February 5, 2012

Managed Security Benefits

Explore the benefits users and organizations realize through the adoption and implementation of Managed Security. Includes financial impact, organizational benefits and much more.



Growth and Sustainability of Managed Security Services Networks: An Economic Perspective
Multiple benefits that individual firms can derive by using MSSPs:
- Cost savings: cost of managed security service is usually lower than hiring in-house full-time experts. MSSPs are able to spread their investment in infrastructure and people across several clients.
- Staffing: shortage of qualified security personnel puts big pressure on companies to recruit, train and retain their security staff.
- Skills and security awareness: MSSPs have better insight into evolving security threats directly and indirectly because of their focus and wider install base.
- MSSPs can provide objectivity, independence, liability protection, dedicated facilities, and round-the-clock service.
Alok Gupta and Dmitry Zhdanov, Department of Information and Decision Sciences, University of Minnesota

Will Outsourcing IT Security Lead to a Higher Social Level of Security?
"The practice of outsourcing generally allows organizations to focus on activities in which they can most efficiently use their labor resources, while paying other firms to perform functions in which they are less efficient. As discussed in Section 3, outsourcing of certain functions is commonly believed to result in productivity gains (cost savings). Outsourcing IT security to an MSSP has many of the same cost savings or quality improvement benefits as outsourcing other functions; essentially, hiring the same amount of IT security labor at an MSSP should result in higher security per dollar invested or, stated another way, lower cost per unit of security improvement. An MSSP develops an experienced staff that spends all of their time monitoring networks and keeping abreast of new vulnerabilities, new hacker tools, and new security and software products and patches."
Brent R. Rowe, North Carolina State University

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