3 Crucial Considerations Before Outsourcing to a Managed Security Firm

Over the past decade, the number of data breaches has increased almost exponentially. There seems to be an attack on a major multinational corporation every few months, the combined cost of these breaches will soon cross the one-trillion-dollar mark if better security measures aren’t introduced.

A common solution to this growing problem of cyber attacks is outsourced security solutions. Organisations around the world, both big and small, are looking to managed security services providers to take responsibility for their networks and provide functionalities that just aren’t possible with an in-house team unless there is a large budget available.

Managed Security Firm
3 Important Considerations Before You Outsource To A Managed Security Service

MSSPs provide businesses with the level of security that the likes of Google and Microsoft enjoy at incredibly affordable prices. They also offer a ton of other great benefits, such as:

  • Regular hardware and software updates
  • 24/7 customer support
  • Specialised expertise and extensive experience in handling security-related situations
  • Training for the in-house team
  • Constant security monitoring
  • Instant implementation of solutions
  • Detailed reports explaining the loopholes in a network infrastructure
  • Cloud hosting services
  • VAPT testing
  • Managed SOC (Security Operations Centre) Services

If you’re looking to secure your company’s IT systems against the possibility of a data breach, outsourcing is certainly the way to go.

However, it’s important to remember that not all MSSPs are equal, and there is no one-size-fits-all solution when it comes to cyber security. You’ll need to look for a vendor that can provide services tailored to your business’ specific needs and requirements.

With that in mind, here are a few important factors you’ll need to take into consideration before you go out and hire the first firm you can find.

1. Why do you need an MSSP?

Before you outsource, make sure you and your network manager are clear on what it is you want the MSSP to do, and why the need for outsourcing came about.

For a lot of organisations operating in Europe, the new GDPR is the primary reason why there is a need for improved network security. Under the GDPR, businesses are legally required to protect customer data using the latest technologies and techniques. If any company’s networks are found to be vulnerable to attacks, they could face fines in excess of 20 million Euros.

For others, it’s simply about securing confidential data and sensitive information. If a company’s trade secrets got into the hands of their competitors, they’d effectively lose all their business.

Whatever the case may be, make sure you define clear goals and objectives before going into the process. This will help you determine the eventual effectiveness of the outsourced solutions.

2. How effective are the existing in-house tools?

Hopefully, you already have a good quality antivirus and firewall installed on your networks, but what other tools are you using for cyber security?

Does your organisation regularly conduct penetration tests to locate potential vulnerabilities in the system? Is there any anti-malware protection installed? Do you regularly scan for any network intrusions?

If yes, then who’s in charge of all of these tools? An MSSP will only take responsibility for the areas of the network that you wish to outsource. Your in-house team handles the remaining portion.

If your in-house tools are adequate, you can consider outsourcing only the public part of your network where the data isn’t as crucial to the company’s internal operations. You can also consider hiring a dedicated and professional managed SOC provider for the job.

3. How much budget is available?

Most MSSPs offer a huge range of services at a wide variety of prices, and it’s important to know how much budget you have available before you hire someone.

The budget plays an important role because it forces you to prioritise according to your needs. It isn’t a big problem if you couldn’t find the money for additional remote functionality, so long as you’re making sure that all major security features get installed and implemented.

In most cases, MSSPs offer a basic package that includes security monitoring, managed firewall, and other essential tools. If you’d like incident reporting and regular penetration tests, you’ll need to pay extra.

Here, you can use the results obtained from the two questions above to make a smarter decision. Prepare a list that includes the following three things:

  1. All the security services required for complete protection
  2. The services that can be adequately managed in-house
  3. The services which need to be outsourced

When the list is done, you’ll have a much better idea of how many services you require and what kind of budget you have available. After that, it’s simply a matter of prioritising certain services over the others and managing the money intelligently.

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Why Consider Managed Security Services Instead Of SIEM?

Introduction:

Business owners operating online are relying heavily on interconnected networks are always in the firing line. They have got this fear of attackers who are always keen to come up with security breaches that can provide them with access to the sensitive information of business and its clientele.

