In 2020, two-thirds of all companies surveyed reported being the victim of a data breach*. Businesses of all sizes are at risk of attack, and one of the most notable incidents last year was the supply chain attack by multi-million dollar infrastructure systems provider SolarWinds.
F-Secure also noted a growing trend of criminals targeting health data during the pandemic, and one of the largest data breaches in 2020 was an attack on Medicaid coordinator Gridwork, which resulted in the theft of approximately 650,000 records. Such attacks will only increase as the trend towards remote working continues and the complexity of threats also increases.
When most people think of cybersecurity, they think of blocking attacks before they happen. This makes sense and prevention is an important part of an effective defense. However, the unfortunate truth is that there is no such thing as perfect prevention. Most, if not all, businesses will be breached at some point, and this is where Endpoint Detection and Response (EDR) comes in.
EDR solutions work by proactively detecting under-the-radar threats and taking action to contain them immediately and limit potential damage to your systems. Here are seven reasons why an EDR solution is essential for today’s businesses.
* 2020 Ponemon Cost of a Data Breach Report
1. It prevents data leaks
As mentioned before, EDR kicks in after an attack has passed past your prevention system (or Endpoint Protection as we call it). However, an advanced EDR system detects threats in real time and enables you to stop a breach immediately before your IT environment is compromised.
2. It automatically picks up threats that have gone undetected
If an incident goes undetected and an endpoint is compromised, EDR has methods to detect it. It uses advanced analytics to pick up unusual behavior patterns that could indicate a breach and alert the administrator. Using automation in this process means your organization is protected 24/7 as both the detection and response action can be automated in most cases.
3. It speeds up incident response
EDR solutions track all interactions between the endpoints in your network. This means that once your security team is alerted to an incident, they can quickly identify where it originated and take action to isolate and eliminate the threat.
4. It provides real-time insight into all endpoints
Admins can monitor endpoints live and investigate suspicious activity. EDR solutions track many different events and processes such as logins, registry changes, network connections, etc.
5. Lets you proactively hunt for threats instead of waiting for alerts
Without an EDR solution, you rely on being notified by a user of a problem or something else going wrong. This is why 56% of breaches go undetected for months*. An effective endpoint detection and response solution proactively searches for threat indicators and alerts you to suspicious activity.
6. It simplifies your endpoint management
Advanced EDR solutions work together with endpoint security systems and let you do all your endpoint management from a single console.
7. It is cost efficient and reduces your workload
Without an EDR solution, your security team is wasting a lot of time and resources detecting and responding to breaches. A good EDR solution enables your IT team to work more effectively by reducing the need to constantly monitor multiple tools and dashboards.