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Rising Complex Data-Driven Scenario Creates Growth Opportunities

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fsby Angela Guess

A new press release reports, “The complexity of network security is increasing due to the growing sophistication of distributed denial of service (DDoS) and the subsequent proliferation of security point solutions. The abundance of security solutions, along with stricter compliance requirements and policies, has stoked the demand for expert security professionals, who are in short supply. In response to this human resource crunch and the need to ensure compliance with data privacy regulations, business and public entities of all sizes are turning to managed security service providers (MSSPs).”

Frost & Sullivan Digital Transformation Vice President of Research Michael Suby noted, “Enterprises are re-evaluating and strengthening their relationships with MSSPs as they recognize the need for advanced analysis engines to process potential incident data from several sources… Additionally, the complicated and potentially conflicting laws and regulations, privacy concerns and possible e-discovery requests are compelling organizations to outsource at least parts of their security functions to MSSPs.”

The release goes on, “The risk management value of MSSPs is very difficult for enterprises opting for a do-it-yourself approach to duplicate. Only the largest of enterprises can gather the range and volume of threat intelligence as MSSPs, effectively process multiple streaming data feeds, and have the security expertise to determine and act on an optimal risk mitigation approach. By building scalable operations, serving customers across multiple verticals, being fluent in security technologies, and staffing with security expertise, MSSPs are well positioned to support organizations of all sizes.”

Read more at Newswire Today.

Photo credit: Frost & Sullivan

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