A well-kept business secret is a competitive advantage just waiting to be shared. Here’s one you might have missed; managed security service providers (MSSPs) can help you achieve cybersecuritycompliance with less risk, cost and IT impact. Here are the five secrets behind the growing appeal of MSSPs:
1. It Levels the Talent Wars
Organizations are struggling to meet demands for technology talent, especially skilled cybersecurity professionals. In the U.S. alone, the demand for such professionals is up 187 percent. These hard-to-find professionals require broad technical skills, niche expertise and business understanding. Cisco estimates there are one million unfilled cybersecurity jobs worldwide, while industry giant Symantec predicts 1.5 million by 2019. By trusting your IT security to a security-focused MSSP, you can fill the talent gap on demand with a qualified partner that provides security services on demand.
2. It Leverages Best-in-Class TechnologyPartnering with an MSSP can bring you up to speed fast by implementing advanced layers of connected security tools and technology, a term known as a unified threat management (UTM). Beyond a simple firewall, this software can provide a complete fabric of protection. This includes tools like Fortinet’s FortiGate for example, a multi-dimensional software solution that provides a broad, integrated security portfolio.
3. It Saves Money
Outsourcing saves money and outsourcing your IT security to an MSSP is no different. And the benefit goes beyond the need to save dollars. This article in CIO explains the shift:
“Now, cost benefits are considered table stakes and customers are looking for additional benefits like generating revenue and helping the company become more efficient. Even security has evolved from being considered a roadblock to using MSPs to a reason for doing so.”
By looking outside to an MSSP, companies can now look to security as a benefit, not a cost drain. When companies outsource their security hardware and professional expertise, they move in the balance sheet to an operating expense, which provides a cost-effective, amortized security solution.
4. It Eases Compliance
Financial and healthcare companies have strict compliance mandates for secure data handling, but any company that collects, processes or stores customer and business data needs to take compliance seriously. An MSSP specialized in understanding regulatory requirements across multiple industries can ease the task, leveraging knowledge and best practices to keep you compliant with your industry.
5. It Satisfies Stakeholders
Nothing is more damaging to your bottom line than a breach of consumer or stakeholder confidence in your cybersecurity abilities. Neither your customer nor your partners want their data breached by your lack of cybersecurity due diligence. By keeping your customers’ data safe, you can promote your investment directly to consumers to gain long term trust. Do well for your customers and they will, in turn, do well by you.
The biggest mistake you can make when looking to hire an MSSP? Hiring on price alone. The MSSP you choose will work as a valued partner, extending their expertise as part of your security team. As a Fortinet partner, Istonish can weave together best-of-breed cyber security technology with optimized protections and responsiveness. Contact us to learn more.