As Cyber Threats Grow, Companies Adopt Cybersecurity as a Service

How good is your company at detecting intrusions into your computer network? Even if you aren’t aware of any problems, hackers may already be in your system and accessing your data. “It’s not at all uncommon that the first time a company knows they’ve been attacked is when the FBI comes and tells them they’ve seen their data on the dark web,” said Daniel Clayton, VP, global security operations and services at Bitdefender, a cybersecurity service provider.

Cybersecurity is a growing concern for manufacturers, suppliers, transportation providers and others who share data in the digital supply chain. Any unprotected connections along this supply chain could enable cybercriminals to enter other companies’ networks. Traditional anti-virus and firewall software can’t provide the necessary defense against these threats; it takes a more robust, 24/7 cybersecurity program and experienced, knowledgeable personnel to address them. Today, many businesses that don’t have the manpower, the knowledge or the financial resources to mount this kind of defense are relying on providers of cybersecurity as a service.

There are many variations of cybersecurity as a service (CSaaS), but the fastest growing is managed detection and response services (MDR). According to Gartner’s 2021 market guide, MDR provides customers with “remotely delivered modern security operations center (MSOC) functions. These functions allow organizations to rapidly detect, analyze, investigate and actively respond through threat mitigation and containment.”

MDR is not an all-inclusive solution; it does not handle security-related tasks like patching and vulnerability management. But Gartner predicts that by 2025, 50% of all organizations will be using MDR services as part of their cybersecurity measures…

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