SecurityBrief Asia logo
Asia's leading source of cybersecurity and cyber-attack news
Story image

Managed cyber services crucial to secure infrastructure, data and processes

By Shannon Williams
Tue 22 Jun 2021
FYI, this story is more than a year old

Managed cyber services are crucial for businesses to secure their infrastructure, data, people, and processes, according to SecurityHQ. 

For best practice, and to comply with regulations regarding data protection, information security and cyber security, particularly with concerns to handling financial, personal, and client-sensitive information, it is in an organisation's best interest to look at managed cyber services, it says.

There are a multitude of managed security services available from Managed Security Service Providers. 

"With core MSSP services in place, security can be heightened to improve both the speed of detection and speed of response," SecurityHQ says. 

"Not only can response time be increased, but mitigations are based on context, so that future threats are further reduced."

According to a recent report from Grand View Research, the global cyber security services market size is expected to reach USD192.70 billion by 2028, registering a CAGR of 10.2% over the forecast period. Continued cybersecurity breaches on the enterprise and individual levels, and the subsequent need to address the vulnerabilities in networks, apps, and systems, are the factors expected to drive the growth.

The need for identifying advanced, persistent threats to networks, monitoring critical infrastructure 24/7, and penetration testing applications for meeting various regulatory compliance standards and acts, is expected to contribute to the growth of the market.

Out of the multiple managed services available, however, there has been a considerable growth in Managed Detection & Response (MDR), Managed Firewall, Penetration Testing, Vulnerability Management, and Digital Forensics.

  • X5 Service Rundown Managed Detection & Response (MDR)

MDR as a service provides round-the-clock monitoring to detect, investigate, notify & respond to incidents & potential threats, as well as limit the impact of security threats. With 24/7 Threat Monitoring, MDR supports incident response using playbooks driven by advanced orchestration & automation systems. This process rapidly contextualises incidents with enriched data, orchestrates response workflows, & automates threat containment.

Key benefits 
24/7 detection of threats powered by real-time analytics
24/7 incident response. 
Advanced correlation & ML to detect complex threats. 
Incident containment & triage contain threats via incident playbooks & SOAR platform. 
Automate containment response to block threats. 
Improved Speed of detection & response. 
SLA provides detection, analysis & notification within minutes. 

  • Managed Firewall

Firewall is your first line of defence against malicious and anomalous activity. It is a crucial element that keeps out dangers, controls, and monitors activity, accepts, rejects, and drops access.

Key Benefits 
Enforce policies across complex, heterogeneous IT environments. 
Keep up with the volume of network security change requests. Maintain compliance and provide documentation for audits and incident response. 
Support application connectivity demands for new technologies, such as the hybrid cloud and IoT. 
Address your acute shortage of skilled Firewall Engineers. 24/7 change management for both multi time zone and out of hours working.

  • Penetration Testing

Interconnected networks of partners, clients, remote offices, wireless LANs, vendors and the internet, have created multiple avenues for attackers to infiltrate. But the challenge organisations face is keeping up with the level of defence. No longer can they solely focus on securing the perimeter alone. Instead, businesses need to proactively identify security gaps that could be exploited by external and internal attacks. Penetration Testing service hunts for, and highlights, vulnerabilities in your network by emulating real-life external and internal attacks.

Key Benefits 
Anticipate security risks before threat infiltration, breaches, and data theft. 
Detect hidden weakness by proactively identifying and testing vulnerabilities to gain unauthorised network access. 
Maintain and demonstrate compliance with regulatory and industry standards. 
Lessen financial setbacks. Attacks cost money in legal fees, lost revenue, reduced employee output and more. 
Protect your reputation and client data and maintain your public image and brand value by mitigating identified vulnerabilities. 

  • Vulnerability Management

Whether it be new technology, systems, people or processes, businesses are continually growing. Growth is positive. However, as an organisation develops, the more vulnerable it becomes. The majority of businesses have a Patch Management problem, and their in-house vulnerability management systems lack discipline, are often financially intensive and usually result in compromised visibility of security posture.

Key Benefits 
Auditable collaboration, precise and applicable synopsis and carefully crafted reports. 
Accurate Prioritisation by identifying key areas of concern, therefore reducing recovery time for remediation. 
Identify and map your businesses risk-level to cyber threats. 
Round-the-clock support for scheduling, monitoring, analysis & reporting of scanning activities. 
Visibility to Stakeholders by highlighting your businesses attitude towards cyber security. 
Realise ROI by unleashing the full potential of your technology investments by maintaining a healthy cyber security posture. 

