Monday, September 14, 2015

How to Hire & Evaluate Managed Security Service Providers (MSSPs)

We asked a panel of data security professionals to provide expert recommendations for hiring MSSPs. See what the experts had to say.

Many companies today are hiring managed security service providers (MSSP) to manage specific security initiatives, or in some cases, outsourcing their entire security program to an MSSP. This approach is especially beneficial to companies that have limited IT resources, lack internal security expertise, struggle to hire security talent, or simply need to implement a security program faster than they could in-house. However, there is much to consider when evaluating and hiring a managed security service provider – after all, you’re placing your company’s security posture and most sensitive data in the hands of a third-party provider. Following best practices in choosing an MSSP is absolutely critical to your company’s long-term success. Due diligence at the hiring and evaluation stage will serve you well and save your organization both costs and peace of mind going forward.

But what should you be looking for in a managed security service provider? Are there industry gold standards that set the best of the best apart from the so-so MSSPs? What questions should you ask potential MSSPs before partnering with an outside company and placing your enterprise’s well-being in the hands of another? We wanted to see what criteria today’s security professionals recommend for businesses looking to partner with a managed security service provider, so we asked a panel of experts to answer this question:

“What are your the most important considerations when evaluating and hiring a managed security service provider?”

See what our experts had to say below:

By Venkatesh Sundar, CTO, Indusface.

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