How can managed security services reduce your cyber risk?

1) Steering - if the org doesn't have the expertise or discipline to drive toward alignment with a framework like NIST 800-53, then identify a partner or contractor that can. 2) Own security accountability internally and report on impactful KPIs consistently - - like patch status of endpoints and servers. 3) Out-task to an MSP or MSSP functions which they can provide more effectively and efficiently and continue to engage with them. Out of sight / out of mind will lead to issues. 4) It is a journey, not a destination. Keep reviews and meetings, do not let them fall off.

Enabling your IT team to concentrate on other crucial tasks and initiatives relieves them the burden of procuring, educating, and retaining security professionals. Additionally, MSS aids in optimizing your security expenditure by offering adaptable, scalable solutions tailored to your objectives and requirements. You pay solely for what you utilize, gaining access to cutting-edge security tools and technology without the need of hefty investments in hardware, software, or licensing.

At Veridical IT Folks, one client faced constant cyber threats but didn’t have the time or tools to stop them. Our Managed Security Services stepped in, monitoring 24/7, blocking attacks, and keeping their data safe. Their cyber risk dropped fast! Key Takeaways: 1 24/7 Monitoring: We spot threats, even while you sleep. 2 Expert Support: Skilled pros handle security for you. 3 Fast Response: Attacks get stopped quickly. 4 Latest Tools: Stay protected with up-to-date tech. 5 Peace of Mind: Focus on your business, we’ve got security covered. Managed services = Less risk, more safety!

Managed Security Services (MSS) reduce cyber risk by offering specialized expertise that’s hard to maintain in-house. With MSS, businesses gain access to advanced threat detection tools, continuous monitoring, and a proactive approach to incident management. These services ensure that businesses are always up-to-date with the latest security technologies, without the cost of hiring and training a full-time internal team. MSS providers also help businesses stay compliant with regulations and industry standards, while providing the agility to focus on growth and innovation. The combination of specialized skills, continuous monitoring, and cost-effective scalability makes MSS an essential strategy for minimizing cyber risks.

In my experience working with a managed service provider, takes a lot of the mental anxiety away from internal teams if the incumbent has expertise in another area of the tech eco-system. We cant all be all things to all people. In cyber security, we are constantly racing against new developments of threats and ways to mitigate them, so having a dedicated service to your business creates better efficiencies and leads to better business performance.

One thing I find helpful is the objective nature of “someone else” doing the checks and balances, it can be a real eye opener in Cyber

Looking at a Modern SOC and the managed services delivered by them it's about more than just the tools. Yes MSSPs will have access to different technology but they will also be able to integrate across multiple domains. You can have your GRC programs managed, your third party risk, and all combined with your SIEMaaS or Managed SOC to incorporate additional areas like end user training, incident response, attack surface management, penetration testing. When all of this is integrated, in process not just technology, with highly skilled teams you will have an easier time assessing, reporting and managing your governance & compliance programs.

One of the larger benefits with an MSSP is their access to technology and intelligence. If you consider attack surface management as an example. There are multiple products out there, as a business you would pick one and use it, where a provider may have access to multiple ASM technologies as well as multiple threat intel feeds and is often doing their own research. They also have the ability to more easily do things like continuous pentesting and proactive threat hunting. This continual service model means you're being looked at constantly and not simply relying on some internal detection trigger to go off. Data collected from this service can also be feed into your detection engineering.

A major aspect people overlook is how hard it can be to attract and retain security talent. The most talented security experts want to be working on a diverse set of tools, across varying industries and continually elevating their skills. This is something hard to do when you work at an "in house" SOC. By leveraging MSS you are getting the top talent because that's where the top talent goes to work. The opportunities for growth, advancement, challenge are all increased when working for an MSSP. They will work on multiple clients, incidents, different technology and data. This means using an MSSP gives you access to those resources.

Smaller businesses often assume they are too small to be targeted by hackers, but cybercriminals frequently go after smaller companies, hoping they have limited security resources. Having a highly skilled and experienced cybersecurity professional as a regular full-time employee would be like bringing a luxury sports car to a neighbourhood bike race. It is overkill and won’t be effective for what you’re trying to achieve. However, having cybersecurity-focused Managed Services is an excellent use of a business owner’s resources. It keeps costs down while providing access to top-tier cybersecurity.