Digital Forensics & Incident Response
Digital Forensics is used to provide a clear and decisive answer to the question Are we breached?. Without a comprehensive digital forensics service, combined with dynamic threat hunting, your team cannot detect a successful cyber breach and take proactive actions to contain threat and speed up recovery.

Key Benefits 
Proactive discovery of your security breaches. 
Retrieve crucial information for effective and faster response. 
Safeguard data and prioritise time so that the most vital tasks are selected. 
Know who is targeting you, from any geolocation. 
Reassure management of proactive steps to contain security threats.
 
 

Related stories
Top stories
Story image
DevOps
Dynatrace extends application security capabilities for runtime environments
Dynatrace has announced that it has extended its Application Security Module to detect and protect against vulnerabilities in runtime environments.
Story image
Data Protection
Zero Trust, but verify - finding the OT in ZerO Trust
The move to remote and cloud-based technologies has shifted the goalposts for cybersecurity. It now needs to cover multiple people, devices, platforms, and networks.
Story image
Cloud Security
Tenable makes additions to Cloud Security portfolio
Tenable has announced additions to Tenable Cloud Security that represent the next step in assessing threats related to cloud vulnerabilities.
Story image
Microsoft
Avast reveals zero-day exploits targeting Chrome and Microsoft
Avast, released its Q2/2022 Threat Report today, revealing a significant increase in global ransomware attacks, up 24% from Q1/2022.
Story image
scam
Classiscam threat expands to target leading platforms in Singapore
Researchers at Group-IB have uncovered that Classiscam, a sophisticated scam-as-a-service operation, has expanded to Singapore.
Story image
Government
Mandiant researchers uncover significant new disinformation campaign
Researchers from Mandiant say they have uncovered a significant disinformation campaign from the Chinese Government in the wake of U.S. Speaker Nancy Pelosi's visit to Taiwan.
Story image
Web application firewall
Radware recognised in KuppingerCole’s 2022 Leadership Compass report
Radware has been named a Product, Innovation, Market and Overall Leader in the 2022 KuppingerCole Leadership Compass report for Web Application Firewalls.
Story image
Data Protection
Video: 10 Minute IT Jams - An update from SearchInform
Alexey Pinchuk joins us today to discuss the role the company plays in helping organisations manage risk and provide better security outcomes.
Story image
Gaming
Attacks on gaming companies more than double over past year
The State of the Internet report shows gaming companies and gamer accounts are at risk, following a surge in web application attacks post pandemic.
Story image
Data Protection
CyberRes partners with Google Cloud in lead up to BigQuery release
CyberRes, a Micro Focus line of business, has announced a partnership with Google Cloud to support the upcoming release of BigQuery remote functions.
Story image
ExtraHop
Organisations exposing highly sensitive protocols to public internet
More than 60% of organisations expose remote control protocol SSH to the public internet, while 36% of organisations expose the insecure FTP protocol.
Story image
Healthcare
SOTI research explores professional's thoughts on digitisation in the healthcare sector
Interconnectivity, automation and data management were the three key trends highlighted in the report as integral parts of successful medical technology implementation.
Story image
Cybersecurity
FirstWave responds to SMB demand for better cybersecurity
FirstWave developed the CyberCision Open Security Management Platform to respond to SMBs 'urgent' need for comprehensive cyber protection.
Story image
Ransomware
Majority of execs in SEA anticipate ransomware attacks
Kaspersky's study uncovers that more than half believe a ransomware attack against their business is too small to worry about.
Story image
Compliance
Why security needs to shape your journey to the cloud
It's estimated that 80% of workloads could be in the cloud in the next few years. How can you make all that data secure?
Story image
Firewall
Fortinet unveils compact firewall for hyperscale data centres, 5G networks
"Fortinet’s dedication to pushing the boundaries of what is possible in security performance has yielded the most powerful compact firewall yet."
Story image
Malware
Nozomi Networks Labs identifies impacts on 2022 threat landscape
Nozomi Networks’ latest research finds that wiper malware, IoT botnet activity, and the Russia/Ukraine war have had the biggest impact on the threat landscape in 2022 so far.
Story image
Gartner
Veeam named Leader in enterprise backup and recovery
"We believe our innovation and ability to execute validates our solid standing as the #1 trusted provider of modern data protection."
Story image
Data Protection
VMware introduces advanced workload protection for AWS
