14 Aug
2024
Highlights:
For small and medium enterprises, managing IT security can often be difficult due to limited resources and expertise. IT Security as a Service (SECaaS) gives innovative solutions on a subscription basis, empowering SMEs to access cutting-edge security technologies and expertise without the huge costs associated with maintaining an in-house security team. These providers offer a range of security solutions that include threat detection, vulnerability management, compliance monitoring, and incident response. Having addressed a major concern, this support system motivates the SMEs to focus on their business expansion strategies with confidence.
Cost-effective solutions and scalability with minimal complexity
Typically, cybersecurity solutions require a sizeable framework of hardware, software, and skilled personnel investments. Security as a service industry providers set scalable pricing models that allow businesses to pay only for the services they use. For example, Amazon Web Services (AWS) has various security services such as AWS Shield (DDoS protection), AWS WAF, and AWS GuardDuty (threat detection). Azure Security Center has a ‘pay-as-you-go' pricing model. Here, costs are based on the number of resources and services being protected, allowing SMEs to manage their budgets more effectively while still gaining access to high-quality security solutions.
Moreover, SECaaS simplifies this process by consolidating various security functions into a single service. This integration reduces the need for multiple vendors and interfaces, organizing security management and allowing SMEs to focus on their core business activities. SECaaS also has the flexibility to scale security measures in line with business growth. It guarantees that security measures remain aligned with the organization’s size and intricacies. Cisco Umbrella’s cloud-delivered security solutions, including DNS-layer security and threat intelligence, were integrated to boost Zoom’s cybersecurity measures in 2019. The partnership assisted Zoom to effectively manage its growing security needs while maintaining flexibility and cost efficiency, as the platform scaled rapidly and faced increasing security demands during the pandemic.
Expertise management and 24/7 support help to monitor threat
Modern cyber threats are becoming more sophisticated with time, making proactive threat management more essential than ever. SECaaS supports advanced threat detection and response capabilities, including real-time monitoring, threat intelligence, and incident response. These services help SMEs continuously analyze network traffic and identify potential threats, thereby addressing vulnerabilities before they result in significant damage. Cyber threats do not adhere to a 9-to-5 schedule, which means SMEs require round-the-clock monitoring and support. SECaaS makes sure that any suspicious activity or potential breaches are promptly addressed. Constant vigilance helps minimize downtime and reduces the risk of security incidents. In 2020, Zix Corporation partnered with Sumo Logic to better its security operations with continuous monitoring and support. Sumo Logic’s cloud-native security analytics and SIEM solutions were implemented to provide 24/7 monitoring and threat detection.
Improved compliance focusing on core objectives
SECaaS often offer compliance monitoring and management as part of its services. They assist SMEs in adhering to regulations such as GDPR, HIPAA, or PCI DSS by implementing and maintaining the necessary security controls and conducting regular audits. Moreover, the suppliers stay updated about the latest developments and continuously update their solutions to counteract new threats. SMEs gain from the most current security technologies and practices without needing to manage updates and patches themselves. They allocate more resources and attention to their core business functions, outsourcing IT security to a SECaaS platform. HubSpot, a leading CRM and marketing software company, partnered with IBM Security in 2021 to use its Managed Security Services (MSS). IBM Security provided HubSpot with comprehensive threat detection and response capabilities.
With the conviction that their security needs are being managed by experts, business owners and employees can concentrate on growth, innovation, and customer service without being bogged down by security concerns. In the security breach attack, having a well-defined incident response plan is essential. SECaaS companies often include incident response and recovery services as part of their offerings. They can quickly mobilize resources to address and mitigate the impact of a breach, helping SMEs recover faster and minimize damage to their reputation and operations. DocuSign, a prominent e-signature, and agreement cloud company, partnered with CrowdStrike in 2021 to integrate its Security-as-a-Service (SECaaS) solutions, including advanced incident response and recovery services. CrowdStrike provided 24/7 monitoring and rapid incident response capabilities. This allowed DocuSign to quickly mobilize resources in the event of a security incident, effectively mitigating any breaches.
Summing up
For small and medium enterprises, IT security as a service offers a valuable solution to address the complications of modern cybersecurity. SMEs protect their sensitive information, confirm compliance, and focus on their core business goals, using cost-effective, scalable, and expertise-driven benefits of SECaaS. Moreover, 24/7 monitoring, proactive threat management, and access to the latest technologies help to build a strong framework. Thus, taking SECaaS support can be a strategic move toward achieving stronger security and operational resilience.
For more tips and business insights related to information technology security as a service industry’s prospects, connect with our experts now!
Koyel Ghosh
Authors Bio- Koyel Ghosh is a blogger with a strong passion and enjoys writing in miscellaneous domains, as she believes it lets her explore a wide variety of niches. She has an innate interest in creativity and enjoys experimenting with different writing styles. A writer who never stops imagining, she has been serving the corporate industry for the last five years.
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