A managed security service is the method that a third party uses to manage a business’s cybersecurity requirements, such as managing firewalls, monitoring and implementing intrusion detection systems, implementing patches and upgrades in addition to conducting vulnerability and penetration tests responding to emergencies and providing reports. Managed security providers are generally a cost-effective choice for companies that are unable to afford to hire and manage their own cybersecurity team, or have limited in-house capabilities.
A security-focused MSP is a service which focuses on cybersecurity while an IT service provider focuses on IT operations. MSSPs offer monitoring of security for information and management 24/7 to help organizations detect and respond to cyberattacks. They typically use an operation center that is high-availability to provide services such a managed firewalls, intrusion detection and management of virtual private networks security, endpoint threats detection and response, and vulnerability scanning.
An MSSP is expected to provide a customized service based on a thorough understanding of the organization’s environment and security goals. Premium MSSPs offer 24/7 monitoring as well as threat intelligence and analysis of data. This helps them proactively uncover threats and eliminate critical vulnerabilities.
A security-focused MSP should also have the capabilities to offer advanced endpoint detection and response (EDR) and XDR solutions. XDR monitors multiple sources of data, including firewalls, intrusion detectors, anti-virus, next-generation firewalls and other devices for enterprises. It also offers central management and automation. The platform can detect unknown attackers using multi-layered detection methods. It also provides an overview of the entire attack area to identify and fix any security issues.