---
title: Why automation is the incident response ‘easy button’ MSPs & IR firms have been waiting for
description: Why automation is the incident response ‘easy button’ MSPs & IR firms have been waiting for
---

[Exigence Blog](https://blog.exigence.io)

# [Why automation is the incident response ‘easy button’ MSPs & IR firms have been waiting for](https://blog.exigence.io/why-automation-is-the-incident-response-easy-button-msps-ir-firms-have-been-waiting-for)

 Written by [Noam Morginstin](https://blog.exigence.io/author/noam-morginstin) | Dec 7, 2021 8:09:45 AM

<https://blog.exigence.io/>

The managed security services market is booming. Coming in at **$22.8 billion** in 2021, it is projected to nearly double in just five years and grow to **$43.7 billion** by 2026. Moreover, cloud-based managed security services are poised to be the major growth driver for the broader [MSP market](https://www.globenewswire.com/en/news-release/2021/09/28/2304304/0/en/Managed-Services-Market-to-Hit-USD-557-10-Billion-by-2028-Increasing-Adoption-of-Cloud-based-Managed-Security-to-Augment-Market-Growth-Fortune-Business-Insights.html), coming in at **$219.59 billion** in 2021, and expected to reach **$557.10 billion** by 2028.

As we can see, providing robust security services is a key competitive differentiator for the lucrative MSP market. And one of the most strategic core competencies that organizations are looking for is incident response (IR).

.

 

# The need for incident response mastery

This is no surprise, considering the rise in frequency and cost of cyber incidents over the past couple of years.

- **Cybercrime is up** [600%](https://purplesec.us/resources/cyber-security-statistics/) since the outbreak of the coronavirus pandemic 
- **The average time to identify** a breach in 2020 was [207 days](https://www.capita.com/sites/g/files/nginej146/files/2020-08/Ponemon-Global-Cost-of-Data-Breach-Study-2020.pdf)
- **Ransomware costs** are expected to reach [$265 billion](https://cybersecurityventures.com/global-ransomware-damage-costs-predicted-to-reach-250-billion-usd-by-2031/) by 2031
- **The global average cost** of a data breach is [$3.86 million](https://www.capita.com/sites/g/files/nginej146/files/2020-08/Ponemon-Global-Cost-of-Data-Breach-Study-2020.pdf)

Taking these staggering numbers into account, along with the fact that over [77%](https://www.cybintsolutions.com/cyber-security-facts-stats/) of organizations **do not have a cyber security incident response plan** in place, it is easy to see why organizations all over the world have an urgent need for highly skilled IR support.

So, whether the incident involves business email compromise, ransomware, fraud, malware infections, intrusions, or other, and whether for triage, analysis, containment, eradication, recovery, or investigation – service providers need to make sure they are supremely equipped with the tools and skillset for accelerating resolutions and minimizing damage.

 

<https://info.exigence.io/the-7-key-capabilities-for-gaining-control-command-of-critical-incidents>

 

# Incident response can be chaotic & messy

But this is no simple task. Incident response can be very chaotic and messy. **Tools are siloed** and **teams are scattered**. Getting the full **incident** **team onboarded** can take a lot of time. Emails and text messages are sent, over and over – and when the right people are in different time zones, the effort becomes all the more frustrating. Too often, key **stakeholders remain unreachable**.

And when you’re knee-deep in crisis and stress, it can be too easy to **forget to update** management, customers, PR, and even legal.

 

# How automation can help

The key for MSPs and IR firms today to **overcome** the IR challenge, **differentiate** themselves, and **deliver** a desperately needed solution for accelerated and effective resolution, is **automation**.

With automation, they get previously unimaginable **simplicity** and **ease** in making sure that:

- All the right people are **onboarded immediately**
- Everyone is **always on the same page**
- **Alerts** to responders get sent when certain critical tasks need to be executed, such as when to **escalate** and to whom
- **Updates** are pushed to the right people at the right time, such as management, customers, PR, and Legal.
- **Workflows** are seamlessly executed
- **Documentation** is effortless and easily accessible
- **Post-mortems** are prepared quickly and with accuracy

 Such capabilities are all the more critical for **highly regulated industries**.

In healthcare, for example, if your customer’s operations entail dealing with ePHI (electronically protected health information), this means that they must abide by very specific timelines for when and to whom notifications about an incident must be sent.

Without automation, doing so can be very difficult, if not impossible.

 

 

# Let automation do the heavy lifting

The narrative around incident response services is changing, as MSPs and IR firms understand that they need to bolster their IR offering if they are to take the thought leadership role and be ahead of the curve, and the competition.

When they let automation do the heavy lifting, they can do just that, in that it enables:

- Automatically **contacting** **incident stakeholders**, teams, and on-call personnel
- Automatically **opening a concall bridge** and **collaboration channel**
- Providing a **virtual situation room** for informing all about the incident, what type it is, the systems impacted, each individual’s role in the resolution effort, and ongoing alignment
- Automatically **updating each stakeholder**, including management, PR, and customers, and **sending reports** post-incident
- Automatically **escalating** when needed
- **Creating reports** with the click of a button without the need to search and aggregate broadly dispersed incident-related data

This is how IR automation serves as MSPs’ and IR firms’ *easy button*, enabling them to go beyond forensics and planning, and to deliver highly effective and accelerated incident response, with mastery. 

To learn how the Exigence platform can help you hit the easy button on incident response, we invite you to reach out to us at [info@exigence.io.](mailto:info@exigence.io)

 

[View full post](https://blog.exigence.io/why-automation-is-the-incident-response-easy-button-msps-ir-firms-have-been-waiting-for)

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