VMware Carbon Black Workload for AWS delivers comprehensive visibility and security across on-premises and cloud environments for AWS customers.
Story image
Mergers and Acquisitions
Netskope acquires Infiot, delivers integrated SASE platform
Converged SASE platform provides AI-driven zero trust security and simplified, optimised connectivity to any network location or device, including IoT.
Story image
SaaS
Claroty launches new cloud-based industrial cybersecurity platform
The company says Claroty xDome is the industry's first solution to deliver the ease and scalability of SaaS without compromising on visibility, protection, and monitoring controls.
Story image
Open source
Flashpoint acquires Echosec Systems, elevates OSINT capabilities
Flashpoint has acquired Echosec Systems, a provider of open-source intelligence and publicly available information.
Story image
Gartner Magic Quadrant
Gartner positions Commvault as Leader in 2022 Magic Quadrant
Gartner has named Commvault a Leader in its 2022 Gartner Magic Quadrant for Enterprise Backup and Recovery Software Solutions report.
AWS Marketplace
Learn how security orchestration, automation, and response (SOAR) enhances your security strategy.
Link image
Story image
Dark web
Beware the darkverse and its cyber-physical threats
A darkverse of criminality hidden from law enforcement could quickly evolve to fuel a new industry of metaverse-related cybercrime.
Story image
IDC
High level of Customer Identity & Access Management adoption
The study from Okta revealed that the pandemic has either accelerated or highlighted the need for digital-first strategies.
Story image
API
Security gaps in APIs plague organisations - study
Together, the findings highlight that existing solutions and API security tactics focused on shift-left strategies are failing to adequately protect APIs.
Story image
Machine learning
Sysdig releases CDR offering to combat cryptojacking
Sysdig has unveiled a cloud detection and response (CDR) offering powered by machine learning to combat cryptojacking.
Story image
Cybersecurity
Palo Alto Networks responds to rise in threats with MDR service
Unit 42 Managed Detection and Response is a new service that can offer continuous 24/7 threat detection, investigation and response.
Story image
VMware
Latest VMware threat report reveals truth about deepfakes
"Cyber criminals have evolved. Their new goal is to use deepfake technology to compromise organisations and gain access to their environment."
Story image
SAP
Microsoft unveils two new security products to help reduce attack surfaces
The products are set to give companies deeper insights into threat actor activity and help them successfully navigate the changing threat landscape.
Story image
Rubrik
Gartner names Rubrik Leader in 2022 Magic Quadrant
Rubrik has been positioned by Gartner as a Leader in the 2022 Magic Quadrant for Enterprise Backup and Recovery Software Solutions.
Story image
Ransomware
Ivanti and SentinelOne partner on patch management solution
Ivanti and SentinelOne will integrate their technologies Ivanti Neurons for Patch Management and SentinelOne's Singularity XDR platform.
Story image
Indusface
Why enhancing bot protection for web and API endpoints matters
The trouble with bots is that they aren’t all bad. Unfortunately, this can make it challenging to detect malicious bots that find their way into your system and threaten your business.
Story image
Cybersecurity
Qualys develops EASM capabilities for Cloud Platform
"Qualys unique approach to EASM is integrating the internal and external asset data from CyberSecurity Attack Management with its VMDR solution into a single view."
AWS Marketplace
Whitepaper: A practical guide for mitigating risk in today’s modern applications
Link image
Story image
Malware
Research shows attacks on the gaming industry are getting worse
Web application attacks in the gaming sector have grown by 167% from Q1 2021 to Q1 2022, according to new research from Akamai.
Story image
Privileged Access Management / PAM
The importance of stopping identity sprawl for cybersecurity
The 2021 Data Breach Investigations Report (DBIR) shows that 61% of all breaches involve malicious actors gaining unauthorised, privileged access to data by using a compromised credential. Unfortunately, it is often too late when the misuse of a credential is detected.
AWS Marketplace
Watch this webinar to gain building blocks for data mesh, and how AWS customers today are successfully enabling domain driven data.
Link image
Story image
Malware
Avast One extends protection with Online Safety Score
Avast One has extended its cross-platform support by adding its Online Safety Score feature to both the Mac and iOS platforms of Avast One.
Story image
Cybersecurity
More than a fifth of cybersecurity teams ban the use of public WiFi
Verizon’s fifth annual Mobile Security Index report has revealed a continued rise in significant cyberattacks in the last year involving a mobile/IoT device.