"In today’s connected world, the rates of cybercrime have increased tremendously. According to surveys, the impact of cybercrime across the globe is predicted to cost $6 trillion annually by 2021. As hackers become more sophisticated and insidious, protecting the information of the company has become a significant challenge to businesses of all sizes. Besides, the majority of companies lack security experts and budget resources to secure their crucial network infrastructure and data. To address these predicaments, firms and managed security service providers (MSSPs) serving in the rapidly evolving cybersecurity landscape are largely inclining towards smarter and more responsive managed security solutions.
The inception of the digital era is making it imperative for business organizations, government agencies, and social institutions to adopt the internet of things (IoT) and cloud technology to maintain a competitive edge in the market. However, the dominance of connected devices and the migration to the cloud has laid bare the digital assets of business organizations to cybercriminals. The rise in cyberattacks, including phishing, ransomware, and malware is necessitating the development and incorporation of robust security infrastructure which can withstand the innovative cyberthreats.
In this age of cyberwars, the security culture of the organizations plays a crucial role in its success, determining the level of trust and value invested by the customers. When cybercriminals are leveraging automated technologies to spearhead their attacks, the in-house security teams often fall short in dealing with the sophisticated threats, making it imperative for organizations to collaborate with managed security service providers (MSSP). By partnering with treat detection specialists and allowing them to handle the security processes, organizations can focus on their core business operations, while also saving the additional cost and space of training security personnel.
With the help of managed security solutions, companies are now able to thwart cybersecurity threats and protect their enterprise information, while meeting security compliance requirements. To augment the security solutions, managed security service providers are offering a cloud-based platform with high-level security features such as vulnerability scanning, threat intelligence, penetration testing, and incidence response. Many MSSPs offer robust solution designed to enhance cybersecurity by bolstering the key areas of hybrid environments such as endpoints, networks, and cloud infrastructure.
When it comes to network security, companies are largely using network behavioral monitoring tools to detect unknown threats hidden in the client’s network and the system. Predictive analysis is another trend that is shining brightly in the market since it predicts unknown future events. SIEM, identity access management, email security, and encryption are proving to be crucial aspects of cloud security.
With a vast number of managed security service providers entering the market, CIOs and leaders face the daunting task of narrowing down on a trusted managed security services partner. To ease this burden, a panel of distinguished CEOs, CIOs, CMOs and the editorial panel of Enterprise Security Magazine, have studied various emerging solution providers to shortlist some of the most promising MSSP companies that offer cost-efficient and secure managed services solutions.
We present to you Enterprise Security Magazine’s Top 10 Managed Security Service Providers - 2018."