Building a resilient cybersecurity strategy in 2024

Andrius Saveiko, Security Senior Manager, Baltics and Mostyn Thomas, Senior Director of Security, EMEA
Pax8 Crowdstrike Strategy in 2024 Blog

With digital threats becoming increasingly advanced and complex, safeguarding your data and your clients’ businesses has never been more critical. Robust EDR strategies represent one important line of defence, and this blog will help you understand more about the evolution of EDR and recognise its place in maintaining a successful cybersecurity strategy.

The cybersecurity statistics are stark. Over half (53%) of the 5000+ businesses surveyed as part of the Hiscox Cyber Readiness Report in 2023 had experienced at least one cyberattack in the past 12 months. 21% said that a cyberattack would be enough to threaten the viability of their business.

The frequency and sophistication of attacks is increasing, and it can be difficult to navigate the different solutions on offer. Pax8 is here to help demystify the jargon and guide you with local knowledge and expertise tailored to your business.

What is endpoint detection and response (EDR)

Traditional security measures such as firewalls and antivirus software are no longer sufficient in combating advanced cyber threats. EDR solutions go beyond these conventional approaches by providing real-time monitoring, threat detection, and rapid incident response capabilities. An EDR system is rules-based: the EDR initiates a response to contain or remove a threat.

The phrase endpoint detection and response (EDR) came from Gartner analyst Anton Chuvakin about a decade ago. Originally called endpoint threat detection and response (EDTR, which Gartner shortened to EDR in 2015), these tools searched for, detected and stopped malicious, unauthorised or otherwise suspicious activity affecting an organisation’s endpoints: computers, mobile devices, sensors, internet of things (IoT)-connected sensors and more. With EDR solutions, security analysts can configure automated responses based on the specific cybersecurity requirements of a business’s endpoints.

By implementing an EDR system, you gain the ability to detect and respond to potential security incidents promptly, minimising the risk of a breach and most importantly, reducing or eliminating the significant amount of time it takes to contain and remediate an attack. EDR technology stores logs of both normal and abnormal activity, which security teams can later turn into reporting or real-time analytics.

CrowdStrike is one example of a solution that extends security protection beyond endpoints with generative AI-powered security. CrowdStrike is now available on the Pax8 Marketplace, with an offering aimed specifically at small to medium business (SMB) users.

In the context of cybersecurity, you may also be aware of Managed Detection and Response (MDR) and Extended Detection and Response (XDR). MDR and XDR represent the evolution of EDR into a cloud-first world. Vendors providing MDR services offer continuous oversight and advanced threat hunting to overburdened end-user organisations. XDR takes this one step further by adopting a zero-trust approach and one that goes beyond endpoints and into the cloud.

The benefits of using EDR

What is the immediate business value of improving your endpoint protection? You may think your current solution is good enough, but traditional antimalware and antivirus solutions do not always meet the latest compliance and regulatory requirements, such as GDPR and the upcoming NIS2 (EU Network and Security Directive).

EDR solutions help you meet regulatory requirements for cyber protection while also offering increased capabilities for data analysis and reporting after an attack. Some EDR platforms can correlate activities from all protected endpoints, giving you more capacity to stop an incident before it spreads, as well as the data to investigate how it started and what the impact was. Robust EDR solutions therefore keep you ahead of the game in terms of compliance compared to other more traditional antivirus solutions.

Boost your cybersecurity strategy with Pax8

Appetite for the latest security solutions is growing and with high profile cyberattacks in the EMEA region becoming increasingly commonplace it has never been more important to ensure your business is able to face the latest threats head-on. Pax8 offers its partners a wealth of cybersecurity expertise and knowledge, including local cybersecurity masterclasses planned across our EMEA regions throughout 2024. Partners can also access the security resources and training for free, through Pax8 Academy.

With a robust cybersecurity stack, including EDR, email security, network security and mobile security, you can proactively protect against potential breaches and maintain trust with your clients.

There are significant business benefits to developing a robust security strategy:

  • Proactive security strategies save your business time in the long run by identifying and eliminating potential threats before an attack;
  • Build reputation management and trust with your clients – Nothing impacts a company’s reputation like a cyberattack, so showing that you maintain high security standards internally fosters trust within your client base;
  • Reduce risk by ensuring your business is compliant with regional legislation.

The Pax8 Marketplace gives you access to a comprehensive suite of cybersecurity solutions from best-in-class vendors to bolster your security strategy, now including CrowdStrike in addition to SentinelOne, Bitdefender, ConnectSecure, Proofpoint and Acronis.

Explore the Pax8 Marketplace to learn how we empower you to minimise risks and maximise security.

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