With the advancements in technology, cybercriminals have varied tools at their disposal to perpetrate more sophisticated and creative attacks. This makes proactive threat detection and response (TDR) more essential than ever. The cost of a cyberattack, especially for small businesses, can be monumental. But, with robust threat detection and response strategies in place, you can cut down response time and neutralize malicious activity before it becomes a full-blown attack. Since small businesses are often favorable targets for hackers, it’s essential to strengthen defenses and select the right threat detection and response tools that can protect your data.
In this blog post, we explore the benefits of threat detection and response for small businesses as well as best practices and available technologies.
what is threat detection and response?
Robust threat detection and response solutions often combine technology, threat intelligence, and human expertise to identify and act against advanced threats. This involves continuous monitoring of your network, cloud, endpoints, and other IT infrastructure to detect and contain an active or lurking security risk before it causes any significant damage to your business.
why is threat detection and response important for small businesses?
Hackers frequently target small businesses. For small businesses, a successful cyberattack can significantly dent their finances and customer trust in their brand. In 2019, on average, it cost small businesses $84,000 to recover from a ransomware attack. This is often enough to put such companies out of business. Having a robust and meaningful threat detection and response strategy is essential to combat a growing list of cybercrimes, such as malware, and minimize the impact of a breach. Threat detection and response solutions provides an additional layer of security to help small businesses better defend against a potential breach.
Here are two key benefits of these solutions.
Reduced response time
Faster threat detection
With robust threat detection capabilities in place, you are more likely to notice the early red flags of a security breach and minimize its impact.
best practices for threat detection and response
As a small business, here are some things you can do to enhance your threat detection and response capabilities.
Implement a managed detection and response (MDR) solution
Adding an MDR solution to your security stack is a great, often cost-effective, way to harden your defenses and maximize protection of your systems. MDR solutions can give your small business access to advanced threat detection and response, helping you neutralize risks at a faster pace and secure your operations.
Conduct regular security awareness training
Create an incident response plan
Having a well-designed incident response plan provides your team with a roadmap for action in case of a cyberattack. It gives your team guidance on how to address, recover, and communicate with employees and stakeholders if an attack takes place.
Managed Detection and Response (MDR) Software for small businesses
MDR is a cybersecurity service that can provide small businesses with advanced threat monitoring, detection, and response at a more affordable cost. This is a great solution for small businesses to bridge the gaps in their security expertise and augment capabilities for better protection. Through round-the-clock security monitoring and expert guidance, small businesses can ensure rapid response to threats with MDR technology.
GraVoc has partnered with Blackpoint to provide clients with robust MDR capabilities through our Managed IT services.
Blackpoint’s true, 24/7 MDR technology stops breaches by detecting the earliest signs of a threat. The MDR includes a human element, allowing for a more nuanced and hands-on approach to threat detection and response. Their experienced team leverages proprietary technology and intelligence to monitor for indicators of compromise, malicious behavior, and open risks. In the fastest response times seen by the industry, Blackpoint isolates and stops malicious processes, taking action to neutralize threats in real-time.
Click below to learn more about Blackpoint and our managed IT services. If you are looking to add this MDR to your security stack, contact us today!
Related articles
Cybersecurity Threat Predictions for 2025 from a Security Expert
GraVoc’s Director of IT Assurance & Security Research, Michael Kannan, shares his top cybersecurity threat predictions for 2025.
Guide to eCommerce Security Best Practices for Your Online Store
This Cybersecurity Awareness Month, we dive into eCommerce security, including common threats, and best practices to protect your online store!
Expert Take: Why Regular IT Audits Are Important for Businesses
In this blog post, our Director of Risk Management & Audit, Brian Brunelle, explains why businesses should conduct regular IT audits.