A business will fall victim to a ransomware attack every 11 seconds.
[Cybersecurity Venture]
During the pandemic, the rapid rise of cyberattacks, especially ransomware, underscored the importance of organizations securing their network infrastructure and endpoints. With so much data resources being accessed in the field and at the edge, just having preventive firewalls and anti-virus are not enough. Organizations are realizing there may be many unknown malicious threats lurking inside their network without them knowing it. To address the limitations of IT staffing, organizations are teaming with managed security providers to augment their security posture using managed detection and response services.
What Is Managed Detection and Response?
A managed detection and response (MDR) solution provides 24/7 active monitoring and intelligent-based detection of threats that help organizations quickly respond to malicious cyber threats. It includes log management, SIEM (Security Information and Event Monitoring), intrusion detection, vulnerability assessment and compliance management. Working alongside an organization’s internal IT staff, MDR provides organizations with a fully managed security operations center (SOC) where seasoned security experts deliver 24/7 advanced detection, response and, in some cases, threat hunting expertise. Organizations leverage MDR so they can monitor the security integrity of their cloud, on-premises and hybrid IT environments, including endpoints and cloud applications.
Let’s look at five ways managed detection and response help you stay ahead of security risks to protect against cyberattacks.
- Collect – MDR provides visibility into all traffic flowing through the entire network. Using security information and event management (SIEM) and intrusion detection system (IDS) tools, MDR continuously searches for suspicious activity across multiple sources, including servers, network devices, cloud applications, log data and endpoints. Real-time monitoring and correlation help detect known and unknown threats and reduces the lead time needed to identify and react to potential cyber threats.
- Identify – Unpatched software and systems are sitting ducks for hackers. MDR regularly scans for vulnerabilities within active networks and assets searching for weak entry points and unpatched updates. This helps minimize vectors that attackers can exploit.
- Analyze – Accessing network data stores and log history in a centralized view, MDR uses forensic analysis and log metadata to reveal suspicious behavior patterns or malicious activity while it probes potential brute force and other attacks. The network traffic analytics platform boosts the speed and efficiency of investigating alerts, hunt threats and triage alerts as well as determine the severity of the event.
- Response – Once an incident is identified, alerts are sent to customer administrators and the SOC team quarantines the breach and takes appropriate action to mitigate the threat before it disrupts business operations.
- Compliance – MDR can generate real-time compliance reports for a wide range of compliance standards (PCI, HIPAA, NERC, CIP, SOX, GDPR and much more), detecting potential violations early so they can be addressed. MDR aggregates log and event data from across the organization and presents it in an audit-ready format.
Conclusion
Proactive threat intelligence and rapid response are vital in today’s cyberwarfare. Managed detection and response solutions enable organizations to affordably leverage advanced technologies combined with human security expertise to quickly identify and block both known and unknown cyberattacks. Magna5 offers around-the-clock detection and fast response services for security incidents fully managed by a team of experts.
