Security as a Service

Security as a Service

Managed security services secure an end user’s network, infrastructure and endpoints. Services can include any services needed to support the business’ internal resources or provide the end user with an option to outsource IT security. Using automated solutions, a managed security services provider (MSSP) can provide 24/7 monitoring as well as leverage global security threat databases to provide defenses against new and emerging threats.

Why It Matters to Your Customers

No business, of any size, is immune to cyberattack. In fact, the 2018 Verizon Data Breach Report found 58% of data breach victims are small businesses. Cyberattacks can create major expenses and losses, including the costs or IT repairs and restoration (and, in some cases, ransom), disruption to productivity and lost contracts or sales. Cyberattack can also result in data theft or loss, especially harmful to the business if it involves sensitive customer data or account information. Moreover, businesses shouldn’t overlook the damage a cyberattack can cause to their business’ reputation and their customers’ trust, which can result in lost customers and decreased revenue. Depending on the end user’s industry, there may also be legal implications and fines if a data breach results from a cyberattack. Some businesses never recover.

As vital as IT security is to a business, many simply don’t have the in-house resources to effectively manage it. In-house IT staffs’ are often already stretched thin, and there is little time to stay on top of the latest security threats. Moreover, even large enterprises struggle to find experienced professionals to hire, with a shortage of skilled IT security professionals.

Why Security as a Service is an Opportunity

Businesses and enterprises are turning to MSSPs to outsource their IT security. There may be little objection to cost of managed security if the process has become so burdensome that the in-house staff can’t keep up. Industries including healthcare, finance, and retail may have little choice but to seek help to maintain security in accordance with laws and industry regulations.

If your customers are primarily small and medium-sized businesses, they may not have adequate security in place, even if they’ve been hacked in the past. Work with these clients to provide managed security services including network monitoring, patch management, managed firewall, managed antivirus, and endpoint security for a monthly fee that fits their budgets.

Security as a Service Trends & Case Studies

Ransomware Attack

Providing Security as a Service in the Wake of a High-Profile Ransomware Attack

The Kaseya VSA attack is raising questions among business owners—be straightforward and transparent when you provide the answers.

How the Kaseya VSA Attack Impacted the Entire MSP Community

Whether recovering from the attack or asking “what if,” you should be looking at your business a little differently now.
antivirus solutions

How to Provide Effective Antivirus Solutions in Today’s Work Environment

Remote work, new hybrid work environments, and personal devices connecting to the network are creating new challenges for MSPs.
Colonial Pipeline Attack

Colonial Pipeline Breach: No Industry is Immune to Cybersecurity Attacks

We are living in a data-driven economy that is unlike any before, and issues like data governance and cybersecurity can no longer take a backseat.
Barracuda MSP logo

Barracuda Delivers Strong Growth in Cloud Email Security

Acceleration of cloud email demand for comprehensive email protection drives increased adoption.
Demon Malware

Here are the Malware Campaigns Infoblox Tracked in Q1 2021

Emotet, Trickbot, and Buer — named after a demon — were among the top threats.

Recurring Revenue Best Practices

Protected Health Information

The Impact of COVID-19 on HIPAA Compliance Laws

With the rise of telework and conference calling, proactively securing all devices and encrypting the data path through the home, public network, and cloud infrastructure is critical.
CoMITs

Making the Case for Co-Managed IT Services (CoMITs)

CoMITs give MSPs a powerful competitive differentiator with high-value clients seeking greater control over their IT tools.
Business Continuity Planning

How Business Continuity Strategies Have Changed Since 2020

Before the pandemic, companies predicted what they’d need to keep operations moving during a long-term disruption. Now they know.
Data Compliance

How to Protect Your Company From Compliance Risks

With strict laws regulating how personal data is collected and handled, regulatory compliance should be a top priority for XaaS providers.
Data Analytics and BI

Your CPG Customers Don’t Need More Data — They Need Answers

IT solution providers can endear themselves to CPG clients by bundling NLG tools with Business Intelligence dashboards.
Professional Firms

Why Managed Services Are in Demand at Professional, Legal and Engineering Firms

Operating a professional office has changed since the start of the pandemic, and those businesses need an MSP’s expertise and support to optimize workflows.

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