The World Economic Forum state that cyber crime is one of the “key threats of the next decade”, and that cyber attacks pose a bigger immediate risk than terrorism, and are potentially catastrophic in both the short and long term.
In 2020, UK businesses faced nearly 700,000 attempts to breach their systems, that’s an attack nearly every 46 seconds, and a 20% rise from 2019, largely attributed to COVID-19 and remote working.
With record numbers of cyber attacks affecting organisations of all sizes, it is critical that you take steps to prepare your organisation for the inevitable cyber attack. It most certainly is a case of act now or suffer the consequences. The Ponemon Institute’s Cost of a Data Breach Report 2020 reported that organisations spend $3.86 million (about £2.9 million) recovering from security incidents. So whilst investing in cyber security requires resources, it’s significantly less than the cost of recovering from a breach.
The report also found that organisations take 280 days on average to detect and respond to an incident, however the quicker the process is undertaken then the cost of a breach is greatly reduced.
Here at Infosec Partners we offer a range of managed security solutions to help protect your business, detect threats and react quickly to inevitable breaches, taking the pressure off your business and giving you extra peace of mind.
Here’s our top 5 essential managed security solutions:
1. Endpoint Detection & Response (EDR)
Our Managed EDR Service helps organisations to quickly identify and stop attacks that bypass traditional anit-virus and firewall defenses. It provides advanced threat hunting and detection capabilities by extending surveillance and visibility into all endpoints connected to your networks, such as workstations, servers, phones, tablets, manufacturing and OT systems. Our trusted team of security experts provide 24/7 monitoring of your complete network for insider threats and advanced attacks, meaning your internal IT team doesn’t get distracted by a barrage of false alarms and business operations aren’t adversely impacted by incidents.
2. Network Access Control (NAC)
Network access control (NAC) is an important part of a Zero Trust Network Access model for security, in which trust is no longer implicit for users, applications, or devices attempting to access the network. NAC provides complete visibility over everything connected to your network, as well as the ability to control devices and users and their access to your network and data. It can assist you in enforcing your access policies and provides comprehensive analytics of user and device behaviour. Our Managed NAC Service not only improves your network security and protects your data, it improves workforce productivity as we can help you to design, deploy, monitor and manage your NAC solution.
3. Security Information and Event Management (SIEM)
A SIEM solution brings together visibility, correlation, automated response, and remediation of threats in a single place, enabling you to rapidly find and fix security threats. Our Managed SIEM Service provides multi-layered threat protection as it combines a SIEM solution with the expert intelligence and experience of our highly trained security analysts, who investigate and correlate network logs in real-time, match up disparate data and apply the latest threat intelligence to filter out normal activity. We can identify and qualify incident alerts and ensure no time is wasted on false positives, providing actionable recommendations to quickly neutralise actual cyber attacks.
4. Cyber Incident Response
As we’ve discussed, it’s a matter of ‘when’ and not ‘if’ a business becomes a victim of a cyber breach or attack, so being prepared for that eventuality is critical. Reducing the time-to-detection, time-to-contain and remediate, not only saves an untold amount of time, money and staff hours but minimises any potential damage on brand, customer trust, profit and overall business value. We can work with you to develop and optimise your incident response plan, to deliver a culture of preparedness, and be ready to quickly act on any security breach, however large.
5. Penetration Testing
Penetration testing is a powerful weapon in your security arsenal as it provides a way to test your business’ security systems. In addition, penetration testing is compulsory to ensure compliance with a number of key regulations (ISO27001 and PCI DSS for example). Using the same techniques as cyber criminals, we undertake controlled and managed simulations of system intrusions to check for potential vulnerabilities and areas of weakness. Giving realistic experiences of attempted break-ins, it enables you to test your security mechanisms as well as your intrusion detection and response capabilities against skilled attackers. Our detailed test reports summarise the potential consequences of any discovered vulnerabilities, whilst also detailing cost effective strategies to mitigate those risks. Our Managed Testing Service also includes the re-run of tests to ensure that your internal team or primary outsource partner has successfully completed remediation.
Advanced cyber threat intelligence, coupled with security expertise and the latest cyber solutions, are needed to protect your assets, devices, data and reputation against the sophisticated attacks of today, and those emerging threats of tomorrow. Managed security solutions from an established and experienced Managed Security Services Provider can help to quickly put you in the right track.
Take a look at this blog post if you would like to know the difference between a Managed Service Provider (MSP) and Managed Security Services Provider (MSSP), or get in touch with the team here at Infosec Partners if you would like to chat about how our flexible managed security services can protect your business.