5 reasons for outsourcing your cyber security operations to an MSSP

A Managed Security Service Provider (MSSP) is an external organisation that provides outsourced security operations to its clients. It can help to eliminate the cyber security challenges and threats an organisation may face, and typically offers a broad suite of security capabilities and services.

By outsourcing some of the day-to-day operations such as the monitoring and management of your security environment, your team can then be released to work on more strategic projects that benefit your business.

Here are 5 reasons to help you determine if working with an MSSP is right for you.

1. Stay ahead of rapidly evolving cybersecurity threats

Cyberattacks evolve at an extremely rapid rate, resulting in a constant barrage of new security threats. Without the right security expertise and tools, keeping up with a constantly changing cyber security landscape and addressing new, advanced risks can be a significant drain on in-house resource.

A proactive strategy is always superior to a reactive one. If you're concerned that you lack the skills or resources to counter cybersecurity threats, you should consider working with an MSSP.

An MSSP will provide you with access to the latest technology and top standard expertise. For example, you could outsource your company's threat detection and immediately benefit from advanced Security Information and Event Management (SIEM) platforms. These tools leverage advanced analytics & machine learning to swifty identify potential cyber threats, and produce detailed reports that allow you to prioritise your security decisions and optimise your strategy.

2. Deliver reliable security operations that maximise declining budgets

High quality security experts are extremely expensive employees. They're in high demand and very short supply, so command high-ranging salaries. Businesses typically need an entire team of these experts to offer the best protection and to manage an ever-growing security technology stack.

MSSPs provide access to a large team of experienced and qualified security professionals, at a fraction of the cost of having to set up your own in-house security team. Working with you closely and collaboratively, a good MSSP will essentially become a part of your team in its own right.

Or, if you already have your own security team in place, an MSSP can help augment your in-house skills and resources so that there is no need to train or employ additional staff to manage new technologies as they emerge.

Many cybersecurity solutions can be multi-tenant and extremely scalable. An MSSP can use the same solution to deliver services to support multiple clients, spreading the cost of a robust security infrastructure that delivers a lower cost of ownership.

3. Enhance business efficiency

When you work with a managed security service provider, it can maximise the value from your investment. In-house teams are usually smaller than their managed service counterparts and often do not have the breadth of experience that an MSSP generally has.

This can lead to an internal team that's left putting out fires when it should actually be focusing on other important tasks and strategic organisational initiatives. By outsourcing cybersecurity operations, you can relieve your overburdened IT team and leverage the vast resources that an MSSP possesses. This saves you time, enabling you to reallocate your resources to their optimal places, and deliver the services most appropriate for you. 

4. Automation

Automation helps to optimise resources, costs, and security. MSSPs leverage advanced technology that is integrated with AI and automation; capabilities that are critical in the face of advanced cyber threats.

These automated tools help you to quickly and routinely identify any gaps and weaknesses in your security strategy, and reinforce it accordingly. It also cuts out the risk of human error in the event of an incident, with automated tools making accurate decisions in the blink of an eye.

This reduced reliance on human resource for security operations can enable you to reduce your security related costs, in the face of turbulent economic conditions and budgets.

5. How do you stay on top of non-compliance?

Your organisation will likely be subject to a wide range of regulations. At the very least you must adhere to data protection laws such as GDPR, along with industry-specific compliance challenges that pose a minefield of different risks, challenges, and threats. MSSPs can support you in meeting your compliance needs and help you to tailor your cybersecurity strategy to the unique risks specific to your industry. They will offer support to your company's compliance management, which can entail automating data collection for compliance reporting, implementing the required security controls, and facilitating audits and reports to regulatory authorities.

Cyber security: A mission critical operation

Cyber security should facilitate, rather than hinder, change and innovation. Flexible, responsive, resilient, and manageable protection helps your business to focus on its strategic objectives, with peace of mind that your critical assets are safeguarded.

The introduction of advanced capabilities and expertise through a Managed Security Service Provider is an incredibly powerful way to maximise your existing resources and strengthen your security strategy within a much more cost effective framework. With cyber crime constantly on the rise and threat actors more persistent than ever, cyber security has never been a more critical operation for business.

If you have even the slightest concern that your security strategy could leave you exposed, then you should consider speaking to an MSSP. Your business infrastructure should never be left to chance.

Cyber Resilience Assessment

Celerity’s Cyber Resiliency Assessment is designed to identify gaps, strengths, & weaknesses against best practice requirements based on the NIST Cyber Security Framework, helping you to understand the risk and maturity level of your environment.

In turn, you’ll be able to create a plan to protect your business and streamline your data security processes, with a customised cyber resilience strategy that is fitted to your vision and mission.

Download the brochure here, or get in touch with us to learn about this free evaluation of your data protection strategy.