A managed security service is a systematic method that a third-party employs to manage the cybersecurity requirements of a business. This includes managing firewalls, monitoring and directing intrusion detection as well as implementing patch management and upgrading, as well as performing assessments of vulnerabilities and penetration and responding to emergency situations and preparing reports. Managed security service providers offer an economical option for companies that cannot afford to hire or support their own cybersecurity team, or have limited capabilities.

A security-focused MSP is a service provider which focuses on cybersecurity while an IT service provider focuses on IT operations. MSSPs offer monitoring of security for information and management round the clock to assist organizations in detecting and respond to cyberattacks. They typically utilize an operation center with high availability to provide services such as managed firewalls, intrusion detectors and management of virtual private networks, endpoint threats detection and response and vulnerability scanning.

An MSSP should be able to offer tailored services based on an understanding of the organization’s security goals and environment. Premium MSSPs provide monitoring 24/7, threat intelligence and analysis of data. This enables them to identify threats and eliminate critical weaknesses.

A MSP with a focus on security must also be able to offer advanced endpoint detection (EDR) solutions as well as XDR solutions. XDR monitors multiple sources of data, such as firewalls, intrusion detectors, anti-virus, next-generation firewalls and other devices for enterprises. It also provides central management and automation. The platform can identify unknown attackers using a variety of detection techniques and provide access to the entire attack surface to identify and eliminate vulnerabilities.

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