The picture gets bigger on them, and their stress levels may become further elevated if they are performing in demanding and dynamic markets like the UAE.

Managed Security Services Dubai

To stay on top of such situations, it is vital that one as a business owner is familiar with the different available options that are offered by reliable IT security solution providers. SIEM (Service Information and Event Management) and managed security services Dubai are among the toppers in the list.

Let’s’ have a look and see which one shall be preferred by one as an entrepreneur and stay on top of issues like stress and anxiety and focus on business growth:

Fixed Up-Front Costs

Managed Services:

  • Usually, it is budget friendly and may only require the least amount of upfront fee due to its subscription-based nature.

SIEM Solution:

  • It is always going to be an expensive option because it usually involves a hefty upfront sum, required in the form of investment to buy the necessary software and recruit extra personnel or even assigning added tasks to existing staff for the sake of system integration etc. One way or the other, the required initial sum is going to be on the heftier side more often than not.

The Development Costs

MSS:

  • In most cases, if you have acquired the services of a reliable and professional security solution provider, the required timeframe for initial deployment as well as configuring may not take more than a week’s time. As far as the costs involved are concerned, so they may be as little as none for a majority of the customers, depending on their security needs.

SIEM:

  • The overall all-time required for SIEM’s complete implementation would be between 1 to 2 years.  The problem of tasks such as deployments running over budgets and schedules is not something new; such problems will occur more often than not.

Personnel Cost

SIEM:

  • One as a service acquirer may face the issue of scarce resources in most cases when it came to professionally trained and experienced IT security personnel in the said domain. This pushes the graph for such services further upwards, i.e. making it hard for one’s budgets to cope with.

MSS:

  • Managed security services Dubai that is offered by renowned IT specialists makes it easy for your business to have a 24X7 access to expert threat analysts, forensic experts, incident responders while the costs involved for such robust services are comparatively on the lower side.

Operational Cost

Manage security:

  • All one need to afford is a fixed nominal annual fee.

Security information:

  • Operational costs involved in this type, of course, are going to be on the high side. This is because of the in-house approach and labour costs that are required for this type.

Opportunity costs

In most cases, businesses are low on IT security staff. Most of the time spent by them floats around the monitoring of thousands of event logs and screening several alerts that may have been generated by a SIEM solution. Organisations that fail to consider these costs usually have to suffer badly during the later stages of their business and its functions online.

Hidden Costs

The same is going to be the case here as well, with SIEM once an incident takes place, the type of response that may be required to tackle it may vary, and this may fluctuate when it comes to the associated costs. On the other hand, in MSS because you have already paid a one-time subscription fee, your back is watched no matter how big or small the nature of the attack is without incurring additional costs.

Closing lines:

You simply cannot move on in the wrong directions with closed eyes. You will need to open up your eyes wide and make sure that you are opting for the right options that are offered by industry smart IT security solution providers. This will make it easy for you to ensure that you are heading in the right directions without paying elevated and unwanted costs.

Benefits Of A Third Party Managed Security Services

Network security has become an essential need for the sake of organizations. Cyber-threats have been increasing with the passage of every single day. That’s the reason every firm especially needs to take care of its network security to ensure they are safe from every kind of cyber-attack.

Managed Security Services KSA

For the organizations, it becomes a tricky and expensive thing to establish its security mechanism. So, most of the times they tend to outsource some aspects of their network security to a third party service provider. Managed security services KSA based firms are also well-known for their top-notch services in this particular regards. Beneath are some of the benefits you can avail by outsourcing your security needs to a third party security firm like them.

Proactive Security

By hiring their services and by outsourcing your security needs to them, you are improving your security mechanism. They provide you with an efficient and proactive network security that keeps you safe from the vulnerable attacks of modern-day cyber-crimes.

Improved IT Performance

Your business network remains safe from the vulnerable attacks. This means you won’t be facing any shutdown issues at all. Your business operations will keep carrying own in a certain way without distractions. All this improves your organization’s IT performance.

