How MDR helps MSPs navigate a hostile cyber landscape

In today’s ever-changing threat landscape, MDR increases the cyber resilience of organizations.

Last October, we co-hosted a virtual live event, Blackpoint ReCON, with our partner Blackpoint Cyber. The event brought together industry experts and IT professionals to discuss how security professionals can continue to navigate the modern threat landscape through a pragmatic approach to MDR. During the event, we learned how the increase in ransomware attacks highlights the value of a robust defense and recovery strategy.

A series of notable attacks – including Microsoft Exchange, Kaseya, JBS USA, SolarWinds and Colonial Pipeline – have clearly demonstrated that businesses and critical infrastructure are under attack. The spike in sophistication and speed of the attacks even caught the attention of the White House. He issued an executive order in May 2021 calling on the private sector to address the ever-changing threat landscape.

For small and medium enterprises (SMBs) and managed service providers (MSPs), combating these threats is made more difficult by resource-strapped teams in midsize organizations and budget constraints in small businesses.

Meeting the ongoing challenges of SMEs and MSPs

SMBs, unlike enterprises, often suffer from a lack of adequate resources to effectively manage, detect and respond to ongoing security threats before they become full-scale attacks with disastrous consequences for business continuity and productivity. .

“Small businesses remain a prime target for threat actors. With minimal margins and few resources, a cyberattack could bankrupt an SMB in days,” says Tyler Moffitt, principal security analyst at Carbonite + Webroot, OpenText Companies.

Mid-market MSP customers may not be at the scale or size of an enterprise to respond effectively to cyber threats. They may need additional resources to help strengthen the defense infrastructure at customers. This makes SMBs and MSP customers more vulnerable to attacks that can cripple business operations.

SMBs and MSPs don’t have to tackle the changing threat landscape alone. Managed Detection and Response (MDR) provides a reliable approach to defending and responding to cyber threats.

What is the MDR?

Managed detection and response is a proactive managed cybersecurity approach to managing threats and malicious activity that enables organizations to become more cyber resilient.

Carbonite + Webroot offers two new MDR options for customers looking for a threat detection and response system that meets their specific needs:

  • Webroot MDR powered by Blackpoint is a turnkey solution developed by world-class security experts to provide 24/7/365 threat hunting, monitoring and remediation. Guided by a board of former national security officials and an experienced MDR team, Webroot MDR continuously monitors, tracks and responds to threats.
  • OpenText MDR is designed for SMBs with specific implementation and integration requirements determined by their business and IT environments. Backed by AI-based threat detection, award-winning threat intelligence, and a 99% detection rate, this MDR solution empowers your business to stay agile.

Having an MDR solution can:

  • Reduce the impact of successful attacks
  • Minimize business operations and continuity
  • Strengthen the capacity to become cyber-resilient
  • Comply with global regulations
  • Building customer confidence

In our 2020 Webroot Threat Report, we found that phishing URLs increased by 640%. Similar attacks such as Business Email (BEC) are scams used by malicious actors to lure unsuspecting end users. BEC attacks cost organizations nearly $1.8 billion in losses, according to FBI reports. MDR helps reduce costs and secure an organization’s overall security program investment.

In today’s ever-changing threat landscape, no business can do without a proactive security program. As threat actor behavior becomes more complex, their impact on SMBs and MSP customers becomes more severe. To prepare for, manage, and recover from threats, SMBs and MSPs should consider partnering with a trusted partner to help bolster their customers’ overall protection and stay prepared for any threats that may affect business continuity.

Click here to learn more about how Webroot can empower your business and start your own MDR conversation.

This guest blog is part of a sponsorship by Channel Futures.

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