Cybersecurity is critical, but it’s essential to understand the financial implications of different approaches. Our calculator helps you break down the costs of building and running an in-house Security Operations Center (SOC) versus leveraging ForeNova’s NovaMDR service.
Compensation plus corporate costs per security expert and a minimum of 8 personnel for 24/7 coverage
Excludes costs for specialized security experts that perform staff management, incident response, threat intelligence research, malware analysis and reverse engineering, and more.
per year
Price based on the employees (business size) per year in EUROs
TEAM
€ 0
Security Information and Event Management (SIEM) System
Invest in a SIEM solution for real-time analysis of security alerts generated by applications and network hardware.
Endpoint Detection and Response (EDR) Tools:
Implement EDR tools for continuous monitoring and response to advanced threats.
Threat Intelligence Platforms
Utilize threat intelligence to gather insights about emerging threats and adversary tactics.
Firewalls
Deploy these technologies to protect your network and endpoints from malicious activities.
per year
TECHNOLOGY
€ 0
ENDPOINT
€ 0
THREAT
€ 0
FIREWALLS
€ 0
Resource Management
Regular Assessments
Compliance and Governance
Standard Operating Procedures (SOPs)
Develop Incident Response Plans
Culture and Awareness
per year
OPERATIONAL
€ 17,100
Estimated cost of building your SOC team in-house.
per year
TOTAL DIY
€ 0
per year
NovaMDR
The Average Cost of a Data Breach (based on data from IBM’s – The Cost of a Data Breach Report 2023 report)
per year
Explore the key benefits of NovaMDR.
Challenge: Many businesses struggle with the complexity of their IT environments, making it difficult to maintain a comprehensive view of all assets and potential vulnerabilities. This complexity can lead to gaps in defenses, leaving companies exposed to risks.
Solution: Our network and endpoint technologies provide 360° visibility into your IT environment, filling any gaps in your defenses.
Impact: Simplify the complexity of your IT infrastructure, ensuring you have a comprehensive understanding and control over your security landscape.
Challenge: Attracting and retaining the right security experts remains a significant challenge. The high demand for skilled professionals often means that businesses cannot afford or keep the expertise needed to safeguard their operations effectively.
Solution: Through outsourcing, we offer a dedicated team of security experts available on demand. This eliminates the need for you to attract and retain specialized staff.
Impact: You gain access to a full range of security specializations without the burden of staffing and expertise challenges, allowing you to focus on your core business activities.
Challenge: For companies in regulated industries, compliance with standards such as KRITIS can add a significant burden. The high cost of non-compliance, coupled with the complexity of maintaining stringent security practices, creates a challenging environment for these businesses.
Solution: We provide fast detection and rapid response capabilities, designed for SMEs to help meet compliance requirements efficiently.
Impact: Demonstrating compliance becomes easier and more cost-effective, minimizing the risk of fines and penalties.
Challenge: Particularly in the healthcare sector, protecting Patient Healthcare Information (PHI) is paramount. Unauthorized access to PHI not only breaches confidentiality but can also have severe implications for patients’ lives.
Solution: Advanced detection engines specifically tuned for Ransomware, along with network traffic analyzers to identify and inventory shadow IT and new medical devices.
Impact: Minimize the impact of stolen PHI and ensure the health and safety of patients by preventing unauthorized access to sensitive data.
Challenge: The threat of ransomware and other cyber attacks looms large for businesses, especially those in the media and event sectors. Preparing for and mitigating these threats requires constant vigilance and a proactive security posture.
Solution: Our comprehensive security program includes processes & procedures to reduce complexity and vulnerabilities, alongside 24/7 monitoring from our SOC.
Impact: Enhance your resilience against cyber threats, ensuring your business is prepared for and can respond to incidents effectively.
Ready to see how much you can save with NovaMDR?
Contact us now for a personalized quote tailored to your specific needs.
Our team of experts will provide a detailed cost analysis and help you understand the benefits of switching to ForeNova’s managed detection and response service.
Secure your business efficiently and affordably with NovaMDR.
General Line: +49 1512 962 5343
Monday- Friday | 09:00-17:00
ForeNova Technologies GmbH, Sulzbacher Str. 48, 90489 Nürnberg, Germany
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