It has been six months since the global health crisis invoked government-mandated “shelter-in-place.” Yet many organizations that scrambled to standup hundreds of work-from-home offices are…
The threat landscape is constantly changing, and as these changes quickly occur, so do your security challenges. Once upon a time, organizations were limited to managed security services that were strictly involved with firewalls, anti-virus software, and VPNs. However, the demand for more intuitive and proactive security tactics have increased significantly due to the sharp escalation in sophisticated threat actors creating new attack techniques that easily defeat legacy strategies.
With that being said, many organizations still struggle to keep up with the old tried and tested techniques – phishing scams, business email compromise, just to name a few. According to the Verizon 2018 Data Breach Investigations Report, most of these attacks are happening to organizations that are unprepared for potential threats. Of these data breach victims, 58% of those effected were small and medium sized businesses.
Many of these organizations don’t have the expert staff to complete necessary proactive security solutions in-house, nor the budget to hire security professionals. To combat these challenges and ensure a strong ROI, they are turning to managed service providers (MSP) to help minimize business risk. MSPs offer a wide variety of preventative and detective solutions to secure your data and IT infrastructure. Some of these services include managed firewall, content filtering, anti-virus, security monitoring, incident response, vulnerability scans, SIEM (Security Information and Event Management), intrusion detection and much more.
When you are considering using an MSP for managed security services, you might need to weigh the economic benefits of outsourcing these functions. Here are three in-house costs to consider when making the ROI case for managed security services:
Do you have the budget to hire and train security professionals? The average US base salary for an IT security administrator is $80,000, according to salary.com; and that’s without taxes, benefits, and training. However, that is only one piece of the puzzle. You also have to consider what hours you require security coverage. Most organizations need multiple administrators to have 24/7/365 coverage. If you decide that you don’t need total coverage, what will you do if a security event happens in the middle of the night?
An MSP has trained professionals on staff 24/7/365 that are continually monitoring and managing your environment for security events. If an event occurs, they instantly work to eliminate the threat before compromise occurs – no matter what time of the day. Sometimes, just being able to save on internal staffing costs is the biggest reason to justify moving to an MSP.
There are so many different types of security tools on the market and they all have different functionality. It is paramount that you are using tools that are up-to-date, have deep integrations, and have wide functionality. Within budget, you may not always get the product with the right capabilities for your organization. A key advantage to working with an MSP is that they are already utilizing the most innovative security tools on the market. Additionally, they have already invested in SOC (security operations center) environments, alleviating the need for customers to make investments in a data center or monitoring facility.
There are mandatory compliance regulations for all industries and many organizations struggle to know what rules they need to be following. MSPs are reliable, responsive and cost-effective assets to deploy that can improve certain controls required for compliance mandates. They are required to stay current on mandates internally and, because of this, they have a strong knowledge on the proper data security policies, framework, and reporting. They know exactly what responses to take in the event of an attack, and can supply activity logs, reporting, and audit logs to ensure you are always compliant.
With an MSP, like Magna5, you have access to certified engineers, market and industry experience, responsive customer service, and robust security expertise. Some of these qualities are just simply unattainable when it comes to in-house security functions. As IT budgets continue to be under pressure and companies need to maximize the value of all their investments, an MSP can help you achieve a strong ROI for your managed security services.
Webinars are not immune to cyber attacks. Here are steps you can take to prevent cyber attacks from occurring during webinars.
Developing a disaster recovery plan is essential to protecting your business from the unexpected. But many businesses fail to account for critical areas during their planning …
Cyberbullying is growing … but you can fight back. Here are five tips to protect your business reputation and brand while keeping cyber trolls at bay.
The threat landscape is constantly changing, and as these changes quickly occur, so do your security challenges. Once upon a time, organizations were limited to managed security services that were strictly involved with firewalls, anti-virus software, and VPNs. However, the demand for more intuitive and proactive security tactics have increased significantly due to the sharp escalation in sophisticated threat actors creating new attack techniques that easily defeat legacy strategies.
With that being said, many organizations still struggle to keep up with the old tried and tested techniques – phishing scams, business email compromise, just to name a few. According to the Verizon 2018 Data Breach Investigations Report, most of these attacks are happening to organizations that are unprepared for potential threats. Of these data breach victims, 58% of those effected were small and medium sized businesses.
