Managed IT Security Services

By definition, it generally involves the management and monitoring of security platforms, software, and similar systems. There is a wide range of security services being offered by MSSPs today. From full outsourcing of security programs to specialized services that focus on a specific component of the enterprises. Some of the services include management and monitoring of vulnerability scanning/testing, intrusion detection, Data-Leak Protection, anti-virus, firewalls, and related technologies.

Companies providing these services call themselves managed service providers (MSPs) or managed security services providers (MSSPs). Depending on the services portfolio they offer.

By outsourcing security, enterprises are often able to realize cost savings. Eliminating the need to maintain a fully staffed, full-time, on-site IT security. Many organizations also turn to MSSPs for faster deployment times and improved time-to-value on security investments.

Why Choose Managed Security Service

We know small businesses assume they’re already protected from cyberattacks, with basic protections like anti-virus and firewall. However, that is not the case these days. Cybercriminals and their attacks have grown more sophisticated in recent years. Cybercriminals often innovate their attempts to evade basic protections and legacy solutions that most SMBs rely on.

Despite increasing awareness of the need for proactive security measures, many organizations continue to put off implementing sound security initiatives. Organizations do not realize until they’ve suffered a loss as a result of a data breach. Whether an organization is lacking in security program maturity or wants to expand their security, MSSP are a valuable option.

Benefits of Managed Security Services

Increased security

Managed security services are more than simply outsourcing security to reduce capital or staffing costs. Recent research indicates that managed security services can deliver superior performance.

This performance includes a 50% reduction in the possibility of data breach caused by the most common external threats. Security services can prevent threats from entering the organization—negating the potential for significant impacts like data loss or downtime.

While most publicized data breaches are the result of malicious activity, accidental data loss is also a major problem. Research shows that security services can also reduce accidental breaches by half. This helps organizations counter insider threats, be it a rogue employee or external party that gained access to credentials.

Best technology and people, at a lower cost

Whether your organization purchases security software and platforms as-a-service or as a one-time capital expenditure, these technologies do not come cheap. Another even more challenging issue is fully operating the technology, and keeping it up to date.

Don’t worry about developing or finding staff capable of operating and updating IT security technology. With managed security services – your business can have access to this type of expertise 24/7.

The MSSP makes the investment in the technology and necessary staffing. They can use their scale of operation to provide these costs for multiple customers at a lower cost. Then, through the managed services contract, your organization affordably attains top-notch technology, staff, and protection.

Reduce the compliance and governance burden

Regulations can be difficult for management to understand. IT staff likely lacks significant knowledge on industry-specific or other requirements for security, like those for PCI, GDPR, and others.

As part of a managed security services contract, an MSSP helps organizations maintain compliance with various industry security standards.

Cost control and predictability

On average, organizations are spending a significant percentage of their IT budget on security-related capabilities. Opting an MSSP approach can help to have these costs be fixed and transparent. Managed services providers are generally able to fix (and frequently reduce) costs by bringing scale to their business. The same is true with security services.

With the service level agreement (SLA), organizations also have certainty and transparency around the performance of the provider; it often goes beyond what internal IT can deliver.

Freeing up IT resources

Technology resources within an organization are generally scarce due to extensive demand and a relatively high cost.  IT staff have their hands full keeping up the network, applications, and end-user operations. Without your IT staff working on these core tasks, significant inefficiencies would likely emerge. MSSP can offer significant benefits by taking over the security services. The IT team doesn’t need to worry about monitoring your systems. They can focus entirely on your software, hardware, and maintenance needs.

Improved Focus on Business

Each organization has its own mission and vision. It needs to be able to maintain a sharp focus on it by delegating cybersecurity to an MSSP. Organizations can let someone else worry about implementing the latest and greatest security tools while still benefiting from them.

SMBs’ to enterprise customers can benefit from using a managed security service. It not only delivers a high level of cyber resilience, it also provides expertise, centralization, and uniformity to security operations. For some small to mid-size organizations, these benefits don’t initially seem like a significant value. We can learn from those who have faced the backlash of regulators, angry customers after a data breach, or lost days of operation while recovering from a ransomware attack. Having an additional level of protection of a managed security program is money well spent.

We at Erasmith can help you choose the right services for your security need and provide managed security services for Data Leak Protection (DLP) and partner with Data Resolve Technologies, India’s leading cybersecurity organization with solutions for data protection, insider threats, and UEBA (user and Entity behavior Analytics).

Author: Mr. Vijay Dogra
Reach out to us at info@erasmith.com for any further assistance.