How Do I Choose A Cybersecurity Service Provider?

Choosing A Cybersecurity Service Provider

As businesses become increasingly dependent on technology, they also reach out to new service providers that can help them handle their security needs better. But where should you start? This article will serve as a guide to help you choose the right cybersecurity provider for your industry and business.

 

What Are The Benefits Of A Cybersecurity Provider?

A cybersecurity provider will help you identify security vulnerabilities, reduce the risks of cyber attacks, and ensure that your business is protected from potential hazards. They’ll also provide you with a comprehensive solution to your cybersecurity needs. In addition, they can help you create strategies for the future and develop training programs for employees so that they are equipped to handle any situation.

 

What To Look For When Choosing The Best Cybersecurity Partner

When choosing the best cybersecurity partner for your organization, you should keep a few key factors in mind. First, you need to evaluate your organization’s specific needs and objectives. What are your most important assets and data? What are your biggest threats? Once you understand your organization’s needs, you can start researching and comparing different cybersecurity providers.

The best cybersecurity provider will be able to provide you with a full range of services and solutions. They should also be able to meet all of your security needs, including encryption, incident response plan development and management, penetration testing, and much more. In addition, they should have experience in your industry(being able to understand and have a game plan for industry-specific regulations) and understand how cybercrime can affect your business.

 

Types Of Cybersecurity Providers:

 

What is an MSP (Managed Services Provider)?

A managed service provider (MSP) is a third-party business remotely administering an end-IT user’s infrastructure and applications. For customer companies to concentrate on developing their services without being concerned about system outages or service interruptions, MSPs frequently perform administration services regularly. It is crucial to remember that while MSPs may promote services like spotting new threats and vulnerabilities,  this can be a red herring, and most businesses require more comprehensive cybersecurity solutions.

 

What is an MSSP(Managed Security Service Provider)?

MSSPs provide cybersecurity services for small to mid-size companies. They are more comprehensive than MSPs as a service provider by branching away from IT administration and offering cybersecurity services. Mad Security provides a wide range of security services like endpoint protection, threat intelligence analysis, vulnerability management, and risk management consulting, which are just some of the more extensive services MSSPs can provide.

 

What is a SOC (Security Operations Center)?

The SOC team will manage the ongoing operational aspect of business information security rather than formulating a security strategy, building security architecture, or putting defensive measures in place. Most security operations center analysts collaborate to identify, assess, respond to, document, and prevent cybersecurity issues. Some SOCs may also be able to examine occurrences using advanced forensic analysis, cryptanalysis, and malware reverse engineering.

 

Additional Considerations When Making Your Selection

Value: Implementing a cybersecurity system varies by company size, location, and industry type. The most important thing companies should focus on when evaluating their cybersecurity need is what they are trying to protect. The more critical the data or the more specialized the industry is will always dictate a more tailored and niche cybersecurity effort.

Technical Skill: The technical expertise of your IT and staff also impacts the type of security measures necessary for your business’s network. Primary IT staff would need more experience working with computer networks or implementing security measures to protect your company’s data. With cybersecurity being a broad field of expertise, it would be wise to hire an outside firm that specializes in providing these services for businesses like yours versus handling it internally.

 

Industry-Based Cybersecurity Providers

Every industry has specific cybersecurity needs. A medical facility, for example, may need more protection from ransomware and encryption attacks than a manufacturing company. The type of data you store and the potential breach impact are factors to consider when choosing a cybersecurity provider.

Government Contractors and Cybersecurity 

A government contractor is a company that provides goods or services to the U.S. government. Government contractors often have sensitive data and systems, which makes them attractive targets for cybercriminals looking to steal information or disrupt operations to gain leverage over the government. Many of the most significant data breaches in history have been perpetrated by foreign governments seeking access to classified information. For that reason, the government has developed new legislations(FAR – Federal Acquisition Regulation and DFARS – Defense Federal Acquisition Regulation Supplement) that hold government contractors to specific cybersecurity standards. 

Medical and Hippa-based Cybersecurity and Compliance

Healthcare organizations have some of the most sensitive data ever collected by humankind — names, addresses, medical records, and other personal information. Hackers know this, too, so they often target healthcare companies looking for identity theft opportunities. A good cybersecurity provider will offer HIPPA-compliant solutions.

Banking and Financial Services and Cybersecurity

These industries tend to be targeted by sophisticated hackers who want to steal money from the bank accounts of individuals or businesses. Companies in this space need protection against everything from phishing schemes to DDoS attacks. They also need tools for compliance with regulations like GDPR (General Data Protection Regulation), FFIEC(Federal Financial Institutions Examination Council) requirements, or PCI DSS (Payment Card Industry Data Security Standard).

Department of Transportation (Maritime) and Cybersecurity 

Companies that operate in the maritime industry need to ensure the safety of their ships, crews, and passengers. For this specific niche it has been noted that the NIST cybersecurity framework is becoming the industry standard. When choosing a cybersecurity provider they should be adept at implementing a security framework that can protect your business against a wide range of threats, including

  • DDOS Attacks that target the Internet infrastructure directly 
  • Malware Infections like viruses and worms that can spread from employee workstations onto server systems 
  • Social Engineering Schemes that are designed to trick employees into giving up sensitive information—like passwords or log in credentials.

 

Why Should You Choose Mad Security As Your Cybersecurity Partner?

MAD Security is a team of cybersecurity specialists who bring the latest in hardware, software, and tactical cyber defense to their clients. We are dedicated to ensuring that businesses and individuals have the protection they need against the threats they face. 

MAD Security puts you first by offering a range of solutions that fit your company’s unique needs and budget. MAD Security has the solution for you if you’re looking for superior security solutions as Government and Defense Contractors. 

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How Do I Choose A Cybersecurity Service Provider?

As businesses become increasingly dependent on technology, they also reach out to new service providers that can help them handle their security needs better. But where should you start? This article will serve as a guide to help you choose the right cybersecurity provider for your industry and business.

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