In 2023, Australia witnessed a 23% rise in cybercrime reports, with nearly 94,000 incidents, equating to one report every 6 minutes. The Australian Cyber Security Hotline saw a 32% surge, handling 90 calls daily. Businesses of all sizes are at risk, with small businesses facing an average cybercrime cost of $46,000, medium businesses $97,200, and large businesses $71,600. Email compromise and business email fraud are among the top threats.

For every business, these stats show the need for proactive solutions like Managed Security as a Service (MSaaS) powered by Microsoft and eSentire, offered by Exigo Tech, to tackle these escalating risks effectively.

The Growing Need for Cybersecurity

Cyber threats are no longer a distant concern but a daily reality for businesses of all sizes. Whether it’s a small startup or a large enterprise, no organisation is safe from cyberattacks. According to recent reports, cyberattacks in Australia are increasing, and businesses are becoming more vulnerable due to limited in-house cybersecurity expertise.

For every decision-maker, these increased cyberattacks add a layer of complexity in managing business processes. Ideally, they should focus on their business’s expansion and marketing efforts efficiently without worrying about data breaches or costly ransomware attacks. However, the lack of cybersecurity measures takes away the focus of decision-makers from business expansion. That is the most common problem businesses of all sizes are facing these days.

Our Managed Security as a Service (MSaaS) solution aims to overcome this by providing businesses with round-the-clock protection and real-time responses to cyber threats. This proactive service not only decreases the pressure on internal teams but also provides comprehensive protection tailored to the modern digital landscape.

What is Managed Security as a Service (MSaaS)?

MSaaS is an all-inclusive cybersecurity solution, outsourcing protection and monitoring to professionals with innovative tools and technology. Unlike traditional security systems that react after an incident, MSaaS is designed to monitor, detect, and respond to potential threats before they can cause harm.

With Exigo Tech’s MSaaS, businesses gain access to a 24/7 security framework powered by Microsoft and eSentire, providing a multilayered defence strategy. This partnership brings together the best in cloud technology and cybersecurity expertise to offer peace of mind to businesses.

A business can have real-time threat monitoring and access to a Security Operations Centre (SOC) without the need to hire an expensive in-house team. This allows businesses to scale their security according to their growth without overspending on infrastructure. Additionally, we are offering our MSaaS solution with zero upfront cost, so you don’t have to worry about initial investment.

Core Components of Our Managed Security as a Service (MSaaS) Offering

Exigo Tech’s MSaaS is built on a foundation of industry-leading tools and technologies. Some key components include:

Microsoft 365 Business Premium

Beyond offering productivity tools, Microsoft 365 provides built-in security features like conditional access and multifactor authentication. This ensures that only authorised users access sensitive company data.

• Effective Collaboration: Seamless communication tools.
• Data Protection: Safeguard your work data from unauthorised access.
• Phishing and Ransomware Protection: Defend against common cyber threats.
• Sensitive Information Security: Keep your critical data secure.

Microsoft Defender for Endpoint

This tool provides businesses with advanced endpoint detection and response (EDR) capabilities, safeguarding devices from ransomware, malware, and other sophisticated attacks.

• Advanced Threat Detection: Real-time protection against ransomware and malware.
• Device Security: Safeguard PCs, mobiles, and servers from attacks.
• Automated Response: Quickly respond to and contain threats.
• Threat Hunting: Identify vulnerabilities proactively.
• Centralised Management: Manage endpoint security in one platform.

eSentire’s SOC

One of the most crucial components, eSentire’s SOC offers real-time monitoring and incident response, ensuring that any suspicious activity is identified and neutralised before it can escalate. The SOC operates 24/7 and is staffed with cybersecurity experts dedicated to keeping your business safe.

• 24/7 Monitoring: Round-the-clock threat detection.
• Rapid Incident Response: Neutralise threats before escalation.
• Expert Security Team: Cyber professionals dedicated to protection.
• Real-time Alerts: Immediate notification of suspicious activity.
• Continuous Vigilance: Ensure constant security coverage.

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Exigo Tech Security as a Service Powered by eSentire:

Our managed security service includes:

• 24/7 Threat Detection, Investigation, and Response: Constant vigilance against threats.
• MITRE ATT&CK Mapping: Advanced threat intelligence framework.
• MDR/Multi-Signal XDR Visibility Investigations: Comprehensive threat visibility.
• Anomaly Detection and Advanced Threat Hunting: Proactive security measures.

Together, these components create a strong cybersecurity framework that identifies and mitigates threats in real time, offering complete protection for businesses at any scale.

How Managed Security as a Service (MSaaS) Solves Cybersecurity Challenges for Businesses

MSaaS is designed to tackle the specific challenges faced by decision-makers. The service helps overcome several common issues, such as:

• Internal IT Knowledge Gaps: Many businesses find that their IT teams, while capable, lack the specialised knowledge required to stay updated on the latest cybersecurity trends. MSaaS fills this gap by providing expert-level support from industry leaders like Microsoft and eSentire.
• Cost-Effective Security: Hiring an in-house security team or investing in cutting-edge infrastructure can be expensive. MSaaS provides a scalable solution, allowing businesses to pay for what they need without making significant upfront investments. Plus, we offer this solution with Zero Upfront Cost.
• Protection Against Cyber Threats: Traditional security systems may no longer be sufficient for AI-driven and latest cyberattacks. MSaaS offers continuous monitoring and up-to-date threat intelligence, ensuring businesses are always protected against the latest threats.

Benefits of Managed Security as a Service (MSaaS) for Growing Businesses

As businesses grow, their security needs grow, and it becomes important to continuously adopt the latest cybersecurity solutions. MSaaS offers the flexibility and scalability necessary to keep up with these demands. Here are some key benefits:

• Scalability: MSaaS allows businesses to scale their security infrastructure as they grow. Whether you are a small business planning to expand or a larger enterprise with evolving needs, MSaaS can adapt without the need for significant changes or costly investments.
• Cost Savings: Building and maintaining an in-house security team requires significant resources. MSaaS offers a cost-effective alternative, providing top-tier protection without the need for additional staffing or infrastructure costs.
• Simplified Security Management: Managing multiple security tools can be difficult, particularly for businesses with limited IT resources. MSaaS simplifies this process by integrating tools into a single managed service, ensuring seamless protection without the hassle of managing multiple systems.
• Compliance with Cybersecurity Standards: As businesses must comply with increasing regulations and cybersecurity standards, MSaaS helps ensure compliance through continuous monitoring and reporting.

Why Exigo Tech is Your Trusted Cybersecurity Partner

At Exigo Tech, we understand the unique challenges businesses, especially SMBs face in cybersecurity. As a Microsoft Solutions Partner, we provide tailored cybersecurity solutions powered by industry-leading technologies.

Our Managed Security as a Service (MSaaS) offering is the perfect solution powered by Microsoft and eSentire to provide the protection you need, that too with Zero Initial Investment.

• Our team of experts works closely with clients to ensure that their security systems are optimised to their specific requirements.
• Whether it’s enhancing endpoint protection, establishing a robust SOC, or ensuring that your business remains compliant with the latest security standards, we deliver comprehensive solutions.
• With our experience and expertise, you can trust that your business will be protected by professionals who understand the complexities of the modern cybersecurity landscape.

Don’t be too late in securing your business. Contact us at contact@exigotech.com.au or call us at 1300 EXIGOTECH (394 468) to get started today.

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