In a world of AI and remote working, businesses face ever-increasing risks of data breaches, cyber attacks and other security threats. Such breaches are devastating to any company and further hurt their reputation with their clientele. That's why many businesses are turning to Managed Security Service Providers (MSSPs) to help protect their systems and data.
What is an MSSP?
An MSSP is a third-party service provider that monitors and manages all company’s security systems. They offer security services such as threat detection and response, security devices and systems management, network and endpoint security, vulnerability management, data encryption and backup, compliance management, cloud and on-premises data protection, and more.
MSSPs provide a cost efficient way for businesses to outsource their security needs. Depending on the provider, the services can be subscription or contract based. Primary benefits of leveraging an MSSP include 24/7 monitoring, threat intelligence and incident response.
In today’s age where cyberattacks are becoming very sophisticated, MSSPs allow businesses to focus on their core competencies while leaving their cybersecurity defense prep to the experts. MSSPs have the resources and expertise to provide comprehensive cybersecurity services that are tailored to the specific needs of each business.
A extended range of services that MSSPs can offer include: 24/7 continuous security monitoring, virus and spam blocking, intrusion detection, VPN and firewall management, system modifications and security upgrades, vulnerability risk assessment, threat intelligence and assessments, intrusion management, video surveillance and access control, security recommendations, and policy development to help protect all business infrastructure. Furthermore MSSPs can help businesses identify and address security risks in real-time, ensuring that their systems and data remain secure against ever-evolving threats.
Why Use an MSSP?
Stay Up to Date
MSSPs stay up-to-date with the latest security attacks and trends by attending cybersecurity industry conferences, investing in research and development, collaborating with other cybersecurity professionals, and leveraging threat intelligence feeds. MSSPs also use advanced analytics and machine learning to identify and respond to emerging threats in real-time.
Specialized Expertise
With new threats emerging every day, it’s challenging for businesses to keep pace with the evolving landscape of cybersecurity. An MSSP can provide access to a network of security experts who can respond to threats as they happen and provide recommendations, continuous security and develop policies to detect and respond to future security threats in a timely and effective manner.
Continuous Monitoring
MSSPs can also provide 24/7 services designed to prevent security breaches, provide proactive detection and reduce the number of security support staff a company needs to hire to maintain an acceptable security posture.
Cost Effective
It's costly and time consuming for an organization to hire, train and retain in-house security team with right expertise. MSSPs can provide a range of security services at a fraction of the cost of hiring a full-time cybersecurity team. This can be especially beneficial for small and medium-sized businesses that may not have the resources to hire a full-time cybersecurity team. Furthermore, companies can now set a predictable pricing and budgeting for security services and have a cost-effective way to protect data and network from intrusions while reducing the complexity of the process.
Security Efficiencies
MSSPs can help streamline operations by integration with existing security tools and processes. They can ensure compliance with industry specific regulations and standards. Ensure scalability to meet the changing security needs of an organization. Provide improved visibility and reporting for better decision making and also deploy rapid incident response and resolution in case of a security incident.
Core Business Improvements
Knowing that their security is being managed by a team of experts and that their systems and data are being protected around the clock frees up businesses free up resources to focus on other critical areas of their operations.
Are there different MSSP Categories?
Every MSSP operates differently. They have different specialties and each has its unique offerings but broadly speaking, these categories include:
1. Consulting-based | 2. Monitoring-based | 3. Hybrid |
These MSSPs provide strategic security consulting and advice to businesses, helping them design and implement security policies and frameworks. | These MSSPs focus on monitoring a company's systems and data for threats and vulnerabilities, and provide real-time alerts and responses. | These MSSPs offer a combination of consulting and monitoring services, providing businesses with a comprehensive approach to security management. |
How to Choose the Best MSSP
When choosing an MSSP, it's important to consider the following factors:
Strong track record of providing high quality service - Years of experience, industry certifications (such as SOC 2, ISO 27001, and PCI DSS), successes and customer testimonials
Range of security services being offered as well as the MSSP’s approach to security and customer service
Thought leadership in the cybersecurity space
Tools & technologies being leveraged (such as machine learning to detect threats real time)
Pricing models
Experience working in the same industry as the business
Don’t Confuse MSP with a MSSP
MSSP stands for Managed Security Service Provider as you have already learned and MSP stands for Managed Service Provider . Both are third-party service providers but MSPs focus on remotely managing a customer information technology (IT) infrastructure, software support and hardware maintenance whereas MSSPs focus on providing cybersecurity services and compliance management. The primary goal for an MSP is to ensure there are no service interruptions and minimize downtimes. In contrast, MSSPs goal is to defend the businesses against cybersecurity
MSPs are ideal for businesses looking for an all-in-one IT management solution, while MSSPs are ideal for businesses looking for comprehensive security solutions tailored to their specific needs. Some of the MSPs are also MSSPs so when choosing one or the other, businesses should consider their specific needs and business objectives and choose the provider that best meets those needs.
How Can Feuji Help You?
With cybersecurity evolving so rapidly, it's important for a MSSP also to keep pace and offer services that are comprehensive and sophisticated. MSSPs need to look into predictive analytics and threat intelligence using AI to stay ahead of emerging threats. MSSPs need to leverage IoTs, block chain to provide identity management and access control, encryption, and prebuilt secure APIs for data integration.
Feuji can do all that and more to help businesses stay protected against the latest cyber threats. As an MSSP, Feuji offers a wide range of comprehensive security services to monitor, detect and manage any kind of security aspects. In addition to a proven track record of success and proud customer testimonials and up-to-date certifications, Feuji's approach to security and customer service is top-notch, with a team of security experts who can respond to attacks as they happen.
By offering a variety of pricing models, Feuji offers cost-effective options for protecting data and infrastructure. Feuji is an excellent choice for businesses looking for a reliable and experienced MSSP.
