What Is a Managed Security Service?

A managed security service is the act of contracting a third party to oversee and manage a company’s cybersecurity systems. It may include assessing and updating security policies, coordinating firewalls and intrusion detection systems monitoring patch management, and conducting regular security checks. It could also involve responding to incidents and threats. It is not to be confused with a security operations center (SOC) which is an in-house team that monitors and responds to cyber attacks in real time.

An MSSP is a cheaper alternative to hiring a full-time cybersecurity specialist for your company. This is particularly relevant for smaller businesses, such as dental or medical practices or lawyers. MSSPs can also assist government agencies consolidate security services, meet compliance needs and minimize risk.

The best managed service providers can shield your business from sophisticated cyber attacks. They do this by monitoring network activity, identifying irregularities and suspicious behavior and deploying multilayered threat intelligence. They can also assist your business in establishing or enhancing the vulnerability management program and provide 24/7 support to review cyber alerts.

When deciding on an MSSP take a look at the pricing offered by the vendor and the variety of services they provide. Ask them about their customer reviews, accreditations, and the number of employees they employ in-house. Also, consider if an MSSP can gather and analyze data to identify advanced threats without preexisting knowledge of their behavior by making a baseline of user behavior and matching new actions against it.

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