What Is a Managed Security Service?

A managed security service is a standardized method that a third-party employs to manage the cybersecurity requirements of a company. This includes managing firewalls, monitoring, and managing intrusion detection by implementing patch management and upgrading, as well as performing vulnerability and penetration tests, responding to emergency situations, and providing reports. Managed security services are typically a cost-effective option for companies that are unable to afford to hire and manage their own cybersecurity team, or have limited capabilities in-house.

A security-focused MSP is a 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 businesses in detecting and respond to cyberattacks. They usually use a high-availability operation center to provide services such as managed firewalls, intrusion detectors, virtual private network management as well as endpoint threats detection and response and vulnerability scanning.

An MSSP should be able to offer custom-designed services based upon an understanding of the company’s security objectives and the environment. Premium MSSPs provide 24/7 monitoring and threat intelligence as well as analysis of data. This allows them to identify threats and eliminate vulnerabilities that are critical to your security.

A MSP that is focused on security is also able to provide advanced endpoint detection (EDR) solutions as well as XDR solutions. XDR monitors multiple sources of data, such as firewalls, intrusion detectors antivirus, next-generation firewalls and other enterprise devices. It also provides centralized management and automation. The platform can find unknown attackers with multi-layered detection methods and provide an overview of the entire attack landscape to identify and fix vulnerabilities.