The full name of MDR is threat detection and response, which allows enterprise users to enjoy services provided by professional security technicians, such as full-time monitoring, threat alerts, security incident response, threat hunting, etc. In addition, some MDR vendors will provide regular risk assessments or reports so that companies can keep track of the current status of their internal environment.
MDR services are critical to today's business operations. In the 2022 Global Digital Trust Insights Survey, the international consulting firm PwC conducted a survey of 3,522 corporate employees and senior executives from 65 countries around the world. It was found that in the past three years, global 27% of companies suffered financial losses due to data breaches; the amount of losses mainly fell in the range of US$1 million to US$20 million, or even more.
In other words, up to a quarter of companies face financial losses of tens of millions or even hundreds of millions of Taiwan dollars, which is very considerable.
Even though the awareness of cybersecurity has increased in recent years, and large enterprises have the ability to set up dedicated cybersecurity teams, according to a survey by the International cybersecurity Approval Alliance, the gap in cybersecurity talents has reached 65% this year. This means that the lack of professional talent has caused companies to be unable to find people even if they want to find them, not to mention small and medium-sized enterprises with limited resources, which are even less able to face such a dilemma.
MDR services are there to fill these gaps for businesses and minimize the damage. According to a report by international research company Gartner, it is expected that more than 50% of enterprises or organizations will adopt MDR services in 2025. It is obvious that the introduction of MDR services has become a trend.
Through the professional teams of MDR providers and enterprises to work together to effectively fight against cybersecurity threats, enterprises will effectively improve their cybersecurity defense and focus on business operations.
Reference:
- Global Digital Trust Insights Survey, PwC, 2022: https://www.pwc.com/dti2022
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