Published: September 5, 2024Cyber security needs to be the top priority of organizations small to large. Due to the increasing complexity of cyber threats, organizations are turning to managed security services to better protect their systems and data. A Managed Security Services Provider (MSSP) offers a range of benefits that can help businesses stay secure and compliant. Here are 8 benefits of utilizing a managed security services provider for your cyber security and managed IT.
Table of Contents
Why Utilize Managed Security Services?
8 Benefits of Managed Security Services
1. Cost Savings
Everyone likes to save some money. By using a managed security services provider an organization can reduce costs by not building and maintaining their own in-house IT team. Sure you could hire some of your own IT staff but to counteract the increasing scope of cyber security threats you will need to hire more people with a broad range of expertise. To do that would be more costly due to the larger number of staff and the higher level of expertise.
2. Expertise
As cyber security threats increase in complexity and scope you will need access to IT staff with a broad range of expertise as well as a deeper understanding of cyber security best practices, which as we just discussed, will cost more. Not only is the cost factor part of it, but access to a higher level of experience and expertise. An MSSP has multiple clients therefore allowing more of those clients access to higher level technicians rather than each organization trying to hire the top level talent in a limited pool. Instead, the MSSP hires top talent and can use their various employees’ skill sets to benefit all of their clients.
3. 24/7 Monitoring and Support
A managed security services provider can offer 24/7 support whereas that would be much harder to do with your own in-house IT team. This is a big benefit because a cyber attack could happen at any time and a quick response is necessary to mitigate the damage. Again, this stems back to cost savings as it is cheaper to utilize an MSSP’s 24/7 support rather than paying your team to be available 24/7.
4. Scalability and Flexibility
An MSSP offers scalable solutions for an organization’s cyber security. As an organization grows both in number of employees and size of business dealings their attack surface for cyber-attacks grows with it. If you have your own IT team, it can be harder to match the growth than if you utilize the services of a managed security services provider. On the flip side, if your organization hits a low spot, decreasing your service plan with an MSSP is not as difficult as it is to lay off employees on an IT team.
5. Compliance Support
Different industries have different compliance and regulatory standards that they must meet. Due to the often sensitive nature of digital data held by organizations, it is important that an organization meets the requirements placed on them. Using the services of an MSSP can help with that. An MSSP will have staff with deep knowledge of the regulations and know-how required to be compliant with those standards. This is helpful as well because it does not require the organization to have an expert on staff in the regulations and the cyber security mitigation tactics needed.
6. Focus on Core Business Activities
Managing cyber security in-house can be time-consuming and divert resources from core business activities. When you utilize the services of an MSSP you and your team can direct more of your focus on the primary tasks of the organization. You can do what you do best and your MSSP can do what they do best.
7. Access to Advanced Security Technologies
An MSSP invests in the latest in cyber security technologies in order to keep their clients’ systems safe. That includes intrusion prevention systems, advanced threat detection systems, and security information and event management (SEIM) solutions, to name a few. When an organization utilizes the services of an MSSP they can access these top-tier technologies without all of the necessary upfront costs.
8. Proactive Threat Intelligence
In order to stay ahead of threats, MSSPs will use varying threat intelligence solutions. To do this they analyze threat data, continuously monitor threat landscapes, and identify potential risks. By being proactive, MSSPs can take proactive action to mitigate threats before any harm is caused. These threat assessments can then be taken to a client of an MSSP and changes to their infrastructure can be made to better protect their data and digital environment.
Conclusion
Managed security services offer many benefits that can aid organizations in protecting their data and digital environment. By partnering with an MSSP you can save money and utilize industry expertise to protect your organization while having the time to do what you do best.
Talk to an MSSP today to see how they can best serve your organization.
As always, we are here to help.
