Cyberattacks are becoming more frequent and harder to detect, putting businesses at greater risk than ever before. To stay protected, many companies are turning to Managed Security Service Providers (MSSPs), which are external teams that offer cybersecurity support and continuous monitoring to help prevent breaches before they happen.
According to Cybersecurity Ventures, global cybercrime costs are expected to grow by 15 percent, reaching $10.5 trillion USD annually by 2025. This growing trend indicates the immense need for businesses to invest in their cybersecurity.
At SubIT, we provide enterprise-level IT and cybersecurity solutions that work like a full in-house team without the overhead. Our approach is about providing people with a skilled and engaged team that delivers real support when you need it.
Key Takeaways
- MSSPs provide 24/7 threat monitoring, attack response, and compliance support.
- They focus on cybersecurity, unlike MSPs, which handle general IT services.
- Businesses use MSSPs to reduce risk, cut costs, and meet security regulations.
- MSSPs offer enterprise-level protection without the expense of in-house security.
What Is a Managed Security Service Provider (MSSP)?
A Managed Security Service Provider (MSSP) is an external company that monitors, detects, and responds to cybersecurity threats for businesses. They provide outsourced security services, offering protection against cyberattacks 24/7.
What Does an MSSP Do?
An MSSP protects businesses by offering:
- 24/7 Threat Monitoring – Detects suspicious activity in real time
- Incident Response – Responds to cyberattacks to minimize damage
- Firewall & Network Security – Blocks unauthorized access
- Compliance Management – Helps meet regulations like GDPR and PCI DSS
- Security Audits – Identifies and fixes system vulnerabilities
MSSP vs. MSP: What’s the Difference?
The key difference between an MSP and an MSSP is that an MSP manages general IT services, while an MSSP focuses on monitoring and protecting against cybersecurity threats. Here’s a further look at the differences:
| Feature | MSSP (Security) | MSP (IT Services) |
| Main Role | Cybersecurity protection | IT support & management |
| Services | Threat detection, firewalls, compliance | Cloud storage, software updates, network management |
| Best For | Businesses needing security | Companies needing general IT support |
Why More Businesses Are Choosing MSSPs
Businesses use MSSPs to reduce cyber risks, meet compliance standards, and avoid hiring costly in-house security teams. MSSPs provide security at a lower cost, making them useful for industries like finance, healthcare, and e-commerce.
How Do Managed Security Service Providers (MSSPs) Work?
MSSPs rely on advanced cybersecurity tools, such as Security Information and Event Management (SIEM) systems, intrusion detection, and AI-driven analytics, to stop attacks before they escalate. Their Security Operations Centers (SOCs) work around the clock to detect vulnerabilities and offer compliance with security regulations.
With ransomware attacks expected to cost businesses over $265 billion annually by 2031, as reported by Cybersecurity Ventures, companies can’t afford to take a reactive approach to security. MSSPs prevent costly breaches by continuously monitoring networks, identifying threats, and responding in real time.
How Do MSSPs Detect and Prevent Cyber Threats?
MSSPs use automated monitoring and human analysis to spot and stop threats before they cause harm. Their process includes:
- Threat Detection – Scans network traffic for malware, phishing, and hacking attempts
- Incident Response – Investigates alerts and stops cyberattacks before data is compromised
- Vulnerability Management – Identifies weak points in systems and recommends fixes
- Security Patching – Updates software and firewalls to close security gaps
- Compliance Enforcement – Makes sure security meets regulations like GDPR and HIPAA
What Technologies Do MSSPs Use?
MSSPs rely on AI-driven tools, security platforms, and cloud-based monitoring to keep businesses safe. Key technologies include:
- SIEM (Security Information and Event Management) – Collects and analyzes security data in real time
- SOC (Security Operations Center) – A team of professionals monitoring threats 24/7
- Firewall & Intrusion Detection Systems (IDS/IPS) – Blocks hackers from accessing networks
- Endpoint Detection & Response (EDR) – Protects devices like laptops and servers from cyber threats
- Threat Intelligence Feeds – Uses global data to predict and prevent cyberattacks
How Do MSSPs Stay Compliant With Security Regulations?
MSSPs help businesses follow cybersecurity laws like GDPR, PCI DSS, and HIPAA by:
- Conducting Security Audits – Identifying compliance gaps and risks.
- Implementing Required Controls – Setting up firewalls, encryption, and access controls.
- Providing Compliance Reports – Generating documentation for regulators.
- Continuous Monitoring – Offering ongoing compliance with industry standards.
Why Do Businesses Trust MSSPs?
MSSPs reduce security risks and prevent financial losses, all while being more cost-effective than in-house security teams. They provide protection, advanced technology, and 24/7 monitoring without requiring businesses to hire full-time security staff.
What Are the Risks of Not Using an MSSP?
Businesses without an MSSP face:
- Increased Cyber Attacks – Hackers target unprotected systems
- Data Breaches – Loss of customer data leads to lawsuits and reputational damage
- Regulatory Fines – Non-compliance with security laws can cost millions
- Downtime & Financial Losses – Cyber incidents shut down operations and impact revenue
Is an MSSP Right for Your Business?
Not all MSSPs offer the same level of protection. Businesses should look for proven experience, strong compliance support, and 24/7 threat response capabilities.
When evaluating MSSPs, companies should ask about incident response times, security certifications (such as ISO 27001 or SOC 2), and real-time threat intelligence capabilities. The right MSSP should act as an extension of your IT team, making sure your business stays ahead of evolving cyber threats.
Security Shouldn’t Be an Afterthought, Make It a Strength
Cyber threats aren’t slowing down, and relying on outdated or reactive security isn’t an option. A strong MSSP protects your business by helping it it run smarter, safer, and more effectively, no matter where or when you work.
At SubIT, we provide enterprise-level IT and security solutions that scale with your business. We prioritize both security and the people behind it, giving you a dedicated team that feels like an extension of your own.
If you want to strengthen your security without the in-house overhead, contact SubIT today and let us build you a cybersecurity strategy that works for your business.
