Comprehensive Guide to Managed Network Security: Definition, Services, Pros and Cons

In today's digital age, the importance of robust network security cannot be overstated. With the increasing prevalence of cyber threats, organizations must prioritize safeguarding their networks and data. One solution that has gained popularity is managed network security. This comprehensive guide delves into the definition of managed network security and its pros and cons to help you make an informed decision for your organization.

What Is Managed Network Security?

Managed network security refers to the practice of outsourcing an organization's network security management and monitoring to a third-party service provider, often called a Managed Security Service Provider (MSSP). These providers specialize in delivering end-to-end network security services encompassing threat detection, prevention, and remediation. As a result, organizations can focus on their core business operations while relying on MSSPs to maintain a secure and protected network.

Also read: MSPs vs MSSPs: What is the Difference?

What Does Managed Network Security Typically Include?

Managed Network Security typically encompasses a wide range of services designed to protect an organization's network and data from cyber threats. The exact services offered may vary depending on the Managed Security Service Provider (MSSP), but some common services usually included in Managed Network Security are:

1. Firewall management: Monitoring, maintaining, and updating firewall rules and configurations to prevent unauthorized access to the network.
2. Intrusion detection and prevention: Implementing systems that monitor network traffic for signs of malicious activity, identify potential network security threats, and take appropriate action to prevent breaches.
3. Virtual Private Network (VPN) management: Ensuring secure remote access to the organization's network by managing and monitoring VPN connections and authentication.
4. Anti-malware and anti-virus protection: Deploying, updating, and monitoring anti-malware and anti-virus software to protect against various types of malware, including viruses, ransomware, and other threats.
5. Security Information and Event Management (SIEM): Collecting and analyzing security-related data from various sources to identify patterns, trends, and potential threats, facilitating real-time responses and informed decision-making. Read more about SIEM here.
6. Vulnerability management: Regularly scanning the network for security vulnerabilities and weaknesses, and recommending or implementing patches and updates to minimize risks.
7. Patch management: Ensuring that all software, hardware, and network components are up-to-date with the latest security patches to prevent exploitation by cybercriminals.
8. Data loss prevention (DLP): Implementing tools and policies to detect and prevent unauthorized access, transmission, or storage of sensitive data.
9. Distributed Denial of Service (DDoS) mitigation: Monitoring for and mitigating DDoS attacks by filtering malicious traffic and maintaining network availability during an attack.
10. Security awareness training: Providing training and resources to educate employees about security best practices, common threats, and their role in maintaining a secure network environment.
11. Incident response and remediation: Developing and executing plans for responding to and recovering from security incidents, minimizing damage and downtime.

12. Compliance management: Ensuring adherence to industry-specific data security regulations and standards by implementing and maintaining appropriate security measures.

These services may be offered as a comprehensive package or as individual components, depending on the organization's needs and the MSSP's offerings.

Pros of Managed Network Security

Expertise

1. Access to industry experts: By outsourcing network security, organizations benefit from the knowledge and experience of professionals well-versed in the latest cybersecurity practices and technologies.
2. Knowledge of the latest cybersecurity practices and technologies: MSSPs stay up-to-date on emerging trends and techniques, ensuring that their clients' networks are protected against both known and unknown threats.

Cost-effectiveness

1. Subscription-based services: Managed network security services often operate on a subscription model, making them more cost-effective than maintaining an in-house network security system.
2. Affordability for small and medium-sized businesses: Outsourcing network security enables organizations with limited resources to access top-notch protection without breaking the bank.

Scalability

1. Adapting to growing network security needs: MSSPs can easily scale their services to accommodate an expanding network, ensuring continued protection against evolving threats.
2. Protection against evolving threats: By outsourcing network security, organizations benefit from the MSSP's ability to adapt and respond to ever-changing cyber threats.

24/7 Monitoring

1. Round-the-clock network security monitoring: Cyber threats can occur at any time, making it essential for organizations to have continuous monitoring in place.
2. Protection outside of regular business hours: MSSPs provide 24/7 monitoring, ensuring that organizations' networks remain protected even when the in-house IT team is off-duty.

Compliance

1. Adherence to data security regulations: Many industries have strict data security regulations such as PCI-DSS, HIPAA or SOC-2, and MSSPs are often well-versed in these requirements.
2. Assistance with maintaining compliance: MSSPs can help ensure that an organization's network security measures are compliant with the relevant standards, reducing the risk of regulatory fines or penalties.

Cons of Managed Network Security

Limited control

1. Challenges of relinquishing control over cybersecurity measures: Outsourcing network security may require organizations to give up some control over their cybersecurity measures, which can be a difficult adjustment for some businesses.

2. Adjustments for businesses: It's important for organizations to find a balance between maintaining control and trusting the MSSP to effectively manage their network security.

Dependency on third-party providers

1. Reliability and performance of MSSPs: When outsourcing network security, an organization's protection depends on the MSSP's reliability and performance. Careful evaluation of potential providers is essential to minimize risks.

2. Importance of evaluating potential providers: Organizations should perform thorough assessments, including checking references and reviewing service level agreements, to ensure they choose a reliable MSSP.

Also read: Questions to Ask Your MSP

Data privacy concerns

1. Sharing sensitive data with third parties: Outsourcing network security involves sharing sensitive data with a third party, raising potential privacy concerns.

2. Assessing MSSPs' data privacy policies and security measures: Before engaging with an MSSP, organizations must carefully review their data privacy policies and security measures to ensure that sensitive information remains protected and confidential.

Potential hidden costs

1. Understanding service agreements: While managed network security services are generally cost-effective, organizations must read the fine print of service agreements to avoid unexpected fees or charges.

2. Avoiding unexpected fees or charges: Make sure to clarify any ambiguous terms and conditions in the service agreement, and discuss potential additional costs upfront to prevent surprises down the line.

Managed Network Security: Conclusion

Managed network security offers numerous benefits for organizations, such as access to industry expertise, cost savings, scalability, and round-the-clock monitoring. However, it is crucial to carefully consider the potential drawbacks, including limited control, dependency on third-party providers, and data privacy concerns. By thoroughly understanding the pros and cons of managed network security, organizations can make an informed decision that aligns with their unique requirements and resources, ultimately fostering a more secure digital environment.