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CYBER RISK

Go Beyond Cyber Risk Management. Build Cyber Resilience.

As the cost of cybercrime increases and cyber threats become more sophisticated than ever, you need a cybersecurity strategy that goes beyond cyber risk management. To stay ahead of modern cyber threats, you need to build a cyber resilient security operation that enables your business to anticipate, withstand, and recover from the most advanced cyberattacks.

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Maturity-based cybersecurity programs are no longer adequate for today’s cyber risks

Develop a cybersecurity strategy that reduces cyber risk and builds resilience with 24/7 threat detection & response

CYBER RISK MANAGEMENT BY THE NUMBERS

57%

of mid-sized businesses don’t have a CISO1

25,080

new vulnerabilities disclosed in 20222

$4.35M

average total cost of a data breach3

45%

of organizations cited challenges with maintaining regulatory compliance with increased remote work4

1 Trends in Midsize Enterprise Security and Risk Management, Gartner 2021
2 2022 Threat Landscape Report,Tenable
3 2022 Cost of a Data Breach Report, IBM
4 State of Remote Work Security, Cybersecurity Insiders 2021

Adopt a Risk-Based Approach to Cybersecurity

As cyber risks grow in number and complexity, business leaders are left wondering just how effective their cybersecurity programs are. When it comes to developing and managing effective cybersecurity operations, the debate within the industry appears to be: should you adopt a maturity-based approach or a risk-based approach

Using a Maturity-Based Approach: This is the traditional approach to cyber risk management, wherein organizations aim to achieve a desired level of maturity by implementing certain capabilities and controls. This allows you to demonstrate the controls and defenses your organization has built based on standard industry frameworks (e.g., NIST or CMMC).

However, the drawback is that this model may require a hefty financial investment if the focus is placed on building a multi-layer of defense against everything.

Using a Risk-Based Approach: This approach allows business leaders to direct investments against the most pressing cyber threats with the goal of effectively reducing cyber risk over time. This is a more cost-effective cyber risk management approach that leads to superior security outcomes when compared to
maturity-based or compliance-based approaches.

So, why adopt a risk-based approach to cybersecurity?

A risk-based approach to your cybersecurity program provides deep visibility into your environment with 24/7 threat detection and response. By leveraging an approach centered on cyber risk management, business leaders have the option to invest heavily in defenses for the vulnerabilities that affect the business’ most critical areas.

How eSentire Helps with Cyber Risk Management

Build Resilience. Prevent Disruption: Gain peace of mind as you build a more resilient security operation that aligns your business objectives with your unique risk exposure.

We continuously move your cybersecurity program ahead, proactively identifying gaps in your cybersecurity posture, and building comprehensive cybersecurity strategies to minimize business risk. We recommend adopting a risk-based approach to cybersecurity that builds resilience and prevents disruption with:

A comprehensive Vulnerability Management program

Identify, and patch, vulnerabilities across on-premises and cloud environments, and get expert advice to keep your business ahead of the threat landscape.

Phishing and Security Awareness Training (PSAT)

Identify key areas of risk and test user resilience to drive behavioral change with your employees.

24/7 Managed Detection and Response (MDR)

Build a more resilient security operation with cutting-edge open XDR technology, multi-signal threat intelligence, and an industry-leading 24/7 team of Elite Threat Hunters to identify, contain, and respond to threats that bypass traditional security controls.

Digital Forensics and Incident Response (DFIR)

Be ready to recover from the most advanced attacks with the world’s fastest threat suppression with a 4-hour SLA.

At eSentire, we work with you to develop a risk-based approach to cybersecurity that aligns your investments to security outcomes that:

Using the MITRE ATT&CK® Framework to Reduce Cyber Risk

We recommend leveraging the MITRE ATT&CK® framework as an operational and tactical roadmap to determine where to apply your security capabilities and build a resilient security operation.

By incorporating the MITRE ATT&CK® framework into your cyber risk management program, you can identify the gaps and vulnerabilities specific to your business, and build the case for making a cybersecurity investment to your executive leaders and the board.

What is the MITRE ATT&CK® Framework?

The ATT&CK framework is a curated knowledge base and model for cyber adversary behavior that reflects the phases of an adversary’s attack lifecycle and the platforms they are known to target. The tactics, techniques, and procedures (TTPs) are derived from real-world observations of cyberattackers.

