Splunk is not a SIEM. Let’s say Splunk is not just a SIEM. This is good news for security-focused Service Providers, whether you’re a Managed Security Service Provider (or MSSP), a System Integrator (or SI) or an Identification and Provider. account management ( managed Detection and response or simply MDR) out.
The Challenges of Organizing an MSSP
Service providers need more than just a SIEM solution to grow their organization in a complex world . The old way of building a security team based on security services, including considering Log Management as a stand-alone component, adding SIEM capabilities and analytics tools separately, and then doing the tasks necessary to integrate operations and deploy related services. Unfortunately, this is not an efficient way to build a security team, because considering these services individually brings complexity and additional costs.
For a long time, building an MSSP team was like building a house gradually, without a solid foundation. This house may stay for a while, but in the long run it would cost a lot to solve the problems that arise from the construction of the house, if it was built with planning and planning it would prevent further costs. Today, service providers are asking themselves: Why aren’t the services we provide built on a solid platform? How can we easily deliver new services and adapt quickly to changing market needs, regardless of the segregation and structure we are considering?
In general, in most security architectures, whether you are a service provider or not, resolving fundamental security issues is felt. Often, there is nothing to effectively improve the capabilities and investments already made. Lack of firm foundation at the organizational level can lead to problems such as difficulty in adapting and maintaining flexibility.
For ISPs, the lack of a solid foundation, especially when the need for wider dimensions has reached and the market requires a modern set of offers in an expanding service catalog, will result in inadequate and inefficient costs for maintaining and growing the organization.
At the same time, customers seeking to modernize their security operations are faced with a difficult choice of either doing it alone or receiving assistance. Some can do it themselves, but many can’t. Today, however, it is no longer possible to delay facing this issue. Changes in the landscape of threats, government structures, and requirements and ecosystems on everything from data privacy to critical infrastructure protection make users choose to buy or build. However, many of them are not capable of construction. In the past, features like monitoring and alert alone might have been enough for customers, but today the situation is different.
The need for ISPs in the security field
All of this means that service providers, along with responding to old needs, are now more than ever needed as a reliable security consultant for clients who need help finding new security, compliance and fraud challenges. The whole set of requirements, even for clients with experienced security teams, is rapidly becoming complex. This is a tangible opportunity for service providers to work with more organizations willing to invest in security services.
But it also means more competition to become that trusted consultant as well as intuitive customers who want to tailor their own needs and optimal return on their investment in security services like all Infosec initiatives, use cases, compliance commands and other security-level requirements. And industry-specific, is the best choice.
Given current market conditions, it is imperative that new services are not overly sophisticated, inefficient, and expensive. Another issue to consider is that in a Hyper-Connected world, the ability of the service provider to become a good organizational member and to ensure that their customers also become members, on their ability to manage their risk and It also depends on their customers. The sustainable structure mentioned above is the key to reducing complexity and risks.
The reason for this is that service providers are at risk for their customers and partners. They are responsible for doing so in a way that does not jeopardize the entire supply chain, trust model, or privacy requirements. Without this sustainable foundation, service providers are more at risk and transfer this risk to their customers. In other words, service providers need to adapt to scale issues that many customers did not have to face five years ago to address new pervasive problems, such as national government networks and critical infrastructure protection. This exacerbates the challenges faced by service providers and highlights the importance of establishing a solid foundation for their security plans.