Security as a Service

Security as a Service

Managed security services secure an end user’s network, infrastructure and endpoints. Services can include any services needed to support the business’ internal resources or provide the end user with an option to outsource IT security. Using automated solutions, a managed security services provider (MSSP) can provide 24/7 monitoring as well as leverage global security threat databases to provide defenses against new and emerging threats.

Why It Matters to Your Customers

No business, of any size, is immune to cyberattack. In fact, the 2018 Verizon Data Breach Report found 58% of data breach victims are small businesses. Cyberattacks can create major expenses and losses, including the costs or IT repairs and restoration (and, in some cases, ransom), disruption to productivity and lost contracts or sales. Cyberattack can also result in data theft or loss, especially harmful to the business if it involves sensitive customer data or account information. Moreover, businesses shouldn’t overlook the damage a cyberattack can cause to their business’ reputation and their customers’ trust, which can result in lost customers and decreased revenue. Depending on the end user’s industry, there may also be legal implications and fines if a data breach results from a cyberattack. Some businesses never recover.

As vital as IT security is to a business, many simply don’t have the in-house resources to effectively manage it. In-house IT staffs’ are often already stretched thin, and there is little time to stay on top of the latest security threats. Moreover, even large enterprises struggle to find experienced professionals to hire, with a shortage of skilled IT security professionals.

Why Security as a Service is an Opportunity

Businesses and enterprises are turning to MSSPs to outsource their IT security. There may be little objection to cost of managed security if the process has become so burdensome that the in-house staff can’t keep up. Industries including healthcare, finance, and retail may have little choice but to seek help to maintain security in accordance with laws and industry regulations.

If your customers are primarily small and medium-sized businesses, they may not have adequate security in place, even if they’ve been hacked in the past. Work with these clients to provide managed security services including network monitoring, patch management, managed firewall, managed antivirus, and endpoint security for a monthly fee that fits their budgets.

Security as a Service Trends & Case Studies

Cybersecurity Framework

Should You Adopt Cybersecurity Framework 2.0 for Your MSP Practice?

Barracuda CIO Siroui Mushegian explains how the CSF update aims to help all organizations, not just those in critical infrastructure, to manage and reduce risks.
Extended Detection and Response

Tales from the Security Operations Center

Three real-world cybersecurity breaches reveal the need for comprehensive XDR coverage.
backup and disaster recovery

Protecting Your Customers’ Data in the Age of Ransomware

With attacks increasing, backup and recovery are the baseline security measures everyone should revisit.
NIST Cybersecurity Framework 2.0

Cybersecurity Framework 2.0: Spotlight on Governance

The National Institute of Standards (NIST) provides a welcome update to its Cybersecurity Framework.
Ransomware Attack

Ransomware 2024: The New Battleground is Your Data, Not Just Your Files

From Ransomware as a Service to brazen attacks on critical sectors, criminals forge ahead with innovation and aggression.

Recurring Revenue Best Practices

POS SaaS Growth

How a Growth Mindset Fuels MSP Success

Adopting a growth mindset requires organizational shifts and a change in individual thinking.
IT Asset Management and FinOps

Hybrid ITAM and FinOps: A United Approach to Cost Optimization

FinOps and asset management are both necessary for comprehensive cost optimization.
Distribution Partnerships

Are You Taking Full Advantage of Your Distributor Partnerships?

Distributors offer expertise, training, support, and a network that can benefit your business – if you take the initiative to learn what’s available.
Internet of Things

Beyond Shiny and New: Why Legacy Devices Are Key to a Successful IoT Strategy

The future of networking hinges on the ability to seamlessly interact with cutting-edge and legacy solutions without compromising security or performance.
Smartsourcing

Solve Staffing Shortages with Smartsourcing: A Win-Win for MSPs and Clients

MSPs can leverage smartsourcing to offer high-skilled talent to clients and expand their portfolio while reducing client costs and workload with minimal investment.
customer surveys

Tips for Selling Customer Survey Software

It’s time to take a different perspective and consider customer feedback less of a value-add and more of a necessity.
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