The Move to Managed Services is Reshaping the Security Market – Here’s How

The information security space is one of the most volatile and unpredictable industries in existence. This isn’t hyperbole. Swarms of new, sophisticated threats emerge each day, and in just the first half of 2018, fewer than 1,000 breaches racked up more than 4.5 billion compromised data records. All it takes is one data breach to sink a business for good. In response, organizations without the necessary security expertise or resources in place are increasingly relying on their trusted managed security providers (MSPs) to help them defend against cyber attacks.

As such, the market is evolving. Security products and services are changing rapidly, with new features designed to fit the managed services model. In a recent guest article for Channel Futures, Himanshu Verma, director of product management at WatchGuard, explores four key trends that every channel organization should keep in mind as the managed services model continues to transform the security industry. Here’s a brief excerpt from the column:

“Automation and Correlation Across Security Services – As service providers invest in tools from multiple vendors, time and cost requirements are driving the need for automation as a primary requirement in the delivery of managed security. Security incident and event monitoring tools are a good example of this. Traditionally these tools have given MSPs detailed insight and visibility into their customers’ IT infrastructure. Translating that visibility into action was left up to service desk ticket handlers or incident responders, rather than the MSP. But more recently, these visibility tools are now offering integrated or built-in automated incident response capabilities as well as security orchestration services. These requirements are challenging the broader security market to enable channel partners with automated remediation and response capabilities closely aligned with threat prevention and detection services. Along with integral automation capabilities, security products leveraging modern correlation and computation techniques through machine learning, artificial intelligence and community threat intelligence are now a clear differentiation in this market as well.”

For more information on how the move to managed services is reshaping the security market, read the full article on Channel Futures. Stay tuned here on Secplicity for the latest security channel insights, and the keys to managed security services success in 2019.