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As the world has adopts work from home initiatives, we’ve seen many organizations accelerate their plans to move from on-premises endpoint security and Detection and Response (EDR/XDR) solutions to Software as a Service versions. And several customers who switched to the SaaS version last year, recently wrote us to tell how glad to have done so as they transitioned to working remote. Here are 5 reasons to consider moving to a cloud managed solution:
If you haven’t found the time to update your endpoint security software and are one or two versions behind, you are putting your organization at risk of attack. Older versions do not have the same level of protection against ransomware and file-less attacks. Just as the threats are always evolving, the same is true for the technology built to protect against them.
With Apex One as a Service, you always have the latest version. There are no software patches to apply or Apex One servers to manage – we take care of it for you. If you are working remote, this is one less task to worry about and less servers in your environment which might need your attention.
With redundant processes and continuous service monitoring, Apex One as a Services delivers the uptime you need with 99.9% availability. The operations team also proactively monitors for potential issues on your endpoints and with your prior approval, can fix minor issues with an endpoint agent before they need your attention.
By transferring endpoint telemetry to a cloud data lake, detection and response activities like investigations and sweeping can be processed much faster. For example, creating a root cause analysis diagram in cloud takes a fraction of the time since the data is readily available and can be quickly processed with the compute power of the cloud.
The unmatched power of cloud computing also enables analytics across a high volume of events and telemetry to identify a suspicious series of activities. This allows for innovative detection methods but also additional mapping of techniques and tactics to the MITRE framework. Building the equivalent compute power in an on- premises architecture would be cost prohibitive.
According to Verizon, 94% of malware incidents start with email. When an endpoint incident occurs, chances are it came from an email message and you want to know what other users have messages with the same email or email attachment in their inbox? You can ask your email admin to run these searches for you which takes time and coordination. As Forrester recognized in the recently published report: The Forrester Wave Enterprise Detection and Response, Q1 2020:
“Trend Micro delivers XDR functionality that can be impactful today. Phishing may be the single most effective way for an adversary to deliver targeted payloads deep into an infrastructure. Trend Micro recognized this and made its first entrance into XDR by integrating Microsoft office 365 and Google G suite management capabilities into its EDR workflows.”
This XDR capability is available today by combining alerts, logs and activity data of Apex One as a Service and Trend Micro Cloud App Security. Endpoint data is linked with Office 365 or G Suite email information from Cloud App Security to quickly assess the email impact without having to use another tool or coordinate with other groups.
Moving endpoint protection and detection and response to the cloud, has enormous savings in customer time while increasing their protection and capabilities. If you are licensed with our Smart Protection Suites, you already have access to Apex One as a Service and our support team is ready to help you with your migration. If you are an older suite, talk to your Trend Micro sales rep about moving to a license which includes SaaS.
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On March 3, 2020, the cyber division of Federal Bureau of Investigation (FBI) issued a private industry notification calling out Business Email Compromise (BEC) scams through exploitation of cloud-based email services. Microsoft Office 365 and Google G Suite, the two largest cloud-based email services, are targeted by cyber criminals based on FBI complaint information since 2014. The scams are initiated through credential phishing attacks in order to compromise business email accounts and request or misdirect transfers of funds. Between January 2014 and October 2019, the Internet Crime Complaint Center (IC3) received complaints totaling over $2.1 billion in actual losses from BEC scams targeting the two cloud services. The popularity of Office 365 and G Suite has positioned themselves as attractive targets for cybercriminals.
Trend Micro Cloud App Security is an API-based service protecting Microsoft® Office 365, Google G Suite, Box, and Dropbox. Using multiple advanced threat protection techniques, it acts as a second layer of protection after emails and files have passed through Office 365 and G Suite’s built-in security.
In 2019, Trend Micro Cloud App Security caught 12.7 million high-risk email threats in addition to what Office 365 and Gmail security have blocked. Those threats include close to one million malware, 11.3 million phishing attempts, and 386,000 BEC attempts. The blocked threats include 4.8 million of credential phishing and 225,000 of ransomware. These are potential attacks that could result in an organization’s monetary, productivity, or even reputation losses.
Trend Micro started publishing its Cloud App Security threat report since 2018. For third year in a row, Trend Micro Cloud App Security is proven to provide effective protection for cloud email services. The following customer examples for different scenarios further show how Cloud App Security is protecting different organizations.
Customer examples: Additional detections after Office 365 built-in security (2019 data)
These five customers, ranging from 550 seats to 80K seats, are across different industries. All of them use E3, which includes basic security (Exchange Online Protection). This data shows the value of adding CAS to enhance Office 365 native security. For example, a transportation company with 80,000 Office 365 E3 users found an additional 16,000 malware, 510,000 malicious & phishing URLs and 27,000 BEC, all in 2019. With the average cost of a BEC attack at $75,000 each and the potential losses and costs to recover from credential phishing and ransomware attacks, Trend Micro Cloud App Security pays for itself very quickly.
Customer examples: Additional Detections after Office 365 Advanced Threat Protection (2019 data)
Customers using Office 365 Advanced Threat Protection (ATP) also need an additional layer of filtering as well. For example, an IT Services company with 10,000 users of E3 and ATP detected an additional 14,000 malware, 713,000 malicious and phishing URLs, and 6,000 BEC in 2019 with Trend Micro Cloud App Security.
Customer examples: Additional Detections after third-party email gateway (2019 data)
Many customers use a third-party email gateway to scan emails before they are delivered to their Office 365 environment. Despite these gateway deployments, many of the sneakiest and hardest to detect threats still slipped though. Plus, a gateway solution can’t detect internal email threats, which can originate from compromised devices or accounts within Office 365.
For example, a business with 120,000 Office 365 users with a third-party email gateway stopped an additional 27,000 malware, 195,000 malicious and phishing emails, and almost 6,000 BEC in 2019 with Trend Micro Cloud App Security.
Customer examples: Additional Detections after Gmail built-in security (2019 data)
*Trend Micro Cloud App Security supports Gmail starting April 2019.
For customer choosing G suite, Trend Micro Cloud App Security can provide additional protection as well. For example, a telecommunication company with 12,500 users blocked almost 8,000 high risk threats with Cloud App Security in just five months.
Email gateway or built-in security for cloud email services is no longer enough to protect organizations from email-based threats. Businesses, no matter the size, are at risk from a plethora of dangers that these kinds of threats pose. Organizations should consider a comprehensive multilayered security solution such as Trend Micro Cloud App Security. It supplements the included security features in email and collaboration platforms like Office 365 and G Suite.
Check out the Trend Micro Cloud App Security Report 2019 to get more details on the type of threats blocked by this product and common email attacks analyzed by Trend Micro Research in 2019.
The post Trend Micro Cloud App Security Blocked 12.7 Million High-Risk Email Threats in 2019 – in addition to those detected by cloud email services’ built-in security appeared first on .
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