Owning a business that uses modern-day technology requires a robust cybersecurity plan to keep company data secure. However, sometimes, an in-house IT team doesn’t have the specializations to create and monitor resilient security infrastructure thoroughly.
As cybersecurity is a hefty investment of both technology and personnel, organizations need to be selective with managing their security and data. Luckily, hiring a professional, security-focused Managed Service Provider can make all the difference.
What is a Managed Service Provider?
A Managed Service Provider (also known as an MSP) is a third-party resource for companies who need assistance managing their cybersecurity and business needs. They maintain and manage their client’s networks, taking the load off their teams to focus on improving their services without the worry of network threats or breaches.
What are the security benefits of a managed service provider?
Security-focused MSPs can offer many different network and data protection types and provide many advantages to the companies that use them.
1. 24/7 Network monitoring
Business organizations are a prime target for cyber crimes. Unfortunately, it can often cost thousands or even millions to repair the damage caused by these breaches. However, with a security company overseeing your network activity 24/7, your company is better poised to identify and respond to an attack.
An MSP that specializes in security can monitor your network around the clock if required. In doing so, they can flag any suspicious activity and investigate any threats.
2. Proven security experts
With an internal IT team, unless they’re incredibly specialized – it’s unlikely they are cybersecurity experts. As a result, they may be unaware of all the latest techniques, developments, or technology available to them that can help guarantee your company’s safety in the face of ever-changing cyber threats.
Security-focused MSPs are professionals dedicated to cybersecurity and train to keep their expertise up-to-date. By recruiting specialists from different backgrounds and skillsets, MSPs can apply unique solutions to any problem your business may encounter.
3. Cost-effective
Not only do MSPs save you money by preventing any cyberattacks or threats against your network, they include other financial savings like:
- In-house IT saving
Without the cost of hiring an entire IT company to focus on your company’s online security, investing in an MSP can be a stable financial expenditure. Because of the predictable nature of a service agreement, you can better budget and spread your finances to other areas of business.
4. Equipment savings
Likewise, a secured network comes with equipment that needs to be maintained and serviced to keep it up to date. When partnering with an MSP to manage your security, there’s no need to purchase any top-of-the-line hardware, and your provider absorbs any maintenance or upkeep costs. That means money stays in your pocket.
5. Minimize downtime
Downtime can happen anytime your network or equipment gets overloaded and ceases to function, leaving you – and your customers – out of luck. The specialized equipment of a security MSP can help mitigate these situations by having systems that switch to a backup when there’s a failure.
6. Data compliance
Data from specific industries are subject to regulations and legislature designed to keep the public’s information secure. The most well-known regulations are the Health Insurance Portability and Accountability Act (HIPAA) and General Data Protection Regulation (GDPR). Organizations must stay compliant or risk hefty fines and potential reputation damage. Cybersecurity-focused MSPs are well versed in maintaining compliance with regulations when maintaining security practices.
Conclusion
MSP security plays a vital role in your day-to-day business operations. They can save you money, provide unique cybersecurity expertise, and help you stay compliant with any regulations your business must abide by. With a well-equipped MSP team, you can ensure your company is well protected.
Contact us today to see how we can help manage your company’s security today!
