Why is MDR now required to keep M365 secure?

Managed Detection and Response (MDR) is now essential for securing Microsoft 365 (M365) tenants and services due to the increasing reliance of businesses on Microsoft email, SharePoint, and other services, making them significant targets for cyberattacks. Compliance and insurance requirements also necessitate robust security measures, as MDR can help meet these demands and potentially lower cyber liability insurance costs.

Business Email Compromise is also very costly.

Cyberattacks, such as Business Email Compromise (BEC), have become more sophisticated and costly, with median stolen amounts rising and significant financial losses reported. Verizon DBIR 2023 reported an increase from $40K to $50K as median amount stolen through BEC. The FCI Internet Crime Report shows 23% of all internet crime loss due to BEC.

Time is of the essence in a breach.

Within minutes of compromise an attacker can gain access to SharePoint, OneDrive, download sensitive files, upload malware or crypto software, setup email rules with scripts and send malicious emails. Most criminals enter as quietly as possible and just watch and learn. This is often more than 1 month, as logs are only kept for 30 days.

Isn't this built into Microsoft 365 SaaS?

There are many great security features available in Microsoft 365 Premium and above, but they don't just magically appear and turn on. You must evaluate them based on your company needs, turn them on and monitor the tenant for updates and new features.

In general, you do not have visibility into your network to know if someone has entered and created a new admin account, or new email forwarding rules to intercept communication with your vendors, clients, bank, etc. And most do not have time to investigate emailed alerts and act immediately to reduce the damage.

The AME Group Responds to Changes in Cyber Threats

The AME Group's MDR service addresses these challenges by providing proactive threat hunting, monitoring for unusual activities, and rapid response to potential breaches. Key security indicators monitored include logins from unusual locations, high file download volumes, and changes to security settings.

The internal security team at AME Group offers quick identification and containment of threats, minimizing damage and ensuring system safety. This service is distinguished by its internal management, avoiding delays from third-party outsourcing, and integrating security monitoring with business goals.

Unlike standard managed IT services, which focus on perimeter security and reactive support, MDR provides both perimeter and internal security monitoring, offering comprehensive protection and rapid incident response to maintain business continuity.

How is our offering different?

Many MSPs are starting to offer this type of service, but they are outsourcing to a third party. They would need to wait for their response and recommendation, which can slow down the process.

Our internal security team is unique. ?While being separate from any managed services team, they work seamlessly together.

We take a holistic approach to the Microsoft 365 Environment, looking at it in the context of your business goals. We monitor, assess and recommend based on your business needs.

SUMMARY

In conclusion, the ever-evolving landscape of cyber threats necessitates a proactive and comprehensive approach to securing your Microsoft 365 environment. Managed Detection and Response (MDR) is not just an added layer of security but a critical component in safeguarding your business against sophisticated attacks like Business Email Compromise. The AME Group’s tailored MDR service offers visibility, rapid response, and expert threat hunting, ensuring that your systems are continuously monitored and protected. By integrating this advanced security solution, you can confidently meet compliance requirements, potentially reduce insurance costs, and, most importantly, secure your valuable data and operations. Trust the AME Group to provide the dedicated and holistic security your business needs to thrive in today’s digital landscape.