The Benefits of a Managed Threat Hunting Service

56% of organisations admit that it is highly unlikely they would be able to detect a sophisticated cyber attack. In the past year, 78% of organisations were victims of cyber-attacks which were able to access crucial data and put the companies and their customers at risk. 

This is why Telesoft has developed the Threat Hunting Service, to ensure any security incidents are minimised and identify suspicious activity as it attempts to evade detection from automated security systems.

What is a managed threat hunting service? 

A managed threat hunting service defends your organisation against potential cyber-attacks by proactively responding to security threats. 

Threats can bypass the perimeter, but we should also focus on sophisticated evasion techniques to prevent detection. This requires trained security analysts to hunt for threats to support the existing defences, creating ‘defence in depth’ or an enhanced security posture.

How does a managed threat hunting service work? 

A managed threat hunting service consists of qualified and highly trained security analysts who enhance the security posture while the enterprise can continue with business as usual. The analysts use advanced intelligence platforms to monitor every aspect of the company’s infrastructure. The enterprises are provided with actionable intelligence – the analysts will ensure every threat is validated before reaching out to the business about the severity of the impact.

Security analysts also conduct weekly and monthly reports to keep the company updated on various security issues and set up an action plan in motion to minimise the risks. The team works 24/7 and proactively responds to all incidents to make sure the company isn’t overloaded with security alerts. 

What is the average cost to set up a 24/7 security team? 

According to the 2021 Hiscox Cyber Readiness Report, the average UK business devoted 21% of its overall IT budget to cyber security, showing a 63% jump from the budgets allocated in 2020. 

Companies often set up an in-house cyber security team – the average UK salary of a Security Operations Center (SOC) analyst is £49,955 per year. Depending on the size of the company and the severity of the attacks, a business may need to hire multiple SOC analysts who are a part of a large security operations team. If an enterprise wishes to set up a 24/7 security team, they would need to hire at least six SOC analysts. 

The Infosecurity Magazine reported that C-level security executives receive 10,000 cyber threat alerts each month. There are 52,000 false-positive threats reported each year. It takes a SOC analyst 10 minutes to assess a single threat, which means they require 866 hours, or around 5 working months to assess all false-positive threats received. 

Based on this data, a company could spend £400,000 or more on hiring their SOC analyst team. 

The benefits of a managed threat hunting service

By using an outsourced managed threat hunting service, companies can reduce hiring costs while improving the quality of monitoring and overall security control. Companies can install 24/7 cloud-managed security without having to maintain their own security operations centre and spend money on hiring and training. Instead, an already-experienced security analyst takes care of your organisation’s cybersecurity needs. 

A strong monitoring and threat hunting platform will be able to help protect your business from data breaches, DNS hijacking, crypto-jacking, ransomware, and many more cybersecurity threats. 

A managed threat detection service also ensures clear communication and provides a steady stream of information to make sure no threat remains undetected. 

By using a managed threat detection service you can: 

* Improve threat response

* Proactively identify new threats with advanced analytics

* Improve threat intelligence and conduct future insights 

* Receive expert advice and intuitive reports 

* Decrease breach response time

* Improve higher-level investigations

* Improve your brand reputation 

The importance of having virtual & cloud security 

Virtual security solutions such as the Telesoft TDAC Enterprise provide actionable cyber intelligence, network visibility, and digital forensics. They can enhance threat detection, deep investigations, mitigation capabilities, event orchestration, and much more. They also protect global assets through the creation of an intelligence mesh connecting the whole network for full visibility.

By using virtual & cloud security, enterprises benefit from readily deployable and highly scalable software which provides accurate and enriched threat hunting across the entire infrastructure. By connecting the core network to IoT (Internet of Things) devices and the edge, the TDAC Enterprise enables real-time network visibility across the estate, including its physical, virtual, and hybrid networks. 

To see how Telesoft can help protect your company with a managed threat detection service, read more about our Threat Hunting Service and book a demo with our team today.