Maintaining a strong cybersecurity posture is a significant challenge for most businesses. With complex cyberattacks becoming more common, all businesses are at risk of falling victim. To reduce this risk, businesses typically implement new technologies that focus on prevention, detection, and remediation.
However, this technology alone will not prevent a cyberattack, it will need to be supported by skilled security professionals. Many businesses choose to outsource this to a trusted third party to ensure their business is as safe as possible. In this article, we will discuss 5 reasons why businesses should outsource their cybersecurity.
Access to experienced professionals
Many businesses rely on their in-house IT teams to manage their infrastructure, as well as their cybersecurity. Depending on the size of the company, and the workload of the IT department, this can be an overwhelming task. This can then result in a poor security posture and an overworked team. This is made harder as there is a cybersecurity skills shortage. This makes it difficult for businesses to employ experienced cybersecurity professionals.
When a business outsources their cybersecurity to a trusted third party, they gain access to a team of cybersecurity specialists. Their experience ensures they will be able accurately find and plug gaps within a business’s security posture. And most importantly they are aware of the current cyberthreats, and the best way to avoid them.
Reduce costs
For businesses of all sizes, employing a new security professional or training an existing employee can be extremely expensive. For smaller businesses, it can sometimes be difficult to justify having an employee that is dedicated solely to security. In addition to the cost of employing or training someone, a business will still need to pay for cybersecurity technologies.
Whereas if a business outsources its cybersecurity, the cost is typically a fixed amount per month. This includes the technology, as well as access to the team of cybersecurity professionals. Whenever a business is considering the cost of outsourcing security, they should also consider the average cost of a cyberattack. Looking at the cost to the business if this was to happen can help estimate the return on investment.
Decrease workload for in-house IT teams
If your business has an in-house IT department, it is highly likely they already have a full workload maintaining the IT and assisting with support requests. This often leaves them with insufficient time to work on the perfect security solution, or threat monitoring.
With outsourced cybersecurity, the third-party provider is responsible for the planning, implementation and monitoring of a cybersecurity solution. This gives in-house IT departments more time to spend providing IT systems that help grow the business and provide better experiences for other employees and customers.
Improved incident response time
After a business falls victim to an attack, it is imperative that they respond quickly to reduce further damage and limit downtime. If a cybercriminal enters a network or system during the weekend, an in-house IT team may not notice until Monday morning. This will give the threat actor enough time to move laterally across a network and inflict even more damage. For example, it only takes 18 minutes for Russian nation-state hackers to move across a network.
Many cybersecurity providers offer 24/7 protection, detection and remediation to ensure that regardless of when an attack occurs, there is someone ready to swiftly take action. This is also a more cost-effective method of around the clock protection, as it would be extremely expensive to hire an internal team to work throughout the nights and on weekends.
Access to advanced technologies
There are many cybersecurity technologies out there which are designed to fulfil specific roles, including endpoint protection, email protection, autonomous detection, and many more. For an in-house IT department, they will not have experience with all of these advanced technologies, and it would be too costly and time-consuming to provide training for all solutions.
If a business chooses to outsources their cybersecurity requirements, they will be protected by a team of professionals that have experience in the cybersecurity technology. As this team live and breathes cybersecurity, they will also be able to accurately provide insights into which technologies are worth a business investing in.
Looking to outsource your cybersecurity?
In 2022, all businesses need to invest in cybersecurity, before it is too late. There are many advanced threats out there that most in-house IT departments are not prepared or able to defend against. For this reason, it is logical for businesses to outsource their cybersecurity to a trusted third-party provider. To find out more about how we can keep your business safe, contact us today.