Cybercrime is on the rise in a big way, costing the world’s businesses $6 trillion USD last year, with that number expected to rise to $10.6 trillion in 2025. Microsoft has been trying to do its part, blocking over 9.6 billion malware threats and 35.7 billion malicious emails last year, but it’s still not enough, and at a Security Summit this week, the company will unveil a new set of managed security services, to be known as Microsoft Security Experts.
According to Microsoft, most human-operated ransomware attacks share some common traits, as attackers take advantage of an organization’s reliance on legacy software configurations or poor “credential hygiene” to gain entry into systems, and once in to find privilege escalation points to move through systems and carry out attacks.
Guarding single points of entry is not enough anymore, and a system or systems of managed extended detection and response (MXDR) is helping to help companies take a step back and look to guarding overall systems rather than focusing on locking down domains etc.
With Microsoft Security Experts, a set of services combining technology and human led services to offer companies managed security services without them needing to build everything in house. To start, there are three new managed services launching with Microsoft Security Experts: Microsoft Defender Experts for Hunting, Microsoft Defender Experts for XDR, and Microsoft Security Services for Enterprise.
These new services could help companies detect threats but also secure their systems so that ransomware operators can’t find the easy entry points they’ve been preying on.