Many of these organizations don’t have the expert staff to complete necessary proactive security solutions in-house, nor the budget to hire security professionals. To combat these challenges and ensure a strong ROI, they are turning to managed service providers (MSP) to help minimize business risk. MSPs offer a wide variety of preventative and detective solutions to secure your data and IT infrastructure. Some of these services include managed firewall, content filtering, anti-virus, security monitoring, incident response, vulnerability scans, SIEM (Security Information and Event Management), intrusion detection and much more.
When you are considering using an MSP for managed security services, you might need to weigh the economic benefits of outsourcing these functions. Here are three in-house costs to consider when making the ROI case for managed security services:
Do you have the budget to hire and train security professionals? The average US base salary for an IT security administrator is $80,000, according to salary.com; and that’s without taxes, benefits, and training. However, that is only one piece of the puzzle. You also have to consider what hours you require security coverage. Most organizations need multiple administrators to have 24/7/365 coverage. If you decide that you don’t need total coverage, what will you do if a security event happens in the middle of the night?
An MSP has trained professionals on staff 24/7/365 that are continually monitoring and managing your environment for security events. If an event occurs, they instantly work to eliminate the threat before compromise occurs – no matter what time of the day. Sometimes, just being able to save on internal staffing costs is the biggest reason to justify moving to an MSP.
There are so many different types of security tools on the market and they all have different functionality. It is paramount that you are using tools that are up-to-date, have deep integrations, and have wide functionality. Within budget, you may not always get the product with the right capabilities for your organization. A key advantage to working with an MSP is that they are already utilizing the most innovative security tools on the market. Additionally, they have already invested in SOC (security operations center) environments, alleviating the need for customers to make investments in a data center or monitoring facility.
There are mandatory compliance regulations for all industries and many organizations struggle to know what rules they need to be following. MSPs are reliable, responsive and cost-effective assets to deploy that can improve certain controls required for compliance mandates. They are required to stay current on mandates internally and, because of this, they have a strong knowledge on the proper data security policies, framework, and reporting. They know exactly what responses to take in the event of an attack, and can supply activity logs, reporting, and audit logs to ensure you are always compliant.
With an MSP, like Magna5, you have access to certified engineers, market and industry experience, responsive customer service, and robust security expertise. Some of these qualities are just simply unattainable when it comes to in-house security functions. As IT budgets continue to be under pressure and companies need to maximize the value of all their investments, an MSP can help you achieve a strong ROI for your managed security services.
Webinars are not immune to cyber attacks. Here are steps you can take to prevent cyber attacks from occurring during webinars.
Developing a disaster recovery plan is essential to protecting your business from the unexpected. But many businesses fail to account for critical areas during their planning …
Cyberbullying is growing … but you can fight back. Here are five tips to protect your business reputation and brand while keeping cyber trolls at bay.
It has been six months since the global health crisis invoked government-mandated “shelter-in-place.” Yet many organizations that scrambled to standup hundreds of work-from-home offices are…
“I’m about to go ballistic! Our SLAs are falling short. We’re experiencing more frequent network downtime. Our vendor is monitoring and sending us alerts but…
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Recently, the Enterprise Networking Magazine’s editorial board selected Magna5 as one of its Top 10 SD-WAN Solution Providers for 2020. The magazine evaluates and selects…
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Driving Responsiveness – Agility Series (Part Two) During a business downturn, it is important to go beyond just surviving and position your organization as a…
Driving Responsiveness – Agility Series (Part One) Rather than tapping the brakes during the COVID-19 business lockdowns, many organizations are accelerating growth by reaching out…
It has been open season for cyber threat actors targeting organizations’ endpoints during the COVID-19 epidemic. With a large percentage of employees now working from…
By 2025, contact centers will morph into experience hubs and how they perform will be placed more clearly within the context of the overall performance…
Every day, cyber criminals bombard networks with phishing emails or social engineering enticing users to give up confidential information. Examples include trying to trick you…
With the rise of the remote worker operating model, it doesn’t take long to discover that a distributed workforce depends upon high network performance and…
