Over the past 12 months, we have seen a significant increase in the number of cyber attacks on SMEs. Gone are the days when hackers only targeted large businesses. They are increasingly turning their attention to small and medium-sized organisations where there is likely to be less protection and awareness of the damage cyber-crime can do.
This means your business is more vulnerable than ever before. Anti-Virus solutions are no longer fit for purpose as a way to keep your business secure.
SentinelOne Managed Detection and Response from ILUX
Managed Detection and Response (MDR) is the next-level successor to anti-virus software.
It is a “real-time” threat protection system which monitors your network for threats and reacts proactively using a combination of machine learning, AI and real people to identify and block potential attacks before they can infect your systems.
Unlike traditional anti-virus software, which monitors your files retroactively, it takes immediate action to ensure threats are dealt with before they can get into your IT systems.
Does it cost more?
The short answer is yes, but the real cost of not adopting a new level of protection could be catastrophic to your business.
A cyber attack can lead to significant financial losses. A ransomware attack could incur costs if you decide to pay (which we would always advise against), and potential legal costs. However, the real cost is downtime. We have found that, on average, businesses lose around five working days to recover data and get back up and running again. How much revenue would this equate to in your business?
The reputational damage from a data breach can be long-lasting. Customers and partners may lose trust in a company that fails to protect their sensitive information. How would this impact on your brand?
Many industries have stringent regulatory requirements for data protection. Failing to comply with these regulations can result in hefty fines. Investing in MDR helps demonstrate a commitment to cybersecurity compliance, reducing legal and financial risks.
Protection for your most vulnerable area – your staff
Your staff are undoubtedly the most vulnerable part of your cyber protection strategy. Whether intentional or accidental, they pose a significant risk to your business. Cyber criminals are becoming more sophisticated, making spotting malicious links in emails or suspicious websites harder. MDR solutions monitor user behaviour and detect unusual activities, helping prevent data breaches caused by your internal team.
We hope this article has helped you make a more informed decision about whether MDR is right for your business.
Talk to us now and find out how we can keep your business safe now and in the future.
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