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June 6, 2024

Debunking the Myths of Managed Security Service Providers (MSSPs)

Chris Brodeur Chris Brodeur

Picture this: You're leading your company's cybersecurity efforts, juggling everything from threat detection to compliance issues. It's a tall order, and you’re considering partnering with a Managed Security Service Provider (MSSP) to lighten the load. Or maybe you’re hesitant about collaborating with an MSSP. Either way, you've probably heard some mixed reviews. This discussion cuts through the noise to dispel some of the biggest myths surrounding MSSPs. These myths can cloud your judgment and lead to missed opportunities, so let's set the record straight.

Here are nine myths commonly associated with MSSPs, how these misconceptions can limit your organizational and cybersecurity potential, and key considerations on each topic.

The purpose of an MSSP

An MSSP, not to be confused with a Managed Service Provider (MSP), is a third-party organization that provides comprehensive cybersecurity services, including threat monitoring, detection, response, vulnerability management, and compliance support. MSSPs use advanced technologies and expert teams to safeguard your digital assets around the clock, offering scalable and tailored solutions to fit your specific needs. MSSPs enhance your security posture cost-effectively, providing continuous monitoring and real-time threat intelligence, freeing your team to focus on strategic initiatives. This partnership strengthens your security framework and offers peace of mind, knowing dedicated professionals protect your organization.

Myth 1: MSSPs are only for large enterprises

One of the most persistent myths is that MSSPs are a luxury only large enterprises can afford. However, MSSPs cater to businesses of all sizes. Small and medium-sized businesses (SMBs) often have limited cybersecurity resources, making MSSPs an invaluable asset. MSSPs provide scalable services tailored to your specific needs and budget, helping you get the protection you need.

The bottom line: By leveraging the expertise and infrastructure of an MSSP, SMBs can achieve a level of security comparable to that of larger organizations.

Myth 2: MSSPs will replace your in-house team

There's a common concern that bringing in an MSSP means sidelining your internal cybersecurity team. More accurately, MSSPs are there to enhance and extend the capabilities of your team, not replace them. Think of it as adding a powerful ally to your team. Your in-house experts maintain their critical roles, while the MSSP provides additional support, advanced threat intelligence, and specialized expertise and skills.

The bottom line: This collaboration allows your team to focus on strategic projects and innovations to drive the business forward while MSSP experts monitor and protect your environment 24/7.

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Myth 3: MSSPs offer a one-size-fits-all solution

Another misconception is that MSSPs provide generic, cookie-cutter solutions. Reputable MSSPs understand that cybersecurity is not a one-size-fits-all endeavor. They work closely with you to understand your unique business needs, industry regulations, and threat landscape. This tailored approach ensures that the implemented solutions are designed to protect your assets effectively.

The bottom line: Customization is key, and a good MSSP will continually adapt services to align with your evolving business goals and challenges, ensuring long-term protection and alignment with your growth strategy.

Myth 4: MSSPs are just too expensive

Budget concerns are a significant barrier for many considering MSSPs. However, it's important to weigh the cost of an MSSP against the potential financial impact of a security breach. MSSPs often provide cost-effective solutions by leveraging expertise and economies of scale. They can implement strong security measures at a fraction of what it would cost to build and maintain the same capabilities in-house. Moreover, many MSSPs offer flexible pricing models, allowing you to find a plan that fits your financial constraints.

The bottom line: Consider that MSSP collaborations can be customized to meet your budget requirements which means you don’t have to take on the time and financial burden of running similar in-house activities.

Myth 5: MSSPs lack transparency

Transparency and trust are legitimate concerns when outsourcing cybersecurity. You may wonder if an MSSP will keep you in the dark about activities and findings. However, reputable MSSPs prioritize clear and open communication and work to establish a strong, trusted relationship. You need a partner with the ability to cut through the noise so you can focus on the right alerts. MSSPs provide regular reports, generate detailed insights, and maintain an ongoing dialogue with you. This ensures you're always aware of your security posture and the steps taken to protect your assets.

The bottom line: Reliable MSSPs will act as trusted partners and deliver transparency so you can see exactly how threats are being managed and gain valuable insights into your security operations.

Myth 6: MSSPs are only necessary after a breach

Some organizations only consider MSSPs after experiencing a breach. While MSSPs are incredibly effective at responding to incidents, the true value lies in prevention. When you partner with an MSSP from the outset, you can significantly reduce the likelihood of a breach occurring in the first place. They help you build a powerful security framework, identify vulnerabilities, and stay ahead of emerging threats.

The bottom line: Preventive measures, such as regular vulnerability assessments and security training provided by MSSPs, can fortify your defenses and reduce the chances of successful attacks.

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Myth 7: MSSPs don't understand your industry

A common myth is that MSSPs are generalists who lack the specialized knowledge to address industry-specific challenges. Yet, many MSSPs have extensive experience across various sectors and possess an in-depth understanding of the unique threats and regulatory requirements specific to different industries. They employ experts with industry-specific knowledge who can tailor security solutions to meet your specific needs, whether you're in healthcare, finance, retail, the public sector, or another field. To provide quality security, MSSPs must understand your business and what’s most important to you. Otherwise, helping protect the right things and supporting your business continuity is much more challenging.

The bottom line: MSSP industry-specific expertise ensures that your security measures are not only strong but also compliant with relevant regulations, safeguarding your business against both cyberthreats and legal penalties.

Myth 8: MSSPs can't keep up with emerging threats

You might worry that MSSPs won’t be able to stay ahead of the rapidly evolving threat landscape. On the contrary, staying current with the latest threats and security technologies is a core part of an MSSP's mission. This can include credentials and training such as SANS courses, Security Blue Team training and certification, and conference attendance. Additionally, MSSPs invest heavily in research and development, continuously updating tools and methodologies to counter new types of attacks. They also apply various learnings gathered across their client base. MSSPs leverage threat intelligence and modern technology to protect you against both current and emerging threats, leaving one less task for your team.

The bottom line: MSSPs are focused on staying up-to-date and at the forefront of cybersecurity innovation and their collaboration supports a more informed perspective for your team.

Myth 9: Working with an MSSP means losing control

Some may worry that outsourcing security to an MSSP means losing control over security operations. However, a good MSSP partnership is built on collaboration and empowerment. They work alongside you, providing visibility and control over your security environment. MSSPs offer co-management opportunities, dashboards, regular updates, and reporting tools that give you a comprehensive view of your security posture.

The bottom line: This collaborative approach ensures that you remain in control of decision-making processes while benefiting from the MSSP's expert recommendations and insights—positioning you as the hero.

Realize the benefits of partnering with an MSSPs

Partnering with an MSSP can be a game-changer for your cybersecurity strategy. By dispelling these myths, you can make more informed decisions and leverage the full potential of what MSSPs have to offer. The collaboration is all about enhancing your defenses, extending your team efficiencies, and ultimately safeguarding your business in an increasingly complex threat landscape—without the headaches of hiring and managing a team yourself. So, next time you hear one of these myths, you'll know the real story.

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Chris Brodeur
Chris Brodeur

Chris Brodeur is the Associate Director of Security Managed Services at NuHarbor Security. Chris's team oversees service delivery and solutions for managed security services. He has over a decade of experience in cybersecurity and has recently received his CISSP certification. Before joining NuHarbor Security, Chris worked as an Analyst and Engineer supporting security and networking functions at a leading financial institution.

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