It is estimated that Cybercrime will lead to the formation of almost 3.5 million new security jobs in the next three years.
Almost 86 billion dollars were spent on cybersecurity by businesses in 2017.
That amount is set to multiply to $3 trillion by 2020.
That might not sound alarming considering that there’s hardly a day when one doesn’t hear about a new malware or ransomware or some cyber attack that was previously unheard of.
When mega corporations like Yahoo and Adobe are unable to prevent data breaches, we know that the situation demands urgent attention, especially for small organizations that lack the infrastructure and funding to hire full-time security experts.
What is your organization doing to protect business-sensitive data?
Chances are that you are struggling. But you are not alone.
So are many other small to medium-sized businesses, who just cannot afford a full-time in-house security team.
That’s precisely why more and more organizations are moving towards Managed security services.
Managed security services (MSS) give you the much needed multi-tiered, 24/7 security that your business desires, at the fraction of the cost of what it would normally cost.
Curious? Let us explain.
1. Lower overheads
Having an in-house security team means training and hiring skilled workforce.
You will have to create the infrastructure, procure the software and scale it up as and when the demand increases. Ransomware attacks, in particular, are incredibly difficult to monitor and prevent for a small security workforce.
An MSS will translate into lower overhead costs and prevent the expenses that come with unplanned downtime.
2. Allows your organization to realign its focus
With a professional and specialized managed security services provider overseeing cybersecurity, your organization can realign their focus on their core competencies instead.
Your IT department will have more room to breathe and this leads to improved performance.
Why burden your employees with herculean tasks that affect productivity?
3. Better resources to the table
A Managed Security service specializes in one sole job. That is to boost network security. To this end, they have access to a better set of resources that an organization may find extremely difficult to procure.
For example, an MSS will set up a multi-tiered security setup that includes firewall, anti-virus protection, ransomware detection, threat management, real-time alerts, security assessment, audits and compliance.
4. Staying one step ahead of cyber attackers
Most of the time, cybercrime occurs not because the cyber attacker is more skilled or smarter than the security team. It’s because they plan and implement an attack in the blink of an eye.
For an organization to improve their in-house security set up to meet a new type of cyber attack means detailed evaluation, implementation, testing and even procurement at times.
All this might take days if not weeks. You just cannot afford to lose that much time anymore.
That’s where Managed Security Services (MSS) differ.
These services offer continual, proactive monitoring that can detect threats and take protective action before it poses a major risk to the organization.
Are you still on the fence about hiring an expert managed security service team? Speak to us with your apprehensions or queries.