Managed Security Services (MSS) have gained popularity as a proactive approach to managing cyber security, but there are still several myths and misconceptions that surround them. In this blog post, we debunk the most common Managed Security Services myths and misconceptions, and take a look at the benefits they offer businesses of all sizes.
Myth 1: Managed Security Services are only for large enterprises
Many businesses mistakenly believe that Managed Security Services are only suitable for large enterprises with extensive security needs and budgets. However, MSSPs (Managed Security Service Providers) offer flexible and customised service packages that can be tailored to the needs and budget of organisations of all sizes. Understanding that cyber security is crucial for businesses of any scale, MSSPs provide tailored solutions that align with the unique requirements of each organisation, making managed services and solutions accessible and beneficial for small and medium-sized businesses as well.
Myth 2: Managed Security Services are too expensive
Another common misconception is that they are expensive. However, outsourcing cyber security to an MSSP can actually be cost-effective in the long run. Building an in-house security team requires significant upfront investments in security infrastructure, tools, and personnel, which in itself is not easy in an industry with a chronic skills shortage. On the other hand, MSSPs can spread out these costs among multiple clients, making it more affordable for end users. MSSPs also offer different pricing models, including subscription-based options, which can be more budget-friendly when compared to building an in-house security team.
Myth 3: MSS do not provide value for money
Some businesses may doubt the value of Managed Security Services, assuming they may not provide sufficient value for the investment. However, MSSPs offer specialised expertise, advanced technology, and 24/7 monitoring and response capabilities that can significantly enhance an organisation’s cyber security posture. Utilising cutting-edge tools and techniques they detect and respond to threats in real-time, reducing the risk of data breaches and minimising operational downtime. MSSPs also offer proactive threat intelligence and strategic guidance to help businesses stay ahead of emerging threats. Investing in managed security services can save businesses from costly data breaches, financial losses, and reputational damage, making it a worthwhile investment.
Myth 4: They remove control over cyber security
Some organisations may be concerned that outsourcing cyber security to an MSSP means losing control over security operations. However, reputable MSSPs work closely with their clients to understand their security needs and provide customised solutions. They maintain open communication channels for collaboration and decision-making, ensuring that clients retain control over their security policies and overall strategic direction. In addition, MSSPs offer transparent reporting and metrics, providing clients visibility into their security posture and allowing them to make informed decisions. As trusted partners, MSSPs work in tandem with clients to enhance their security resilience.
Myth 5: Managed Security Services are not needed as we have in-house IT staff
Some businesses may believe that having an in-house IT team is sufficient for their cyber security needs and Managed Security Services are not necessary. However, cyber threats are constantly evolving, and managing them requires specialised skills, expertise, and resources that may go beyond the capabilities of an in-house IT team alone. MSSPs bring industry-leading expertise, cutting-edge technology, and 24/7 monitoring capabilities to proactively detect and respond to threats. Offering advanced threat intelligence, threat hunting, and incident response services, they complement and augment the efforts of in-house IT staff. By working in tandem with an MSSP, organisations can enhance their overall security posture and effectively mitigate cyber risks.
Find Out How Managed Security Services Can Form Part of Your Cyber Strategy
Managed Security Services are not only for large enterprises, but they can also be cost-effective, provide value for money, maintain control over cyber security operations, and complement in-house IT staff. Why not request a free consultation with our cyber security experts to discuss how Managed Security Services can benefit your business and enhance your organisation’s cyber security posture? Simply get in touch with our team of cyber experts today.