Deloitte’s customizable Managed Threat Service can strengthen asset management while reducing cyber risk

by Brianna Crandall — March 20, 2017 — Deloitte recently announced the launch of its Managed Threat Service and Managed Digital Identity Service aimed at empowering enterprises to strengthen their cybersecurity posture. The services are designed to expedite the maturity of traditional identity and access management (IAM) capabilities and to help clients better address digital transformation trends like the cloud and Internet of Things while reducing cyber risk for valuable assets.

As organizations confront impending cloud migrations and an ever-evolving threat landscape, they are left to grapple with the challenge of mitigating risk while simultaneously preserving and enhancing functionality. While migration to the cloud is a key step in the evolution of cybersecurity solutions, expedience can result in a generic solution platform.

Traditional managed service offerings deployed for threat monitoring and identity operational efficiency have been designed to function in a broad cyber defense environment, rather than optimized for an industry-specific cyber threat landscape. To better connect specific objectives a business faces in terms of the risks, growth and performance objectives, Deloitte Risk and Financial Advisory Cyber Risk Services’ Managed Threat and Digital Identity Services can be finely tuned to align with those risks and objectives.

Adnan Amjad, partner, Deloitte & Touche, and Cyber Risk managed services leader for Deloitte Risk and Financial Advisory Cyber Risk Services, pointed out:

To stay ahead of emerging cyber threats, there is a need to deploy cyber risk solutions in an accelerated manner and to embed these solutions across the organization. Our tailored Managed Threat and Digital Identity Services are designed to help our clients to better address digital transformation trends like the cloud and Internet of Things at a much faster pace while reducing cyber risk for their most valuable assets across the enterprise.

Managed Digital Identity Services

Unlike boutique cloud vendors, Deloitte boasts a large breadth and depth of knowledge and capabilities to rich functionality with an industry aligned lens. Deloitte’s Managed Digital Identity Services can expedite the maturity of traditional identity and access management (IAM) capabilities by leveraging an extensive library of accelerators, built through decades of identity management experience across all major industries.

Identity and access management solutions are critical to enterprise security. But as connected devices and applications grow both in volume and complexity, mounting administrative, design, and cost challenges put an increased burden on internal security teams, notes the firm. The new managed digital identity service is designed to help reduce the barriers of moving to the cloud and limit the need for parallel identity solutions, while allowing organizations to integrate disparate systems. With solutions that support both modern API-based and legacy applications and business processes, efficiencies can be created to enable end-users to instead focus on security priorities.

Michael Wyatt, managing director, Deloitte & Touche, and Identity Management practice leader for Deloitte Risk and Financial Advisory Cyber Risk Services, stated:

End-user and customer experience is a high priority for our clients. Our enterprise Managed Digital Identity Services are designed with the flexibility needed to provide a multiple-use customer-facing identity service in a digital environment.

Managed Threat Service

In many organizations, a majority of time is spent managing systems, with only limited time and resources available for analysis and risk mitigation. These resource constraints challenge organizations to identify where information is stored within their network of systems and whether or how that information has been secured. When controls overlook the identification of potential cyber incidents, the ability to identify an attack before it happens is diminished. Deloitte’s Managed Threat Services can help organizations identify significant threats requiring immediate attention by expanding the aperture of context surrounding an anomaly for better threat detection.

The Managed Threat Service deploys cyber-hunting, orchestration and remediation, risk analytics, and behavior analytics that go beyond binary indicators to develop hypotheses based on applied threat intelligence and patterns detected from within an environment. This approach enables a greater level of analysis in less time, and can provide insights that foster a triage process that helps prioritize risks, to focus on key areas crucial to preserving and protecting key assets. Deloitte handles analytics and automation in a single pane of glass view for a comprehensive visibility into threat monitoring.

Vikram Kunchala, managing director, Deloitte & Touche, pointed out:

For enterprises to stay a step ahead of threats, they need to be able to quickly identify and address anomalies and respond appropriately. Our Managed Threat Service shines the light where it needs to be, to help organizations make informed decisions, allowing them to act before a breach occurs.

With these new services, Deloitte has expanded its managed risk services offering, bridging the gap between clients’ security needs and the ever-evolving threats they face. For more information, visit Deloitte’s Managed Digital Identity Services and Managed Threat Services Web pages.