Why Businesses Should Adopt Managed Cloud Security Services

Overview

The terms Digital Transformation and Cloud Migration have become increasingly popular as many businesses worldwide are leveraging these technologies to increase operational efficiency, improve their business capabilities, add more flexibility, and ultimately enhance customer experience.

According to Gartner, the average cost of downtime could be as costly as $5600/minute.

While cloud adoption is prevalent among various businesses, security is still a key concern for many businesses. Companies often see security as the biggest hindrance to a digital transformation journey, but it can be its greatest accelerator. When a business is on a digital transformation journey, security is one aspect that must be incorporated at each layer of the cloud. Yet, many firms wait until a cyber-attack occurs before implementing a solid security system.

(Read: Is Cloud Adoption Really Secure?)

What is Cloud Security Managed Service, and how can a business benefit from it?

Monitoring and developing a solid security system requires continuous effort and attention to remain effective. Managed cloud security service provides 24/7 management, security monitoring, automation, reporting, and technical support to a business.

There are various potential issues with not having a solid security system in place. Some of them are:

• Operational Inefficiency: Not having good security makes an enterprise prone to cyber-attacks which causes downtime. Thus, business productivity is affected.
• Extremely Costly: A lot more is suddenly at stake as a business moves its entire operations to the cloud. Hence, security breaches become more expensive as operations move to the cloud.
• Harm a Company’s Image: It is difficult to re-establish consumer trust after a security or data breach.
• Regulatory Compliance Challenges: The absence of a comprehensive and robust cloud security system may also lead to regulatory compliance challenges.

Using managed cloud security services helps deal with all of the abovementioned issues. Also, it allows a company’s internal IT team to remain focused on new business initiatives while an external experienced security team handles all aspects of providing enterprise-grade cloud security. Setting up an in-house IT security team is more costly and risky than working with a professional managed cloud security services company. Software licensing, staffing, implementation expenditure, hardware, and administration costs are all associated with managing cybersecurity in-house. Outsourcing cloud security to an expert security provider gives the IT team the flexibility to help businesses be more economical. All the costs and maintenance required for successful security can be overwhelming and managed security services relieve a business of the burden of managing cloud security.

What are the Advantages of Managed Cloud Security Services?

Migrating to the cloud requires a robust security system to protect against new-age cyberattacks. Whether an enterprise uses a private, public, or hybrid cloud environment, cloud security solutions are essential for supporting business continuity.

These are the advantages a business avails from a robust cloud security system:

• Business Continuity and Disaster Recovery (BCDR): Data recovery (especially Critical data), Backup processes, Testing, recommendations for deployment, and maintenance are all included in a good managed cloud security Services plan. The Business also gets uptime assurances, which add a lot of value. A competent managed cloud service provider will also have a BCDR in its plan, which ensures that services are supported in the case of a disaster according to the SLAs (Service level agreement).
• Automation: After an enterprise has opted for managed cloud security services, there is less need for human involvement after the security configurations are set up. This reduces the amount of time spent monitoring security and lowers the risk of human mistakes.
• Overcome Business Specific Challenges: A managed cloud security service provider can help businesses make smart and effective decisions. Their diverse experience, gained through many successful client projects in various industries, enables them to develop and implement robust solutions quickly. This helps keep the cloud infrastructure secure, meet industry compliance requirements, and respond to the unique challenges of the cloud computing service platform.
• Accelerate Innovation: Outsourcing security from a managed cloud security provider can give flexibility to the IT team. They can focus on their projects and efficiently use their resources and capabilities to focus on what they do best- innovate and solve problems.
• Cost-Effective: While managed cloud security services may seem like an expensive choice at first, they pay dividends in the long term by employing vast knowledge and ability that is not always available in-house. Furthermore, cloud security services will protect workloads and data and save money by avoiding the expenses of a data breach.
• Overcome Compliance Challenges: Adhering to security regulations and compliances will help secure data and avoid expensive fines. Through automatic upgrades, timely patches with almost no downtime, managed cloud security services increase data security and maintain regulatory compliance.

What are the major security services offered in the cloud?

Security-as-a-service (SECaaS) is a rapidly growing field that complements the traditionally managed security service provider by providing cybersecurity services.

9 of the major security services offered are:

• Identity and Access Management (IAM)
• Data Loss Prevention
• Web Security
• Email Security
• Security Assessments
• Intrusion Management
• Security, Information and Event Management (SIEM)
• Encryption
• Network Security

Bottom Line

Managed cloud service providers help establish a solid security system for a digital business. In addition, they help a company become more flexible by providing additional scalability, pooled resources, and self-servicing options. Greater agility may lead to faster time to market for new goods and updates and quicker deployments.

Any cloud computing service must have adequate security. The hazards of security breaches or cyber-attacks are increasing as more businesses transfer their critical data online and into the cloud. Meeting stringent security and compliance standards and following smart security practices are all part of maintaining a responsible cloud presence.

Hughes Systique assists businesses in adapting to a cloud environment using practical knowledge of multi-vendor clouds such as AWS, Google, and Azure. Thus, helping achieve scalability and successfully transition into a rapidly changing business environment.