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12 Oct 2023

A managed security service is a service that takes care of several cybersecurity-related tasks, such as detecting breaches and minimizing damage. This includes 24/7 monitoring of a company’s systems for information, patching software and updating hardware. It also involves checking suspicious activity and analysing logs to ensure data is protected from cyberattacks. MSSPs are a third-party provider that can offer more advanced capabilities than teams in-house. They can help businesses to develop cybersecurity expertise and save money by not having to hire full-time employees. They also help reduce risks and fatigue in in-house teams through automated incident response.

The most secure security providers can spot and address threats early before they can cause severe damage to an organisation. This is achieved by continuously watching the behaviour and patterns of hackers and malware. These data are then used to protect weak areas of a network and to spot potential attacks. This could prevent a breach or at least reduce its impact and ensure that stolen data is retrieved.

It is crucial to select a managed security provider which has a custom-made plan for your company. Ask the vendor what services they provide, how much they charge and what warranties they provide. Some companies charge a flat price for security assessments as opposed to others that have an unidirectional pricing system that charges extra for larger quantities of data. You should also be aware of what’s included in your monthly or yearly subscription to an MSSP.