How MSSPs Can Leverage Credential Monitoring & Key Features

Are your current security measures truly effective against credential-based attacks? We understand the pressure MSSPs face to safeguard client data amidst the growing number of cyber threats. Credential recycling  is one of those threats. And they are primary vectors for unauthorized access. 

The use of stolen credentials remains the primary way into organizations, with 44.7% of breaches involving credentials as the top “action” to entry taken (Verizon’s Data Breach Investigations Report). Perimeter defenses are ineffective against threats involving stolen credentials. These credentials, readily available on dark web marketplaces, bypass traditional security measures as there is no unusual activity to detect, leaving critical assets exposed.

MSSPs have to up their game and deploy advanced credential monitoring. 

Advanced credential monitoring gives your team total visibility into what is going on in the deep and dark web. With data feeds from across the deep and dark web, credential monitoring platforms provide real-time dark web intelligence, identifies compromised credentials, contextualizes alerts, and enables preemptive action. Knowing contextual data makes it easier for MSSPs to enhance incident response and fortify client defenses. When the alert shows malware root paths and hardware IDs you reduce incident response time because you don’t need to look for these crucial details. A proactive approach maintains client trust and ensures robust cybersecurity posture. Detecting client credentials on the dark web and preventing threat actors from gaining unauthorized access to your client’s network prevents: 

• Data breaches
• Financial losses
• Reputational damage
• Disruption of business continuity

Table 1: Limitations of traditional security approaches

Table 2: Benefits of advanced credential monitoring

Key features of an effective credential monitoring solution

MSSPs seeking to bolster their defenses against credential recycling, the selection of an advanced credential monitoring solution is paramount. The efficacy of such a solution hinges on its ability to answer certain questions about its technical capabilities. 

Do you have the data feeds you need for total coverage?

The solution should aggregate and analyze data from a wide range of sources, ensuring that no compromised credential goes undetected. This includes continuous monitoring of various dark web sources, infostealer logs, and historical breach databases. A robust solution must provide extensive coverage of compromised credentials originating from diverse sources, including:

• Infostealer malware
• Large-scale data breaches
• Illicit dark web marketplaces. 

How can you be sure the platform detects everything accurately?

The solution must employ sophisticated algorithms and threat intelligence to accurately identify compromised credentials and minimize false positives. Precise detection capabilities ensure that MSSPs can prioritize remediation efforts and avoid unnecessary disruptions. The solution should have the ability to detect variations of credentials, as well as credentials that have been obfuscated.

Do you receive actionable alerts with relevant contextual information?

The solution should deliver timely and actionable alerts, enabling MSSPs to respond swiftly to potential threats. Alerts are crucial and must include contextual information to facilitate rapid and effective incident response. This includes:

• Hardware ID: Identification of the compromised device’s hardware.
• Malware Root Path: The location of the malware on the infected system.
• Stealer Family: The specific type of infostealer malware responsible for the compromise.
• Compromised Data Details: Specific information about the compromised data, such as usernames, passwords, and associated accounts.

Timely alerts must be able to be integrated into existing security platforms and workflows. This deep data allows for very rapid investigation, and response.

By prioritizing these key features, MSSPs can select a credential monitoring solution that empowers them to proactively safeguard their clients’ sensitive data and maintain operational integrity.

The path forward with proactive credential monitoring 

The escalating threat of credential recycling demands immediate action from MSSPs. Traditional security measures are no longer sufficient against the pervasive circulation of compromised credentials on illicit online marketplaces. To safeguard client assets, MSSPs must adopt advanced credential monitoring solutions offering comprehensive data coverage, accurate detection, and actionable alerts with deep contextual information.

By embracing these proactive solutions, MSSPs reinforce their role as trusted security partners. Exploring and implementing advanced credential monitoring is foundational for maintaining client trust and leading in the cybersecurity landscape.

The battle against credential recycling is ongoing, but MSSPs are not without powerful tools. By prioritizing advanced credential monitoring solutions that provide comprehensive data coverage, accurate detection, and actionable alerts, you can fortify your defenses and safeguard your clients’ sensitive data. While the threats are real and serious, the opportunity to lead in cybersecurity is equally significant.

Ready to embrace these proactive solutions? Talk to one of our experts today.