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Peace of Mind: Managed Cybersecurity Services Explained

Writer's picture: David ChernitzkyDavid Chernitzky

Updated: Jan 7


cyber security consultant, computer security consultant, cybersecurity consulting, cyber security consulting services

Written by David Chernitzky 


This blog aims to help readers understand Managed Cybersecurity Services. These services are key to improving your business's cyber security. They prepare you to handle real-world cyber threats better.

Below, we will outline the benefits and explain how they work. We will also share real-life examples of Managed Cybersecurity Services from our experience at Armour Cybersecurity.


 

Introduction

Businesses of all sizes face challenges in securing their assets and protecting their reputations from sophisticated cyber threats. Small and Medium Businesses (SMBs) are particularly vulnerable, grappling with a global shortage of cybersecurity experts and limited resources. Consequently, many organizations depend on IT generalists who already feel stretched thin.

Another factor is the belief among small and medium businesses that cyber protection costs too much. They also think they are too small to attract attackers.


As a cybersecurity service provider, we understand the difficulties small and medium-sized businesses (SMBs) encounter. They struggle to protect themselves from cyber threats.

Many companies we meet for the first time have suffered attacks. This often happens because they do not understand the risks. They may also lack the right resources and expertise. Some people believe that cybercriminals will not target them because they are too small.

The lesson is clear: cyber security can no longer be an afterthought for SMBs. A cyber attack can greatly harm a small or medium business. It may even threaten the business's survival. A single cyberattack can have devastating financial consequences.

According to IBM's Cost of Data Breach Report 2023, the global average data breach cost is a staggering $4.45 million. This figure doesn't even account for additional costs like reputational damage, lost business opportunities, and potential regulatory fines.


A new service category- managed security services- has emerged in the last decade to bridge this security gap. This umbrella term encompasses various cybersecurity services and solutions offered by third-party providers or MSSPs.


 

What are Managed Cybersecurity Services (MSS)?

 

Managed Cybersecurity Services (MSS) refer to outsourcing an organization's cybersecurity needs to specialized third-party providers known as Managed Security Service Providers (MSSPs). 

 

These services include a wide range of security solutions. They offer a managed security program and 24/7 monitoring. You will get threat detection and response, incident management, and security operations center (SOC) services. 

MSSPs use advanced technology and skilled cyber defense experts. They also rely on current threat intelligence. This helps protect their clients' digital assets, networks, and systems from changing cyber threats. 

 

Does every cybersecurity vendor provide MSSP services? Not really. 

 

The cybersecurity market is very segmented. Many vendors focus on specific areas, but few offer complete solutions. And as a result, organizations feel overwhelmed by having to deal with different vendors. Here is a tip: when you search for an MSSP for your business, find one that meets most of your needs. 

 

You can set up a one-on-one meeting with us. We will explain how Armour Cybersecurity gives you complete protection from any threat. 



Benefits of Managed Cybersecurity Services


One of the key benefits of MSSP is its affordability. MSSP typically enables Small & Medium Businesses to access enterprise-level cybersecurity expertise without expensive resources. The main goal of Manage Security Services is to help clients. They aim to improve security and reduce risks from cyber threats. 

 

Top MSSP Benefits: 

  • Affordability achieved through economies of scale of MSSP 

  • Cost predictability 

  • Proactive approach to cybersecurity 

  • Reducing overhead in vendor management due to vendor consolidation 

  • Access to a pool of cyber expertise 

  • Flexibility on demand to scale up and down the team/support based on the risk level  

  • Almost Immediate cybersecurity capability build-up in the organization 

Keeping defenses up to date is important. Use the latest attack methods and new technologies like Artificial Intelligence (AI). 


What MSSPs really do?


Some MSSPs stand out from others. Good MSSPs should be able to cover the whole lifecycle of your organization's cybersecurity. Typically, this boils down to a combination of services below.    


How can Armour Cybersecurity enhance your cybersecurity posture?


Armour Cybersecurity, a trusted cyber security consultant, has extensive practical experience working with hundreds of clients across diverse industries and geographies. Many of these clients are SMBs facing challenges similar to those outlined earlier: 

  • Overwhelmed by the sheer abundance of cybersecurity technologies. 

  • Lacking access to qualified computer security consultants or cybersecurity professionals. 

  • Rapidly adopting SaaS applications without adequate safeguards. 

After closely observing these issues, we designed a comprehensive managed security service tailored for our clients. This service effectively safeguards their businesses. 

Our mission is simple: to protect what matters most. We ensure your business stays secure.  

 

This lets you focus on growth while we handle your security needs. Our team of cybersecurity consultants takes a complete and active approach. We help clients create cyber-resilience programs. These programs cost much less than the financial and reputational damage caused by cyber breaches, now and in the future. 

 

A robust Cyber Resilience Program typically starts with a thorough review of the organization, encompassing people, processes, and technology. 

 

This assessment provides actionable insights by offering: 

  • Clear visibility into the organization’s cybersecurity landscape. 

  • Identification of gaps in processes and controls. 

  • Recommendations for enhanced compliance with regulations and better risk management related to cyber threats. 

 

We use industry-leading standards, such as the NIST Cybersecurity Framework (NIST CSF), to guide these evaluations. 

The key deliverable is a prioritized roadmap based on business risk. This roadmap helps teams develop practical work plans, ensuring alignment and agreement across the organization. 

 

Through our tailored cyber security consulting services, we empower clients to select and customize solutions that best fit their unique needs, helping them build a resilient and secure organization. 



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Conclusion

In conclusion, Managed Cybersecurity Services provide a strong, flexible, and affordable way for organizations to improve their digital security. This is important in a world with many complex threats. By using the skills of experienced professionals, new technologies, and constant monitoring, businesses can improve their security. This allows them to focus on their main operations. 

 

As cyber threats grow quickly, it is important for decision-makers to review their security measures carefully. Ask yourself this question: Are you ready for cyber threats? 

Can your organization detect, respond to, and recover from a breach? Can you do this without the special knowledge and resources of an MSSP? The answer to this question is very important. It can determine if a business stays successful or struggles in today's digital world. 

 

Don't wait for a cyber attack to be your wake-up call. Take action now. Your future self (and your customers) will thank you. 

 

If you are not sure about the importance of MSSP, listen to what our clients say. They share their experiences with Armour Cybersecurity as their MSSP. 

 

 

 

About Author: David Chernitzky brings over 25 years of cybersecurity experience from the Israeli Defense Forces Intelligence Corps. Under his leadership, Armour Cybersecurity has rapidly grown into a global provider of top-tier cyber protection for small- to medium-sized businesses. David also serves on the Canadian Friends of Sheba board, supporting medical innovation efforts.

 



 

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