Cybersecurity Risk Awareness

Cyberattacks can happen to anyone, regardless of company size or industry. This is especially true today, with more remote workers, cloud services and mobile devices than ever before.

That’s why small and midsize businesses (SMBs) are turning their attention to cybersecurity. ConnectWise’s 2020 State of SMB Cybersecurity report found that 77% of SMBs are concerned about cyberattacks within the next six months, and 73% plan to increase their cybersecurity within the next 12 months.

Yet, that same report found that only 57% of SMBs have in-house cybersecurity experts, and only 43% outsource their cybersecurity. That leaves a lot of SMBs with weaknesses to attack.

As we head toward a new year, MSPs may find themselves in conversations with existing customers who are grappling with remote work and are making cybersecurity a top priority for 2021. There’s significant opportunity for MSPs to offer “MSP plus” service, helping their clients to embrace better security practices. In fact, our 2020 State of SMB Cybersecurity report found that 91% of SMBs would switch MSPs for the right cybersecurity support.

 SMB Cybersecurity: Why Many Don’t Think They’re a Target

Everyone expects hackers to target big, lucrative targets. Over the years, we’ve seen massive breaches in the headlines, like the Equifax breach in 2017, which compromised sensitive information for tens of millions of people internationally.

In the face of these headlines, SMBs may assume they’re not a target—but that couldn’t be further from the truth. They may be less likely to make the news, but SMBs are a very popular target for attacks.

What would you do if a hacker installed ransomware on your computers, shutting you out until you paid a ransom? Or what if an employee clicked on a phishing email and spread malware through the business?

According to our 2020 SMB cybersecurity report, 55% of SMBs have experienced a cyberattack. Many small to midsize companies hold valuable information that can be exploited, such as customer addresses, payment information and more. And when it comes to ransomware, SMBs may feel forced into a “do or die” situation, paying a handsome ransom to regain access to computers and business-critical information.

Here’s a closer look at what makes SMBs a tempting target and how MSPs can help them better protect their assets.

As mentioned, SMBs often have access to valuable information, which can be lucrative for hackers. The 2020 Verizon Data Breach Investigations Report stated that financial motives were behind 83% of attacks on SMBs of under 1,000 employees.

In October 2020, several U.S. federal agencies issued a warning to hospitals and healthcare providers about an increase in ransomware incidents. Beyond this news, SMBs such as dentists’ offices, physicians’ practices and other small healthcare providers are also at risk, as are less obvious businesses, such as regional retail stores, cafes and restaurants, and even government agencies, school districts and nonprofits.

How you can help: RhynoGUARD™ MDR goes beyond traditional MSSP or IR services to provide a continuous end-to-end approach that detects malicious threats earlier, provides comprehensive analysis faster, and delivers actionable guidance for future prevention based on intelligence gained every time.

Turnkey Proactive Security Protection: Cybersecurity Risk Awareness

RhynoGUARD™ MDR is an outcome-focused Managed Detection and Response service that supplies the people, technology, and cyber intelligence required to hunt for threats across your organization and help shut them down before they cause damage and disruption.

Every day, the capabilities of attackers get more sophisticated and the volume of alerts becomes overwhelming and unmanageable. In-house teams might struggle to analyze and log data, which makes it harder than ever to determine if these threats are harmful. RhynoGUARD™ can put a stop to attacks before they even happen. Our technology monitors your systems and detects any unusual behavior, while our expert team responds to the threats detected within your business.

 

Cybersecurity Risk Awareness

RhynoGUARD™ MDR offers real-time threat intelligence and is able to analyze behavior which can be missed by traditional endpoint security technology. It also provides rapid identification of known threats, which in turn minimizes overall attacks.

Cybersecurity Risk Awareness Features

RhynoGUARD™ MDR can help your organization detect and respond to the cyber threats that target infrastructure, end-points, network, services and applications.

Extensive threat visibility

Without awareness of activity inside your organization’s network, it can be impossible to know if systems and data are in danger of being compromised. RhynoGUARD™ MDR provides extensive threat visibility across on-premises, cloud and hybrid environments, 24/7.

 

Continual detection of attacks

With the threat landscape constantly evolving, it’s important to ensure that detection capabilities keep pace. RhynoGUARD™ MDR leverages the latest security tools and threat intelligence to ensure your organization is prepared to respond to current and emerging cyber threats.

 

Supports in-house teams

Rhyno’s Security Operations Center experts manage and monitor all the security technologies included as part of RhynoGUARD™ MDR. By investigating and triaging all the alerts they generate, our analysts ensure that your in-house team is not burdened with the responsibility of around-the-clock threat detection.

 

Accelerates incident response

A swift response to cyber incidents demands a high level of situational awareness. RhynoGUARD™ MDR ensures that members of your security team are not weighed down by irrelevant alerts and that when genuine incidents occur, they receive the actionable mitigation guidance and automated response actions needed to respond effectively.

 

Reduces time to maturity

By operating as an extension of your organization, RhynoGUARD™ MDR enables you to quickly elevate security capabilities to enterprise level. The service helps to make processes more efficient, ensuring that important security events don’t get missed, and your team is free to focus on other priorities.

 

Facilitates compliance

A proactive approach to threat detection is now required to achieve compliance with the latest regulations and standards. With RhynoGUARD™ MDR, you can quickly elevate your organization’s cyber security capabilities to a level needed to help meet the requirements of the GDPR, NIS Directive, PCI DSS, ISO 27001, and more.

 

RhynoGUARD MDR – Complete Peace of Mind

RhynoGUARD™ MDR goes beyond traditional MSSP or IR services to provide a continuous end-to-end approach that detects malicious threats earlier, provides comprehensive analysis faster, and delivers actionable guidance for future prevention based on intelligence gained every time.

But, What it is MDR?