You can think of Security as a Service (SECaaS) as an umbrella term.
SECaaS is made up of a variety of solutions that offer end-to-end protection when combined with managed security services. These solutions include: Intrusion Detection and Prevention, Security Information and Event Management (SIEM), Identity Management, Email Security, and Vulnerability Solutions.
Each security solution under the umbrella serves a specific purpose to the protection of your business. You may want to know what is the best part?
Security as a Service (SECaaS) is completely customizable to fit any business model. The services can be purchased as a bundled offering or individually, which means you only buy what you need and what is best for your organization.
Security providers are becoming aware that with the rise of small businesses, there’s a growing market for security services that don’t need expensive internal employees or a risky infrastructure investments.
For instance, your company could be a small financial institution with about 40-50 employees. It might be smaller; however, you are handling highly sensitive data on a daily basis, which makes all Security as a Service (SECaaS) solutions vital to the strength of your business.
Many growing businesses also don’t have the up-front funds to develop a hardware heavy security system and find a monthly plan to be much more manageable for their finances. For example, implementation of two-factor authentication and disaster recovery may have cost $100K five years ago. With SECaaS, it can now be delivered on a $1,000 budget with no Capital Expenditure.
Because of the more flexible nature of SECaaS, many of the decisions that used to float around, carefully being avoided until it was to late, can now be addressed head-on. There is no longer the same level of risk anymore surrounding topics like setting up security infrastructure. Businesses can switch SECaaS providers so much easier and this ‘de-risking’ of cyber-security has made the SECaaS market ideal for businesses who want to avoid making a bad decision.
Finally, with the rise of the cloud and increased internet speeds. Services being offered over the internet have become on par with in-house solutions. This has meant that cyber-security being offered as a service is now very feasible and is genuinely useful.
This Article Was Written & published by Meena R, Senior Manager - IT, at Luminis Consulting Services Pvt. Ltd, India.
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