What Is a Managed Security Service?

A managed security service is the method that a third party uses to handle a business’s cybersecurity requirements, which includes managing firewalls, monitoring and directing intrusion detection systems in addition to implementing patches and updates, performing vulnerability and penetration tests as well as responding to emergencies and supplying reports. Managed security service providers offer an affordable option for businesses who cannot afford to hire or support their own cybersecurity team, or have limited capabilities.

A security-focused MSP is a company that focuses on cybersecurity, while IT service providers concentrate on IT operations. MSSPs provide 24 hour security monitoring and management services to help companies detect, triage and react to cyberattacks. They usually use a high-availability operation center to provide services like managed firewalls, intrusion detectors virtual private network management security, endpoint threats detection and response and vulnerability scanning.

An MSSP must be able to provide custom-designed services based upon a thorough understanding of the security goals of the organization and its environment. Apart from providing 24/7 monitoring and threat intelligence, top MSSPs also analyze and review data gathered from a wide range of sources. This allows them to identify threats and eliminate critical vulnerabilities.

A security-focused MSP should also be able to perform advanced endpoint detection and response (EDR) and XDR solutions. XDR collects and monitors information from various technologies like firewalls, intrusion detection security software, next-generation firewalls, and other devices for enterprises. It also provides centralized management and automation. The platform can identify unknown attackers with multi-layered detection methods and provides an overview of the whole attack surface to prioritize and address vulnerabilities.

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