Professional Resources

You are facilitated with the services of professional and highly trained staff. They take care of all your network related needs accurately, securing you from every kind of network related hassles. This is a great benefit that you could avail of the third party managed security consulting KSA based service providers. That’s why it is highly recommended and best option for you to protect your network from vulnerable attacks.

Decreased Costs

Establishing your dedicated security setup can cost you heavily. The best thing you could do, outsource your network security needs to a third party service provider. This saves you a lot of costs. You would be supposed to pay monthly charges just for those services that you have availed.

Thorough Security

Third party security service providing firms provides you thorough security against the vulnerabilities. They use different tools that help in better protection from cyber-attacks. That’s also a reason why third-party security service providers are the preferred choice for most of the organizations.

Managed Security Services Improve Revenue Of Business

Introduction:

What if the service provider becomes a target of network breach? The conundrum of network security is increasing in complexity with time. Deloitte is the latest victim of security infiltration by hackers. Why are networks stumbling upon when it comes to security? Are the available tools not good enough? Who can the customers rely? The access to the information including passwords, IP addresses, usernames and design structure is now a norm. The sourcing of the network security to third party vendor is in demand. But what makes a vendor better equipped in delivering security? What other features are associated with the security?

How security features add value to business:

The revenue generation stream gets better when security is fully functional. The idea designed by security operation center UK to insert the security features with maximum response rate drive functionality of operations to generate better revenue generation opportunities.

Managed Security Services Improve Revenue Of Business | Security Operation Center UK

The ability to preserve the information security and protect the network tools and processes is a specialist endeavor. The capacity to build different security facets for a specific network is reliant on its scope and the extent of the business. It should be acknowledged that the security professionals have become an important arm in the growth of businesses. Keeping this into perspective the role and responsibilities outlined by managed security services KSA administer the control and direction of the security features comprehensively.

The technological boom in Dubai is pointing towards rapid growth. The initiation of new business and fresh opportunities make the job of security professionals even more problematic. However the investment in the network security will eventually make the difference.

The safety of the asset requisite protection of the parameters, processes, systems to guard against any potential threat. The prevention of the threat is emanated from the philosophy of how it is perceived by the security professionals.

Conclusion:

It is easy to delegate the management of security but the recruitment of a third party vendor is a strategic decision. How accurately have the system’s vulnerability has been addressed? A range of different aspects must be analyzed before the security blueprint can be planned out.

The future concerns are not going to increase the problems of the enterprises. The type of service that is selected will impact on how resolutely the security of the network is being addressed. Sensible decisions is the only choice left.

What Are The Six Important Dynamics Of Security To Follow?

The vulnerabilities and the cyber threats are a real headache for most of the businesses in this era. As all of the business firms are linked up to the internet, so it becomes quite vulnerable for them at times. The cyber threats have gone wild and are affecting various business networks every now and then.

Managed Security Services KSA
What Are The Six Important Dynamics Of Security To Follow – Managed Security Services

It has become important to make sure that we have a proper security system which can keep our network safe from the possible attacks of modern day security threats. If important and necessary steps are ever neglected in this regards then firms can find themselves in deep trouble, which is not good for their health.

For the better security of the business network, these days firms prefer to get to hire the services of security operation centre UK. They consider the SOC best for the security because it is the way through which their firm’s security related matters could be seen throughout to keep it safe from cyber threats.

Six Dynamics of Security:

The six dynamics of the security which you need to follow are as follows:

Determining the Policy:

Every plan starts with a policy. It is the first thing you do to ensure the successful execution of any plan. And for the network security purpose, it is important for you to make sure that you determine the right and proper policy first of all.

Performing the Risk Analysis:

The other important thing you need to do is, perform the risk analysis of your network. This is how you would come to know the risks that can affect your business network with the attacks of cyber threat.

Defining the appropriate Plans:

It is the next step which you need to follow after the analysis. You need to make and define the proper plans which will take place against the cyber security threats of this modern era.

Proper Staffing:

The proper staffing is another key thing for you to help the SOC working well. You must hire experienced and professional staff to ensure that they can properly take care of the events taking place in your business network.

