In today's rapidly evolving digital landscape, businesses face a range of cyber security threats. To effectively defend against these threats, organisations need to implement comprehensive threat detection and response systems and processes.
In this blog we explore the top four challenges of implementing threat detection and response and discuss why businesses should consider using Integrity360’s Managed Detection and Response (MDR) service to overcome these obstacles.
The Challenges
Challenge 1: Complex and Evolving Threat Landscape
A major challenge in implementing threat detection and response is the increasingly complex and evolving threat landscape. Cybercriminals are becoming more sophisticated, leveraging new tactics, techniques, and procedures (TTPs) to compromise systems and networks. This means that organisations must constantly update their cyber security defences to stay ahead of evolving threats such as Ransomware, Phishing attacks, Data Leakage, supply chain compromise, Zero-day exploits, advanced malware, business email compromise, insider threats, and more. Keeping up with this dynamic environment requires continuous evolution and improvement of threat detection content, vigilant monitoring, and timely response to incidents, placing additional demands on an organisation's resources and personnel.
Challenge 2: Increasing Attack Surface
As digital transformation accelerates, businesses are adopting numerous technologies, such as cloud computing, SaaS applications, IoT devices, remote/hybrid working, and mobile devices and solutions to boost productivity and enhance customer experience. This rapid expansion of the digital environment, however, results in an exponential increase in the potential attack surface for cybercriminals, making it increasingly difficult for organisations to monitor, detect, and respond to threats in a timely manner.
Challenge 3: Lack of Skilled Personnel
Another challenge in implementing threat detection and response is the shortage of skilled cyber security professionals. According to a study by (ISC)², the global cyber security workforce gap is estimated to be around 4 million. This scarcity of talent makes it difficult for organisations to find and retain qualified staff who can effectively detect and respond to threats. Additionally, cyber security professionals are in high demand, which can lead to high turnover rates and the need for organisations to constantly retrain new employees in their threat detection and response systems. This constant churn not only hinders the development of a stable and effective cyber security team, puts a strain on an organisation's resources, and weakens the effectiveness and reliability of threat detection and response.
Challenge 4: Budget Constraints
In today's competitive business landscape, allocating sufficient resources to cyber security can be a difficult decision for many organisations that often operate with limited budgets. There is never enough budget to do everything we would like and it’s very costly to implement 24x7 monitoring and response in-house. As a result, these businesses may find it challenging to justify the investment required for a comprehensive threat detection and response solution, despite the increasing need for robust security measures in the face of an ever-evolving threat landscape.
The cost of procuring, maintaining, and updating the necessary tools and technologies can also be significant, as can the expense of hiring and retaining in-house cyber security experts.
Why Managed Detection and Response Services Make a Difference
Given the challenges outlined above, many organisations are turning to Managed Detection and Response (MDR) services as an effective solution for addressing their threat detection and response needs. MDR services offer several key benefits that can help organisations overcome the obstacles associated with implementing threat detection and response.
Comprehensive Threat Monitoring and Response
Integrity360’s MDR service provides round-the-clock monitoring of an organisation's entire attack surface – across networks, systems, and endpoints, using advanced threat detection technologies to identify potential threats. This continuous monitoring ensures that threats are detected and addressed in a timely manner, minimizing the potential impact on the organisation. Moreover, MDR providers leverage their knowledge of the evolving threat landscape to proactively update their detection and response strategies, ensuring that organisations are protected against emerging threats.
Access to Skilled Professionals
Integrity360 has a team of highly skilled and experienced security analysts who work around the clock to monitor clients' networks for security threats. This team includes threat hunters, incident responders, and forensic analysts with the necessary expertise and knowledge to effectively analyse and respond to security incidents. By partnering with Integrity360, organisations can benefit from our extensive experience and expertise in threat detection and response without investing in hiring and training their own security personnel.
Streamlined Security Tool Management
Integrity360 provides an agnostic and unified platform that integrates various security tools, such as IDS, EPP, EDR, NDR, and SIEM systems, reducing the complexity of managing multiple tools. This consolidation not only helps streamline the threat detection and response process but also helps reduce the occurrence of false positives and alert fatigue. Additionally, MDR services can provide organisations with access to advanced technologies that they might not otherwise be able to afford or maintain in-house.
Compliance and Reporting Support
Integrity360 can also assist organisations in meeting their compliance and reporting requirements. We can help ensure that organisations are adhering to relevant regulations by providing regular audits, documentation, and recommendations for improvement. Furthermore, our MDR service offers built-in reporting capabilities that can help organisations demonstrate their compliance to regulatory bodies, customers, and partners, reducing the burden of managing these requirements internally.
Reduced Budget Requirement
It is well established and intuitive that partnering with an expert provider to implement threat monitoring and response will deliver a solution at a fraction of the cost of building it in house. This is due to the economies of scale, expertise and tooling that can be achieved by a specialist with capability to deliver effective services at scale across many types of organisations. This can help organisations achieve the sort of threat coverage that would be impossible if it were to be built from scratch internally and can typically be deployed much more rapidly also.
By leveraging MDR services, organisations can focus on their core business functions while ensuring that their networks, systems, and data are secure from ever-evolving cyber threats.
If you are worried about cyber threats or need help in improving your organisation’s visibility please Get in touch to find out how you can protect your organisation.
