Bitdefender survey shows Right Size EDR, not SOC needed to address Security Flaws>
IT Security Guru – Japonica Jackson
Bitdefender, a leading global cybersecurity technology company protecting 500 million users worldwide, today announced the results of its latest survey, showing that more than half of CISOs worldwide (65 percent UK) are worried about a global skills shortage. Sixty-nine percent of respondents around the globe also reported that their team is under resourced, with more than half of respondents in all markets but Italy reporting that their IT security team is too small. Seventy-two percent of information security professionals admitted that their IT team experienced agent and alert fatigue, and 33 percent of UK respondents said their budget could not accommodate infrastructure expansion. Half of the CISOs surveyed worldwide admitted their company was breached in the past year, but one sixth of those respondents donât know how the breach occurred. Fifty-seven percent of UK respondents had experienced an advanced attack or malware outbreak. One quarter of all respondents expect this issue to continue, and think their company is likely to face an ongoing security breach without them knowing it. Using existing security tools, UK CISOs believe 63 percent of advanced attacks can be prevented, detected, and isolated, but anticipate it would take three weeks to detect any such attack. With the global cost of cybersecurity breaches expected to reach $6 trillion by 2021, analysts have seen companiesâ security spending start migrating from prevention-only approaches to focus more on detection and response. Gartner expects that spending on enhancing endpoint detection and response (EDR) capabilities will become a key priority for security buyers through 2020. half of IT executives worldwide said that managing EDR tools is difficult or very difficult. In both the US and UK, 49 percent of all endpoint alerts triggered by monitoring and response techniques turned out to be false alarms. Sixty-nine percent of UK respondents in companies with no SOC said speed to investigate suspicious activities is one of their toughest challenges. 38% of UK respondents, and one third of respondents across all markets, said that lack of proper security tools is the main obstacle that prevents rapid detection and response during a cyberattack. On average, 82 percent of security professionals in Europe and the US say that reaction time is a key differentiator in mitigating cyberattacks. CISOs attest that time is of the essence when isolating the incident to prevent spreading (68 percent), identifying how the breach occurs (55 percent), and evaluating losses and the impact of the breach (51 percent). CISOs agree that delayed response to a cyber incident can also make it harder to accurately identify the initial time of attack and assess the timeframe (30 percent), understand the motivation for the cyberattack (19 percent), or improve the incident response plan for future attempts (17 percent).
Link: http://www.itsecurityguru.org/2018/04/11/bitdefender-survey-shows-right-size-edr-not-soc-needed-address-security-flaws/