Why Managed Detection and Response Is More Important Now Than Ever Before

Technology is constantly evolving, and so is its relevance.

In the world today, technology is fast-becoming a human being’s best friend. Just think of the number of times that you rely on technology in a day’s time. Everyone, even the self-proclaimed analog dinosaur, depends on technology to some extent.

What Is Managed Detection and Response?

Managed detection and response (MDR) is an outsourced service that provides organizations with threat hunting services and responds to threats once they are discovered.

It also involves a human element: Security providers provide their MDR customers access to their pool of security researchers and engineers, who are responsible for monitoring networks, analyzing incidents, and responding to security cases.

What Challenges Can MDR Address?

MDR addresses significant problems that plague modern businesses. The most glaring issue is a lack of security skills within organizations.

While training and setting up dedicated security teams that can do full-time threat hunting may be feasible for larger organizations that can afford it, most companies will find it a difficult proposition given their resource limitations. This is especially true for medium and large organizations that often find themselves being the target of cyber attacks but lack the resources or manpower for such teams.

Even organizations that are willing to spend both time and money might find it difficult to actually acquire the right personnel. In 2016, there were 2 million unfilled cybersecurity positions, a number that is expected to rise to 3.5 million by 2021.

Enterprises also face challenges when deploying complex endpoint detection and response (EDR) solutions, which are usually not being maximized due to a lack of time, skills, and funds to train personnel to handle the EDR tools. MDR integrates EDR tools in its security implementation, making them an integral part of the detection, analysis, and response roles.

An often overlooked issue when it comes to cybersecurity is the sheer volume of security alerts that IT teams regularly receive. Many of these alerts cannot be readily identified as malicious, and have to be checked on an individual basis.

In addition, security teams need to correlate these threats, since correlation can reveal whether seemingly insignificant indicators all add up as part of a larger attack. This can overwhelm smaller security teams, and take away precious time and resources from their other tasks.

MDR aims to address this problem not only by detecting threats but also by analyzing all the factors and indicators involved in an alert. MDR also provides recommendations and changes to the organizations based on the interpretation of the security events.

One of the most important skills that security professionals need is the ability to contextualize and analyze indicators of compromise in order to better position the company against future attacks. Security technologies may have the ability to block threats, but digging deeper into the hows, whys, and whats of incidents requires a human touch.

MDR is designed to solve the problem of an organization’s cybersecurity skills gap. It tackles the issue of more advanced threats that an in-house IT team cannot completely address, ideally at a cost that is less than what the company will need to spend to build its own specialized security team.

MDR can also offer organizations access to tools that it may not normally have access to.

Why Does Your Business Need Managed Detection and Response?

Cybercrime Is Increasing: Of course, this has spawned a major increase in the number of cyber crimes that occur daily across the globe. Cybercriminals are targeting information technology systems that are simply not well-protected from intrusion. The fact that people are so reliant on technology makes it easier for these criminals to achieve their goals. This is where Managed Detection and Response (MDR) comes in.

The Threat Of Cyberattacks Is Ever-Looming: Thieves are always finding new ways to get through any crack or hole in your security system. And, their methods are getting more and more sophisticated as the days go by. The cybersecurity industry evolves at such a fast pace that most business owners are unable to keep up with it. This fact leaves you at a distinct disadvantage.

Cybercrime Is Costing Time, Money and Lost Reputations: Information Technology experts face a constant struggle to curb cybercrimes. This crime, which has become deep-rooted in our society today, has led to the loss of time, money and reputation. Cybercriminals target websites with weak security because they’re an easy mark. Then they sell this data on the black market. It’s an ongoing crime and has quickly become a familiar scenario to many.

This is why MDR is so important today. MDR isn’t a new concept; it’s been around for a long time. However, like technology, MDR continues to evolve with the changing trends in hacking.

The main goal of Managed Detection and Response is to ensure that cybercrimes are prevented. It’s not enough to arrest and prosecute these criminals. The crimes need to be stopped before they actually occur.

MDR Can Stop Cybercrime: MDR is a system you can use to better understand your organization’s cybersecurity environment. With this program in play, you can more fully understand your IT environment. This will provide you with some important advantages that you can use to help prevent hacking.

MDR Provides Environmental Threat Detection: First, as mentioned above, the main goal of MDR is to aid in detecting cybersecurity threats in a particular environment. To this end, this system performs a series of functions including analyzing the types of risks that your organization may be exposed to. This can help you determine precisely what the most critical threats are.

Using MDR, you can gauge which threats are more serious. You can take preemptive steps to close those doors to cyber thieves. Preventing just one attack can save you millions of dollars.

MDR Makes Threat Detention Faster: When you’re more aware of the threats you face, MDR makes threat detection simpler. Since MDR enhances threat analysis, it helps you fully understand exactly which cybersecurity threats you face. Imagine being able to act before a breach occurs. You can take action today and avoid a nightmare tomorrow. With MDR, you can quickly assess your company’s level of security and take action right away.

MDR Increases Your Ability To Respond To Threats: MDR enhances your capability to respond to cybersecurity threats. Preparation is everything when dealing with hackers and cyber thieves.

Your organization needs to be prepared for every type of threat, from ransomware and hacking to data leaks. Having greater knowledge about the threats that pose the biggest risk helps you respond with more precision. Anticipate threats before they happen. Define those weak areas and eliminate them.

MDR Enhances Threat Prevention: An ounce of prevention is better than a pound of cure, they say. This holds true especially when millions of dollars are at stake.

The impact of cybersecurity in our world today is far-reaching. Every year, cyber breaches cost businesses millions of dollars. They damage your reputation and slow your forward progress.

With MDR, threat prevention becomes your greatest ally. Proactive monitoring applies proven rules to your security system, thus offering a new level of breach management.

MDR Helps You Take Control of Your Data Security: Many business owners feel frustrated by the sheer number of cyber breaches occurring each day. It seems that the criminals have the upper hand and there’s nothing we can do to stop them.

MDR allows you to take back control of your data security. It’s a reliable system that focuses on one thing… preventing cyber breaches from occurring.

Final Thoughts

Although the intricacies of MDR may be somewhat complex, it’s important to remember its advantages. With MDR in place, you can avoid being the next victim of cybercrime and sleep much better at night. You can focus on running your company once again and take pride in your accomplishments.

MDR From Discovery I.T. Will Help Protect Your Business From Cybercrime.
Ask us about an MDR Solution for your organization in Southeast Texas.