Why to Consider a Managed Security Service Provider (MSSP)

Throughout many conversations with companies regarding their endpoint management, many, if not all, have expressed interest in outsourcing. There are a variety of reasons for this consideration; however, there are four that seem to be the top concerns.

The concept of paying for a service monthly instead of having to purchase hardware, software, and implementation services and how it relates to both the profit and loss statement (P&L) and balance sheet generally takes the first position.

Look at any industry publication regarding IT security talent and the common theme is the shortage of talent, not to mention the high cost of having that talent on your payroll.

When looking at the costs of implementing a security solution, the hardware, software, implementation, support, and manpower can drive the cost up very quickly.

Lastly, you must consider the monitoring of your environment. Most organizations do not have 24x7x365 monitoring in-house. The ability to react to a security alert at any hour, on any day (yes, holidays and weekends, too) is required these days.

Moving From CapEx to OpEx Models

The idea of moving from a capital expenditure (CapEx) model to an operating expenses (OpEx) model is not new. “X”-as-a-Service has been around for years. No longer is there a need for datacenters on-site, massive computing power sitting idle that costs hundreds of thousands of dollars in installation costs alone. Now, it’s just a simple keystroke to power up and have access to the computing power needed, and you’ll pay for what’s used, when it’s used.

The same pay-as-you-go model is also used with IT security. Most managed security service providers (MSSPs) bill monthly, all while maintaining the security of your environment, thus reserving your capital for investments to work on your business, rather than on security.

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*** This is a Security Bloggers Network syndicated blog from Cylance Blog authored by Adam Tomeo. Read the original post at: https://threatvector.cylance.com/en_us/home/why-to-consider-a-managed-security-service-provider-mssp.html