| | NOVEMBER - 2020ENTERPRISE SECURITY6The constantly changing threat landscape makes a robust security program a moving target. But defenders aren't standing still -- from advanced artificial intelligence (AI) to real-time threat detection and adaptive risk protection, cybersecurity services are evolving to offer IT teams the breadth of knowledge and depth of functionality they need to rally against emerging risks.This has resulted in a dire need for a well-defined IT security posture to fight the existing and emerging threats growing at a high rate. Meanwhile, despite many industry advancements, managing security posture remains to be critical for most organizations, majorly due to lack of skilled security experts, supporting staff, and related investment. These challenges, backed by the shortage of skilled security personnel globally, are pushing companies to look at managed service providers for their security requirements.Managed security service providers (MSSPs) can be an invaluable resource for businesses that want to maximize their network security, but don't have the resources to build a large cybersecurity team internally. Offering the cost advantage of pay-as-you-go model, 24/7 management, fast response time and complete ownership of network performance and management, cloud-based MSS has emerged as a preferred model for organizations. In 2020, the multi-tenant cloud model gained further popularity due to its advantages of providing wider security, 24x7 support and access to skilled security professionals at a much lower price point.SMBs which generally have budget constraints and organizations with comparatively lower compliance requirements continued to tap into the advantages offered by this model. On the other hand, verticals dealing with sensitive customer data (banks, telecoms, etc.,) and strict compliance requirements were looking at co-managed model. Another key factor that contributed to growth of cloud-based services is the fact that cloud environment allowed organizations future-proof their data centers to be prepared to easily accommodate changes in technology. Ability to scale up and down security services was another big plus of cloud-based managed security.With new cyber threats emerging every day and the stakes getting higher, MSS providers are active on delivering innovative offerings. More and more organizations are looking to partner with MSSPs that offer customized managed services and model designed to meet an organization's data protection, compliance and IT security requirements.The Dire Need for Managed SecurityEditorialRussell Thomas Managing Editor russell@enterprisesecuritymag.comNOVEMBER - 02 - 2020, Volume 06 - 21 Published by ValleyMedia, Inc. ISSN 2691-4034To subscribe to ENTERPRISE SECURITYVisit www.enterprisesecuritymag.com Copyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Managing EditorRussell ThomasEditorial StaffAaron PierceAlex D'SouzaAva GarciaJustin S GonsalvesJoshua ParkerSurajit Narayan DekaVisualizersIssac GeorgeSalesAlena D'Souzaalena@enterprisesecuritymag.comContact Us:Phone:510.757.1040Fax:510-894-8405Email:sales@enterprisesecuritymag.comeditor@enterprisesecuritymag.commarketing@enterprisesecuritymag.com*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
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