Top 3 Benefits of Hiring a Managed Security Service Provider (MSSP)

May 9, 2023 | Security, Tech

Hackers are becoming smarter, and with the rise of artificial intelligence (AI), they have more tools at their disposal to carry out frequent and sophisticated cyberattacks. This means, businesses are under constant pressure to track and counter evolving threats, such as phishing, malware, and more. However, maintaining a strong defense is a challenge without a well-staffed, experienced cybersecurity team. With a Managed Security Service Provider (MSSP), businesses can outsource some or all cybersecurity functions to extend the capacity of their internal security teams and ensure maximum protection for their systems and data.

But first, what is a Managed Security Service Provider (MSSP)?

MSSPs are third-party security providers that can offer a host of cybersecurity solutions, such as vulnerability management, policy development and advisory, employee security awareness training, compliance readiness, and more, to help businesses proactively prepare for and stay ahead of cyberattacks.

Top 3 benefits of a Managed Security Service Provider (MSSP)

R

Minimize risk exposure

With cybercriminals now using increasingly sophisticated tools and techniques to target businesses, it’s important for you to conduct ongoing security assessments to find and close any gaps in your policies and system configurations.

An MSSP can perform regular vulnerability management and security awareness training to minimize your risk exposure.

Skilled MSSPs can proactively test your systems and networks to remediate security vulnerabilities before they are exploited by hackers to access your data. They can also offer consistent employee security awareness training to ensure everyone within your business knows how to spot and mitigate red flags of social engineering and other cyberattacks that rely on human error.

R

Lower costs, greater capacity

The cybersecurity talent shortage has made it harder and costlier for businesses, especially SMBs, to find and retain experienced security professionals. Short-staffed in-house security teams – burdened with an increasing workload – will run out of capacity to monitor and keep pace with frequent cyberattacks.

Working with an MSSP can extend the capacity of your security programs, giving you access to highly skilled and qualified cybersecurity experts at a more affordable cost.

Besides deep security expertise, MSSPs also bring with them an advanced cybersecurity tech stack. This ensures you have the experienced security team and robust tools you need to remain cyber ready, without having to recruit and train more in-house security staff or invest in maintaining a mature tech stack.

R

Expert cybersecurity advisory on policies and compliance

As your business grows, it’s very likely that you will need to achieve compliance with ISO 27001, SOC 2, GDPR, HIPAA, or other applicable security regulations and standards to secure or retain clients and partners.

MSSPs – having worked with businesses across industries on compliance readiness – have deep knowledge of industry-leading security frameworks and corresponding guidelines. They can review your existing security programs and controls, perform a gap analysis to identify areas of non-compliance, and assist with implementing new policies and procedures to help your business align with and achieve the necessary security certifications.

Further, a skilled MSSP can also be a valuable strategic asset for your business, providing tailored cybersecurity advisory to help you continuously evaluate and strengthen your security policies, procedures, and controls to stay ahead of cyber threats.

does your business need an MSSP?

As your MSSP, our Information Security team can expand and enhance your business’ security programs through extensive vulnerability management, security awareness training, and cybersecurity advisory services. Check out our managed security services below!

Managed Security Services

Related articles