How to Ensure You Have Complete Visibility to Cyber Threats - The primary foundation of a cloud...
Managed eXtended Detection & Response (MXDR) is a new, emerging genre of cybersecurity defense, MXDR provides a platform for outsourcing cybersecurity functions and services to protect your IT infrastructure and data. MXDR is a recommended alternative for identifying and responding to never before seen attacks and the most elusive cyber threats that are virtually undetectable by standard on-premise cybersecurity controls. Today, only about 5% of organizations use MXDR services, but according to the Gartner Group, this market is expected to grow to 50% by 2025.
Cyber threats continue to evolve, both in terms of volume and sophistication. Simultaneously, many companies struggle to maintain well-equipped security operations centers (SOCs) staffed with competent cybersecurity professionals. A recent Devo SOC Performance Report revealed that 40 percent of organizations struggle with SOC staff shortages. Moreover, 78 percent of in-house security personnel find it very painful to work in a SOC due to stress-related burnout. Experts estimate that this problem will continue to grow, with cybercrime expected to cost the world $6 trillion in 2021 and $10.5 trillion annually by 2025.
Many organizations can enhance their effectiveness by outsourcing essential cybersecurity services to MXDR vendors. MXDR platforms facilitate advanced protection and response, analytics and automation while leveraging Artificial Intelligence (AI) and Machine Learning (ML). These functions enable the anticipation, detection and identification of threats within business-generated data. The best providers of MXDR services integrate sophisticated technology and skilled, human, cybersecurity analysts to address and respond to cyber threats. In this way, the protection of data and infrastructure from complex assaults by unknown attackers is hardened.
The need to develop MXDR solutions is necessitated by three primary trends emerging within the IT landscape.
1. Digital Transformation
Organizations across all industries are embracing new technological tools and solutions faster than ever before. This digital transformation has encouraged businesses and enterprises to invest in endpoint controls and devices. The objective of this investment is to increase productivity and output. However, this business strategy has a shortcoming in that it expands the attack surface available to malicious actors. The phenomenon leaves organizations highly vulnerable to numerous cybersecurity threats. Enterprises remain increasingly exposed as they lack the necessary talent, skills and tools to detect and respond to incoming and already embedded bad actors and malware.
2. Emerging Market Trends
Emerging market trends have ensured that MXDR is now more critical than ever before. According to IT experts, technology is becoming a vital element of contemporary society. As a result, this has resulted in increased cybersecurity threats. MXDR is rapidly gaining momentum in IT circles as well as the board room as cybersecurity is becoming more and more important as the highest levels of business. This trend has increased organizational capabilities regarding threat detection, quick response times, and threat prevention. Many organizations remain frustrated over the high rate of data breaches. It is a trend that confirms cybercriminals have the upper hand due to more advanced and sophisticated tools and methods. MXDR is helping to turn the tables and allow businesses to take more control of their cybersecurity posture. It has become a reliable tool for cybercrime prevention.
3. Organizational Trends
Most cybersecurity teams and security operations centers struggle to remain afloat amid today’s highly dynamic cyber threat environment. Small-and medium-sized enterprises are severely disadvantaged in keeping up with daily, tactical cybersecurity events due to a lack of threat detection and security incident response capabilities. Moreover, notable Fortune 500 companies may be incapable of performing advanced proactive cybersecurity services, such as intelligent threat hunting and monitoring. Lacking enough resources to detect and respond to threats can result in multiple attacks, which is why every company should be implementing an MXDR solution.
Building next-generation capabilities for threat detection and response is not feasible for many organizations due to the expense involved and the lack of cybersecurity talent available today. Securus360’s MXDR services solve this challenge by delivering advanced detection and response capabilities as a service, thereby removing the complexity and cost of building an in-house, next-generation security operations center.
Securus360's MXDR offering helps you anticipate and hunt for cyber threats beyond passive security monitoring. An alert has to pass a 21 point checklist to be validated before it is sent to a client; we can also deliver Auto-Containment of identified threats and assist with incident response. We follow distinct phases of threat management and provide an AI-driven MXDR service for each phase. Our MXDR platform coordinates appropriate actions during each phase of the threat’s lifecycle, helping our customers achieve tangible and measurable high-speed cyber defense.
Key phases of the process include:
1. Threat Anticipation
From security news to protection within hours.
Our platform applies global threat intelligence to enhance your protection. Every day you read or hear about a new security threat that has claimed multiple victims. After initial success, attackers typically repeat their attack against other targets across industries and geographies. A vital part of the MXDR service from Securus360 is to gather data and intelligence on known threats and attacks worldwide. We then distill the information to identify which customers might be affected.
