Cyberthreats are becoming more sophisticated, and no business is immune. Traditional tools such as firewalls and antivirus software are still essential, but they’re no longer sufficient to defend against modern cyber risks.
Nowadays, early threat detection and response (EDR) has become a crucial cornerstone of data protection. Through early identification of potential threats, you can stop attacks in their tracks and prevent them from growing into bigger problems.
The benefits of implementing an effective EDR strategy
Cybercriminals are always devising new ways to breach business security. EDR helps you stay steps ahead of them, allowing you to spot unusual behavior and weaknesses in your system long before they can be exploited. It also enables you to:
Reduce dwell time and stop attacks sooner
One of the biggest challenges in cybersecurity is dwell time, or the amount of time an attacker can remain undetected in your system. The longer a breach stays hidden, the more damage it can cause. Dwell time can last weeks or even months, giving cybercriminals a chance to compromise critical systems, steal data, or escalate their attack.
The faster you detect a threat, the fewer chances an attacker has to inflict harm. Rapid detection also means your security team has more time to respond effectively, preventing full-blown breaches from happening.
Save money and minimize damage
Per a recent IBM report, the average cost of a breach in 2024 is $4.88 million. That’s a lot to absorb for any business, big or small. Fortunately, a reliable EDR can significantly cut these expenses down. The sooner a threat is identified, the quicker your team can act to stop it, limiting the damage and the costs associated with the breach. Identifying a threat early can also prevent larger issues and more expensive fixes later on.
Protect your reputation
The financial consequences of a cyberattack can be devastating, but the harm to your company’s reputation can be equally enduring and impactful. Clients want to be reassured that their information is protected and that your organization places a strong emphasis on security. Therefore, a long-undetected data breach can erode their trust.
By contrast, catching threats early helps you maintain your customers’ faith in your organization. A fast, decisive response also shows that your business can handle pressing tech challenges, keeping your systems operational even during a cyberattack.
Maintain compliance and avoid fines
Strict data protection regulations require businesses to protect sensitive information and notify customers quickly in the event of a data breach. Noncompliance can result in hefty fines and severe legal consequences.
A dependable EDR strategy gives your business a better chance of meeting compliance standards and mitigating risks. It can also make it easier for you to meet reporting deadlines, maintain a good standing with regulators, and avoid costly penalties.
Build your proactive defense today with Digicom Technology Solutions
Waiting for problems to emerge before acting is a risk no business can afford. Organizations must adopt a defense-in-depth EDR approach, which includes three key pillars:
- Constant monitoring: Overseeing systems 24/7, ensuring every suspicious activity is identified and addressed in real time
- Active threat hunting: Diligently identifying hidden or emerging threats that may evade automated systems
- Readily available expert responders: Immediately accessing professionals who can quickly analyze and respond to threats, thus minimizing damage and downtime
However, for many companies, developing and managing in-house EDR capabilities can be a daunting task. This is where the support of a dedicated partner becomes invaluable. At Digicom Technology Solutions, we offer the tools and expertise necessary to detect threats early and neutralize them swiftly. Get in touch with our team today for a free consultation and find out how we can protect your business against today’s cyberthreats.