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In today’s digitally driven world, the need for businesses to secure their infrastructure, applications, data, and secrets has become a daunting and necessary task. The ever-changing evolution of cybersecurity threats and the growing need for security knowledge means that many organizations lack the experienced staff to properly secure and protect their data.
With the increase of attacks and the complexity of the breach types, the demand for security solutions has driven companies to look outside their internal IT for assistance. These businesses realize it is nearly impossible to monitor, manage, and secure all systems they rely on.
This is the reason MSSP (managed security services provider) was created.
The MSSP in the Digital Economy
An MSSP is a business that provides outsourced security services to its customers from security-as-a-service, threat monitoring, infrastructure management, proactive protection, and response capabilities. In addition, they tend to offer around-the-clock monitoring and management.
And while the security threat landscape has evolved, not all MSSPs have evolved with it and are enabled to contend with this increasingly digital world and hard to mitigate attacks of keys with standard technology threats that target the cryptographic root of trust.
MSSP or MDR?
When deciding which managed security provider is the right fit for your needs, do you go with an MSSP and MDR (Managed Detection and Response)? The distinctions between these 2 providers have shortened over time as MSSPs continue to evolve to meet their client’s needs, and some of these services overlap. Therefore, the question isn’t, “Which one is better?” but more “Which one can help you achieve your security goals?”
There are three significant differences between MSSPs and MDRs:
- MSSPs mainly focus on sending alerts and notification of any security incidents and meeting their SLA requirements, while MDRs adds an investigative and remediation component.
- MSSPs are meant to replace internal security functions while MDRs augment and enhance your existing security programs.
- MSSPs specialize in common and known vulnerabilities, while MDRs provide advanced analysis, forensics, and research.
While it may look like MDRs have more benefits, selecting between the two comes down to your particular security needs.
Maintaining A Competitive Edge With Customer-Centric Technology
As more consumers embrace the digital world and become more mobile, companies must maintain a high level of service and security to remain relevant. Companies are constantly finding ways to improve user experience due to a highly competitive market while meeting consumer and regulatory demands of securing their data. This task falls on the responsibility of the IT team.
For many organizations today, global economy and growth means the adoption of modern IT. Having he ability to leverage existing infrastructure, while moving to new more innovative technology, poses a new set of challenges – in particular the management of security and policy across hybrid IT. Many IT departments find it difficult to properly manage and secure their mixed infrastructure due to a lack of visibility.
The IT Challenge in A Digital World
Many organizations’ IT departments spend most of their time ensuring their infrastructure is configured correctly and maintained so users are satisfied and will continue to utilize their services and products. However, with the lack of resources, IT teams have become more reactive to IT issues instead of proactively finding ways to address these challenges before they arise.
IT has and will always be a vital part of any business, and the need to implement a proactive, modern IT infrastructure can be an arduous task. User needs change drastically, and the IT needs to adapt is increasing. Already with a depleted staff, companies need to find an alternative and embrace new technology.
From Internal IT to MSSP: Making Modern IT Simple
Change can be good, especially when it comes to technology. Take the following examples:, landline phones have been replaced with wireless phones, large clunky computers can now fit in the palm of your hand, print media is now digital, and the list goes on. Modernizing your IT does not need to be complicated.
The Operational and Security Benefits of MSSP
Many organizations are making the shift from internal IT to MSSP to help modernize, and they have valid reasons for doing so. By partnering with an MSSP, they can add a much-needed specialized security skillset to your teams, such as cloud security, identity, or compliance knowledge, without having to build your own expensive security operations team. In addition, partnering with an MSSP provides an organization with access to a broad range of services that can solve several challenges and provide immediate impact.
- MSSPs can help prevent and proactively prepare for security issues by managing and monitoring risks.
- Since MSSPs can monitor, identify, and resolve issues before they happen, downtime due to IT issues becomes almost non-existent.
- MSSPs give you access to an experienced and expert staff at a fraction of the cost immediately.
- MSSPs can ease your IT staff of mundane and repetitive tasks and eliminate other day-to-day operational duties that don’t actively help your business meet its goals.
- MSSPs can introduce new technology to make your business more efficient and reduce operational costs.
- Filling Skill Gaps: An MSSP enables companies to fill gaps within their security team.
- Access to Specialists: Companies need access to specialized skill sets (such as cloud security, cryptography, identity security, etc.), which MSSPs have access to.
- 24/7 Monitoring: Unfortunately, security breaches are not limited to regular business hours. MSSPs can provide constant monitoring and protection.
- Quick Response: MSSPs can rapidly respond to security incidents which are critical to minimizing the impact and cost to the organization.
- Increased Security: Many organizations lack the knowledge or experience required to defend themselves against threats.
- Lower Cost: MSSPs tend to cost less than having a security specialist in-house.
- Regulatory Compliance Support: Data privacy laws are complex, and the list of new regulations continues to grow. It can be challenging to put in the required controls and procedures to meet these regulations. An MSSP will have expertise since they have prior experience with other clients.
- Threat Intelligence: An MSSP understands the current security state. The knowledge they gained from working with other companies can only benefit you.
How to Choose the Right MSSP for Your Needs
After determining that an MSSP is an appropriate option, the next step is to identify which vendor has the capabilities of meeting your security needs. Unfortunately, the marketplace of potential providers is crowded, and it can be challenging. Things to consider when selecting an MSSP:
- Service Offerings: MSSPs offer various services, and the services will vary from provider to provider. The first step in selecting a service provider is ensuring they meet an organization’s security needs.
- Knowledgeable: Security needs vary from industry to industry, especially regulatory compliance requirements. When evaluating an MSSP, confirm they have previous experience working with companies and meeting regulatory obligations in your industry.
- Experienced: Some MSSPs have been operational for years, while others are just starting. Selecting an established MSSP can maximize the probability of protection long term.
- References: When evaluating MSSPs, request references from their clients. If the MSSP can’t provide at least one satisfied customer, then they are probably not a good choice for managing your security requirements.
- Rapid Deployment: Security is not an area where a gap in service coverage is acceptable. Review the SLAs from the MSSP.
- Scalability: Partnering with an MSSP can be a long-term commitment. The MSSP should be able to continue support as your business grows. Confirm the MSSP can scale and support any environments that the organization may use in the future.
When selecting MSSP to work with, spend the extra time to research their security discipline expertise. Some are more mature and forward-thinking with the services they provide. Security threats around cryptography are a trending risk as we move to a more digitized world. When it comes to the root of trust in cryptography, MSSPs specializing in protecting secret keys recognize these threats and are preparing their customers with a more comprehensive security solution. So choose wisely and choose the one that can prepare you for future risks.