The wide range of devices we use at work and the increasing sophistication of internet-based threats has made it too difficult and expensive for companies to handle security on their own.
It seems like every day brings another headline about cybersecurity. From whether an attack can happen to devices like thermostats, to data breaches exposing the private information of millions -- it’s overwhelming.
In its 2018 Data Breach Investigations Report, Verizon found over 53,000 incidents and 2,216 confirmed data breaches last year. For businesses, an enterprise cybersecurity incident can lead to a devastating hit on multiple levels, including lost money, lost time, and lost reputation. The Ponemon Institute 2017 Cost of Data Breach Study found the average enterprise cybersecurity breach costs companies about $3.62 million and $141 per lost or stolen record. And that’s just data breaches. Businesses also face potentially crippling virus and malware attacks that can take days or weeks to recover from.
So what can you do about it? One way to help yourself sleep at night is to put your trust in experts by outsourcing to a Managed Security Services Provider (MSSP) that offers Managed Workplace Services to bolster IT security. Here are the top five ways they do it:
1- Latest technology - Experts know that there is no single technology that can address all cybersecurity threats. Top MSSPs use an integrated combination of advanced detection technology to provide complete protection. Breakthroughs in artificial intelligence will mean even more effective enterprise cybersecurity measures are on the way. Forward deployed AI's can inhibit and minimize attack surfaces across multiple platforms for consistent security.
2- Stay up to date - It sounds simple, but it often isn’t. Many security problems and vulnerabilities can be prevented by just keeping equipment current with the latest software updates and security patches. But with so much equipment to manage these days, just one piece of hardware among hundreds that’s not been updated can be the back door that lets a hacker or a piece of malicious code in. Leading MSSPs leverage automation to close vulnerabilities and patch systems. The latest technology mitigates the effect of malware that takes advantage of weaknesses that are resident in older firmware.The various operating systems deployed in today's business require the use of different tool sets, but MSSPs ensure that the same operational governance is applied across these disparate systems to ensure they stay up to date. Making an MSP responsible for software updates and patching takes the load of tracking device compliance off your IT team.
3- Streamline your operational costs - It’s not necessarily intuitive, but the ability to drive cost efficiencies by partnering with an MSP means you’ll be able to afford and focus more on robust protection that will keep your valuable processes and information more safe from harm.
4- It’s 24/7 - Round-the-clock proactive monitoring from a Managed Security Service Provider significantly speeds up threat detection and response times. Dealing with threats in real-time means attacks can be contained and remediated before they cause major damage and disruption. The MSSP offers advanced analytics and reporting so you can see what’s been happening and strategize with their team of experts on ways to make improvements.
5- Expertise - In the 1990s when businesses typically kept a network of desktops and servers behind a firewall, security was less complex and internal IT teams could handle it. Nowadays, employees expect to be able to use a wide range of mobile devices - including their own - to work wherever and whenever they want. Plus, cyber attacks have gotten so much more sophisticated. To stay secure, businesses need a wide range of enterprise cybersecurity equipment and hard-to-find professionals who know how to use it. By outsourcing to a MSP, you get a team of experts on your side that’s up to date on the latest threats and defense techniques so you don’t have to be. That frees up your internal IT team to focus on more strategic productivity goals.
Despite the headlines and the constant cybersecurity challenges, businesses can go a long way towards driving better security by partnering with an MSP.