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What Is a Managed Security Service?

A managed security service is a systematic approach that a third-party uses to manage a business’s cybersecurity requirements, which includes managing firewalls, monitoring and implementing intrusion detection systems, implementing patches and updates as well as conducting penetration and vulnerability assessments in response to emergencies, and providing reports. Managed security service providers offer a cost-effective solution for organizations that are unable to hire or support their own cybersecurity team, or have limited capabilities.

A security-focused MSP is a service which focuses on cybersecurity while IT service providers focus on IT operations. MSSPs provide round-the-clock security monitoring and management that helps organizations detect, triage and respond to cyberattacks. They typically utilize a high-availability operation center to provide services such as managed firewalls, intrusion detectors virtual private network management, endpoint threats detection and response and vulnerability scanning.

An MSSP must be able deliver tailored services based on an in-depth understanding of the organization’s security goals and environment. Premium MSSPs offer 24/7 monitoring as well as threat intelligence and analysis of data. This lets them proactively identify threats and fix weaknesses.

A MSP that focuses on security should also be able offer advanced endpoint detection (EDR) solutions and XDR solutions. XDR monitors and collects data from multiple source technologies like firewalls, intrusion detection and firewalls, next-generation antivirus and other enterprise devices. It also provides centralized management and automation. The platform is able to detect unidentified attackers using multiple-layered detection techniques and provides an overview managed security service of the entire attack area to identify and fix any vulnerabilities.

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