We then detail each customer's specific actions to protect their digital assets before such an attack can be launched. This tailored threat anticipation goes far beyond traditional passive threat intelligence feeds that are available. Instead of the days or weeks traditionally needed to move from news to protection, Securus360’s service can make it happen within hours, sometimes minutes.
We continuously collect threat data from various feeds, news, blogs, social media, and dark web resources in the platform’s proprietary threat intelligence module. The data is analyzed in each organization and vertical market to determine the possibility for threats to materialize. If a threat is likely to occur, measures are put into place for detecting it quickly and responding to it immediately with appropriate response playbooks.
2. Threat Hunting
Do not wait for the bad guys to show up on the radar, hunt them.
We apply data science and machine learning models to network, user, and machine data to proactively hunt for unknown and hidden threats in your environment. Our platform uses data science models and machine learning algorithms to detect suspicious and irregular activities. A specialized hunting team then analyzes these outputs and queries the data further to detect serious threats that may have bypassed other security controls.
3. Security Monitoring
Detect known attacks and compliance violations at machine speed.
Utilizing our integrated SIEM, we apply real-time rules to logs and security events to detect attacks. A variety of SIEM technologies are available to organizations, but they can be hard to operationalize and maintain in-house. Our MXDR offering delivers the SIEM outcome for detecting threats, policy, and compliance violations. We also leverage existing SIEM investments by our clients, integrating their logs to provide enhanced visibility to threats.
We collect your logs and security events for analysis on our big data SIEM platform. Instead of a static approach, we build and constantly fine-tune the rules for detecting threats and instances of non-compliance. We then monitor the alerts on a 24x7 basis and notify you according to the severity of these alerts after our in-house cybersecurity analyst team has thoroughly vetted them.
We extend security monitoring to hybrid and pure cloud infrastructures. Connectors along with specific use cases enable detection of attacks to cloud consoles, including Azure and AWS. 24x7 monitoring also enables the protection of the cloud infrastructure for all types of deployments, including PaaS and SaaS. Deep connectors and specialized use cases enable the detection of new age attacks on cloud applications. Comprehensive coverage is provided for AWS, Azure, Office 365 and its components, including email, DLP, SharePoint, Intune, and Dynamics.
4. Incident Analysis
Not every alert is an incident, and not every incident is an alert.
Triaging the alerts to focus on the most relevant threats and then investigating them to establish a security incident is critical. The system converts alerts into more meaningful information such as the attack chain, blast radius, and potential impact on assets.
Not every alert needs an incident response plan to be activated. The alerts need to be investigated for who, what, when, and how to determine the impact's extent. Our MXDR offering validates the threats with AI and human intelligence to provide the most profound incident analysis available on the market today.
Activate orchestrated remediation in minutes to contain incidents.
Execution of rapid, coordinated activities for containment, eradication, and recovery is a critical aspect of cybersecurity. Auto-containment technologies have emerged for automating incident response, but they need organizations to build up a considerable knowledgebase and hire the requisite skills to utilize them. As a practical alternative, our MXDR offering provides you auto-containment as a service in a collaborative approach between your team and our specialized responders via our response orchestration technology platform.
We use our response automation platform with its response workflows, case management, forensic tools and playbooks for various incidents. Our responders collaborate with your distributed teams to contain, mitigate, and recover from significant incidents leveraging our platform and our knowledgebase. Our teams also build and update response playbooks as new incidents emerge to ensure our clients have everything they need to respond to a bona fide incidence of compromise.
6. Incident Response
Get back to business operations fast.
When there is a breach of protected data (PCI, HIPAA, PII, etc.) or confidential customer data, our MXDR service assists in incident response. We provide services for forensics, evidence collection and retention, assessing the impact on compliance with regulatory requirements, and best practices for breach notifications.
As discussed above, Securus360 MXDR platform combines multiple cybersecurity activities, such as threat intelligence, advanced analytics, auto-containment, threat hunting, threat anticipation, and 24/7 security monitoring. The system has sophisticated Artificial Intelligence and Machine Learning models woven throughout.
Delivering all the details on one pane of glass, the Securus360 MXDR platform comes as a complete service ready to deploy while leveraging the client’s existing security solutions. With over 1,000 highly qualified analysts and cybersecurity experts who are constantly monitoring events and on standby to respond to any cyber incident we complement the current security personnel as an extension of the team empowering Always-On 24x7 Protection.
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Managed eXtended Detection & Response (MXDR) is a new, evolving genre of cybersecurity defense,...