7 Benefits of Outsourcing Endpoint Security to Managed Service Providers

Using a managed service provider (MSP) — a third-party company that manages IT infrastructure — for endpoint protection can help you secure significant cost and performance benefits. Do you need to consider outsourcing?
Endpoint Security

1. Faster Incident Response Time

Recent technological advancements have lowered cybercrime’s entry barrier. Your company’s cybersecurity risk is at an all-time high, with endpoints likely being attackers’ first target. During critical security events, the difference between a cyberattack’s success or failure can be hours, meaning every minute counts.

 

While your job is to run an entire business, MSPs only focus on IT infrastructure. Plus, many employ enterprise-class security teams with years of expertise. If you outsource endpoint security to them, they can accelerate your incident response time, increasing your endpoints’ resilience to cyberattacks.

2. Less Cybersecurity Fatigue

Your security staff may be overwhelmed with their responsibilities. After all, 43% of information security professionals say four in 10 alerts are false positives — nearly half of the critical notifications they review. Luckily, you can alleviate their fatigue by outsourcing the bulk of their mundane duties to an MSP’s security team.

3. Simplified Patch Management

Managing patches can be time-consuming and complex under normal circumstances. When you experience staffing shortages or hit your busy season, putting updates off is all too easy. Unfortunately, it opens you up to security risks. Software as a service (SaaS) diversification and endpoint proliferation have exponentially expanded attack surfaces, making exploitation easier.

 

While the apparent solution is to stick to a patching plan, that might be an unrealistic expectation, depending on your schedule and staffing situation. Fortunately, an MSP can take over patch management as part of its endpoint protection strategy, so you don’t have to worry about missing an update ever again.

4. Positive Return on Investment

Threat actors target all sorts of industries, even those you wouldn’t assume are high value. For instance, around 75% of 5G network operators reported experiencing multiple cyberattacks or security breaches in 2022. When it comes to cybersecurity incidents, the question isn’t if but when.

 

If you outsource endpoint protections to an MSP, your risk of experiencing a successful cyberattack decreases. Essentially, you can consider monthly payments as an investment — you increase your cybersecurity spending to receive fewer financial losses, preserve your reputation, and lower your risk of breach-related legal action.

5. Streamlined Vendor Management

Like many smaller organizations, you likely use several third-party vendors for endpoint protection, management, or deployment. Your need for outside help is unsurprising, given that the average company used 130 SaaS applications in 2022 — a 1,525% increase from 2015. Even with a full IT department, managing those and your endpoints would be complex.

 

Although third parties supposedly simplify business security, you’ve probably dealt with more than your fair share of miscommunications and frustrations when communicating with them. In any case, you might be pleased to find out MSPs handle endpoint vendor management for you, giving you greater flexibility and more free time.

6. Getting Back to Business as Usual

Eighty-two percent of small businesses in the U.S. operate without any staff. In other words, you’re often on your own when security incidents occur. Outsourcing endpoint protection to an MSP lets you prioritize management, sales, and meetings instead of combating threat actors.

7. Predictable Cybersecurity Expenses

You’re likely aware of how expensive hiring full-time staff for endpoint protection is. Information security analysts — professionals who protect systems and networks — earned over $120,000 annually on average in 2023. Not to mention, you must also consider costs like training, incident response, and overtime.

 

When outsourcing endpoint protection to an MSP, you don’t have to worry about an unpredictable variable elevating your cybersecurity or labor expenses for the month. Instead, you make typical, periodic payments. It may not seem like a grand benefit, but knowing what to expect when you sit down to write checks takes weight off your shoulders.

The Long-Term Benefits of Outsourcing

If your company is like most, bad actors have their eyes on you. The knowledge isn’t pleasant, but it’s essential — how else could you learn how vital endpoint protection is? Realistically, increasing cybersecurity spending may soon be necessary as the severity and frequency of cyberattacks increase.

 

Consider outsourcing to an MSP an investment in your organization’s future. Faster incident response times, more free time in your day, and a positive return can help you focus on high-priority responsibilities without overlooking the finer details. In the long run, these cost and performance benefits can add up.

*This article is provided by April Miller from Rehack.

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