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Why You Should Consolidate Your Cyber Security Providers

By October 20, 2022November 17th, 2022No Comments
cyber security suppliers consolidation

The number of solutions and technologies required to protect an organisation can feel overwhelming. Add in multiple managed cyber security service providers and suddenly the management of your cyber security arrangements becomes even more time consuming, taking your focus away from core business activities and other priorities.

This is why over the past 2 years there has been a significant increase in the number of organisations wishing to consolidate vendors.

Consolidation is driven by a need to improve your security posture

A recent survey by leading tech research firm Gartner has reported that 75% of respondents plan to consolidate the number of cyber security service providers they use, this has increased from just under 30% in 2020.

The main reasons for consolidation are:

  • An increase in dissatisfaction with operational inefficiencies
  • A lack of integration between the different components of a security stack
  • Expectation to improve their overall risk posture

Interestingly only a minority cited cost cutting and reduced spending on licensing as being a key driver, with Gartner reporting that those looking at cutting costs must reduce products, licences and features, or ultimately renegotiate contracts.

Consolidation reduces complexity and security gaps

At a time when networks are becoming more expansive and complex, and cyber attacks more frequent and sophisticated, organisations are looking to reduce both the complexity and number of security gaps.

Along with vendor consolidation, organisations may wish to streamline the number of cyber security service providers they contract out to. Gone are the days of purchasing from one vendor, having another service provider install, and another to manage.

It makes more commercial and cyber sense to work with a full spectrum MSSP (Managed Security Services Provider) who can provide the complete package of products, solutions and services to keep your organisation secure.

Less providers reduces your risk of a breach

A full spectrum MSSP will have the skills and resources available to provide the end to end management of your cyber strategy across your entire network, including licences, installations, updates and the provision of 24/7 threat detection and incident response.

Splitting this out to multiple providers, in particular when hoping to gain short term cost savings, is unlikely to improve your cyber security posture. In fact appointing multiple providers may put your organisation at risk of security breaches, which in turn can cost £millions in reputational damage, lost business and regulatory fines.

Infosec Partners are a full spectrum MSSP. We have been established for 20 years and in that time have built strong relationships with leading vendors, enabling us to secure you the best prices possible for security products. We invest heavily in the training and certification of team members for the installation and management of those products, we are recognised as the most certified Fortinet partner globally, and for also providing the highest levels of customer support.

To gain the best security protection for your organisation’s security budget, get in touch for a chat today.

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