90% of small firms prefer to outsource security mitigation to an MDR service
About 90% of small security teams are outsourcing their security mitigation to a Managed Detection and Response (MDR) service to avoid being at risk from various cyberattacks.
In a survey conducted by cyber-security company Cynet, the majority of small and medium-sized enterprises (SMEs) — with five or fewer security staff members and cybersecurity budgets of $1 million or less — said that they are being overwhelmed by an endless volley of cyberattacks.
About 58% of responding Chief Information Officers (CISO) felt their risk of attack was higher compared to enterprises, despite the fact that enterprises have a larger target on their back.
Meanwhile, 94% say they have barriers in maintaining their security posture due to a lack of skilled security personnel (40%), excessive manual analysis (37%), and the increasingly remote workforce (37%), among other factors.
Moreover, 87% have difficulty in managing and operating their threat protection products due to overlapping capabilities (44%) and difficulty visualizing the full scope of an attack (42%).
Cynet CEO Eyal Gruner said, “CISOs with small security teams struggle to purchase and maintain the comprehensive set of security solutions needed to protect their companies from increasingly sophisticated threats.”
He added that the survey results showed how security experts adapt to the ongoing wave of criminal and state-sponsored cyberattacks across the globe.
