Italian businesses and organizations are becoming increasingly aware of their cybersecurity threats and are looking for ways to mitigate them. Managed Detection and Response (MDR) providers can offer comprehensive security services to help businesses protect their data and systems. Many companies in Italy do not have the in-house expertise to manage their security.
MDR providers can offer businesses access to a team of security experts who can monitor their systems and networks for threats and respond to incidents. MDR can be a cost-effective way for small businesses to improve their security posture. MDR providers can offer businesses access to a wide range of security services at a fraction of the cost of building and maintaining their security team.
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Italy is one of the most targeted countries in Europe by cybercriminals, and the threat landscape is constantly evolving. In Italy, the ransomware attacks are on the rise. According to the Italian National Cybersecurity Agency (ACN), ransomware attacks increased by 150% in Italy in 2022. Another major threat is phishing attacks. Phishing attacks trick users into revealing sensitive information, such as passwords or credit card numbers. Phishing attacks can be done through email, SMS, or social media.
The Italian government is taking steps to address the cybersecurity threat. In 2021, the government established the Agency for National Cybersecurity (ACN). The ACN is an Italian government body with resilience and security tasks in information technology. It also protects national security in cyberspace and ensures coordination between the public entities involved. It pursues the achievement of national and European strategic autonomy in the digital sector, in synergy with the national production system, and through the involvement of the university and research world.
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Key Market Players
The MDR market is led by some of the globally established players, such as CrowdStrike (US), Rapid7 (US), Red Canary (US), Arctic Wolf (US), Kudelski Security (Switzerland), Mandiant (US), SentinelOne (US), Proficio (US), Expel (US), Secureworks (US), Alert Logic (US). Partnerships, agreements, collaborations, acquisitions, and product developments are some of the various growth strategies by these players to increase their market presence.
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