In today’s threat landscape, it is essential for companies to have a good cybersecurity strategy that is supported by cyber liability insurance. The global average cost of a data breach now reaches $4.45 million, according to IBM data. However, a 2022 survey highlights that only 19% of companies state that their insurance covers more than six hundred thousand dollars.

Historically, MSPs have offered a broad portfolio of outsourced IT products and services, but not cybersecurity. Demand for security services from companies of all types and sizes is rising significantly now due to the steady rise in cyberattacks. According to a recent survey, 52% of MSPs state that cybersecurity is the most requested offering by customers. Adding security services to their portfolios gives MSPs the opportunity to reinvent themselves and access a broader customer base.

At WatchGuard, we’re all about security simplified. But living this mission becomes challenging when we’re constantly faced with a barrage of information technology (IT) acronym soup. Whenever I read the latest blog post or I hear the latest cybersecurity news, one of those dreaded acronyms inevitably appears. In IT, the acronyms are prolific.

Security Operations teams are the cornerstone of the fight against last-mile cybercrime in any organization. This is why they need the most advanced technologies possible.But the fight against cybercriminals isn’t simply a question of technology. Having a proactive attitude against possible cyberattacks is also key. This is where we see two essential concepts for all Security Operations teams: IoCs (indicators of compromise) and IoAs (indicators of attack). What is the difference?