In an ever-growing cybersecurity market, the demand for Managed Security is always increasing. Similarly, the roles and responsibilities of a Managed Service Provider are also evolving beyond their traditional scope. Although this has been in the works for some time now, Managed Security will become the frontrunner service for MSP’s. Meaning a transitional shift from MSP to MSSP is imminent. This article will delve into why Managed Security and Security as a Service (SaaS) is the future of MSP’s and tech more broadly.
Cybercrime is always evolving and sophisticating making traditional tools and practices obsolete. The nature and severity of modern cybercrime requires dedicated security experts and services. It is the prevalence and severity of cybercrime that is an integral reason why Managed Security will be the future of MSP’s. Here are some quick cyber security trends to be aware of:
A security focused MSSP will be the future of handling business cybercrime attacks. This is particularly important as unlike corporations, small-medium businesses may not be able to fund an entire in-house security team. However, small-medium businesses make up a substantial chunk of cybercrime victims. MSSP’s can fill this market gap by providing Managed Security solutions and top of the line tools and software without needing to commit to the expenses of an in-house team.
Managed Security and a security conscious MSSP will make IT security its number one priority. Therefore, as a business you can expect comprehensive services and protocols to best protect your organisation. Milnsbridge’s Managed Security approach is all-encompassing to give you satisfaction and peace of mind, even in the case of a security breach or emergency.
Trend forecasters within the MSP world have predicted that things such as EDR (endpoint detection and response) and threat hunting will be another major aspect of SaaS and Managed Security in the future. The reality is that this is already the case. Threat hunting has been on the MSP horizon since 2019. Similarly, next-gen antivirus is overwhelmingly accepted and administered over traditional antivirus due to its ability to detect and respond better.
As a business, security is an undeniable overhead expense. In a cost-benefit scenario, the cost of losing your data is significant. The costs mostly cover downtime, detecting the source of the breach and subsequent clean up. Similarly, the benefits of having on-call security experts that monitor your business 24×7 is also significant. Here are a few reasons why your business needs SaaS:
Cyber security risks are constant and ever-changing. Managed Security and Security as a Service will inevitably be the future priority of Managed Services and businesses alike. For a confidential discussion please call Milnsbridge on 1300 300 293 to speak to one of our friendly engineers.
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