The Cybersecurity Market Report recently stated that worldwide spending on cybersecurity is predicted to top $1 trillion for the five-year period from 2017 to 2021. With a large variety of security management products on the market, along with the need for continuous, 24/7/365 threat defense, maintaining products can become difficult and time-consuming for most organizations. The threat landscape is at an all-time high and IT leaders need to put focus on cybersecurity initiatives, while strategically allocating budgets.
With this in mind, along with the cybersecurity talent shortage, many organizations are turning to managed services in order to supplement their data risk management initiatives. Managed security service providers can supply a whole suite of security services, with 24/7/365 management and support, for a fraction of the cost that you would incur if you were to go at it alone.
When calculating how much your TCO (Total Cost of Ownership) would be if you were to complete these actions in-house consider things like extra staffing, hardware, software and maintenance. The biggest consideration that people normally look over is the staffing part of the equation. Most IT departments are dealing with shortages or low hire budgets. To fully optimize your security investments, you need the bodies for daily management. Managed Services will give you access to a full team of trained and certified engineers that work as an extension of your team.
Keep reading to learn how organizations are leveraging managed service providers to secure their environments and achieve their goals.
When you have alerts coming from different sensors, 24/7, it can be difficult for many companies to determine which information is threating. If you don’t have the proper tools and people in place, it can be hard to correlate all this data into security events. And if you did, chances are it would be too late. According to the Ponemon Institute 2016 Cost of Data Breach Study, it can take on average 229 days to identify a data breach and 82 days to contain the breach.
Managed service providers (MSP) have years of knowledge in threat analysis and an expert team that can quickly identify which exploit notifications are false positives and which could actually lead to an incident. They also have implemented tools that unifies mitigating risk, identifying vulnerabilities, detecting threats, and prioritizing response into a singular platform. The MSP will work to address any threats through remediation services while minimizing the impact of a breach.
Routine Monitoring and Patch Management
As we all know when it comes to threat management, routine monitoring and maintenance is necessary as new threats evolve. Staying on top of tedious tasks can easily get away from an already bogged down IT department. Turning to a provider for help on this is essential.
Your organization can improve security by updating desktop and application patches. It’s not the most interesting topic, but it is a necessary part of your security plan. Managed Service Providers will evaluate which patches are most critical to network safety and handle those first. In order to maintain focus on critical tasks, organizations will turn to MSPs to prioritize the patch management process.
As your business naturally progresses, so will your security needs. Maybe you have migrated data to the cloud or grew to have remote workers. As your business transforms, your security solutions need to be a step ahead. Your managed service provider will be able to recommend your best cybersecurity options, implement the solutions and supply continuous management so you are staying secure and compliant as you grow. The service provider can help you with firewalls, intrusion detection, security event and incident management, vulnerability scans, incident response and much more!
In a world infested with data breaches, identity theft, and hacked information, it is essential that you enhanced your security initiatives. Not sure where to start? Contact NetServe365 for a Free Consultation Today!
Consumers and businesses alike have created a standard expectation of 24/7/365 access to data and applications from their vendors and partners. These high availability standards have paved the way to the always-on business model. On top of these demands, there are organizations that must be always-on because of the nature of their business. For example, … Continue reading “Here’s How to Ensure Your Business is “Always-On””
It’s time to finally say, Happy Holidays! While the holiday season is for spending time with your family, eating way too much, and spreading the holiday cheer, it also signifies that the year is coming to an end. And, we’ve all heard the cliché saying, new year new me, right? Well, as you might have … Continue reading “New Connections: An Introduction to Magna5”
In the recent Solarwinds MSP Cyber Preparedness Survey, Solarwinds surveyed 400 Small- to Medium-Sized Enterprises. This survey investigated the cyber security preparedness, experiences and failings of these organizations to better understand what we can be doing to better protect critical information. The headlines of all the attacks this year are enough to scare people to … Continue reading “7 Pitfalls That Are Hindering Your Cyber Security”