Securing your firm's network is no longer a question of anti-virus software alone. Firms are now recommending a full-service approach.
Overview:
The general outlook in 2022 from member firms is that the traditional anti-virus software are no longer effective in preventing threats. Member firms are veering towards using full-service offerings instead for monitoring, detection, and remediation.
"EDR (Endpoint Detection and Response) allows the organization to monitor real-time security breaches, which coupled with a SEIM (Security Event and Event Management) adds dashboard monitoring and alerts. You can take it a step further with 24/7 SOC ( Security Operation Center which can be outsourced) to create a sound perimeter against zero-day exploits and attacks." - Lex Mundi Member.
Software Recommendations:
- CrowdStrike:(https://go.crowdstrike.com)
"CrowdStrike’s 24x7x365 Falcon complete service which is a managed monitoring, detection and remediation service. Their sensors check for malicious behavior/activity such as lateral movement and elevation of privileges and their security teams are immediately alerted and stop it. This also includes other features such a vulnerability monitoring and threat hunting. So a much more holistic offering than we previously had. Check them out if you are considering changing – we have found them excellent." - Member
Firms may choose to pair CrowdStrike with additional coverage of network and Microsoft365:
- Huntress (https://www.huntress.io/)
- SecureWorks TaegisXDR (https://www.secureworks.com/products/taegis/managedxdr)
Please Note:
There may be concerns over PowerShell & URL Scripting that CrowdStrike and Taegis may not catch.
There may be additional work to parse through data generated from these software to assess actual data compromises.
- Deep Instinct (https://www.deepinstinct.com/)
- Avast (https://www.avast.com/)
- Restoro (http://www.restoro.com/
- Another firm uses: AI-powered monitoring and training system to combat phishing (Knowbe4) and Solarwinds which provides a sort of virtual Securities Operation Centre to provide real-time monitoring, detection and alerts at serve/firewall/router level of the network.
Tip: When selecting new software, complete your due diligence and be weary of the latest recommendations. For example: Germany issues hacking warning for users of Russian anti-virus software Kaspersky. Read more here.
Ignoring recommendations such as above may cause claims for negligence or liability to your firm in the event of a cyber breach.