Managed Threat Detection and Response

Webinar: Managed Threat Detection and Response

The absolute biggest mistake companies make about cybersecurity insurance and cybersecurity, in general, is to assume that they don’t need it and that they are not a target. Or even worse, they think they are already protected, without taking any steps to ensure they are.

You may have less than a hundred employees, but does that really mean you’re secure?

In 2020, the rate of cyberattacks grew 400% compared to the previous year — the fact is that a rising tide lifts all ships. As cybercrime becomes more prevalent, your organization becomes a more likely target, no matter its size.

That’s why you need to consider new and advanced cybersecurity solutions such as Sophos’ Managed Threat Detection and Response. Discover more in our latest webinar:

The Modern State Of Cybercrime

2020 was a banner year for cybercriminals.

The conversation about cybersecurity has kind of become white noise, at this point. There are so many scams, hacks, and major data breaches that it’s hard to stay engaged.

Let’s keep it simple, and stick to the data — like the fact that the global cybercrime industry will cause up to $6 trillion in damages in just a few years. Consider the rate at which attacks are occurring…

• COVID-19 Poses Unprecedented Cybersecurity Threats: The number of phishing emails and social engineering scams that use the COVID-19 pandemic as a topic represents the single largest thematic series of cybercrime attacks ever. From credential phishing and malicious attachments to business email compromise and fake landing pages, the coronavirus has been a veritable gold rush for cybercriminals.
• The Rate Of Ransomware Attacks Is Rising: It is estimated that a ransomware attack will occur every 11 seconds in 2021.
• Small Businesses Rarely Survive A Breach: 60% of small businesses that are hit with a cyber attack will go out of business within six months.

The point is that you can’t afford to overlook your cybersecurity. Depending on the current state of your digital defenses, improving your security may not be all that complicated or expensive.

The Small Business Cybersecurity Dilemma

For small businesses, the situation is even more dire. According to a study conducted jointly between Cisco and the National Center for the Middle Market, over 50% of small businesses have no cybersecurity strategy or plan in place and for those that do, most have not reviewed the plan in over a year.

A cybersecurity strategy and plan, once created and adopted, must be reviewed at least annually to ensure that current threats are being included. Cybersecurity is not a one-and-done solution; the threat landscape evolves at a rapid pace and frequent reviews ensure that the plan will help reduce an organization’s cyber risk profile.

How Can You Improve Your Organization’s Cybersecurity?

As a part of your organization’s leadership, you probably know how resource-intensive cybersecurity can be. You need the right solutions, the right hardware, and a team in place to manage them all, 24/7. If done correctly, it’s an expensive endeavor.

That said, many conventional cybersecurity models and services focus too much on monitoring — they’re constantly looking for threats, but lack a proven process to mitigate them when they occur. Have you been looking for the right cybersecurity solution that will, once and for all, give you the peace of mind that comes with knowing you’re comprehensively protected? Do you want to maximize the return you get on your cybersecurity budget?

Then you need Sophos Managed Threat Response.

What Is MTR?

Managed Threat Detection and Response (MTR), a premier offering by Sophos, builds on the monitoring and alert capabilities of solutions like Security Information and Event Management (SIEM) by adding a response system as well.

With MTR, not only are you made aware of suspicious activity in your environment, but you also have expert assistance from a Sophos team that will respond in real-time. MTR enlists expert support from a team of outsourced threat hunters who will:

• Proactively hunt for and validate potential threats and incidents
• Use all available information to determine the scope and severity of threats
• Apply the appropriate business context for valid threats
• Initiate actions to remotely disrupt, contain, and neutralize threats
• Provide actionable advice for addressing the root cause of recurring incidents

Why Is MTR Right For Your Organization?

The point of MTR is that it automates and handles your cybersecurity processes for you, which is ideal for both smaller organizations, as well as larger ones that want to simplify their internal cybersecurity processes.

If you don’t have the resources to compensate and manage a 24/7 cybersecurity team of your own, a conventional cybersecurity solution SIEM won’t be very effective. Who’s going to respond to a SIEM-issued alert at 3:00 AM? This is the core limitation of SIEM.

Businesses that invest in solutions like SIEM may try to handle it on their own — and fail. Those operating a business likely don’t have the time or knowledge to properly make use of SIEM. It becomes a wasted investment, and in the end, doesn’t help to enhance security for the business.

That’s why MTR is the right choice for many small-to-medium-sized businesses like yours. You get both the monitoring service and the expert response team, available 24/7 to respond to alerts as they occur. If you are looking to maximize your investment in cybersecurity management technologies, MTR is the right choice for you.

Virtual IT Will Deploy Sophos MTR For You

Interested in securing your environment with Sophos MTR?

The Virtual IT team will help current Sophos customers upgrade their contracts, and new organizations deploy a range of proven Sophos security solutions. Get in touch with our team to start securing your systems.