A holistic managed security service provider will offer complete cybersecurity monitoring and management, including virus and spam blocking, intrusion detection, firewalls and virtual private network (VPN) management. Organizations may either outsource all or aspects of their IT security functions to MSSPs. MSSPs will typically provide some level of continuous security monitoring, vulnerability risk assessment, threat intelligence and intrusion management. Some MSSPs offer services to support organizations in regulated industries that must meet compliance requirements, such as the Health Insurance Portability and Accountability Act (HIPAA) or General Data Protection Regulation (GDPR).
In some cases, working with a managed security service provider will offer cost savings to an organization. For example, acquiring in-house cybersecurity staff can be expensive, so working with an MSSP can present a more cost-effective option. Using an MSSP can also save organizations money on equipment, software tools and other operational costs.
This year brings some of the companies that seem to be on the ascent, with a renewed emphasis on security and a strategy that puts the businesses at the forefront of emerging approaches like cloud-based managed security. Managed security services will undoubtedly continue to be a quickly evolving sector with a dynamic set of technologies. To thwart attackers, organizations are continuing to layer on security controls to remain competitive and future-ready, capitalizing on the new ways in which businesses can be secured in our digital age. We hope this Cyber Security Review issue helps you build the partnership you and your firm need to enable seamless cybersecurity principles.
We present to you Cyber Security Review’s “Top 10 Managed Security Solution Providers – 2021.”