Security News > 2020 > June > Increasing awareness of cyber risks among SMBs to boost MDR revenues

Increasing awareness of cyber risks among SMBs to boost MDR revenues
2020-06-11 03:30

The increasing number of sophisticated cyber threats will lead to a rise in demand for Managed Detection and Response solutions from small and medium businesses.

"MDR providers offer organizations the technology, process, and people to enable the proactive monitoring of their customer security environment and 24/7 threat detection to help mitigate security breaches, even more so during COVID-19.".

Chede added: "MDR providers must demonstrate trustworthiness in remediation without interrupting a customer's business operations. They must adapt themselves to the customer's needs and budget, understanding the vertical they are in and providing detection and response solutions in the shortest period of time, along with custom reports. Personal interaction through email or telephone with an assigned analyst is also a differentiating factor."

Improve the quality of their solutions and offer new services to compete with new market participants and increase revenues.

Develop customizable MDR solutions at affordable prices to attract small and midsized businesses.


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