It is bad enough that cyber criminals relentlessly breach organizations’ networks with malware and ransomware to hold their data hostage. Now they are going a…
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The ripple effect of a major global health crisis can have a profound impact on organizational operations. As we’ve seen with the recent coronavirus outbreak,…
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SD-WAN in healthcare is changing how hospitals, medical offices and clinics care for patients. Here are four ways healthcare organizations are reaping the rewards. SD-WAN…
Federally Qualified Health Centers are community-based health care providers who provide a vital link to primary and preventive healthcare services in underserved communities. Dependable communications…
We’ve heard the saying: “Expect the unexpected.” But do businesses really take it seriously? Last October, weathermen cautioned residents in the Dallas area of pending…
In our last two blog posts, we discussed how to “OWN IT” and “SECURE IT.” Today, continuing our National Cybersecurity Awareness Month series, Be Cyber…
The Federal Communications Commission (FCC) is working on final rules to enable true national number portability on a nationwide basis. When implemented, it will enable complete national number porting…
Imagine getting to work and seeing an invoice from your voice provider that your company ran up a $122,000 phone bill in a single weekend!…
By 2021, a new business will be victimized by ransomware every 11 seconds. Even with strong security controls in place, your organization still has a…
Toll-free least cost routing helps organizations find the best path between caller and destination at the lowest available cost. Here’s why it matters. Toll-Free…
SD-WAN with Magna5 offers three popular deployment models to fit the needs of your organization – on-premises, hybrid and cloud application. Software-Defined WAN (SD-WAN) is…
Roughly 40-60% of midsize businesses never reopen after a disaster. But, with the right disaster recovery and business continuity plan in place, the damage can…
Over the past five years, security breaches have increased by 67%, according to Accenture’s global survey. Traditional security is in trouble. As threat actors deploy…
An effective IT monitoring and management strategy helps organizations protect precious uptime to eliminate downtime situations. Every company’s network and server structure are different. Some…
SD-WAN is revolutionizing networking by improving how businesses connect. But before hopping on the SD-WAN train, you need to decide whether you want to manage…
Healthcare providers are finally hopping on the managed SD-WAN train – and telehealth is driving it. In this post, we’ll look at five ways s…
If you’ve ever seen your area code on the caller ID, only to be greeted by a pre-recorded voice message promising to erase your credit…
SD-WAN is the new buzz word these days. Do you fully understand how it can positively impact your business? Managed SD-WAN can bring benefits and…
As you see in the video, sometimes network complexity can make you want to go back to the antiquated days of pen and paper. However,…
Deliver high quality voice and application performance over SD-WAN for your employees, nationwide. Organizations utilize Unified Communications to bridge the gap between multiple locations and…
Every organization is liable for the information it keeps. In a data-driven world, company records and information are everywhere … in servers, in storage, on…
Traditional WAN is out of date. SD-WAN can make your network agile and efficient with the cloud. Almost every IT and business leader today is…
Simplify your branch office network with optimized application performance using SD-WAN Today’s enterprise IT has become more sophisticated and bandwidth intensive, creating a complex and…
Companies are increasingly moving IT workloads to the cloud, but are they doing it at the risk of exposing themselves to a data breach? Multiple…
Lots of companies are moving IT workloads to the public cloud, but is this the right strategy for your business? I’m sure you’re aware by…
Disasters hit every organization sooner or later. The cloud, combined with reliable partners, makes recovering from disasters easier than ever before. Disasters have a tendency…
Simplify your Enterprise communications with Unified Communications as a Service (UCaaS) in the cloud. Enterprise businesses are constantly struggling with communication challenges. Traditionally, business phone…
Secured business communications mean better connections to your customers. UCaaS (Unified Communications) ensures your security with features like encryption, business continuity, and 24/7/365 support. Security…
Improve customer satisfaction and the customer experience with a hosted UC and Cloud Contact Center solution. One of the many exciting things happening at Magna5…
Managing your network can be hard, but it doesn’t have to be – that’s why Magna5 now offers Cloud Managed Network. Experience feature-rich benefits and…
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A fast, flexible data recovery system not only saves thousands – it could save your business. Business Data Loss can be the result of anything…
Businesses today either evolve or get left behind. We see organizations of all sizes that were once successful, now losing customers because they have not…
As business pushes the limits of IT availability, productivity and efficiency, the importance of reliable IT operations continues to be apparent. Small- and medium-sized organizations…
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