More Than One-Third of Companies Employ Managed Security

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
24
More Than One-Third of Companies Employ Managed Security Services to Hunt Cyber Threats

HOUSTON, May 22, 2018 (GLOBE NEWSWIRE) -- Alert Logic,  the leading provider of  Security-as-a-Service  solutions, today announced data from Crowd Research Partners’  2018 Threat Hunting Report  that shows 84 percent of companies agree that threat hunting should be a top security initiative, yet 76 percent believe their Security Operations Centers (SOC’s) spend inadequate time proactively searching for newly emerging and advanced cyber threats. This discrepancy has one-third of companies employing managed security services to hunt cyber threats, according to the survey data. 

The industry report, co-sponsored by Alert Logic and other cybersecurity providers, benchmarks the maturity and evolution of threat hunting initiatives in Security Operations Centers (SOC’s) and identifies impediments to implementing threat hunting capabilities. The report summarizes results of a survey of more than 460 cybersecurity and IT professionals and underscores the need for businesses to pivot from purely reactive security to actively hunting threats and adversaries in order to detect security incidents earlier, respond faster, and stop future exploits.

The report found that lack of budget was the top barrier for organizations who have not yet incorporated threat hunting capabilities into their SOC’s, as reported by 45 percent of the companies, a 10 percent increase over the previous year. Lack of skilled, in-house threat hunting staff and lack of collaboration across departments were two other top cited barriers.

“Threat hunting reduces risk to an organization by reducing exposure to external threats, improving the speed and accuracy of threat response and reducing the overall number of breaches,” said Bob Lyons, CEO, Alert Logic. “Threat hunting requires a sophisticated skill set and it’s often hard to find and retain in-house specialists to fulfill this function, especially when there isn’t always an obvious career path for them within organizations,” said Lyons.

Threat hunting is the process of proactively searching through networks, applications and operating systems to detect and isolate advanced persistent threats that aren’t easily detected by more traditional, reactive security technologies such as firewalls, intrusion detection systems and SIEM’s. 

In general, SOC’s are overwhelmed as a result of new and evolving cyber threats that are increasing in both sophistication and frequency.  According to the report, a majority of organizations employ fewer than five security professionals in their SOC who are dedicated to threat hunting.  Despite this, the report’s data shows that there is strong momentum for threat hunting with more than half of companies planning to build threat hunting programs in the next three years.

Alert Logic conducts threat hunting for its customers, achieving high levels of speed and detection accuracy – even for multi-stage persistent attacks, according to Lyons.  “Our data scientists, threat researchers and SOC analysts compare potential threat scenarios against an immense data set of event telemetry from our more than 4,000 customers. Alert Logic obtains intelligence on attackers’ motives and means while detecting threats, simultaneously training our proprietary machine learning capabilities.”

To download a free copy of Crowd Research Partners’ 2018 Threat Hunting Report, visit  here .  To learn more about Alert Logic’s machine learning capabilities, visit  here .

 Additional Resources Available:

Blog

@alertlogic on Twitter

LinkedIn

 

About Alert Logic

Serving more than 4,000 customers, Alert Logic is the leader in security and compliance solutions that deliver deep security insight and continuous protection at a lower cost than traditional security solutions. Alert Logic, founded in 2002, is headquartered in Houston, Texas, with offices in Austin, Seattle, Dallas, Cardiff, Belfast and London. For more information, please visit  www.alertlogic.com .

Dex Polizzi W2 Communications 703-877-8106 dex@w2comm.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Investors Urged to Act as Lawsuit Against Everus Builds

Updated Category News Views 97

Investigation of Claims Against Everus Construction Group Faruqi & Faruqi, LLP, a well-respected national securities law firm, has initiated an investigation into potential claims associated with Everus Construction Group, Inc. (NYSE: ECG). The firm specializes in shareholder rights and is aiming to provide support to affected investors after concerning revelations about...

Continue Reading
Heilongjiang Forum 2025: Elevating Macao's Global Tourism Standing

Updated Category News Views 107

Global Tourism Economy Forum 2025: A Landmark Event The Global Tourism Economy Forum (GTEF) made its notable debut outside of Macao by hosting the 2025 edition in Heilongjiang province, China. This forum gathered influential figures from the tourism sector and various related industries, fostering discussions aimed at exploring new avenues for cooperation and growth....

Continue Reading
Nextracker and T1 Energy Collaboration Drives Solar Growth

Updated Category News Views 198

Nextracker and T1 Energy Join Forces to Strengthen Solar Production Nextracker Inc. (NASDAQ: NXT) has recently established a partnership with T1 Energy Inc. (NYSE: TE) aimed at revolutionizing solar manufacturing. This collaboration will see the integration of Nextracker's cutting-edge steel module frame technology into T1 Energy's upcoming solar manufacturing plant,...

Continue Reading
Nathan Ballentine Steps In as Regional VP at New American Funding

Updated Category News Views 175

New Leadership at New American Funding New American Funding (NAF), a prominent independent mortgage lender, has announced a significant appointment. Nathan Ballentine is joining the team as the Regional Vice President, where he will play a pivotal role in propelling growth and development within the state. His expertise will be crucial as the company seeks to deepen its...

Continue Reading
CSL Behring Secures Approval for ANDEMBRY® in Japan

Updated Category News Views 341

CSL Behring's Recent Approval for ANDEMBRY® CSL Behring has announced a significant medical milestone with the approval of ANDEMBRY® (garadacimab) subcutaneous (S.C.) injection 200mg pens in Japan. This groundbreaking therapy is a first-in-class monoclonal antibody specifically designed to inhibit activated Factor XII (FXIIa), a crucial initiator in the hereditary...

Continue Reading