Why Mid-Market Organizations Are Prioritizing Incident Readiness and Response in the Face of Regulatory Scrutiny

The importance of cybersecurity has been amplified due to regulatory changes by the SEC in 2023, which require organizations to disclose their cybersecurity risk management strategy and governance, as well as the material impact of cybersecurity incidents. This has led many to prioritize cybersecurity Incident Readiness and Response Services.

This whitepaper is based on a survey conducted by the Richmond Advisory Group, highlighting the motivations, goals, and purchasing preferences of 500 security leaders for incident readiness and response services. It provides an insightful look into the growing importance of proactive cybersecurity and incident readiness by:

• Discovering what organizations are prioritizing for IRR, including risk assessments, vulnerability management, and training and awareness.
• Addressing the unique challenges faced by organizations in incident preparedness and suggesting solutions to overcome these challenges.
• Highlighting how threat intelligence integration, Endpoint Detection and Response (EDR) or Managed Detection and Response (MDR) services can enhance an organization's incident readiness.
• Recommendations on how organizations can improve their incident readiness plans and collaborate with managed service providers (MSPs).

Download now to gain an understanding of the importance of proactive incident readiness, the steps to achieve it, and how to overcome common challenges in incident response planning.