Managed Cybersecurity Services Ensure Privacy Protection
The world market for managed cybersecurity services is expected to grow by more than a third by 2028, according to research firm Markets & Markets. And with good reason: Cyberattacks are happening more often and getting smarter, while it’s becoming easier for hackers to steal data by exploiting the many devices that are now connected to our networks.
With effective protection against the latest threats a challenge for even the most well-staffed teams, managed security services can help reduce costs and complexity while increasing peace of mind. MSSPs typically offer 24/7 monitoring, reporting and alerting as well as a suite of tools that can be used to detect and respond to security incidents.
The key to protecting business assets is detecting and responding to all types of security incidents — from malware intrusions to phishing and ransomware attacks. MSSPs use a variety of sophisticated technologies to help mitigate these risks, including SIEM (security information and event management) tools, endpoint detection and response solutions, vulnerability scanning, firewalls and virtual private network (VPN). Many MSSPs also provide specialized security capabilities for cloud environments such as secure access service edge, CASB and container security software.
In addition to ensuring internal and external protection, MSSPs can deliver comprehensive risk assessment and mitigation, incident response and remediation, and education and training for employees. This helps organizations comply with industry regulations and standards, such as those mandated by healthcare organizations that must adhere to HIPAA, retail businesses required to meet PCI DSS, and educational institutions subject to FERPA rules.
How Do Managed Cybersecurity Services Ensure Privacy Protection?
Many organizations struggle to find and retain skilled cybersecurity professionals. A recent ISC2 survey found there’s a global shortage of 4 million cybersecurity workers. In addition, it can cost a significant amount of money to purchase, train and maintain a team of in-house security experts. MSSPs can eliminate the need for these expensive resources and rely on high-availability security operation centers to deliver a full suite of managed services.
One of the most popular services is a managed firewall, which protects devices and networks from outside attacks by blocking unauthorized access and allowing authorized traffic. MSSPs monitor firewall activity and can adjust settings to preemptively block or allow specific traffic depending on the situation.
Another popular managed cybersecurity services is phishing detection and prevention, which involves monitoring and responding to deceptive emails or websites designed to trick people into revealing confidential information like login credentials or credit card numbers. An MSSP will implement a robust email security protocol and conduct staff awareness training to prevent these types of threats.
Finally, many MSSPs offer a virtual vulnerability scanner, which can identify and assess vulnerabilities on an ongoing basis across endpoints, workloads and systems. This can include a deep, thorough self-review of the organization’s security posture and a series of tests to look for potential weaknesses. This can be especially helpful when implementing an IT transformation program or changing the way the organization operates, such as expanding into new markets or dealing with a rapidly evolving regulatory environment.
