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April 2017, Vol. 19, No. 3

Outsourcing security services rises as MSSPs focus on industries

The rise in attacks and persistent threats has expanded the demand for information security services, with some estimates expecting the market size to double in the next five years. Information security is getting harder to achieve as the complexity of environments and security infrastructure requires skill sets and resources many companies do not have, analysts say. Regulatory compliance is also driving more companies to consider outsourcing security services, especially small and medium-sized businesses that may not have been drawn to outsourcing security services outside of cloud. Depending on the provider, companies can "buy" hardware, software and infrastructure along with the specialists to manage these services. Some managed security service providers can also help ensure clients are up-to-date on the Payment Card Industry Data Security Standard, HIPAA and other standards. But strategy implementation is still up to the CISO. One criticism of MSSPs is that despite increasing levels of specialization, most do not have ...

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