FUTURE
TECHNOLOGY
The rise of
the MSSPs
There are a number of factors driving the growth of
the managed security services market – not least the
ever-evolving cyberthreat landscape. But what are
customers looking for in an MSSP? And why should
they consider adopting this approach to manage their
cybersecurity requirements? Industry experts at
Gartner, eHosting DataFort and Help AG offer their
insights to give the channel a better understanding of
customer requirements and expectations.
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he global managed security services market is expected to grow
at a significant CAGR 6.65% during the period 2018 to 2022
as the scope and its applications are rising enormously across
the globe, according to research from Radiant Insights, Inc. Managed
Security Services (MSS) is termed as a systematic method to manage
an administration’s security needs. We spoke to industry experts about
the sector in more detail to learn about some of the key factors for
vendors, customers and the channel.
RAJPREET KAUR, PRINCIPAL ANALYST, GARTNER
RAJPREET KAUR, PRINCIPAL ANALYST, GARTNER
Why should businesses and organisations consider
using an MSSP?
Demand for MSSPs from enterprises and mid-sized organisations is
driven primarily by a variety of factors as below:
Security staffing challenges and budget shortages: Gartner
sees organisations of all sizes and geographies continuing to be
challenged to attract and afford the appropriate security and risk
management staff. Gartner security and risk management leaders
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continue to report a lack of sufficient
funding and increasing budget pressures
that affect their security monitoring and
operations capabilities.
Better detection and response capabilities
with limited staff: Organisations are
embracing detection and response
capabilities to complement their investments
in preventive security controls. These
organisations are also impacted by the
increasing scarcity (or affordability) of
security operations talent.
These organisations are looking for
MSSPs to act as extensions of their security
staff, instead of adding security head count.
MSSPs can provide these services on a 24/7
basis, allowing customers to devote their
often-scarce internal security resources to
higher-value activities.
Evolving compliance reporting
requirements: Requirements such as