Consider Dynamics:

The dynamics are really important to consider and follow. You must make sure that you are taking proper care of it and helping the things continue in proper defined way.

Integrate the SOC:

In the flow and activity of the organization, it is really important for you to make sure that you integrate the SOC. For the sake of the security operation center, all the relevant and important data are required to be passed on to SOC to make sure that it keeps functioning well to avoid the risks of the cyber threats.

However, if you don’t know how to take care of these six important dynamics of the network security, then you might consult the managed security services KSA for better help in this regards. They certainly are professional and can take care of the things in a better and well-defined way.

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What Is A Managed Security System?

These days security of each and everything is really necessary, because in this era everything is at a real risk if it’s not secured well through proper system. Various mechanisms, viruses and software’s, etc. are developed to access your private stuff. That’s why there is very important need to keep yourself, secured from such security breaches. For the security of a business real steps are required to be taken. Because you can’t compromise over the security of your business related issues. So for that reason a proper and managed system is a necessity. You can’t just ignore it at any cost.

Managed Security Services Oman

For a proper and a well-managed security system you need to contact a firm who is dedicated in one in this regards. You can get the best and excellent services for the better protection and monitoring of your business secret data from managed security services Oman. They are well known and highly reputable all across the country. You can get their assistance in any part of the world without any barriers, as they provide this service all across the world.

How it works?

It works really well, this is something that you should know. How it works is a big phenomenon but we will try to touch some of the basic and main points for your better understanding. So you have some idea about its working and methodology.

First of all your business is secured with the various security systems and software installations. This is to make sure that your network is free of any kind of risks. After that a proper and dedicated team is awarded to you so that they can look after that whole process and mechanism all the time. This results in saving us from any kind of major harms and loss.

A proper team looks after your whole business network all the time. If there is any risk, which they notice, they take actions right away. Whether its malware or it’s an attempt by a third party, to hack your systems. If there is any attempt made to transfer the secret information of your company by someone in your firm, they can also easily detect it with their managed security systems. More importantly what they do is they look after all the things through a properly managed system, which includes a software system and group of individuals, who combined look after the whole setup.

If you are also looking for a best and a top notch security system, then you can hire the services of Managed Security Services Oman. They will certainly help you better than anyone else.

How Systematic Is Your Security Framework?

The functionality of interrelated security centers is pivotal for big organizations involved with high levels of activity. The network security becomes the foremost priority when it has different access points.

It is vital to manage the security framework with a dedicated regime that can outline how to supervise the various activities. The context of every activity is unique and the design to perfectly monitor the flow of network activities will offer the desired leverage in procuring the core activities.

How can this be managed? What is the proposition of the risks involved when security large network configurations?

Managed Security Services Dubai

The incorporating of different methodologies in assessing the vulnerability and the prowess of a network is a complex activity. What is done can be significantly different from what needs to be done.

In this respect the holistic analysis of the variables and their contribution of the network is a considerable challenge. The tracking of the activities and the utilization of powerful automated tools become an instant security need.

The allowance can be provided by managed security services Dubai in spotlighting on securing the best possible practical solution for the network security.

The compliance procedures designed for security reasons are the foremost area of concern. The reliability and the consistency of the security mechanism can proffer a framework that can assist in identifying how information can be secured perfectly.

Is your security mechanism absolute functional? How much awareness and focus is obligated in developing a response mechanism?

What means must be exploited in managing the essence of the security framework? All the aforementioned questions highlight the dual nature and the temperament of the security system.

The need for a dedicated service becomes inevitable, especially when monitoring round the corner can facilitate the realization of the objective related to security supervision. The openness to understanding the limitations of the security is vital. The right approach can only be realized when a thorough awareness of the existing and potential vulnerabilities are duly supervised.

The supervision of the collective security aspects can help in identifying what needs to be done and in which capacity. Have you taken desperate measures in highlighting how the best practices can be implemented in managing the security?

It is high time that the management revisit their security parameters. Managed security services Dubai can plan out supervision regime for administering and regulating the security needs of the organization.