The Importance of Managed Endpoint Detection and Response in Today’s Threat Landscape
Financial institutions are prime targets for cyberattacks. They handle large amounts of money and sensitive customer data, often with inadequate security measures. This makes them vulnerable to catastrophic breaches.
Managed EDR services from a trusted Microsoft endpoint configuration manager can offer financial institutions the comprehensive security protection they need. Managed endpoint security management monitors endpoints (such as computers and laptops) for threats and responds to them quickly and effectively.
EDR Explained
Endpoint Detection and Response (EDR) is a security solution that constantly watches end-user devices for cyber threats like ransomware and malware. EDR tracks and stores how devices are behaving, uses data analytics to spot suspicious activity, gives context about what’s happening, blocks malicious activity, and suggests fixes to restore affected systems.
Why EDR is Important
- Even the best security can be breached. EDR helps you detect and respond to attacks quickly and effectively.
- EDR gives you visibility into your endpoints. You can see what’s happening on your devices and networks, even if attackers are trying to hide.
- EDR helps you understand and respond to incidents. You can quickly identify the scope of an attack and take steps to contain it.
- EDR helps you remediate incidents quickly and efficiently. You can minimise disruption to your business and reduce the cost of remediation.
- EDR can help you to prevent data breaches by detecting and responding to threats early, before they can cause damage. EDR can also help you to identify and mitigate vulnerabilities in your systems, making them less attractive to attackers.
How Managed EDR Services Protect the Financial Services and Insurances Industry
- Automated Threat Detection with EDR Technology
Managed Endpoint Detection and Response (EDR) technology offers extensive visibility across all endpoints, leveraging behavioural analytics to automatically detect suspicious behaviour. You can create custom searches to find new threats and get alerts about known threats within seconds.
- Enhanced Detection with Threat Intelligence Integration
Integrating with a reputable provider’s cyber threat intelligence helps you detect threats faster and more accurately. It provides contextual information about threats, such as who is behind them and how they attack. This information can help you quickly understand and respond to threats.
- Comprehensive Proactive Defence
Microsoft endpoint managers use EDR technology to actively search for and investigate potential threats in your environment. When they find a threat, they work with your team to assess it, investigate it, and take steps to fix it quickly. This helps to stop threats from turning into major security incidents.
- Real-Time and Historical Endpoint Visibility
Using Microsoft Defender for Endpoint, EDR acts like a DVR for your endpoints. It records critical activity so you can detect incidents that may have slipped by your preventive measures. It also gives you extensive visibility into your endpoints, tracking a wide range of security-related events, such as process creation, registry changes, and network connections.
EDR solutions give security teams the information they need to detect and respond to threats, including:
- IP addresses of devices and servers that the endpoint is connected to
- All user accounts that have logged in, both locally and remotely
- Changes to passwords, programs, and administrative tools
- Processes that are running
- Network activity, including DNS requests, connections, and open ports
- Creation of archive files, such as RAR and ZIP files
- Use of removable media, such as USB drives and CDs
This information allows security teams to see what attackers are doing on endpoints in real time, even as they are trying to break into or move around a network.
- Prompt Investigations
Managed EDR services accelerate investigations because it stores endpoint data in the cloud and uses a powerful graph database to track relationships between events.
This database provides visibility into historical and real-time data, which helps security teams investigate incidents quickly. It also integrates with threat intelligence feeds to provide context for the data, which helps security teams understand the attacks they are dealing with.
This speed and level of visibility helps security teams track even the most sophisticated attacks and promptly uncover incidents. Managed EDR services also help security teams triage, validate, and prioritise incidents – which leads to faster and more precise remediation.
- Remediation Capabilities
Managed EDR services can quickly and easily isolate infected devices from the network, preventing them from spreading malware or being controlled by attackers.
When an endpoint is isolated, it can still communicate with cloud servers, but it cannot communicate with any other devices on the network. This allows security teams to investigate and remediate the infection without having to worry about it spreading.
Be Equipped in Today’s Threat Landscape
Managed Endpoint Detection and Response services can quickly respond to stop cyberthreats before it harms your business but more importantly, protect the network from the inside out.
