To simple put across, a managed security service provider (MSSP) is an information technology (IT) service provider that sells security services to companies. The role of an MSSP is to help defend businesses from safety threats, whether that involves providing software and services that keep business data safe or building a network of safety experts who can respond to attacks as they happen. MSSPs offer cybersecurity monitoring and administration, including intrusion detection, virus and spam blocking, firewalls and virtual private network (VPN) management. MSSPs also control matters such as system changes, adjustments and upgrades.
What are MSSPs Used For?
Organizations may prefer to outsource all or a few aspects of their IT safety functions to MSSPs. These companies offer several services, such as vulnerability risk assessment, threat intelligence and assessments, continuous security monitoring, intrusion management, video surveillance and access control. MSSPs also offer security advice and some level of constant security, and they can promote policies to help preserve a company's infrastructure.
MSSPs are a practical and cost-effective way to preserve your data and network from interruptions while decreasing the complexity of the process. For instance, hiring an in-house cybersecurity team can be more valuable than operating with an MSSP. MSSPs can also assist businesses in saving money on equipment and software tools.
Large companies typically benefit from MSSP services due to improved security threats. Still, several small and medium-sized businesses (SMBs) can also use MSSPs as security threats grow. The need for MSSPs is on the rise, and the global managed security services market is projected to reach $46.4 billion by 2025.
There are six main sections of managed security services, including:
Outsourcing security to an MSSP is one idea for an organization to increase its security posture.
What is the difference between an MSP and an MSSP?
A managed service provider (MSP) is a company that provides technology services to its customers using its employees or outsourcing the work to independent contractors. MSPs conduct various services to their clients that involve hardware and software maintenance, implementation and deployment.
A managed security service provider is a security-focused MSP that offers security-related services, such as security configuration, network monitoring, and identity management.
How MSSPs have Evolved?
MSSPs have developed in different ways. Regarding the apparently ever-increasing demand for internet security, some traditional service providers have joined managed security to their portfolios. Other conventional channel partners, such as value-added resellers, will resell vendors' cloud-based security services.
Still, other MSSPs have come into life as brand new companies focused only on cybersecurity offerings. Some business observers have stated that every channel business is a "security provider" to some degree, as almost every aspect of a customer organization's operations features some cybersecurity component.
The five aspects you need to consider when evaluating an MSSP are:
