With the average cost of a data breach reported to be around $3.6 million, cyber attacks can be enormously damaging, making cyber security something that businesses can no longer ignore. The sophistication of hackers and cyber criminals is rising daily. At the same time, the attack surface—the number of possible entry points for criminals to breach organizations—is growing exponentially. Ultimately, there is no silver bullet to prevent attacks; cyber security is an on-going and constantly evolving challenge. Statistics suggest that it takes businesses an average of 131 days to detect a breach—during which cybercriminals can inflict a significant amount of damage. This is why it is essential for businesses to identify and shut down attacks before they cause serious financial and reputational damage. This is known as threat detection and response. Read on for a look at some of the best techniques for more effective detection and response to cyber-attacks.
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