MSSPs provide complete outsourced security solutions for businesses.
Small businesses have two huge disadvantages when it comes to cyber security. First, they don’t always have enough resources available to make a strong cyber security program. They might not have enough employees to devote to their cyber security or not have enough funds to support extensive cyber security networks. Either way, they are often less secured than enterprise businesses with entire IT departments devoted to cybersecurity.
Secondly, hackers recognize that small businesses are less secure, so they target them—easily breaking into their data and using that to attack bigger companies. So, not only are they less prepared to prevent a cyberattack, but they are targeted by hackers because of it. With those two disadvantages, small businesses are highly susceptible to cyberattacks.
If you run a small business, you’re probably wondering what can be done about this double disadvantage. How can you secure your business from threat actors with the limited resources you have?
You could try enforcing cybersecurity awareness for employees by implementing a cyber awareness training program. Such training would be beneficial for your company as the importance of cybersecurity awareness among your employees cannot be emphasized enough. However, when a threat actor comes to steal your company's sensitive data or finances, cyber awareness is not going to prevent the attack entirely.
You need more than employee cyber awareness. You need tools to actively protect your company. You need a cybersecurity program with threat detection and prevention methods. Why not try a Managed Security Service Provider (MSSP)?
MSSPs provide complete outsourced security solutions for businesses. They can alleviate the strain on IT teams and offer advanced security resources that the organization would not otherwise be able to use.
Your destination may be achieving compliance in industry certifications such as SOC2 or ISO27001, but it doesn’t stop there. With Trava, our modern tools can help you bridge the gap between where you are and where you want to be by giving you the control to assess your risk, repair the most vulnerable areas, and transfer risk through insurance.
MSSP may be the best cybersecurity solution for your business. But there are many similar services available on the market that you should be aware of.
One IT service similar to MSSP is the Managed Service Provider (MSP). What’s the comparison of MSSP vs MSP?
MSP can provide several ongoing services for your business beyond MPS cybersecurity—meaning they do offer cybersecurity, but they also offer other services including data center management, backup and recovery management, and network management. While MSSP only provides cyber security solutions, MSP has many services to help businesses manage their infrastructure and run normal IT operations.
All these services can be beneficial; however, they may put your business at greater risk for a cyber attack. To manage your business’s infrastructure, MSPs need to use your company’s sensitive data. This invites malicious actors to target MSPs because they can steal information from several companies at once.
Additionally, MSPs do not specialize in cybersecurity. They can assist your business with cybersecurity, but their major focus will be on administrative tasks that keep the IT systems operational.
MSSPs, on the other hand, are experts at keeping businesses secure, so naturally, their business will be fairly secure as well. This reduces your risk of data breaches through your MSSP. Also, MSSPs focus on your business's security—that is their primary task. They will do everything they can to guard you against any attacker or cyber threats. With this goal in mind, they have several advanced tools and technologies they use to monitor your security, including vulnerability scanning and incident management.
If you're looking for a cybersecurity solution, an MSSP is a better choice than an MSP. Especially if the current MSP security wait times are long for the companies you are looking at, you want an MSSP for your business security.
MSSPs aren’t perfect, as they don't typically offer managed detection and response (MDR) services. (What is MDR? It’s a proactive threat hunting, detection, and response system.) However, MSSPs have many other services that can successfully secure your business against a cyberattack.
Want to partner with an MSSP provider? You can look at several MSSP providers on the market. For the top MSSP providers, Gartner has a market guide and will explain the MDR market dynamics.
But we’ve made your search quicker and compiled a list of MSSP companies you could work with.
Looking through these top MSSP providers, you probably noticed that they all offer slightly different cybersecurity services. So, you can’t choose any random MSSP provider. You must examine their offerings carefully and ensure that they protect your business in the best way possible. With just one security deficiency in your MSSP, your business can still face a high risk of a cyberattack.
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As you search for MSSP providers and carefully examine all their offerings, you need to consider what types of services you can expect an MSSP to offer. If you understand the typical managed security services scope of work, you can discover what MSSP providers lack security services and what providers offer enough protection to guard your business.
Each MSSP will differ slightly in its offerings, but there are four services that most MSSP providers include in their scope of work.
First, MSSPs include vulnerability scanning. These scans are designed to determine the current state of cyber security and highlight what vulnerabilities hackers may exploit. They may also offer penetration testing where an ethical hacker attempts to breach your security system and reports on the weaknesses found. The MSSPs can then minimize your cyberattack risk by reducing or eliminating these vulnerabilities.
Also, MSSPs often provide some type of perimeter management software. This could be a managed firewall with professionals watching your network traffic and responding to any potential threats. Or perimeter management may involve limiting access to sensitive data in the network and on the endpoint.
Thirdly, an MSSP security company could offer compliance monitoring. These companies will examine your organization's data security policies and procedures to determine how well you comply with government and industry regulations. Also, they typically perform ongoing scans for your security devices and other infrastructure, which will show if any changes need to be made to meet compliance.
Finally, some MSSP providers offer LSP Sofware. For example, Accenture LCP Software is included in Accenture’s Managed Security Services. This software is a paperless system for entering payroll reports. It helps with your cyber security because it protects the payroll and employees’ other sensitive data from threat actors.
With that basic understanding of the services a Managed Security Service Provider may offer, you should be ready to find the best security solution for your company.
But how can you find the best MSSP security? There are MSSP examples all over the Internet. You can find MSSP companies in USA (the United States), UK (the United Kingdom), Canada, Brazil, and several more locations. The different MSSP services are broad too, covering so many cyber security concerns that they all start to sound the same after a while.
As a small business owner, you probably feel lost in all the options. You have the huge responsibility of finding the best cyber security solution to protect your business, but sometimes it’s difficult to discern what MSSP is best equipped to secure your company.
Let us offer you a unique MSSP solution. Trava provides a variety of MSSP services, including risk assessments and vulnerability mitigation tools. But then we go above and beyond MSSP services by offering cyber insurance, to guard your business against the cyber risk no one can eliminate.
If you partner with us, we will perform several detailed vulnerability scans, including scans for external infrastructure, the Cloud, and WordPress. After we have repaired your vulnerabilities, we can provide insurance for the cyber threats you may encounter, including cyber extortion, social engineering, business interruption, and virus transmission.
Alternatively, we can work with Managed Service Providers to expand their service offerings. While they focus on your daily IT operations, we can build your cyber risk management through automated risk assessments, vCISO services, and cyber insurance. MSPs may not have a complete security package alone, but when they join with Trava, your IT department is completely covered from infrastructure management to cyber security.
Contact Trava to learn more about our cybersecurity and MSP solutions.