What Is a Managed Security Service?

A managed security service is the method a third-party company employs to manage a business’s cybersecurity needs, including managing firewalls, monitoring and directing intrusion detection systems including patches and upgrades as well as conducting vulnerability and penetration assessments, responding to emergencies and supplying reports. Managed security service providers provide a cost-effective solution for organizations that are unable to hire or maintain their own cybersecurity team or have inadequate capabilities.

A security-focused MSP concentrates on cybersecurity while IT service providers focus primarily on IT operations. MSSPs offer monitoring of security for information and management 24/7 to assist companies in detecting and respond to cyberattacks. They typically rely on an operational center for security with high availability and offer services like managed firewalls and intrusion detection, 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 security goals of the organization and its environment. Apart from providing 24/7 monitoring and threat intelligence, premium MSSPs also analyze and evaluate information gathered from a vast range of sources. This allows them to proactively identify threats and eliminate critical weaknesses.

A security-focused MSP should also have the capabilities to perform advanced endpoint detection and response (EDR) and XDR solutions. XDR monitors multiple sources of data, including firewalls, intrusion detectors anti-virus, next-generation firewalls, and other enterprise devices. It also offers central management and automation. The platform is able to detect unidentified attackers through multi-layered detection methods and gives an overview of the entire attack zone to prioritize and address any vulnerabilities.

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