{"id":8922,"date":"2023-04-25T13:05:50","date_gmt":"2023-04-25T13:05:50","guid":{"rendered":"https:\/\/www.criticalstart.com\/?post_type=resources&p=8922"},"modified":"2024-01-05T01:43:44","modified_gmt":"2024-01-05T01:43:44","slug":"criticalstart-reveals-top-10-capabilities-to-consider-when-selecting-an-mdr-provider","status":"publish","type":"resources","link":"https:\/\/www.criticalstart.com\/resources\/criticalstart-reveals-top-10-capabilities-to-consider-when-selecting-an-mdr-provider\/","title":{"rendered":"Critical Start Reveals Top 10 Capabilities to Consider When Selecting an MDR Provider"},"content":{"rendered":"\n

Top cybersecurity company unveils MDR capabilities that maximize cyber risk reduction<\/em><\/p>\n\n\n\n

Plano, TX, April 25, 2023<\/strong> \u2013 Critical Start<\/a>, a leading provider of Managed Detection and Response (MDR) cybersecurity solutions, today published an essential guide to help enterprises scale up their cybersecurity program and more effectively reduce their cyber risk. The MDR market is experiencing unprecedented growth and is predicted to reach <\/a>$4.6 billion by 2026<\/a>. In a whitepaper titled, MDR Providers Decoded: A Comprehensive Guide to Evaluating the Top 10 Capabilities your Provider Needs<\/a>, Critical Start offers an in-depth analysis of essential MDR service capabilities to reduce cybersecurity risk, assisting companies in navigating the expanding industry.<\/p>\n\n\n\n

The average cost<\/a> of a data breach was around $9.44 million in 2022, highlighting the potential impact of an ineffective security program. Implementing an MDR service with a security operations center has become the last line of defense against catastrophic breaches and has emerged as the centerpiece of organizations\u2019 overall security strategy. As a result, according to Gartner\u00ae, \u201cit’s estimated by 2025, 60% of organizations<\/a> will be actively using remote threat disruption and containment capabilities delivered directly by MDR providers.\u201d1<\/sup><\/p>\n\n\n\n

In its analysis, Critical Start identified three fundamental security questions that many organizations face, which led to a list of the 10 most critical requirements needed to maximize the value received from MDR vendors:<\/p>\n\n\n\n

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  1. How can I get the most effective detection and response solution per dollar invested to reduce my risk?<\/li>\n\n\n\n
  2. How can I offload my security workloads while maintaining full operational command and visibility?<\/li>\n\n\n\n
  3. How can I view my security maturity and confidently share measurable improvements with stakeholders?<\/li>\n<\/ol>\n\n\n\n

    \u201cSecurity leaders grapple with these fundamental security challenges, which can significantly affect the efficacy of their security programs,\u201d said Randy Watkins, Chief Technology Officer at Critical Start.  \u201cWhile MDR services provide an essential layer of defense, not all services are created equal. That\u2019s why Critical Start has compiled a concise and easy-to-digest analysis to help companies make informed decisions and choose the most effective MDR for their business.\u201d<\/p>\n\n\n\n

    Based on Critical Start\u2019s analysis, some of the key factors for companies to consider when selecting an MDR provider are:<\/p>\n\n\n\n