System and security device administration and outsourced monitoring are provided by managed security service providers (MSSP). An MSSP can also manage system modifications, updates, and upgrades. And that’s what CYB3R-X does!
The Background of MSSPs
Beginning in the late 1990s with Internet Service Providers, MSSPs have a long history (ISPs). At that time, some ISPs started providing firewall equipment to their customers, and if the customer so desired, the ISP would also manage the firewall. The MSSP’s foundation is this managed firewall solution that is included into ISP service packages.
Over time, the concept of the specialized MSSP developed, and today businesses specifically offer outsourced security services. As the cyber threat landscape and enterprises’ security demands evolved, an MSSP’s offerings expanded to become full-service security providers.
What are the Applications of a Managed Security Service Provider?
A complete outsourced security solution for an enterprise should be offered by an MSSP. The enterprise networks and endpoints of an organization are the focus of the MSSP’s security monitoring and incident response services. Support for other platforms, like cloud-based infrastructure, has, however, increasingly been a part of MSSPs’ security portfolio as company networks expand and change.
MSP vs MSSP
Both managed security service providers (MSSPs) and managed service providers (MSPs) are external businesses that offer services to businesses. The aim of these two categories of service providers, however, is very different. An MSP offers managed telephony (telco) or Software as a Service (SaaS) platforms in addition to conventional network and IT support. An MSSP, on the other hand, is entirely committed to offering security services.
The “operations center” of MSPs and MSSPs is one of their key distinctions. An MSP is likely to run a network operations center (NOC), from which they can administer and watch over the networks of their clients. A security operations center (SOC), which offers 24/7 security monitoring and incident response, should be run by an MSSP.
Advantages of an MSSP
The internal security team of an organization is expected to be supplemented or replaced by an MSSP. The lack of cybersecurity talent makes it challenging and expensive to fill open jobs on an organization’s internal security team. An organization can supplement or completely replace its own security team by partnering with an MSSP. An organization can benefit from working with an MSSP in a number of ways:
- Access to Specialized Knowledge: The cybersecurity skills gap has effects beyond its limited number. In the event that an incident has happened, organizations might need access to specialized cybersecurity knowledge (such as malware analysts or forensics professionals). An MSSP has the size necessary to keep this knowledge in-house and offers it to clients as needed.
- Protection Around-the-Clock: Cyberattacks can happen at any moment, not just during a company’s regular work hours. A 24/7 SOC that continuously detects and responds to potential cyberattacks should be offered by an MSSP.
- Increasing Security Maturity: Many firms, especially small and medium-sized ones, do not yet possess the necessary level of cybersecurity maturity. SMBs may quickly implement an advanced cybersecurity solution with the help of an MSSP.
- Cybersecurity solution configuration and management: Professional configuration and management of cybersecurity systems is essential to their effectiveness. An company can benefit from experienced security management by working with an MSSP without having to pay for the necessary talent to be on staff.
- Lower Total Cost of Ownership: Multi-tenancy and high scalability are supported by many cybersecurity solutions. By spreading the cost of a strong cybersecurity infrastructure across their customer base, this enables an MSSP to employ the same solution to support numerous clients.
- Support for Compliance: As new data protection legislation (such the GDPR and the CCPA) join current laws, the regulatory environment is becoming more complex (like HIPAA and PCI DSS). An MSSP can assist with data collection and report generation to demonstrate compliance during audits or in the event of an incident.
The Benefits of CYB3R-X Solutions for MSSPs
It makes sense for businesses to work with an MSSP as they struggle to locate the security expertise they require. However, an MSSP’s capacity to scale up to meet demand successfully rests largely on the tools at their disposal.
Solutions from CYB3R-X provide MSSPs what they need to scale with confidence and reduce cybersecurity risk for their clients. The Cloud-Delivered Multi-Tenant Management MSSP service and SOC platform from CYB3R-X offer substantial advantages for MSSPs, such as:
- Convenience: The CYB3R-X Infinity Portal offers thorough and integrated visibility for threat detection, threat response, and threat hunting activities. The solutions offered by CYB3R-X allow seamless integration with numerous third-party solution providers and are simple to deploy in both on-premise and multi-cloud scenarios.
- Automation: MSSPs can easily integrate threat prevention, detection, remediation, and reporting thanks to CYB3R-X’s well-documented integrations and APIs, all while lowering total cost of ownership (TCO). With self-service onboarding and offboarding portals and automated, value-driven reporting, MSSPs may also give clients visibility into and control
- Scalability: CYB3R-X systems may expand with the needs of MSSPs’ clients, supporting zero-trust deployment and allowing for the seamless addition of new features to already-existing CYB3R-X deployments. Customers can quickly add new users as they expand without incurring additional licensing costs.
- Reliability: CYB3R-X Infinity Portal provides over 99.999 availability and does away with the requirement that MSSPs run completely redundant data centers. The most recent code, which provides industry-leading catch rates for known and upcoming threats, protects customer environments. Teams for professional services and incident response from CYB3R-X are available as needed to provide further assistance.
- Low Barrier to Entry: CYB3R-X solutions make it possible for MSSPs to enter the market with little initial outlay. Due to CYB3R-X’s hardware right-to-use agreement, its MSSP partners are not required to purchase hardware.
- Revenue Predictability: CYB3R-X’s MSSP partners can see upfront how much software and services will cost according to the company’s transparent tiered pricing methodology. Additionally, MSSP agreements ensure that MSSPs have cutting-edge technologies that offer superior protection against the most recent cyber threats, which helps future-proof MSSPs’ services.
Contact us for more information and to arrange a demonstration of CYB3R-X’s MSSP solutions if you’re interested in finding out how to safeguard your clients with CYB3R-X’s solutions.