In this era, where
digital evolution has reached its peak, various forms of malware and phishing
attacks have evolved following the same. Now that every business relies on
digital mediums to carry out most of their operations, they need IT assistance
to prevent such risks.
Either they choose
to set up an in-house cyber security team or outsource managed security services (MSS).
What they choose depends on various factors such as budget, size of the
business, and so on. In most cases, it has been observed that outsourcing these
services is more beneficial.
What Would Your Business Look Like in the Absence of MSS?
MSS is one of the
major aspects of running a business these days. In the absence of these
services, businesses may face certain challenges which may include:
●Limited Cyber Security
Expertise: Lack
of dedicated cyber security expertise may not safeguard against cyber threats
and may lead to compromising security situations.
●High Vulnerability to Cyber
Threats:
Without constant monitoring and evaluation, your system, devices, and networks
are at constant risk of threat, resulting in less efficient and more
challenging infrastructure management.
● Increased Operational Costs: Hiring a cyber security team
can be a more expensive option than getting a Managed Security Service Provider. Setting up a cyber security team
comes with various formalities and overhead expenses.
●Compliance and Regulatory Risks:
MSS provides 24/7
monitoring ensuring risk prevention. In its absence, sensitive data breaches,
data loss, software malfunctions, etc can occur.
● Difficulty in Scaling Security
Infrastructure:
As a business grows, so does its need for a stronger security infrastructure.
MSS are equipped to easily scale as per the requirements. In the absence of it,
the business may find it difficult to stabilize.
Benefits of Managed Security Services
MSS offer several
benefits to businesses, helping them enhance their cybersecurity posture,
protect sensitive data, and achieve operational efficiency. Here are six key
benefits:
●Dedicated Skilled Expertise: A Managed Security Service
Provider (MSSP) is well-versed in the current security
needs, ensuring high-grade security services which is impossible for the
in-house team to match. MSSP retains the latest technologies and expert
professionals ensuring full-fledged multi-layer security. One of the best parts
about outsourcing these services is that not only do they assure threat removal
but also thoroughly research the issues to prevent in the future.
●24/7 Monitoring and Threat
Detection: When
a Security Operations Center monitors and detects threats in real-time, it
enhances the security of your organization. It is common for attacks to occur
at unexpected times, delays in these cases can be fatal. 24/7 monitoring is not
sufficient to maintain a strong security ecosystem; instant responses to
threats accurately are what MSSPs do.
●Cost Effectivity: Acquiring a complete cyber
security team followed by maintaining and updating cyber security tools, and
software is a costly affair. Therefore, making it almost impossible for small
to medium businesses to set up one for themselves. A renowned MSSP like Globtier Infotech on the other hand is
responsible for acquiring, maintaining, and updating the latest tools,
technologies, licensing, etc to provide industry-grade security for its
clients.
●Proactive Threat Hunting: Unlike cyber security, where you
respond to the threat as and when it occurs, MSSP ensures 24/7 monitoring and
threat intelligence which constantly hunts any malevolent activities that may
trespass your system in the future. They investigate any breaches and optimize
AI to track potential threats.
●Automated Compliance: Industries face strict
regulations regarding data collection and protection, making compliance
reporting both complex and time-intensive. Regulatory standards and security
solutions continuously evolve, creating challenges in maintaining alignment.
MSS offer regular compliance monitoring for standards such as HIPAA, PCI DSS,
GDPR, and CCPA. These services automatically generate compliance incident
reports during audits, ensuring up-to-date adherence to regulatory
requirements.
● Vulnerability and Risk
Assessment:
Effective security protocols require frequent vulnerability assessments. MSS
provides regular internal and external network scans. The service provider
adjusts configurations and applies patches to assets, devices, and applications
based on these assessments. The results, accessible via dashboards or
easy-to-understand reports, help improve cybersecurity and reduce false
positives by providing actionable insights from expert evaluations.
Outsourcing MSS has
become a strategic imperative for businesses navigating the complexities of
today's digital landscape. With cyber threats evolving alongside digital
advancements, having robust cybersecurity measures in place is non-negotiable.
MSSPs offer a comprehensive suite of benefits that enhance a business's
security posture. These include dedicated expertise, round-the-clock
monitoring, cost-effectiveness, proactive threat hunting, automated compliance,
and regular vulnerability assessments.
Source: https://globtierinfotech.com/top-6-benefits-of-outsourcing-managed-security-services/