What is MDR and why small businesses should use it
Cybercrimes and other cyber incidents have quickly become the biggest threat to a business. As a result, businesses are advised to have a Detection and Response strategy in place, in preparation for the event of a cyber incident.
Studies show that a reported 77% of security experts are being pressured to improve threat detection and response tactics. Furthermore, 82% of cyber experts agree that increasing threat response and detection should be prioritized. This can be done using MDR.
What is MDR?
Managed Detection and Response (MDR) is a proactive procedure to cybersecurity. With a combination of human expertise and technology, MDR is a cybersecurity service that performs threat hunting, monitoring, and response.
Without MDR services, the typical time to detect and respond to a cyber event is 280 days. An organization’s use of MDR services can reduce their typical detection and response time to a few minutes. This drastically reduces the impact of such an event. However, this isn’t the only benefit to using an MDR solution.
What are the benefits of MDR?
Through MDR services, organizations will be able to:
- improve security and resiliency to potential attacks by optimizing security structures and terminating defective systems
- identify and stop hidden threats with continuous 24/7 monitoring and hunting
- respond to active threats efficiently and restore endpoints to a previous good status
- have access to experienced cybersecurity professionals
Why does it matter?
This service is particularly appealing to SMBs with limited budgets as it rapidly identifies and limits the impact of threats without needing additional staff. Consequently, the demand for MDR is rising. According to a report by Gartner, there was a 35% growth in inquiries about MDR in the last year with interest in the market continuing to grow. Additionally, cyber insurance companies are increasing their requirements to qualify for cyber insurance. Small businesses are now required to have a Detection and Response solution to renew or apply for a policy.
Cyberattacks are costly. In comparison, prevention is not. Dealing with the cost of a cyberattack would be significantly more than prevention in the form of MDR services. This is where DDKinfotech can help. We’ll manage your MDR solution with expertise.
If you think your business would benefit from MDR solutions powered by DDKinfotech, contact us and we’ll get you started on the right path.