Threat Intel Report Callout

MITRE ATT&CK® Framework Tool

Try this tool to learn the top tactics and techniques used in cyberattacks that our Elite Threat Hunters and SOC Cyber Analysts have contained and remediated on our customers’ behalf. For each tactic, our threat researchers provide recommendations on how to improve your cybersecurity program and detail how eSentire can help protect your organization.

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Quantifying Organizational Cyber Risk

While it’s not feasible to build business responses for each TTP found in the MITRE ATT&CK® framework, you should familiarize yourself with the most common TTPs and understand the associated cyber risks you’re facing. Based on the severity of the observed technique, your team can identify critical vulnerabilities and build a proactive response to help your business anticipate, withstand, and recover from cyberattacks.

To be successful in using a risk-based approach, here are some questions you can ask yourself:

1

Does my executive team accept that cyber risk is an enterprise risk?

2

What are my business’ “sources of value” and do I understand the specific risks that can impact those sources of value?

3

Do I know the specific TTPs that threat actors can use to target my business?

4

How am I planning to address the vulnerabilities that were discovered?

5

Have I identified all potential vulnerabilities that can impact my organization today?

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Maturity-Based Approach vs. Risk-Based Approach: What’s the Right Answer?

Take Control of Cyber Risk

By utilizing a risk-based cybersecurity approach, instead of a maturity-based approach, your team will be able to maintain deep visibility into your environment for 24/7 threat detection and response. We recommend prioritizing your resources across three key services areas for ideal cyber risk management.

ANTICIPATE

Exposure Management Services

  • Button down initial access vectors
  • Develop robust security strategy, training initiatives, and testing cadence
  • Assessments and testing through Penetration Testing, Vulnerability Scanning, Phishing and Security Awareness Training programs
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WITHSTAND

Managed Detection and Response (MDR)

  • Gain continuous protection with 24/7 threat detection, isolation, disruption, and containment from our SOC Cyber Analysts and Elite Threat Hunters of ransomware attacks
  • Expertise to understand attacker presence, evaluate footholds, and battle persistent access attempts
  • Original threat research, compromise driven content development, and high velocity advisory insights
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RECOVER

Digital Forensics and Incident Response (DFIR)

  • Emergency Incident Response support and Incident Response Retainer SLA with 4-hour threat suppression
  • Digital Forensics investigations and determination of breach extent with results that can bear scrutiny in court of law
  • Guidance through evidence handling, crisis communications, compliance notifications, and more
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Managing Cyber Risk: Moving to a Risk-Based Security Approach

In this episode of Managing Cyber Risk, eSentire’s Tia Hopkins, Chief Cyber Resilience Officer & Field CTO, discusses the difference between cyber risk tolerance and risk appetite, why the risk-based cybersecurity approach is the best choice for your organization, and how you can get started cyber risk reduction strategies.

Security Leaders Count On eSentire for Cyber Risk Management

A logo of eSentire’s customer, M&C Saatchi, placed alongside with a testimonial from the company’s Chief Information Officer, who describes how eSentire stands out from other MDR service providers.
eSentire goes beyond the market’s capability in Managed Detection and Response, providing M&C Saatchi with unmatched speed to resolution of security events, and deep threat hunting expertise."
Neil Waugh
Chief Information Officer | M&C Saatchi
A logo of HKS Architects, who leverage eSentire SOC-as-a-Service and the expertise 24/7 SOC Team to defend against cyber threats.
Every time we call the eSentire SOC, we get a true security analyst on the first touch to walk us through our incidents clearly and efficiently. No other provider delivers such personalized service and expertise. Leveraging the eSentire Atlas platform, in conjunction with access to their sophisticated threat intelligence team, we have been able to cut our incident time to resolution in half."
Michael Smith
Vice President, Director of Information Technology | HKS
Private equity firm quote logo
eSentire’s Managed Vulnerability service is excellent! With eSentire’s guidance, we have been able to leverage the Tenable.io platform and uncover new features. They’ve provided expertise on a monthly basis to fully maximize the platform’s capabilities and help in prioritizing remediation actions to improve our overall security strategy."
Security Analyst
Private Equity Firm
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