What Is a Managed Security Service?

A managed security service is a systematic method that a third-party uses to manage the security requirements of a business. This includes monitoring firewalls, managing firewalls and managing intrusion detection and patch management, and updating, conducting penetration and vulnerabilities assessments, responding to emergency situations and providing reports. Managed security service providers provide a cost-effective solution for organizations that are unable to hire or support their own cybersecurity team or have inadequate capabilities.

A security-focused MSP is focused on cybersecurity, while an IT service provider focuses mostly on IT operations. MSSPs provide information security monitoring and management around the clock to assist businesses in detecting and respond to cyberattacks. They typically utilize the high-availability security operations center and offer services like managed firewalls as well as intrusion detection and virtual private network (VPN) management security, endpoint threat detection vulnerability scanning and response.

An MSSP will be able provide a customized service based on an in-depth understanding of the organization’s surroundings and security goals. Premium MSSPs provide monitoring 24/7, threat intelligence and analysis of data. This allows them to identify threats and eliminate critical vulnerabilities.

A MSP that focuses on security should also be able to provide advanced endpoint detection (EDR) solutions as well as XDR solutions. XDR monitors and collects managed security service information from various technologies, such as firewalls, intrusion detection security software, next-generation firewalls, and other devices for enterprises. It also offers central management and automation. The platform can detect new attackers using multi-layered detection techniques and provides insight into the entire attack area to prioritize and address any vulnerabilities.

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