What Is a Managed Security Service?

A managed security service is a method that a third party uses to manage a business’s cybersecurity needs, including managing firewalls, monitoring and controlling intrusion detection systems as well as implementing patches and upgrades and performing vulnerability and penetration tests, responding to emergencies and providing reporting. Managed security service providers provide an affordable option for businesses who are unable to afford hiring or support their own cybersecurity team or have limited capabilities.

A security-focused MSP is a provider that focuses on cybersecurity, while an IT service provider focuses on IT operations. MSSPs offer monitoring of information security and management round the clock to assist organizations in detecting and respond to cyberattacks. They typically use high-availability operations centers to offer services such as managed firewalls, intrusion detection virtual private network management threat detection for endpoints, response, and vulnerability scanning.

An MSSP must be able of providing specific services that are based on an in-depth understanding of the company’s security objectives and the environment. In addition to offering 24/7 monitoring and threat intelligence, premium MSSPs additionally analyze and assess information gathered from a vast range of sources. This allows them to detect threats and eliminate critical vulnerabilities.

A security-focused MSP should also be able to offer advanced endpoint detection and response (EDR) and XDR solutions. XDR monitors and collects data from data room functionality various sources, such as firewalls, intrusion detection, anti-virus, next-generation firewalls and other enterprise devices. It also offers central management and automation. The platform can find unknown attackers using multi-layered detection methodologies and provides an overview of the whole attack surface to prioritize and eliminate vulnerabilities.