Intelligent CISO Issue 12 | Page 68

decrypting myths More importantly, an MSSP’s ability to readily bring many different and skilled resources to the table in times of need is a significant advantage for small teams. MSSP services vary widely between providers and may include monitoring and alerting, device or policy management, incident response, threat hunting and more. Service level agreement (SLA) options may vary as well between providers. For instance, here at Foresite we provide monitored, co-managed and fully-managed service models where we can either act as an extension of our customer’s IT department or we can fully own the function depending on the goals of the relationship. Cybersecurity compliance frameworks vary by region and industry but fundamentally all necessitate, more or less, many of the same requirements including those around monitoring corporate infrastructure, storage of logs, incident and event handling. With this mandate, companies must decide if they want to fulfil these needs internally or outsource some or all the functions to an MSSP. The cost benefit of outsourcing to an MSSP vs DIY model is usually significant with many businesses saving upwards of 50% by the time they take into consideration software licensing, staffing, storage and facility costs. Pricing models also vary among MSSPs with some providers charging based on throughput, per device, or some even on staff augmentation in conjunction with SIEM solutions. At Foresite, we don’t provide staff augmentation and we only deliver services via our proprietary ProVision platform; however, we can and do provide both throughput and device-based pricing depending on the circumstances. We have found that most customers prefer device pricing as it provides CIOs 68 MSSPs provide elevated vigilance around the clock because threats don’t take nights, weekends and holidays off. and CISOs with an easy and quantifiable way to allocate budget to security operations as a service. Once companies have decided to partner with an MSSP, choosing the right MSSP to partner with will make or break the success of the initiative. We have compiled a short checklist of areas to consider while evaluating your options to avoid common pitfalls: 1. Gain an understanding of what software underpins the MSSP solution Everyone wants to be in the MSSP business; however, MSSP platforms are not commercially available for purchase. Instead, many MSSPs are resigned to piecing together several off-of-the- shelf solutions – many of which are not intended or designed for a multi-tenant MSP environment. This could lead to scalability issues, limited customisation ability identified after inception and high licensing costs passed on to you. 2. Thoroughly evaluate the MSSP’s portal Most, but not all MSSPs provide a customer portal. A large portion of your customer experience will derive from the capabilities contained herein. For example: is it intuitive, easy to use and navigable? Can you get the right reporting for your business? Can you drill into raw log data on demand or does your MSSP need to package it up and send it to you? 3. Evaluate references and experience Let’s face it, talk is cheap and experience counts. Take the time to speak to real customers to understand the value and relationship your MSSP provides their customers. 4. How seriously does the MSSP take their own security? An MSSP will have access to sensitive areas of your network and should be managed as a critical vendor Issue 12 | www.intelligentciso.com