All companies are taking steps towards digitalization, creating new products with automatic functionalities and internet connectivity. At these times, companies have a higher chance of being victims of a cyber-attack and must have professional staff with the necessary knowledge about Cyber-Security.

Cybercriminals are always on the lookout for vulnerabilities to exploit and make a profit. And because of the global pandemic of covid 19 so far, cyber-attacks have increased by more than 400%.

Unfortunately, the Cybersecurity skills gap is part of the challenge. Security professionals are in huge demand as organizations adopt digital strategies, yet very few professionals have the necessary knowledge, and hands-on security experience organizations seek.

Currently, an estimated 500,000 Cybersecurity jobs in the US are open. A report from Cybersecurity Ventures estimates that there will be 3.5 million unfilled Cyber-Security jobs in 2021.

What are Managed Security Services?

A Managed Security Services Provider (MSSP) helps protect businesses from security threats. These companies provide various services, such as continuous security monitoring, vulnerability risk assessment, threat intelligence and assessments, intrusion management, video surveillance, and access control. MSSPs can also provide security recommendations and some level of continuous security, and they can develop policies to help protect a company’s infrastructure.

Six main categories of MSSP

There are six main categories of managed security services, including:

• on-site consulting.
• perimeter management of the client’s network.
• product resale.
• managed security monitoring.
• penetration testing and vulnerability assessments.
• compliance monitoring.

Combat the Skills Gap

The managed security services model offers a unique solution to meet the massive demand for Cyber-Security professionals. An MSSP act as a much-needed source of technical expertise that can help organizations minimize the risk from Cyberattacks. Let see some benefits of the managed IT security services:

Enhanced Organizational Efficiency

Suppose your in-house IT team no longer has to keep track and address each alert or security threat. In that case, they’d have more time and energy to focus on other aspects of the job, and they could be able to be on top of their jobs, offer training sessions on cybersecurity awareness and day-to-day support.

The managed security services Provider will help organizations manage security risks that threaten business continuity. The Cyber-Security experts on MSSP will analyze the company, prioritize high-level threats, and then recommend the best possible solution to thwart those risks.

Reduced Costs

A thorough cybersecurity review of your organization’s needs might require experts from several fields, like a domain expert, a SIEM expert, and a firewall expert.

By choosing managed security services, you essentially lower the need for in-site experts because you have access to all these resources via the IT security consulting company.

Hiring, retaining, and managing your own in-house IT staff comes with high costs. It takes away valuable company resources that could be used for core business operations. Managed security services can give you a host of cybersecurity professionals at a fraction of the cost of recruiting and retaining costly expertise yourself.

Robust Security

When the attackers have access to recent innovations in tech and automation, you should have the same level of expertise and tools against them, too – and managed cybersecurity services will give you that. Once your processes have robust, reliable, and versatile network security automation put in place by security experts, you will have fewer worries about cybercriminals threatening business continuity.

Managed Security Services Providers can help you combat the cybersecurity skills gap by offering the latest technology and automation tools at lower prices than an on-site cyber security expert team.

For more information, please contact us.