Managed security service providers are increasingly providing integrated security solutions that are designed to address an increasing threat landscape. By using new solutions that support monitoring, detection and response, these managed security solutions are designed to respond quickly to advanced security attacks.
Businesses of all sizes are thinking out of the box these days about how to solve the evolving security problem. There are three important reasons.
1. Attacks are more damaging, come without warning and last longer than ever before.
Security attacks are increasing every year. More and more of them are targeting small and mid-size companies including CEOs. Many attacks once in your system are there for months before they are detected. Here’s a list of the most common new attacks targeted at SMB’s. Ask yourself if you’re ready for this!
Email Initiated Attacks
Phishing & Spear Phishing attacks
Email Spoofing/CEO Fraud
Malicious attachments
Supply chain attacks
Advanced Malware
Ransomware/Zero day & self-propagating worms
File-less malware
Stolen Credentials
New Cloud Threats
Hybrid/Public cloud infrastructures
Cloud applications & data storage
Multi-stage prolonged attacks (APTs)
IoT attacks
2. Companies are having a hard time keeping up
Rate that companies detect and respond to attacks is too slow
The need to maintain “appropriate security”
Analyze new solutions
Define changes and upgrade to new solutions
Ensure solutions work together and provide prevention, detection, response and forensics.
Cyber skills requirements are rising at a rapid rate.
Regulation Compliance – both in the US and WorldWide.
Other corporate priorities exist that take away from managing security.
3. A full time staff is needed to manage, detect and respond to attacks.
Qualified security personnel are hard to find, and the salary required exceeds budgets.
According to ESG research, 82% of cybersecurity professionals agree that improving threat detection and response (i.e. mean-time to detect (MTTD), mean-time to respond (MTTR), etc.) is a high priority at their organization.
77% of cybersecurity professionals surveyed by ESG say business managers are pressuring the cybersecurity team to improve threat detection and response.
Threat detection and response is not easy. Cybersecurity professionals point to issues such as an upsurge in the volume and sophistication of threats, an increasing cybersecurity workload, and a growing attack surface.
Outsourcing Can Provide Expertise, Resources and Advanced Managed Security Solutions
Expert security partners that provide risk assessments, who work with leading security product providers and who provide managed security services can lighten your load. They have the benefit of being immersed in security every day. Plus, by providing security risk assessments, they see where companies have gaps in their security. Working with many security product vendors enables them to understand who is best in class and what can work well together.
By managing security daily, they can master these devices and provide expert results. The right partner can provide:
Integrated security solutions that provide Managed Detection & Response (MDR)
Larger trained staff that is familiar with the latest security solutions
Ongoing monitoring, detection and informed response (remediation) recommendations
What Managed Security Services Can be Outsourced?
Managed security providers can provide a variety of managed solutions such as:
Products
Firewalls
Web Application Firewalls
Multi-factor Authentication
Security Operations Center
Backup and Disaster Recovery
Security Training & Phishing Testing
Cloud Application Security
Endpoint Protection, Detection & Response (EDR)
Security Risk Assessments (Annual, Quarterly, Monthly, Daily)
Security Testing (Vulnerability & Penetration testing, WiFi Testing…)
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