How MDR Utilizes Advanced Security Tools to Extend Defenses Against Threats and Risks

Making the right choice on how best to detect, respond to and manage security threats is more important—and more complicated—than ever. To meet the demands of digital transformation and remote work, which have expanded the attack surface available to threat actors, organizations are scouring the market for new solutions that go beyond basic managed detection and response (MDR). They require a more versatile and flexible service that incorporates leading-edge tools such as XDR, MXDR, SIEM and SOAR.

Organizations of all sizes, geographies and industries are making cybersecurity investments an increasingly larger part of their overall technology budget. According to TechTarget’s Enterprise Strategy Group (ESG), 65% of organizations intend to increase their spending on cybersecurity in 2023 compared with the previous year, making it the technology segment with the largest year-to-year spending increase.

There’s a simple and powerful reason why this is happening: Cybersecurity threats continue to rise dramatically and relentlessly. Even as organizations expand their budgets on cybersecurity tools, services and staffing, new threats continue to emerge at a breakneck pace.

As important as MDR has become as a first line of cybersecurity defense, it has also become evident that new solutions, offering even higher levels of risk management, are necessary.