A managed security service is the act of contracting with a third-party to monitor and manage a company’s cybersecurity systems. It can include assessing security policies, coordinating firewalls and intrusion detection, directing patch management, and carrying out regular evaluations. It could also involve responding to threats and incidents. It’s not exactly the equivalent of a security operation center (SOC) which is a department within an organization that monitors and responds in real-time to cyber-related incidents.

An MSSP is a less expensive alternative to hiring a full-time cybersecurity expert for your company. This is especially relevant for smaller businesses, such as medical or dental practices or lawyers. Additionally, MSSPs can help authorities in consolidating security services, ensuring the requirements of compliance and reducing risks.

The most reliable managed service providers can safeguard you from sophisticated cyber-attacks. They do this by monitoring network activity, detecting suspicious behavior and anomalies, and deploying multilayered threat intelligence. They can also help your business develop or improve vulnerability management programs and provide support through eyes-on-glass to analyze cyber-related alerts and respond to incidents based on your particular security objectives.

When selecting an MSSP take a look at the price of the provider and the range of services they offer. Ask about their customer reviews and accreditations. Also, inquire about the number of employees they have on staff. Also, think about whether an MSSP can collect and analyze information to detect advanced threats without preexisting knowledge of their behavior by building a baseline of normal user behavior and comparing any new actions against it.