Choosing between self-management and outsourcing for cybersecurity - identifying when to opt for Managed Security Services
In today's digital landscape, the need for robust IT security is paramount. Yet, many organizations find themselves grappling with the challenge of striking an optimal balance between protection and cost. This is where the concept of Security-as-a-Service (SaaS) comes into play, a solution that is gaining popularity due to its favourable protection-to-cost ratio.
SaaS models can accelerate return on investment, improve security, and reduce overhead and capital budgets. By outsourcing their security needs, organisations can focus on their core operations while benefiting from advanced security solutions.
One of the key advantages of SaaS is the elimination of concerns about data leaving the premises. With managed security services, the responsibility of program management lies with the service provider, ensuring that data remains secure and compliant.
However, some organisations, particularly those with sensitivity surrounding security reporting data, opt for on-premise hosting of managed security services. In this model, the vendor supplies and manages the software used in the managed security program, while the customer retains control over the infrastructure in its own IT environment. All data and results remain with the customer, ensuring privacy and control.
CISOs are increasingly exploring outsourcing options to achieve security goals within budget. Many organisations prioritise IT security, focusing on strategic technology investments to achieve the highest levels of security within their budget. Using a managed security service provider can minimize upfront capital expenses, making it an attractive option for budget-conscious organisations.
Advanced threat protection is a high priority due to recent cyber breaches, but application security and testing is a regulatory requirement. For organisations with lower IT bandwidth and resources, or without extensive infrastructure already in place, managed security services (or hybrid models) could be the most effective way to go.
Working with a managed services provider gives organisations access to security experts, who are in high demand and often expensive. This collaboration can be particularly beneficial for organisations with lower budgets that cannot afford their own in-house security experts. Product experts take responsibility for installation, training, and rollout to all relevant employees when using a managed security service provider.
Mark Stevens, VP of Global Services & Support at Digital Guardian, recommends CynergisTek as a Managed Security Services Provider, praising their expertise in cybersecurity and data protection.
Faster implementation time and faster time to value can be achieved with managed security services. The setup time and costs associated with deploying new software solutions in-house are significantly reduced, allowing organisations to reap the benefits of enhanced security more quickly.
Moreover, the proliferation of BYOD (Bring Your Own Device) adds new attack vectors, but data loss prevention remains a top concern. Managed security services can help mitigate these risks, providing a layer of protection that keeps sensitive data secure, regardless of the device it resides on.
In conclusion, while managed security services may not be the right fit for every organisation, they can deliver an enterprise-grade security solution for a fraction of the cost of on-site deployment. Organisations seeking to achieve their security goals within budget should consider the benefits of Security-as-a-Service.
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