Securing Your Organization’s Network on a Shoestring
In this blog post, we will discuss how to protect your resource-constrained organization’s endpoints, networks, files and users without going bankrupt or losing sleep.
Security is complicated, expensive and time consuming. Worse, nearly 80% of resource-constrained businesses ONLY deploy antivirus and firewalls while hardly spending on other defenses. Meanwhile, the threatscape continues to degenerate: 60% of resource-constrained firms say attacks are becoming more severe and more sophisticated.
In 2017, cyber attacks cost small and medium-sized businesses an average of $2,235,000.
Fifty-eight percent of malware attack victims are categorized as small to medium businesses.
Attacks Go Undetected
There are 400 new threats per minute and 70% go undetected.
Lack of Response
88% of organizations handle only 25 or less of the critical events they encounter per day.
To face the evolving threatscape, large enterprises buy, integrate and deploy multiple products to build a defense-in-depth strategy. But most resource-constrained companies can’t afford and aren’t staffed to do the same.
So How Can Resource-Constrained firms Complement Their AV and Firewall Without Breaking the Bank?
Purchase another point solution
Organizations can choose to deploy one or multiple point solutions on the market to solve a specific problem. This approach, however, is not only very expensive and requires a large team of security analysts but is also not purpose-built to address cyber risk in a holistic way. Existing security point tools flag threats and anomalies but fail to look at the organization as a whole. Today’s attacker takes a multi-pronged approach across network and endpoint—leaving resource constrained firms vulnerable.
Complement their AV with a security platform
A true platform understands the high volume of activities that take place each day and correlates them to determine a firm’s intrinsic risk—without integration, deployment and maintenance overhead. Further, a security platform provides a robust suite of security controls, as well a team of security experts on 24/7 standby. This expertise is crucial at most critical moments in the event of a breach as well as to perform forensics or threat hunting.