Businesses today are actively looking for robust cybersecurity protection to keep up with the rapidly evolving cybersecurity landscape.
Many small-to-medium-sized businesses (SMBs) are turning to managed service providers (MSPs) for help. In fact, according to IDC, a division of the research and technology company International Data Corporation, the managed security services market is growing 4 times faster than the market for security products, and IDC does not expect the fallout from COVID-19 to change this trend.
A growing number of SMBs are outsourcing their security services for multiple reasons:
- The Covid-19 pandemic has transformed the way in which we live life and do business. Organizations are restructuring their staff as a result of the economic impacts.
- There are not enough qualified security professionals to meet the demands of staff shortages in the IT department. The cost and burden of training, hiring, and retaining skilled IT staff is the MSP’s responsibility.
- IT staff do not have the capacity to handle new security initiatives on their own (Compliance administration, security budgets, best practices, etc.).
- Businesses spend millions of dollars on security annually, yet cyber attacks continue to occur and the risk of a data breach continues to grow.
Outsourced security has proven to be beneficial for SMBs when MSPs take the right approach. By implementing a Zero Trust model, MSPs can provide a comprehensive yet cohesive security stack that delivers the protection their customers need without the high price tag.
What is Zero Trust Security?
Zero Trust is a security framework that was developed by Forrester analyst John Kindervag in 2010. This approach has grown to become one of the most popular frameworks in cybersecurity today.
Zero trust security blocks everything by default and follows a least-privilege model.
Why Your MSP Should be Providing Zero Trust Security
As applications move to the cloud and break down security perimeters, traditional security approaches like antivirus are rendered obsolete.
Users are accessing applications from all types of devices both inside and outside of the corporate network as businesses spread out across multiple locations. To enforce high-standards of protection and compliance, MSPs need a solution that is dynamic, flexible, and simple.
My MSP Uses Antivirus, EDR, and Other Threat Detection Tools. Why Isn’t This Enough?
Antivirus, EDR, and other threat detection tools only look for threats and suspicious behavior. Therefore, they cannot distinguish between DropBox and a piece of malware disguising itself as genuine software.
For example, in March of this year, a major vulnerability was discovered in Zoom, one of the leading video conferencing software applications on the market, which exposed millions of users.
With the right policies in place, these users could have been protected. The problem is, too many MSPs and IT professionals focus on threat detection and fail to prevent data breaches associated with application vulnerabilities like Zoom.
MSPs who take the time to review which applications are needed by their users, block applications that aren’t needed, and control how permitted applications can behave are enforcing high standards of protection.
Ultimately, the way in which users operate in the complex IT world today is paving the way for a zero-trust approach. If your managed service provider has not already implemented a zero-trust solution, you might want to consider looking for someone new.
Check out this 10-minute demo to learn more about how ThreatLocker’s Application Control enables SMBs to follow the Zero Trust model.