Organisations in EMEA take proactive security stance
These threats take the form of cyber-attacks that lie dormant inside the network for months and even years, exfiltrating valuable company data for illicit financial gain. The severe repercussions have prompted managed security service providers (MSSPs) to expand their offerings to protect organisations against advanced persistent threats (APTs).
New analysis from Frost & Sullivan, A Service-centric Approach to APTs, concludes that a greater portion of market participants' revenues will be devoted to threat intelligence research, detection and remediation to enable organisations to counteract the negative effects of APTs.
Intelligence and forensics will become the most important differentiator for companies selling APT solutions and services as understanding how threat actors work is vital to identify indicators of compromise during the early stages of an attack.
Companies are thus deploying technologies such as advanced data analytics and event correlation alongside sandboxing to help organisations detect and remediate attacks once they are inside the corporate network.
In the U.S., the possibility of a class action lawsuit resulting in large aggregate losses and the strength of the legal professional services sector have had a positive impact on the security posture adopted by organisations. This environment will soon reach Western Europe and the consequences are likely to be encouraging for MSSPs.
MSSPs should nevertheless create customer awareness of the damage a threat actor can cause in a short time to quickly expand their market in EMEA. ■