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Top Signs You’ve Outgrown a Traditional MSSP (and the Solution)

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Historically, organizations have turned to managed security services providers (MSSPs), with their breadth of expertise and resources, to address key security requirements, including security technology implementation and basic management.

Legacy MSSPs, however, typically aren’t well-positioned to offer advanced security operations center (SOC) capabilities for threat detection and response. For example, legacy MSSPs are often limited to basic services, such as:

  • 24/7 remote monitoring and managing of firewalls
  • Endpoint detection and response (EDR) solutions
  • Virtual private networks and intrusion detection systems (IDS)
  • Alerting on basic events

Because of these limitations, many organizations have outgrown traditional MSSP offerings. Here are some of the top signs you’ve outgrown a traditional MSSP:

  • Onboarding of the data sources important to you is taking too long and is expensive.
  • You lack visibility into the rules that are applied to the data that’s being ingested and monitored.
  • Your in-house team is drowning in low-value alerts received from the MSSP.
  • The MSSP lacks the technology required to fully and effectively leverage your data sources for threat detection and response.

How SOC-as-a-Service Addresses MSSP Frustrations

Because a SOC is so critical for today’s enterprises, organizations are looking for more robust managed security, which has sparked the evolution of SOC-as-a-Service (SOCaaS). In addition to covering some of the basics offered by MSSPs, SOCaaS delivers essential, advanced services and access to highly trained in-house experts who operate as a true extension of your IT or security team with a pay-as-you-go, subscription-based model. 

Specifically, a SOCaaS provider will feature these seven attributes:

  1. A modern, cloud-native, next-generation SIEM
  2. Data expertise, including data science, machine learning and automation, augmented by human intelligence
  3. Highly-trained experts, including data scientists and engineers, analysts, threat hunters, and threat researchers
  4. Visibility into the threat detection and investigation process
  5. Active response when a security incident is uncovered
  6. High-quality service, including technology, Service level agreements (SLAs), and communications
  7. Rapid time to value, as SOCaaS can be fully operational in as little as one month

By combining these attributes, SOC-as-a-Service enables you to detect, investigate and respond to advanced cyber threats and to have your own world-class 24/7 SOC without the high costs, complexity, and challenges that come with building, staffing, and operating one.

In 2020, 80% of surveyed IT and security practitioners said their SOC was essential, according to the Ponemon Institute, “Second Annual Study on the Economics of Security Operations Centers.” By thinking beyond traditional MSSPs, security leaders can elevate their defenses by considering SOCaaS, an outsourced service built for today’s organizations and security threats.

For a more in-depth look at this topic and the value that SOC-as-a-Service provides, download our white paper: “7 Key Attributes of SOC-as-a-Service and How It Differs from Traditional Managed Security Services.”