Unfortunately, we live in an age where organizations are all locked in a constant battle with hackers and cyber criminals to stay ahead of the latest cyber security and hacking technologies. As the integration of cutting edge developments such as Internet of Things (IoT) and smart technologies become more prevalent in our business and personal lives, we’re also finding that there are more and more ways in which our systems and dce compromised.
This had led to various different solutions being put forward with regards to both protecting our devices, systems, and data and outsmarting those hackers and cyber criminals who may wish to compromise, damage or steal from our systems and connected devices. One of the most promising solutions available are managed detection and response (MDR) systems.
These systems offer cyber-security-as-a-service and there are various benefits that can be had from the implementation of such approaches to cyber security.
However, managed detection and response systems could have far-reaching implications for the cyber security arena and, in this article, we’ll be looking at five of the biggest ways in which MDR services could change the cyber security landscape.
So, let’s jump straight in!
5 Ways MDR Services Could Change the Cyber Security Landscape
As we’ve briefly touched upon, there are several ways that the adoption of managed detection and response services could transform the cyber security arena. From how we approach cyber security resources to how businesses and enterprises become compliant with regulations such as the upcoming GDPR regulations.
Let’s now take a look at five different yet interlinked ways in which managed detection and response services could change the cyber security landscape.
When it comes to keeping up to date on the latest advances and goings on in the world of cyber security, not many people have the time or patience to bring themselves up to speed with it all. This is understandable as the speed at which new developments and advances can occur is getting quicker and quicker every year.
Managed detection and response services eliminate the need for all but a working knowledge of how these systems work as they are operated exclusively by experts in the field without the need for customers to have an in-depth knowledge or training in specific cyber security areas. Although, having these things anyway never hurt anyone!
Having adequate cyber security resources at your disposal is becoming harder and harder for smaller companies and organizations as the threats they face are constantly becoming more sophisticated and advanced. This has meant that having basic cyber security solutions in place is often not enough to completely protect them from the growing number of advanced cyber threats.
However, MDR services could change all of this. If a business or enterprise cannot afford to front the capital to bring their cyber security operations to a decent level, it makes perfect sense to engage in a service with a provider than can give you what you need, where, and when so as to avoid costly upgrades or overhauls. As a managed security service provider, they are able to leverage the latest and greatest software and hardware to craft robust solutions for their customers.
It is for this and several other reasons that Gartner predicts the cyber-security-as-a-service arena will be one of the most essential aspects of security by 2020.
If you’ve ever experienced a cyber-attack first hand, you’ll know exactly how critical time is when it comes to notifying staff of and responding to the attack. One of the biggest issues with dealing with cyber-attacks is ensuring you do so in a timely manner. This can be incredibly difficult if staff are under-prepared, untrained, or unaware of what to do in this scenario.
With MDR services, however, time is no longer such a significant issue for many businesses and enterprises as trained cyber-security analysts are on-hand 24 hours a day, seven days a week, monitoring and hunting for unusual activity or evidence of a breach. Once an issue has been found, customers are immediately notified and can even allow their providers take control of their systems in order to ensure the best possible actions are taken to mitigate the damage done.
As mentioned earlier, the technologies and methods involved in compromising and damaging devices or networks are becoming more and more advanced and basic security features are less and less reliable. Perception is important in cyber security as if a hacker thinks you’re an easy target, you become a target. This can lead to vulnerabilities being discovered by people you wouldn’t want to know about them and then, potentially, their exploitation.
MDR services could alter this area of cyber security forever. This is due to the perception of companies being protected by much more advanced technologies and cyber security methods than would usually be expected from in-house cyber security operations. If a hacker thinks your business is too well protected to be worth hacking, the likelihood is they will move on to the next organization who appears less protected.
Regulations are a difficult yet essential part of running any business. This is, of course, the case in cyber security too. For example, the new General Data Protection Regulations (GDPR) aims to put much stricter regulations on how personal and sensitive data is used and stored as well as give more rights to those people whose data is being collected and used. There are also much stricter punishments for those companies that lose or accidentally release this data, perhaps through a cyber-attack.
This put the onus on companies to ensure they have adequate protections in place to guard against these kinds of leaks and breaches, for the sake of their customers and their own business. The fines in place for such leaks could have financial implications for that business that stretch way beyond the initially damage caused by the attack, and so, organizations that struggle to deploy in-house cyber security solutions will likely look towards cyber-security-as-a-service as a way of protecting themselves against cyber-crime and regulatory fines.