Today, nearly 80 percent of senior IT and IT security leaders believe their organizations lack sufficient protection against cyberattacks despite increased IT security investments made in 2021 to deal with distributed IT and workfrom-home challenges.
It’s no surprise to anyone that security threats are becoming more prevalent requiring businesses to focus on their cyber defense while at the same time keeping up with the transformation required to stay relevant in their industry. In an industry that is understaffed, the benefits of using a managed security services provider (MSSP) are extensive. However, all too often, MSSPs behave more like an alert factory, forwarding streams of alerts generated by security tools directly to the client, without doing adequate triage and assessment of the underlying security issue at hand. Client alert overload remains the problem, because MSSPs aren’t adequately addressing the incident response process. What’s really needed is for the MSSP take on more of the responsibility, addressing alert triage and incident resolution in order to free clients from this time consuming process. This way, clients can get back to tending to their core business.
The reality is that many mid-sized enterprises are struggling to get their security program maturity to the point where it can be effective at proactively managing cyber risks–instead of being in a continual reactive mode, only responding to the most obvious security issues of the day or week. Many of these enterprises are turning to MSSPs as a partner to provide expertise, process, and an outside perspective to help advance the maturity of their security programs. This requires MSSPs to make the right investments in helping the client on an ongoing basis. After all, new value-add opportunities open up as initial security concerns are addressed–the security mission is never complete.
Partnering up with an MSSP should provide a significant reduction in the time it takes to identify and mitigate serious threats. That would mean that inhouse security teams can start focusing on revenue generation activities that are more aligned with the business. The best part is that the return on investment is immediate and helps in terms of economies of scale, as MSSPs can invest in threat intelligence capabilities and tooling that would otherwise be out of reach of most businesses, except for the largest enterprises.
We present to you, “Top 10 Managed Security Services Companies - 2021.”