Choosing The Right Cybersecurity Company: Why You Need an MSSP
Protecting your business and your clients is one of your top priorities, and that’s why investing in the right cybersecurity company is paramount. It’s the best way to protect your organization from cyber threats and secure your digital assets and private information.
Of course, not all cybersecurity services companies are created equal. Read on to learn more about how to choose the right fit for your needs and why a managed security service provider (MSSP) is ultimately the best choice.
Qualities to Look For in a Cybersecurity Company
It’s more important than ever for organizations to invest in the best cybersecurity company they can. The experts at Forbes explain that 2023 is shaping up to be another banner year for costly ransomware and other cyberattacks. In 2022, the average cost of a data breach in the U.S. was $9.44 million and could increase again this year.
Cyber attacks are not only costly but can also wreak havoc on the reputation of your organization. Here are a handful of qualities to look for in a cybersecurity company.
Experience & Expertise
You need a cybersecurity company that has a proven track record of success. It’s equally important that they also have experience with your industry. The cybersecurity needs of a construction company differ from those of a non-profit, so it’s important to choose an organization that understands the unique cyber risks associated with your industry.
Cybersecurity Services
Cyber security is more than simply stopping cyber attacks. The best cybersecurity companies offer a comprehensive range of services, including risk management services, cloud services, security consulting, and incident response.
Look for a holistic cybersecurity company that offers a range of services to meet your needs.
Compliance
Cybersecurity companies can help your organization remain compliant with industry standards, such as the Health Insurance Portability and Accountability Actor (HIPAA) or General Data Protection Regulation (GDPR). When choosing a cybersecurity company, you should also do your due diligence to ensure they’re compliant with any industry-specific and standard regulations as well.
Noncompliance can be costly, so you need a company that prioritizes compliance particularly when it comes to data security.
Cost
Finally, you must consider cost. The cost of cybersecurity services can vary based on the size of your company and industry, compliance mandates, and the sensitivity of the data you collect. However, the experts at Business.com estimate that small and medium-sized businesses devote anywhere from 5.6% to 20% of the company’s total IT spend to cybersecurity efforts.
Considering that cybersecurity attacks can be incredibly costly, the ongoing price of a security operation is worth it.
Benefits of a Managed Security Service Provider
When looking for the best cybersecurity company to work with, an MSSP provider stands above the rest. Gartner explains that managed security service providers (MSSP) provide outsourced monitoring and management of security devices and systems. They continuously protect your business from security threats and can provide everything from cloud security solutions to a network of security experts who are always ready to respond to attacks.
Choosing an MSSP is a cost-effective way to protect your business’s data and network around the clock.
Benefits of MSSP Providers
A managed security service provider differs from your average security provider since it offers a broad range of services. Here are some of the benefits of choosing an MSSP.
Expertise
MSSP providers specialize in cybersecurity. They understand what it takes to detect and respond to threats, oftentimes thwarting them before they even happen. Their expertise and advanced tools (which we’ll talk about more soon) allow them to efficiently recognize and respond to problems.
Cost savings
TechTarget explains that hiring an in-house cybersecurity team can often be more expensive than working with an MSSP. Not only are you saving on hiring costs, but when you outsource your information security you don’t need to purchase any high-end equipment or software tools yourself.
24/7 Monitoring & Support
It can be incredibly difficult and costly for in-house teams to constantly monitor your system in addition to performing penetration testing and more. MSSP providers can provide 24/7 monitoring and support thanks to advanced automation. Since cyber threats can occur at any time, this continuous monitoring and support is crucial.
Advanced Technology
Finally, when you work with an MSSP provider, you can benefit from the advanced technologies and tools they utilize. These providers have access to threat intelligence, advanced analytics, and machine learning that may be too expensive for your organization to invest in alone.
By outsourcing cybersecurity to an MSSP, your business benefits from these tools that can help identify and mitigate cyber threats effectively.
Protect your investment with our custom San Antonio and Austin MSSP cybersecurity services today.
