No sector seems immune to the current relentless spate of cyber attacks, ever more sophisticated, more ominous.
And the fallouts trigger profound legal, regulatory, reputational cost, while also ripping through partners and suppliers. On edge? You’re not alone. Our survey of 3,500 global business leaders uncovered that cyber risk is now their greatest threat. But remember, although cyber risks keep evolving, so do the defenses, and MXDR (Managed Extended Detection and Response) is one of the most adaptive and proactive among them.
So what exactly makes MXDR worth investing in? Here’s what our brokers and clients need to know:
Cybersecurity has long been plagued by blind spots. Unknown assets, outdated permissions, unmonitored endpoints – these are the cracks attackers slip through. Numerous and fragmented cybersecurity tools also add to hidden weaknesses through siloed visibilities that obscure the full threat picture. MXDR closes those cracks. It monitors everything: endpoints, cloud instances, identities, containers, applications. Not just some of the time, all the time. It’s also why Gartner found nearly a third of businesses plan to start using MXDR by 2025 – to unify their security tools and make their whole security ecosystem less complex.
Its impact stretches beyond mere visibility, and into knowing where your risks are before someone else does.
Speed matters. The difference between a minor disruption and a major breach often comes down to minutes.
How so? Well not only does MXDR identify threats, it also combines ‘always-on’ protection with incident response teams to respond to threats instantly. They operate 24 hours a day, 7 days a week, 365 days a year. Cybersecurity firms with deep experience and expertise (like Beazley Security and their inhouse Cyber Services team) have usually handled thousands of incidents for businesses across industries that recognized the value of this type of ‘always-on’ protection. They know what to do when the worst happens – and they do it fast. More here
Some threats don’t trigger alerts. They lurk quietly, waiting. MXDR includes proactive threat hunting – experts who search for sophisticated, long-term attacks that automated systems miss. Statistics from IBM have unearthed that cyber criminals can lurk inside a company’s systems undetected for 240 days on average. That’s over half a year of silent infiltration.
It’s easy to assume your systems are safe. MXDR replaces assumptions.
There’s a moment every business dreads – when the systems go down, threats appear, and the questions start coming faster than answers. In that moment, preparation is the best form of attack. True preparedness with the help of MXDR takes your response plans and reimagines them as pre-emptive defense. Instead of just reacting to threats, it helps organizations stay ahead of them, maintaining visibility, control, and confidence.
Choosing the right solution is critical, and the worst day in your organization’s history is a typical Tuesday morning for Beazley Security’s team… so let them handle it.
A premium credit may be available to US surplus lines Cyber policyholders:
If you’re looking for guidance on selecting the right tool for your clients needs, then that's where Beazley Security come in. Find out more Beazley Security MXDR Factsheet for Brokers
Businesses with robust cyber security strategies and risk management services including MXDR develop stronger cyber resilience, reduce claims severity and are better equipped to manage and respond to cyber threats.
Beazley Security’s MXDR is a managed detection and response service that combines the industry’s leading MXDR platform with decades of practical cyber security experience and specialized tooling to provide powerful threat monitoring and rapid containment. Every MXDR security solution claims to be “different”, but Beazley Security’s MXDR solution truly is. Here’s how: Solutions - Defend - Managed XDR
Disclaimer
Beazley US Cyber (BBR & InfoSec) may now be eligible for a premium credit, subject to credit eligibility rules, when they use Managed eXtended Detection & Response (“MXDR”) services from Beazley Security. MXDR services are not insurance services and are subject to separate terms and conditions. Credits may not be available in all jurisdictions; only available in connection with surplus line policies. Insurance brokers may receive additional compensation from Beazley when clients purchase certain services from Beazley Security. Beazley Security is a wholly owned subsidiary of Beazley plc, providing cyber security services. Beazley Security does not provide insurance products or services, nor does it provide legal services or advice. Customer information may be shared between Beazley Security and Beazley plc and/or its affiliates and subsidiaries; however, such information will not be used to inform the underwriting or claims decisions of any Beazley insurance affiliate, unless the customer agrees to disclose such information for that purpose. Marketing ID No BZ CBR 255