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Effective Detection and Response By Connecting People, Process, and Technology

As part of the Cybersecurity Digital Summit for Financial Services 2021, Product Marketing Manager, Louis Evans, and PM Director, Matt Trushinski, talk about the Arctic Wolf cybersecurity journey, and why organizations need to rethink their traditional security practices.

One of Arctic Wolf’s core missions is to end cyber risk. Ideally, cybersecurity should reduce cyber risk, but industry research has shown up to 87% of security leaders believe their organization is falling short in addressing cyber risk.

This lack of confidence in an organization’s cybersecurity platform stems both from the frequency of cyberattacks and the potential impacts from a successful security breach. Research has shown in a typical year, 59% of organizations experience a data breach, while the average cost of a data breach in the US is $8.6 M.

To combat the ever growing threat of a cyberattack, organizations must switch from a traditional tools mindset to an operational mindset. Arctic Wolf’s Security Operations Platform allows organizations to keep their existing tools-based cybersecurity system and gain access to all the benefits of an in-house security operations center.

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