When 2020 began, many companies were already somewhere on the cloud transformation journey—either actively working through cloud migration efforts or at least making plans and setting budgets to start the process this year. The COVID-19 pandemic forced a dramatic acceleration of those initiatives, though, as companies shifted overnight to adapt to a new work-from-home business model. In the blink of an eye, cloud transformation went from a strategic initiative to a business imperative.
The impact on IT and security teams has been significant, and it has also created new and unique opportunities for attackers. As businesses and employees come to grips with the reality that this is more of a long term shift in how business will be done rather than a temporary crisis response, cybersecurity is getting more attention and organizations are looking for solutions to help secure and protect their applications and data. Working with trusted partners who have expertise in managed detection, response, and around-the-clock monitoring provides companies with peace of mind while freeing them to focus on their core business and their own customers.
The Impact of COVID-19
There are essentially two major factors companies have to address when it comes to managing business through the pandemic—maintaining, and building revenue, and protecting a dramatically expanded attack surface.
Businesses must pivot to find ways to keep employees safe and healthy, while also maintaining performance and productivity, while the cost of doing business is under a microscope. A longer-term perspective on the current crisis requires cost savings. Cloud or digital transformation—SaaS (software-as-a-service) applications, digital consumption of services, online communication and collaboration—enables organizations to sustain productivity with a completely remote, work-from-home workforce, while also cutting operational costs.
Organizations need to take advantage of the cost and productivity benefits of cloud transformation. Many companies had already started their cloud transformation journey, and most others at least had plans in place to get started. The COVID-19 pandemic provided the incentive to accelerate those efforts. It is essential that organizations not lose sight of security and compliance as they race to embrace cloud transformation.
The Value of MDR (Managed Detection and Response)
The economy is struggling as a result of the COVID-19 pandemic and businesses are facing an uncertain world. Budgets and expenses must be scrutinized. Unfortunately, security is often one of the first things to be sacrificed in the name of cost cutting and productivity.
Cutting back on cybersecurity has consequences. It exposes you to unnecessary risk and increases the potential for a successful cyber attack. It also makes the business less attractive to investors. In an uncertain economic environment, being able to demonstrate solid security to the market and investors is crucial.
Now is not the time to improve your security posture. The overnight shift to a work-from-home model with employees connecting to sensitive applications and data from their home networks and personal computers has expanded the attack surface, and attackers have ramped up efforts with increased phishing and ransomware attacks to exploit the chaos.
Very few organizations have the security resources necessary to adapt to the new environment and adequately protect against cyber attacks. In fact, a recent study from Security Magazine indicated that over 90% of IT professionals do not trust that their organization is well prepared to secure public cloud services, indicating that security complexity is rapidly outpacing organizational knowledge. This is where Mission MDR can bridge the gap.
Comprised of Mission’s 24x7 CloudOps staff and Alert Logic’s security analytics platform and security experts, Mission MDR is a security solution for AWS that delivers peace of mind from threats by combining 24/7 SaaS security with visibility and detection coverage wherever your systems reside. An MDR provider can reduce the likelihood and impact of successful attacks by providing visibility into risks and threats by monitoring your network, applications, and data 24/7 so you can focus on growing your business.
Register for our webinar on November 5 to learn more about how Mission MDR can meet your organization’s security needs.
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