Financial service organizations have specific security requirements for Managed Detection and Response. With limited resources and growing responsibilities, it’s critical to get the vendor selection process correct the first time.
One of the questions that continuously hounds cybersecurity professionals is whether they’re keeping up with the methods and technologies used by attackers. Cybercriminals have made it their business to understand and utilize the latest technologies to their advantage. They’re always looking for any opportunity to get a leg up on the protections and defenses being employed by companies.
There is no doubt that security monitoring is important regardless or company size or industry. According to the respected Verizon 2019 Data Breach Investigations Report, “…we don’t see any industries flying completely under the radar. …everyone is vulnerable to some type of event.” The question is how to implement an effective program. Many companies jump into a project without considering managed security monitoring as an alternative to an in-house SIEM deployment.