The Changing Cybersecurity Landscape: Why Traditional Solutions are No Longer Enough
The cybersecurity landscape has undergone significant changes over the past few years, leaving many companies ill-equipped to tackle today’s threats. Traditional security solutions like firewalls, IDS/IPS, and anti-virus software are no longer enough to prevent attacks, and most organizations have not updated their cybersecurity technology to stop these threats. This is akin to monitoring only the front door while a burglar breaks in through the back window.
The Cost of Comprehensive Monitoring: How Legacy MSSPs are Pricing Companies Out
Even companies that take cybersecurity seriously may not have been led in the right direction by cybersecurity companies. In the past, organizations were advised to invest in 24x7x365 monitoring, paying for cybersecurity professionals to watch alerts and events in real-time so they could respond quickly to malicious events. However, legacy technologies relied mostly on human review, making it expensive to monitor every device. Traditional MSSPs charge between $500 and $1500 per device per month, forcing companies to only monitor a few devices, such as the firewall and IDS/IPS.
The Evolution of Cybersecurity Monitoring: From Choke Points to Comprehensive Coverage
While choke points were sufficient 5+ years ago, they are no longer adequate. The evolution of cybersecurity technology has made it possible to monitor multiple sensors throughout the network cost-effectively. Automated correlation and analytics from a properly configured Security Information and Event Management (SIEM) technology can increase the ratio of devices per cybersecurity professional. With SIEM technology, it is now possible to monitor routers, servers, and wireless access points for about the same price as monitoring just the firewall and IDS/IPS.
Achieving True Risk Mitigation: The Importance of a Holistic Approach to Cybersecurity Monitoring
Unfortunately, most legacy MSSPs continue to charge high prices without changing their cost models, preventing organizations from achieving true risk mitigation. A holistic approach to monitoring is necessary for effective risk mitigation, including monitoring all possible security events from every possible device. Relying on choke points and limited devices will not protect organizations from today’s threats. It’s time to stop monitoring only the front door and assuming that the business is safe. Every possible entry point should be monitored to prevent attacks.