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What Is a Managed Security Service?

A managed security service is a systematic approach a third-party takes to manage a company’s security requirements, such as managing firewalls, monitoring and managing intrusion detection systems in addition to implementing patches and updates, performing vulnerability and penetration tests as well as responding to emergencies and providing reporting. Managed security services are generally a cost-effective choice for businesses that cannot afford to hire and manage their own cybersecurity team, or have limited capabilities in-house.

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

An MSSP must be able to provide customized services based on an in-depth understanding of the company’s security objectives and the environment. Premium MSSPs provide 24/7 monitoring of threats, threat intelligence, and analysis of data. This allows them to proactively detect threats and to eliminate crucial weaknesses.

A MSP with a focus on security should also be able provide advanced endpoint detection (EDR) solutions and XDR solutions. XDR monitors a variety of sources of data, including firewalls, intrusion detectors antivirus, next generation firewalls, and other enterprise devices. It also offers central management and automation. The platform can find unknown attackers with multi-layered detection methods and provides insight into the entire attack surface to prioritize and address vulnerabilities.

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