It looks like remote working is here to stay: A report from Deloitte says that “the number of people working remotely is unlikely to go back to pre-Covid-19 levels.” The report bases this on a survey showing that even after the pandemic, 34 percent of employees expect to work from home at least once a week.
But this remote work environment is having a massive impact on the security of our businesses. During 2020, cyber-attacks against remote desktops increased by 400 percent. There was also a staggering 667% increase in Covid-19-related email scams at the height of the pandemic.
While cybercriminals have used the pandemic for malicious intent, MSPs have helped redress the balance by providing white label managed security services.
Why use a white labeled managed security solution?
Managed security service providers (MSSPs) are needed now more than ever. The enterprise-level security solutions provided through the MSP route, allow SMBs and larger enterprises to deal with the sophistication levels and ubiquitous nature of cyber-threats. But the managed services market is highly competitive, and one way to differentiate is to offer exceptional security services that are white labeled. White labeling delivers a competitive edge in several ways:
Benefit one: Turnkey solutions
Managed security services are blooming — but not just because of the Covid-19 pandemic. Market research shows that managed security service values are expected to reach USD 26.4 billion by 2025, with a growth rate (CAGR) of 18.9 percent. This means there are plenty of stable, proven, solutions that MSPs and MSSPs can use right away without too much customizations (often without needing customization at all). These turnkey solutions are maintained and upgraded to make sure the product remains cutting edge, with minimal to no maintenance requirements on the MSP side.
Benefit two: Multi-tenant solutions
A managed security service should offer you a multi-tenancy option to deliver services to multiple customers. Multi-tenant security solutions have several benefits:
- Reduce the cost of investment
- Allows for the simple addition of new clients
- Maintenance is centralized and easier
- Allows delegation of responsibilities
- Empowers customers who want more control or information
- Maximizes resource usage
Benefit three: Time and resource efficiency
Many enterprises are turning to managed security services because they simply do not have the in-house skills or time available to manage complex security scenarios. White labeled managed security services act as an extension of an organization’s own in-house IT team. An MSP/MSSP can use a white labeled security service to deliver best-of-breed security solutions. White label managed security comes with the security knowledge and skilled staff needed to bring in-house expertise to the client.
Benefit four: New revenue streams
Security is no longer a nice to have but a must have. Budgets are reflecting this position as a recent McKinsey report on security budgets during 2020 found:
“crisis-inspired security measures will remain top budget priorities in the third and fourth quarters of 2020.” Also expect a… “significant increase in 2021”.
If you are already delivering managed services to customers who trust you to manage their IT environment, the delivery of white labeled managed security services is a way to generate new revenue streams almost immediately.
Benefit five: Connected services, connect up
One of the key reasons why organizations turn to an MSSP is to provide 24/7/365 monitoring and management of security events and issues. A white label managed security solution connects services using a single pane of glass/one monitor. This greatly simplifies client and system management. Similarly, being able to provide a single view to conduct security audits or to investigate a data breach, is achieved using a holistic view afforded by a managed service.
Further important benefits of a white label managed security service
Our five benefits that a white labeled managed security service offers are augmented by two additional pieces of the cybersecurity puzzle:
White labeled vulnerability assessment services provide a way to test IT systems and find vulnerabilities before they become a security incident. Vulnerability assessments give an organization an in-depth view of where systems are most vulnerable to a cybersecurity attack. White label vulnerability assessments provide application testing tools including static application security testing (SAST), dynamic application security testing (DAST), and mobile application security testing (MAST). These specialist tools are used to look for security vulnerabilities across the entire organization’s IT resources, including mobile devices.
Compliance with regulations
Data protection and privacy regulations such as the EU’s General Data Protection Regulation (GDPR), the California Consumer Privacy Act (CCPA), and industry specific regulations such as PCI-DSS and HIPAA, are becoming increasingly stringent in an effort to tackle increased cyber-threats. White label managed security services can provide the experts needed to evaluate the compliance posture of an organization and determine the right tools to ensure regulatory compliance.
The big picture: White label managed security solutions
Providing robust and effective security solutions in a complex security landscape is a challenge. Security is a holistic exercise that requires top notch skills and experience to deliver well. By using a white labeled solution, an MSP or MSSP can access the best security solutions available along with highly knowledgeable personnel in key security domains. Delivering these as a white label managed service, provides a powerful combination of security expertise and exceptional security tools to your clients using a single pane of glass view of the security of an organization. The result is a minimal intrusion and business continuity.
An MSP/MSSP with white label expertise is always one step ahead of the security game. White labeling is not just about a software-as-a-service model, it is about everything that is needed to ensure the safe operations of an organization in a complicated security landscape.
Need to white label security services? Contact us to schedule a free demo of our vulnerability assessment and compliance products.