency remediation. That doesn’t include any downtime costs, additional hardening, or resulting client losses.
CMMC, NYS SHIELD Act, and California Privacy Rights Act are just a few of the most recent security regulations organizations are now required to adhere to. With MDR, entities can satisfy some of their control requirements for maintaining compliance. This goes a long way towards meeting regulatory obligations and also protects the company, its reputation, and its customers.
Fill Gaps in Expertise.
While hiring and managing an in-house security team to monitor and remediate threats may seem simple enough, there are several obstacles to overcome before a team can operate efficiently and effectively.
Aside from round-the-clock monitoring, an MDR solution requires orchestration across multiple security platforms, integration of alert case management and automation, and a wide variety of specific security skills. With 3.5 million jobs available, the shortage of security professionals is making this increasingly difficult, as companies struggle to find, hire, and retain top talent.
With MDR, there is no need to invest in an in-house SOC or hire threat hunters. You have a full security team on your side advising you along your security journey.
Advanced Threat Intelligence.
Security Information and Event Management (SIEM) and Security Orchestration, Automation and Response (SOAR) platforms give security teams deep insight into threat intelligence and advanced analytics. A SIEM solution correlates events and prioritizes alerts. SOAR goes a step further and includes automated incident response workflows - eliminating time-consuming manual processes. Without this insight, even an experienced security team can struggle to develop a proactive detection and response process.
MDR is an effective way to supplement a security program that lacks 24x7 monitoring and threat detection and response capabilities. Organizations can consolidate security vendors, avoid alert fatigue, make security spend predictable, and drastically reduce risk with one solution.
ProArch takes MDR services to the next level with our 100% cloud-native security toolset that can be deployed in under 24 hours. From there, we handle detection, containment, response, and remediation of threats and help you mature your security posture.
Stop splurging on outdated preventative controls and start investing in a proactive security posture with ProArch’s MDR services.