A managed security service is the systematic approach a third-party takes to handle a business’s cybersecurity requirements, which includes managing firewalls, monitoring and controlling intrusion detection systems including patches and updates and performing penetration and vulnerability assessments in response to emergencies, and providing reporting. Managed security services providers are typically a cost-effective option for businesses that do not have the funds to hire and manage their own cybersecurity team, or have limited capabilities in-house.

A security-focused MSP focuses on cybersecurity while IT service providers focus principally on IT operations. MSSPs provide monitoring of security information and management 24/7 to assist organizations in detecting and respond to cyberattacks. They usually use high-availability operations centers to provide services such as managed firewalls, intrusion detection and management of virtual private networks threat detection for endpoints, response, and vulnerability scanning.

An MSSP should be able to offer customized services based on a thorough understanding of the company’s security objectives and its surroundings. Premium MSSPs offer 24/7 monitoring as well as threat intelligence and analysis of data. This helps them 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 a variety of sources of data, such as firewalls, intrusion detectors antivirus, next-generation firewalls as well as other enterprise devices. It also offers central management and automation. The platform can find unknown attackers with multi-layered detection methods and provide visibility into the whole attack surface to prioritize and fix vulnerabilities.

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