Cybersecurity is a top concern for small and medium-sized businesses (SMBs). Due to, in April 2022, Microsoft surveyed more than 150 small and medium businesses in an online quantitative survey in the U.S. to better understand changing SMB security needs. The survey found that more than 70% of SMBs think cyberthreats are becoming more of a business risk. That concern is well-founded — nearly one in four SMBs surveyed reported experiencing a security breach in the past year. 

Despite facing similar risks as enterprises, SMBs often lack access to the right resources and tools, including specialized security staff. Many SMBs still rely on traditional antivirus solutions for their security. Although 80% of SMBs state they have some form of antivirus solution, 93% continue to have concerns about increasing and evolving cyberattacks. 

What is Microsoft Defender for Business? 

Microsoft Defender for Business is a new endpoint security solution that was designed especially for the small and medium-sized business (up to 300 employees). With this endpoint security solution, your company’s devices are better protected from ransomware, malware, phishing, and other threats. 

Microsoft Defender for Business product features: 

• Threat and vulnerability management helps prioritize and focus on weaknesses that pose the most urgent and highest risk to business. Proactively build a secure foundation for your environment by discovering, prioritizing and remediating software vulnerabilities and misconfigurations. 

• Attack surface reduction options help minimize attack surface (i.e., places where your company is vulnerable to cyberattacks across your devices and applications), leaving bad actors with fewer ways to execute attacks. 

• Next-generation protection helps prevent and protect against threats with antimalware and antivirus protection on devices and in the cloud. 

• Endpoint detection and response provides behavioral-based detection and response alerts so that you can identify persistent threats and remove them from your environment. 

• Auto-investigation and remediation help scale security operations by examining alerts and taking immediate action to resolve attacks for customers. By reducing alert volume and remediating threats, Microsoft Defender for Business enables customers to prioritize tasks and focus on more sophisticated threats. 

Sources:

Microsoft news Center  (2022)  Microsoft Defender for Business 

Microsoft 365 (2022) What is Microsoft Defender for Business ?