For most online enterprises, cyberbreaches are inevitable. Ever-more devious exploits evade traditional means of detection and move laterally through invaded systems until they reach their intended targets. Preparing for the eventuality of an attack is imperative. Managed detection and response (MDR) systems are perhaps the best hope of quickly identifying and containing these breaches.
Increasing likelihood and cost of breaches
Cyberbreaches have been a constant threat since the inception of online business. While attackers’ motivations have remained relatively stagnant and focused on financial gain, there is some indication that the frequency, intensity, and sophistication of attacks have shifted. The advent of elaborate attack strategies engineered by well-funded nation-states has made combating these attacks even more complex. According to the Verizon 2019 Data Breach Investigations Report, nearly 42,000 security incidents and more than 2,000 data breaches occurred in 2019.
Malicious attackers usually seek financial and personal information of customers, but the techniques used to garner this information have grown more elaborate and thus become more difficult to detect. Legacy security systems are at increased risk as a result.