Cybersecurity Ventures estimate that cybercrime will cost the world economy as much as $10.5 trillion by 2025.
“As hybrid and cloud environments become more prevalent, organisations must prepare for the inevitable rise in data breaches and targeted cyberattacks in all industry sectors,” says George Daglas, chief of strategy and customer success at Obrela. “Despite investing in cutting-edge technology and implementing multiple layers of defence, many organisations struggle to detect cyberthreats early and face unexpected breaches daily.”
Daglas believes that the solution to reducing complexity lies in finding the appropriate balance between artificial and human intelligence. This can be done by adopting reputable managed detection and response (MDR) services as a key element of an organisation’s cyber defence.
“Endpoint security is no longer something that is simply ‘nice to have’ as a monitoring service,” he explains. “Combining endpoint security with MDR services enables businesses to rapidly react to, investigate and isolate threats, preventing threat propagation while ensuring timely remediation and recovery. This optimises defence, eliminates blind spots and reduces operating costs, while enabling business continuity and success.”
Obrela's MDR service provides 24/7 threat monitoring, detection and response capabilities, helping clients manage operational risks and significantly reduce the time to detect and respond to cyberattacks across their entire digital ecosystem. Its Cyber Resilience Operation centres are staffed by certified security analysts with expertise in monitoring and delivering incident response on different domains.
Obrela emphasises three key principles to help organisations improve their cybersecurity strategies. “It is all about trust, resilience and agility,” says Daglas.
“Trust involves a company understanding its attack surface and focusing on reducing the probability of a breach. To become more resilient, organisations should assume that breaches will occur and consider how to prepare for the inevitability of an attack. Lastly, organisations must become more agile by adopting new security models that integrate cyber risk management as part of their decision-making process.”
This article was originally published in the Spring 2023 issue of Technology Record. To get future issues delivered directly to your inbox, sign up for a free subscription.