Critical Start, a prominent Managed Detection and Response (MDR) cybersecurity solutions provider, has unveiled a groundbreaking initiative named Managed Cyber Risk Reduction (MCRR). This transformative approach aims to reshape the way businesses confront cyber risks by offering a comprehensive managed solution to address risks, vulnerabilities, and threats. MCRR builds upon the foundations of MDR and extends its scope to support organizational security programs across all five functions of the National Institute of Standards and Technology Cybersecurity Framework (NIST CSF): Identify, Protect, Detect, Respond, and Recover.
The traditional cybersecurity approaches have often fallen short in providing orchestrated, well-informed, and cost-effective risk-adjusted protection across the diverse security realms required for robust organizational defense. This is highlighted by the unsettling fact that despite implementing traditional threat-based detect and respond security measures, nearly two-thirds (67%) of U.S.-based cybersecurity leaders have faced cyber breaches requiring attention in the past two years. Moreover, 66% express low confidence in the effectiveness of their current strategies for evaluating and mitigating major cyber risks.
MCRR addresses these challenges head-on. The Critical Start Cyber Operations Risk & Responseâ„¢ platform delivers holistic cyber risk monitoring, maturity assessments, posture analytics, and comprehensive response capabilities. This platform is reinforced by a human-led risk and security operations team that evaluates and takes action against threats, risks, and vulnerabilities. It combines more than 12 years of award-winning MDR services, empowering organizations to confidently navigate their desired levels of risk tolerance.
Rob Davis, CEO and Founder of Critical Start, emphasizes the urgency of embracing new paradigms, stating, "At a time when cyber-attacks are proliferating with increased speed and sophistication, and security teams are heavily under-resourced, businesses can no longer afford to keep with the status quo to effectively manage cyber risk and build risk resilience."
Craig Robinson, Research Vice President at IDC, underscores the need for a proactive and comprehensive approach to risk reduction, applauding Critical Start's Managed Cyber Risk Reduction as a step in the right direction.
MCRR equips customers with a strategic risk-based approach that evolves their security program over time, mitigating risks in the most cost-effective manner. It enables the identification of protected assets, the effectiveness of key security controls, and the evaluation of alerts for potential incidents. It also ensures business continuity through recovery preparedness. MCRR expedites risk identification and ties risk analysis to actions that demonstrate measurable improvements, presenting a cost-effective, guided, and measurable approach.
MCRR incorporates key features and services, including the Cyber Operations Risk & Response platform, MDR with a 60-minute median time to resolution (MTTR) service level agreement, control and signals coverage gaps identification, MITRE-ATT&CK® Mitigations, peer-benchmarked risk assessments, asset visibility, vulnerability prioritization, and incident response services. With MCRR, Critical Start endeavors to pioneer a comprehensive, holistic, and forward-thinking strategy to tackle the evolving cyber threat landscape. ###