As the global economy fluctuates, the weakening Rand has made it increasingly difficult for South African businesses to afford the skyrocketing costs of insourced cybersecurity. At the same time, the local cyber-skills shortage adds further pressure and exposure. In response, the trend towards outsourcing cybersecurity requirements to skilled and trusted managed security service providers (MSSPs) is rising.
With the July 2024 Global Threat Index indicating that South Africa, with an NRI of 42%, rose from 61st to 59th on the risk of most attacked countries and only 46% of local companies increasing their cybersecurity budgets last year, outsourcing is unquestionably the best way to acquire comprehensive and affordable defence products that protect data and ensure operational continuity.
Magix CVM is a standout next-generation cyber solution. This Complete Vulnerability Management solution offers cost-effective, reliable, and comprehensive protection at every point of attack.
Magix CVM safeguards five critical aspects of your digital security, from applications to endpoints, to ensure comprehensive protection and peace of mind.
• Application protection: CVM identifies, assesses, and mitigates security weaknesses in web applications and their associated APIs. This safeguards your applications against the latest cyber threats.
• Channel protection: Secure your communication channels—whether email, chat groups, or online meeting tools. CVM's channel protection tools ensure your business communications remain private and secure.
• Human resources: With CVM, you can conduct security awareness campaigns and email phishing simulations to educate and prepare your staff. CVM helps build a security-conscious workforce, your first line of defence against cyber threats.
• Infrastructure protection: Regular scans, assessments, and updates keep your infrastructure secure. CVM ensures that all your devices are protected correctly, minimising vulnerabilities.
• Endpoint protection: With Extended Detection and Response (XDR), CVM offers advanced security that goes beyond traditional methods, ensuring your endpoints are always protected.
Magix CVM is housed in a single, secure, easy-to-use web application that is accessible from anywhere. With fixed monthly costs, there is no need for large lump sums — CVM offers a variable subscription cost designed to meet your company’s specific needs. It comes with a suite of powerful tools and services to keep your business secure:
• Penetration tests: Ethical hackers test your systems to identify vulnerabilities and launch contained exploits, ensuring that your defences are robust.
• Vulnerability assessments: Determine the number and severity of vulnerabilities in your network, along with actionable steps for remediation.
• Application assessments: Assess web and mobile applications for vulnerabilities and get tailored remediation steps.
• Firewall assessments: Regular assessments to ensure your firewall is correctly configured and effective.
• Awareness campaigns: Test and score your employees' cybersecurity awareness, providing individualised training based on the results.
• Managed platform: Expert analysts document all threats, incidents, and activities for accurate monitoring and remediation.
With the skills and a proven track record of enhancing security postures, Magix empowers organisations to mitigate risks, comply with regulatory requirements, and maintain customer trust in a highly competitive market.
Magix Managing Director, Kevin Wotshela, advises, “The time is now to allocate adequate resources to comprehensive and proactive cybersecurity solutions that safeguard your business operations and drive future growth and resilience. With Magix CVM, you can gain skilled resources at an affordable price without compromising quality or efficacy.”
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