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A managed security service is the process of contracting with a third-party to oversee and manage a company’s security systems. It can include assessing and updating security policies, coordinating firewalls and intrusion detection monitoring patch management, and performing regular security assessments. It may also involve responding to threats and incidents and providing assistance when needed. It should not be confused with a security operations center (SOC) which is an in-house team that responds to cyber incidents in real time.

An MSSP is a less expensive option than hiring a full-time cybersecurity professional for your company. This is particularly relevant for smaller businesses, such as dental or medical practices or lawyers. Additionally, MSSPs can help authorities in consolidating security services, addressing the requirements for compliance and reducing risk.

The most reliable managed security service providers will protect your business from sophisticated and complex cyber-attacks by monitoring network activity, identifying unauthorised behavior and anomalies, as well as deploying multi-layered threat intelligence. They can also aid your company in creating or improving vulnerability management programs and offer a 24/7 monitoring service to look into cyber security alerts.

When deciding on an MSSP, consider their prices and the services they offer. Ask them about their client reviews, accreditations, and the number of staff they employ. Also, think about if an MSSP can gather and analyze data to identify advanced threats with no prior knowledge of their actions by creating a baseline of typical user behavior and comparing new actions against it.