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A Brief Overview of Security as a Service (SaaS) and its Benefits

Online shopping and meetings, remote jobs, and other interactive events have been our new routine in the last year as a result of the pandemic. With several operations now performed electronically through cloud providers, cybercriminals have increased their activity, and businesses have increased their vulnerability. Businesses are increasingly adopting Protection as a Service (SECaaS) technologies as a result of the rising need for cybersecurity.

Not only has the COVID-19 pandemic changed the way we live and operate, but it has also culminated in a dramatic increase in cybercrime. The Internet Crime Complaint Center reports that the amount of suspected cybercrimes has grown by 300 percent since the pandemic began.

At the beginning of the recession, companies scrambled to go digital in order to thrive, although others failed to enforce adequate protection measures. Since then, work-from-home policies have rendered it more complicated for businesses to maintain device security. As a consequence, cyberattacks have risen in frequency.

Businesses also lack cybersecurity controls when engaging in cloud resources. As a consequence, cybercriminals are given chances, and cybercrime numbers rise. Scams involving pandemics begin to grow in popularity. Initially, cybercriminals used COVID figures to perpetrate their scams. In April 2020, Google blocked 18 million COVID-related malware and phishing emails in a single week. The spotlight is now on jobs and the Paycheck Protection Program (PPP).

Cybercriminals are presenting a massive challenge to secure business practices by using modern techniques and increasingly complex threats. As a result, businesses should work with providers of Security as a Service to fend off threats and protect business processes.

What exactly is Security as a Service (SaaS)?

The defense as a Service or SECaaS is an outsourced security monitoring service for businesses. That is the delivery of cloud-based security software and facilities to clients’ cloud- or on-premises-based infrastructures.

SECaaS enables safe offline access to software and facilities as global digitalization accelerates. What may be used in the SECaaS offering is as follows:

  • Regulation of identity and entry. Assuring the user’s or entity’s identification and providing the user or entity the appropriate degree of access depending on the checked identity.
  • Preventing data failure. Monitoring, checking, and maintaining computer integrity by the implementation of laws governing permissible behavior. For example, certain regulations may prohibit the email transmission of documents containing numbers that resemble credit card numbers or may restrict access to data on the fileserver to particular users.
  • Securing the web. By adding a protective shield, malware cannot enter the business through web surfing. Additionally, this service will build and apply laws governing the forms of site access available to various people.
  • Email encryption. By monitoring inbound and outbound addresses, companies may be protected against phishing, harmful attachments, and other attacks.
  • Assessments of security. Conducting an analysis of cloud providers and on-premises infrastructure in accordance with cybersecurity frameworks such as NIST, ISO, and CIS helps identify the source of threats.
  • Regulation of intrusions. Identifying and responding to anomalous operations. The management method can include real-time reconfiguration of device components in order to prevent or mitigate an intrusion.
  • Management of security records and events. Process log and event data in real-time to monitor and alert on accidents or activities that might need intervention.
  • Cryptography. Encrypting data using cryptographic algorithms. By decoding the details, only the expected receiver has access to it.
  • Continuity of operations and emergency recovery. Introducing steps to ensure company practises are resilient in the event of service delays triggered by natural or man-made disasters or disruptions.
  • Protection of the network. Through allocating access and thereby sharing, controlling, and securing underlying resource resources, network protection controls may be addressed.

What are the advantages of a security-as-a-service model?

SECaaS enables the mitigation of security attacks from all directions. It will assist in defending the network infrastructure, cloud servers, blogs, and a variety of other services against a growing array of cyberattacks, such as malware, ransomware, phishing, viruses, denial of service (DoS), distributed denial of service (DDoS), and others.

The benefits of partnering with an SECaaS provider are many, both immediate and long-term, and include the following:

  • A seasoned squad. SECaaS vendors have access to a pool of compliance experts with advanced security knowledge that is usually unavailable inside a traditional organization. Additionally, it is estimated that the number of cybersecurity positions that remain unfilled would hit 3.5 million by 2021. With an alarming lack of trained cybersecurity experts in the industry, SECaaS providers handle the need to recruit and maintain IT protection personnel.
  • The most up-to-date security software and facilities. Vendors of SECaaS are made up of individuals who are up to date with the latest trends in the cybersecurity sector. To remain reliable, protection solutions and anti-virus software must be upgraded on a regular basis. SECaaS experts track current and evolving cyber challenges and employ cutting-edge defense solutions to combat them.
  • Cost savings. In 2020, the total expense of a data leak would be $3.86 million. Once a company is victimized by a cyberattack, it can lose money not just by offering a ransom, but often through covering the direct and indirect costs of the harm caused, such as regaining access to databases and applications. SECaaS providers focus on avoiding cyberattacks, ensuring the security of your company, and preventing you from incurring undue threat-related expenses. Additionally, you are likely to pay your SECaaS provider a fixed flat fee. Additional expenses associated with the in-house recruiting of professional technology consultants, security hardware floor space, and the acquisition and maintenance of various security technologies would be covered by your SECaaS provider.
  • Scalability and adaptability. Your protection approach can scale with the development of your market and improvements in operational processes or functions. The protection approach should be modular, allowing for the addition of additional users and devices if required. On-premises protection systems are typically constrained by the physical capability of the infrastructure, and extension is prohibitively expensive. On the other side, SECaaS is cloud-based, which enables rapid expansion when the need occurs. SECaaS is infinitely scalable due to the lack of physical constraints.

Is Security as a Service a viable option for you?

SECaaS provides a technology architecture that adds significant benefit to organizations and enhances total security in today’s constantly changing cybersecurity environment. As a consequence, SECaaS helps companies save resources and mitigates network management threats.

If you’re searching for a reputable SECaaS vendor that can help you mitigate enforcement costs, build a strong management policy, and maintain the efficacy of security controls, contact us today!

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