EY launches managed cyber security service

Service is specifically tailored to support Irish SMEs

Trade

Puneet Kukreja, Carol Murphy, and Hugh Callaghan, EY Ireland

EY Ireland has launched its managed cyber security service, specifically tailored to support Irish SMEs and other businesses globally.

EY Ireland’s new managed cyber security operations centre (MSOC) can support businesses who have been slow to embark on their cyber preparedness journey often due to misconceptions around expected technical complexity, lack of in-house skills and difficulty estimating cyber investment requirements. With SMEs these barriers become even more pronounced as they can be vulnerable to smaller budgets and no specialised security function to provide adequate cyber protection.

Puneet Kukreja, EY Ireland consulting partner and head of cyber security, said: “A common myth is that a fully integrated in-house cyber infrastructure or a fully managed outsourced security capability is the only option. This can be resource heavy particularly for SMEs, leaving many businesses on the starting blocks where their cyber security journey is concerned.

“The reality is that it is significantly more cost effective to protect against threats, than to react after the incident. Treating cybersecurity as an expense rather than an investment is counter-productive, leaving businesses wide open to attack. Modern, cloud-based infrastructure and open AI means that a single stolen credential or compromised account can be used by bad actors to launch an attack.”

TechCentral Reporters

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