Keeping your company safe from cyber threats is critical for any organization. Installing the most recent antivirus solutions used to be enough to keep your company safe from these threats. However, the world of IT security is rapidly evolving, as businesses require additional safeguards to stay ahead of these attacks. Endpoint detection and response (EDR) and advanced threat protection (ATP) provide a far more effective solution against modern-day cybercriminals.
What are ETR and ATP?
Endpoint detection and response (EDR) is a cybersecurity solution that gathers data from all endpoints to provide a comprehensive picture of potential cybersecurity threats. The EDR solution will be installed on each user's computer by IT professionals. The EDR software will then monitor the system for malicious activity, similar to antivirus software.
Unlike traditional anti-virus and anti-malware protection, EDR solutions can detect ransomware, unknown malware, and malicious activity. It accomplishes this by inspecting your system and ensuring that all activity is behaving properly.
One of the primary goals of ATP is to detect potential threats before they cause widespread damage to your company. ATP works around the clock to provide real-time visibility while protecting your system from cyber criminals. Advanced EDR technology also plays an essential role in protecting your company from cyber attacks by automatically responding to these threats and removing or containing them. Using EDR technology to protect your company from ransomware attacks is especially effective.
Why use them?
Here are the top five reasons why ATP and EDR offer the best level of protection in today's workplace.
- Reduces Cyber Insurance Premiums
As the cybersecurity landscape evolves, many businesses have invested in cyber insurance to protect themselves from various technological risks. Cyber insurance provides coverage to assist businesses in preparing for, responding to, and financially recovering from cyberattacks. Many insurance companies now require businesses to have an EDR solution in place to be covered. Others, on the other hand, provide lower premiums to businesses that use an EDR solution.
- Maintain Application Inventory
Tracking all of the applications that employees use is critical to cybersecurity. Using this technology makes it simple to monitor and manage each application because there are no unknown devices. For added security, native firewall control is also available for Windows, Mac, and Linux users.
- Fills Antivirus Protection Gaps
The cybersecurity threat landscape has shifted dramatically in recent years. Every day, cybercriminals create thousands of malicious codes. Anti-virus and malware protection are no longer adequate to combat today's threats. EDR solutions can detect and remediate threats that anti-virus and anti-malware solutions may never detect. This protects you and your company from all malware, not just known threats.
- Securing BYOD Policies
Is your company's Bring Your Device (BYOD) policy in place? Many employers do, and there are advantages to doing so. The security risks, on the other hand, are enormous. If you allow employees to use their own devices for work, you must strengthen security measures.
Endpoint protection software installed on your employees' computers is required to increase the security of a BYOD workplace. Yes, they must install software on their devices, but if they want to use their device, they must make a sacrifice.
- Relentless Malware
One piece of malware can install a backdoor on a device, allowing it to continue infecting other machines, sometimes undetected. You may catch one instance of malware, but as soon as you remove it, another appears.
Some viruses and Trojan horses are unstoppable. Even the most sophisticated antivirus software won't detect new malware that hasn't been around for long.
Zero-day threats are particularly dangerous because they cannot be stopped immediately. Without advanced software to detect potential threats, you may not notice a problem until it is too late.
- More Visibility and Clarity
Another reason to think about ATP and EDR technology is that it adds visibility and control to any Bluetooth, USB, or Bluetooth LE device on your network. Using this technology, you can modernize your approach to endpoint security, respond to events in real-time, and increase your threat awareness.
- Protect Business Reputation
A single cyberattack can destroy your reputation. Depending on the data stolen and/or exposed, you may find yourself dragged through the mud in the news and on social media.
Your reputation is important in business. Customer behavior is influenced by how you are perceived. Companies with positive reputations do well, while those with negative reputations struggle.
According to TechJury statistics, 65% of companies experienced a negative impact on their reputation as a result of a data breach. Share prices of publicly traded companies fall, and even small businesses are frequently boycotted following a data breach.
- Support Of Security Experts
Aside from the automated capabilities that EDR tools provide for detecting and blocking threats, EDR solutions frequently improve an organization's ability to analyze security risks on a human level. Many cyber security software vendors provide managed EDR tools, which provide other businesses with the support of a security operations center (SOC) to manage the tool and review incidents.
Redscan, for example, provides a managed EDR solution that, according to the company, can free up time for existing IT employees.
"By analyzing, triaging, and prioritizing EDR alerts and communicating only those that truly require attention, Redscan's SOC experts free up your in-house security team to focus on incident response and other aspects of security management," the cyber security solutions provider claims.
Modern threats and the increasing sophistication of cyber criminals force organizations and IT, service providers, to develop new information security tools. For intruders, workstations are the most common rooting and attack deployment environments. As a result, their security comes to the fore. A standard set of tools, such as SIEM or antivirus software, is no longer sufficient to combat such threats. Many attacks, no matter how well disguised, necessitate a deeper audit to identify hacker activities. And we know that malefactors are increasingly using legitimate operating system processes. EDR speeds up the collection of primary evidence, reducing overall response time from hours to a few minutes.
However, processing this data and responding to incidents competently requires a professional team of analysts. A company would require a dedicated IT team, which would be extremely difficult given the scarcity of such professionals and the high cost of hiring them. Hiring a third-party service provider is an option. The maintenance and analytics will be handled by your service provider. Increased expertise and access to TI databases, subscriptions, and industry regulator data enable the contractor's experts to contribute additional details to the incidents recorded by EDR and improve the investigation's performance.