How to Select the Best Endpoint Security for your Business
We have all heard that a chain is only as strong as its weakest link. The combination of the sophisticated threat landscape and remote working emphasizes how important endpoint security is for your organization. Endpoints can be any point of entry on your corporate network. These points of entry include end-users’ devices such as laptops, servers, routers as well as IoT devices.
Why your Organization needs Endpoint Security
Cybercriminals have been targeting the vulnerability of network endpoints which highlights the need for unconventional endpoint security solutions. Ransomware, malware, and other cyberthreats continue to challenge organizations that are not protected by endpoint security. Endpoint detection and response (EDR) solutions are designed to detect, analyze and block cyberattacks in progress in addition to identify, contain, and remediate breaches when they occur.
According to a 2020 study by the Ponemon Institute, 68% of organizations experienced one or more endpoint attacks that compromised their IT infrastructure and/or data in the previous year. The same Ponemon study found that 68% of IT professionals found that the frequency of endpoint attacks increased since the year before. Additional research from Ponemon reported that 81% of businesses experienced an attack involving malware and 28% experienced cyberattacks that involved compromised or stolen devices.
According to a report by IBM and the Ponemon Institute, the average cost of a data breach in 2020 increased by 6.4% from the previous year to $3.86 million. Data breaches and security incidents are becoming increasing costly and more frequent.
5 Cyber Threats that Evade Traditional Anti-Virus
- Polymorphic malware
Malware constantly changes its identifiable features in order to avoid detection. Bots, trojans, and viruses can be polymorphic.
- Fileless attacks
Fileless attacks occur without installing a payload on a network which makes them difficult for anti-virus programs to detect them. Most anti-virus programs rely on inspecting a file, but if there isn’t a file to begin with, the anti-virus program can’t detect the malicious document.
- Obfuscated malware
Malware obfuscation is a process that makes binary data difficult to understand. This allows attackers to hide critical words or strings of a program as it reveals behavioural patterns of the malware.
- Weaponized documents
Weaponized documents (PDF’s) can be used by threat actors to steal Windows credentials without any user interaction.
- Browser drive-by downloads
A drive-by download is the download of malware while visiting a website. These legitimate websites have been compromised by cybercriminals.
Key Components of EDR Security
Ransomware, zero-day malware, fileless attacks and phishing scams all present danger to your organization’s network. Lapses in cybersecurity are more likely to occur in the working from home environment, and without proper end-user security awareness training. Our endpoint detection and response (EDR) solution, provides the ultimate security for your business. These include, but are not limited to:
- Monitoring
- Threat Detection
- Threat Response
- Integration with other cybersecurity solutions
Secure all your endpoints with the Zero Trust security strategy. That means verifying all endpoints. With a Zero Trust approached, the same security policies are enforced whether it is a corporate device or personally owned device you bring to work.
Learn more about our EDR Solutions – call us at 416-874-0550.
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