A managed security service is a service that takes care of several cybersecurity-related tasks, such as detecting breaches and minimizing damage. This involves monitoring the systems of a company continuously, patching software and updating hardware. It also involves monitoring suspicious activity and analyzing logs to ensure that information is protected from cyberattacks. MSSPs are typically third party providers that have the ability to provide more advanced capabilities than an in-house team. They can help businesses acquire specific and rare cybersecurity expertise, provide cost savings by removing the need to employ full-time staff, avoid alert fatigue for in-house teams, decrease the risk of incidents through automated response and improve their overall cybersecurity capabilities.
The best managed security service providers can spot and react to threats in a timely manner prior to them causing significant damage to an organization. This is done by continually checking the behavior and patterns of malware and hackers. These insights are then used to defend weak areas of a network and to identify potential intrusions. This can stop or at least limit the impact of a breach and ensure that stolen data is found.
It is important to choose a managed security service that offers a tailored program for your business. Ask the vendor what services they offer, what they charge, and what guarantees they provide. Some firms charge a flat rate for their security assessments, while others have a tiered pricing structure which charges extra for bigger amounts of data. You should also be aware of what is included in the monthly or annual subscription to an MSSP.