Rising Complex Data-Driven Scenario Creates Growth Opportunities for North American Managed Security Service Providers
Summary
Santa Clara, CA, November 16, 2016 --( “Enterprises are re-evaluating and strengthening their relationships with MSSPs as they recognize the need for advanced analysis engines to process potential incident data from several sources,” said Frost & Sullivan Digital Transformation Vice President of Research Michael Suby.Only the largest of enterprises can gather the range and volume of threat intelligence as MSSPs, effectively process multiple streaming data feeds, and have the security expertise to determine and act on an optimal risk mitigation approach.In response to this human resource crunch and the need to ensure compliance with data privacy regulations, business and public entities of all sizes are turning to managed security service providers (MSSPs).“Enterprises are re-evaluating and strengthening their relationships with MSSPs as they recognize the need for advanced analysis engines to process potential incident data from several sources,” said Frost & Sullivan Digital Transformation Vice President of Research Michael Suby.“Additionally, the complicated and potentially conflicting laws and regulations, privacy concerns and possible e-discovery requests are compelling organizations to outsource at least parts of their security functions to MSSPs.”“2016 North American Managed Security Services” is part of the Cyber Security team’s Growth Partnership Subscription that includes insights on related topics such as: addressing the threats IoT present; controlling user and machine access to critical internal systems, Web sites, and cloud services; devising approaches to combat constantly evolving malware families, and reducing the time window between compromise and remediation.Go to http://frost.ly/12t for complimentary access to more information on this analysis and to register for a Growth Strategy Dialogue, a free interactive briefing with Frost & Sullivan’s thought leaders.The risk management value of MSSPs is very difficult for enterprises opting for a do-it-yourself approach to duplicate.Only the largest of enterprises can gather the range and volume of threat intelligence as MSSPs, effectively process multiple streaming data feeds, and have the security expertise to determine and act on an optimal risk mitigation approach.