Why the Need for Security as a Service is Rapidly Growing

BY:

Sep 12, 2018

What is your company doing to protect itself against cyber threats? Hiring a security as a service provider may be your best option

As companies become more distributed and cybercriminals evolve, security continues to be a major concern. While some companies have their own in-house cyber-security personnel, more and more companies are looking to Security as a Service as a way to safeguard their assets without the massive financial requirement of handling it all in-house.

Why is Security as a Service in demand?

Cybercrimes are not going away any time soon. In fact, a study from Juniper Research indicates that cybersecurity spending will top $1 trillion dollars from 2017-2021. And you’re mistaken if you think that small to medium-sized business aren’t as vulnerable to cyber-attacks. In fact, Small Business Trends recently reported that 43% of cyber-attacks target small businesses, rather than the massive companies that fund dedicated cybersecurity departments.

Businesses of all sizes can benefit from Security as a Service

With just 38% of organizations polled in a ISACA International survey indicating that they’re ready for a sophisticated cyber attack, it’s clear that companies need to be doing more in the face of growing security concerns. One way that organizations are meeting the challenge is by looking to managed Security as a Service provider.

Below are just a few ways that businesses can benefit from partnering with a dedicated security resource:

Reduce staffing problems

Forbes reports that there will be a shortage of roughly 1.5 million cybersecurity professionals by 2019. Finding and retaining quality cybersecurity talent is going to continue to be extremely difficult. In addition, with the need for cybersecurity personnel on the rise, compensation packages for these individuals will also swell, increasing expenses for companies that continue to manage their efforts in-house.

Cut capital expenditures

CAPEX (capital expenditures) is a term that most businesses executives are all too familiar with. Security infrastructure creates a significant drain on a growing company, which is why security as a service is such a strong alternative.

Managing cyber security in-house requires complex networking as well as expensive software and hardware. With technology changing rapidly, organizations have to be constantly aware of whether a new tool or product on the market will offer better security and should therefore be purchased. By working with a managed security as a service provider, you won’t have to deal with large CAPEX expenses. Instead, you’ll pay a set fee each month that can be budgeted for – and will likely turn out much cheaper when compared to an in-house cybersecurity solution.

Access to top talent

It’s more important than ever that organizations stay on top of the latest cyber threats. By using a managed security provider, you can be confident that you’re hiring a team of experts who are well-trained on the latest tools that protect your business – and the threats that may pose a risk to it.

Are you ready to hire a team of cybersecurity experts?

With little downside and a huge upside – including scalability, affordability, and expertise – it may be time to look at whether hiring a managed security as a service makes sense for your company. CloudHesive has helped countless organizations in South Florida and beyond increase their security posture, while enabling these companies to grow and adapt in a constantly-changing environment.

To learn more about our managed security services, reach out to us at 800-860-2040 or through our online contact form.

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