Why businesses are turning to Managed Detection and Response Services
Blog|by Leanne Bevan|30 September 2024
Cyber security is a top priority (or at least should be) for all businesses. From various breaches to more regulations being created. But for some, it can be hard to manage effectively. This is why Managed Detection and Response (MDR) Services are a game-changer for many businesses.
What is MDR?
Managed Detection and Response (MDR) services combine advanced technology with human expertise to proactively identify, monitor, and respond to cyber threats. Here are some key aspects of MDR:
- Threat Hunting: MDR services involve continuous threat hunting to detect hidden and sophisticated threats that might bypass traditional security measures.
- 24/7 Monitoring: These services provide round-the-clock monitoring of your network, endpoints, and other critical systems to quickly identify and respond to potential threats.
- Incident Response: When a threat is detected, MDR services offer rapid incident response to contain and mitigate the impact of the threat.
- Expert Analysis: MDR combines automated tools with human expertise to analyse security events and provide actionable insights.
- Managed Security Tools: MDR providers often manage and optimise security tools on behalf of an organisation, ensuring they are effectively configured and maintained.
What are the benefits of MDR?
MDR services help organisations enhance their cyber security posture without the need for extensive in-house resources. This makes them a valuable option for businesses looking to improve their defences against cyber threats.
Time-Saving:
MDR services can drastically reduce the time it takes to detect and respond to threats, often from months to mere minutes. This quick response helps minimise the impact of potential security incidents.
The Ponemon Insititute found that the average time to detect a security incident is 32 days for organisations with a Security Operations Centre (SOC) and no MDR, compared to just 10 days for those using MDR.
Continuous Monitoring:
With continuous monitoring, MDR services ensure your systems are always being watched for suspicious activity, providing peace of mind and constant protection. This proactive approach helps identify and stop sophisticated threats that might otherwise go unnoticed. You don’t have to employ two or more people to cover day and night shifts and holidays/sickness leave.
Combined Security:
MDR providers combine human expertise with advanced security tools and threat intelligence to effectively identify and mitigate threats. This combination ensures a higher level of security than what many organisations can achieve on their own.
Cost-Savings:
By outsourcing to an MDR provider, organisations can avoid the high costs associated with hiring and training in-house security experts. For instance, an experienced cyber security analyst’s salary could be around £60-80k a year in the UK, plus PAYE, pension and other associated hiring costs. Whereas, the average cost of an MDR service is a lot less. This makes it a cost-effective solution for maintaining robust cyber security defences.
A report by Orca Security found that MDR users see up to 50% cost savings in Cyber security operations.
Resilience:
MDR services help optimise your existing security configurations and eliminate vulnerabilities, making your organisation more resilient to attacks.
The Ponemon Insititute’s research found that organisations with MDR had a 62% reduction in the average number of security incidents per year.
Reporting:
MDR providers offer detailed reports and insights into detected threats, incident responses, and overall security trends. This information is valuable for making informed decisions and improving future security measures.
MDR providers
Here are some of the partners we work with that offer Managed Detection and Response Services. They each have different benefits and price points.
Acronis
Acronis Managed Detection and Response (MDR) is a robust endpoint security service tailored for Managed Service Providers (MSPs). It offers continuous 24/7/365 monitoring and support from a top-tier Security Operations Center (SOC) team, integrating cyber security, data protection, and endpoint management into a single platform.
This service ensures rapid prioritization and response to security incidents using extensive telemetry and threat intelligence, while also providing integrated remediation and recovery options to maintain business continuity.
Designed for scalability, Acronis MDR enhances security effectiveness and operational efficiency without requiring significant security resources.
ESET
ESET Protect Managed Detection and Response (MDR) combines advanced AI technology with human expertise to provide 24/7 threat detection and rapid incident response. This service is designed to protect businesses from sophisticated cyber threats by continuously monitoring and proactively hunting for potential risks.
ESET MDR leverages a global network of sensors and threat intelligence to quickly identify and mitigate attacks. This significantly reduces the time to detect and respond to incidents.
It is particularly beneficial for organisations that lack in-house security specialists, offering a robust solution to meet compliance and regulatory requirements while ensuring business continuity.
Sophos
Sophos Managed Detection and Response (MDR) provides 24/7 threat detection and response. It combines advanced technology with expert human analysis to identify and neutralise cyber threats quickly. The service includes an instant security operations centre (SOC), expert-led threat hunting, and full-scale incident response capabilities.
Sophos MDR can integrate with existing cyber security tools, offering flexibility and enhanced protection without additional infrastructure.
This service helps organisations reduce the risks and costs associated with security incidents, ensuring a robust defence against cyberattacks.
Find out which MDR service is right for your business
Unsure which MDR solution is right for your business’s security needs and budget requirements? We can help.
Fill out the form below, and a member of our cyber security team will contact you to discuss each solution further and provide quotes.
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