Many businesses today don’t consider implementing managed security services to avoid facing extra expenses. However, having a second set of eyes on your current security system ensures maximum ROI in many ways. Looking at the increasing number of cybersecurity cases, every online business is at risk without implementing such services. Additionally, as the technology evolves, it’s important to have a team that relies on updated security measures.

Managed security teams are dedicated to only one goal, which is protecting your organization from potential threats. However, most businesses rely on an in-house security team that may not have enough expertise to take your business out of risk. Therefore, the budget allocated to your local security team results in a waste of resources and finances. Considering this, managed security services allow you to get maximum ROI while minimizing most modern-day threats.

In this guide, you will learn how managed security can ensure ROI.

Why Managed Security is a Better Option?

The reason why most organizations stick to managed security services is to keep their sensitive data out of cybercriminals’ reach. Experts at these managed services have decades of experience and a solid understanding of the trending approaches of cyber criminals. Regardless of your market, these services provide tailored solutions to close all your security gaps. Therefore, they provide businesses peace of mind to run their daily operations without worrying about threats.

Still doesn’t sound promising enough? Let’s find out how managed security services allow you to get maximum return on investment (ROI).

1.      Enhance Existing Security Measures

Managed security services not only help you alleviate potential threats but also improve your existing security investment. They carefully assess your current situation and provide you with solutions accordingly. They find in-depth details such as whether your security controls are optimized or maximizing features of investment.

Additionally, according to a research report, 70% of businesses feel that they have wasted 25 – 100% of their cybersecurity budget. Considering this, businesses opt for managed security services to ensure their current security investments are working as intended. This helps you harden your system security while ensuring maximum ROI.

2.      Cut Down Operation Costs

While security is an important factor for every business to look after, it comes with an extra burden on your finances. Specifically, if you have a large-scale business, it can take a team of 8 to 10 people to monitor 24/7. This results in huge yearly and monthly expenses that every business would want to alleviate.

Additionally, in most cases, organizations are first required to hire and train the staff, which takes up to months for implementation. Fortunately, managed security teams address these concerns by providing you with analysts who have a deeper understanding of the industry. They reduce your operational expenses while ensuring immediate implementation time.

3.      Minimize Unexpected Investments

As these threats grow and new ways are introduced in the industry, they impose inevitable investments on companies. Additionally, the learning curves that come around with new methods require companies to take above 6 months to get ROI. During this period, there is a risk of cyber threats that can’t be alleviated without having the required expertise.

Therefore, relying on your on-site security team or hoping that they will adopt new protective measures isn’t a viable solution. Managed security platforms have industry experts who have decades of experience in quickly implementing required changes. This minimizes the need for resourcing and finances spent on polishing your onsite team skills.

4.      Drive More Clients

This is the actual reason why every business wants to and has to implement security on their network infrastructure. A damaged reputation leads to less business, and your years of hard work diminishes. Specifically, if you specialize in an industry where security is an important factor, you must maintain a strong reputation.

Clients are more likely to do business with an organization that has maintained a clean reputation for years. Therefore, relying on on-site security team expertise that is not self-sufficient may not be an ideal solution. Managed security teams actively monitor your system and secure all the important aspects to help you maintain a positive reputation.

5.      Reduce the Risk of Data Breach

According to an IBM report, the global average cost of a data breach in 2013 was USD 4.45 million, which is 15% more compared to the past 3 years. Additionally, the report states that it can take up to 207 days for a breach identification and more than 73 days to contain. Additionally, the budget spent on finding the cause of the breach is also expensive.

Therefore, preventive services from managed security allow you to respond to a data breach and minimize its negative impacts. These services monitor your services 24/7/365 to look for any suspicious activity and respond to it accordingly. Knowing this, organizations implement managed security services on their network infrastructure to avoid any unnecessary future investments that affect your revenue.

Where Can You Get The Best Cybersecurity Services?

Secure your business from potential threats and ensure maximum return on investment by relying on a team of cybersecurity experts. Actively monitor threats and implement strategies to ensure your business is always secure. Consult now and secure your business without overburdening your finances.