Why a Managed Security Service Provider (MSSP) for Small Business is Essential

A managed security service provider serves a vital role for small businesses. By tapping into an outsourced solution for cybersecurity needs, many businesses can unlock stronger resilience in today’s chaotic digital environment. Certainly, a MSSP for small business should be thought of as a necessity — not a luxury that can be ignored. 

No business, especially those classified as ‘small,’ can afford to ignore cybersecurity. The risk is simply too high. According to Verizon’s 2022 data breach report, 61% of all small to mid-sized businesses reported at least one cyber attack during 2020. Due to the cost associated with responding to a data breach or other security incidents, 60% of small businesses go out of business within six months of falling victim to a substantial cyber attack.  

SMBs are particularly vulnerable to cyber attacks because of several factors. Due to their size, they often lack internal IT staff or resources devoted to providing security. Those same constraints are also in place when it comes to installing the latest technology or expertise in addressing new trends or threats. And their perimeter has expanded substantially in recent years due to the rise in reliance on cloud services and remote (or hybrid) work schedules, leaving an expanded attack surface to exploit. 

But by partnering with a MSSP, small businesses can tackle these challenges head on and improve their stability and resilience. Let’s diagnose five key benefits a MSSP delivers for small businesses.  

Stay Ahead of Threats: Talk to one of our experts to begin adding tailored security solutions paired with innovative technologies to safeguard your business.  

How a MSSP for Small Business Improves Outcomes 

Managed security service providers keep your security up to date, while also removing or streamlining the labor needed to keep running and robust. MSSPs are security specialists, with expertise across every aspect of cybersecurity, from managed detection & response to autonomous penetration tests and much more. They present smaller organizations with options in building a better cybersecurity framework and infrastructure with access to modern products and services tailored to their specific needs.   

This pays off for SMBs in a number of ways. 

Cost 

It’s more efficient for SMBs to invest in an outside relationship than to build out an internal team on their own. The price to hire cybersecurity experts will run into six figures, putting one staff member — let alone an entire team — out of reach for most organizations. Ignoring security is no answer either, as the costs to remedy a cyber attack are also extremely taxing. A MSSP provides an answer with more affordable options that will improve your overall profile. 

Improved Protection 

A strong MSSP partner will actively monitor and defend your network, storage, and applications. You expect continuous (24/7) coverage and a host of available services. These can include specific and more advanced solutions, like the aforementioned detection & response and pen testing, and also more foundational security elements like instituting multifactor authentication, email encryption, and next-gen networking hardware and antivirus tools. 

Integration Assistance 

Because internal IT resources are often limited, MSSPs can be tasked with handling the integration of security services as well. Fitting a custom suite of services and products to the client’s existing infrastructure and needs will ensure the protection sought will work as intended. 

Compliance Management 

MSSPs help small businesses manage ongoing security concerns outside of potential cyber attacks as well. These can run from risk assessments and security audits to deciphering how your current controls stack up against those mandated by government entities or industry standards. Managing compliance is necessary, but when outsourced can free up internal resources. 

Additional Expertise 

MSSPs are up-to-date on the latest industry standards, trends and tools. They have direct relationships with the tech vendors that are providing cutting-edge solutions designed to meet emerging threats. With these relationships, smaller companies get access to the best and latest technology available.  

What the Non-Tech CEO Needs to Know: In a dangerous digital environment, there are many things CEOs should know about security. Discover five critical components here.  

Inversion6 Brings MSSP to Small Businesses 

For decades, Inversion6 has provided risk management solutions powered by our carefully selected team of skilled cybersecurity professionals. We work as an extension of your own team and bring the full weight of our extensive MSSP services to leverage additional protection for your organization. 

Our Secure Operations Center delivers a five-point plan of attack to cover all your vulnerabilities and allows you to focus on doing what you do — and not what threats are lurking 

• Detection — Monitor endpoint behavior and other systems for improved visibility. 

• Analyze — Staffed 24/7/365 by badged employees that use threat intelligence, behavioral analysis, and other indicators to validate threats. 

• Response — Reduces mean-time-to-remediation and prevents dwell time and potential lateral movement. 

• Post-Incident — Provides leadership and direction on how better to prevent incident activity, lowering risk and impact. 

• Communication — We don’t operate in a vacuum. Communication is constant to provide the best experience possible. 

Want to learn more about why we’re the right MSSP for small business? Connect with our team today to begin securing your business.