Did you know that outsourcing your organization’s cybersecurity can save you money? 

Yes, and the ROI is significant.

Many small- to medium-sized organizations don’t have the need or budget for a full-time cybersecurity team, but the risks are still there. Outsourcing your cybersecurity means that you don’t have to manage additional employees and the related infrastructure, but means you get all the latest cybersecurity advances available to you at scale—it’s the best of both worlds.  

Want to learn more about the impact of managed security on your bottom line? Keep reading! 

Specialized Expertise  

We live in a complex threat environment, which means that there’s a lot of different niche areas of cybersecurity that are important to have expertise on. Managed security providers have dedicated teams of cybersecurity experts with in-depth knowledge and experience in threat detection, prevention, and response. By outsourcing your security, you can access this specialized expertise without the need to hire and train an in-house team. This saves you money by eliminating the need to have those specialized staff on your payroll. 

Cost Predictability 

Most managed security services operate on a subscription-based or fixed-fee model. This makes it easier for you to budget and predict security related expenses, because all of your cybersecurity related needs are wrapped up in one monthly cost.  

The great thing about managed security is that you only need to pay for what you need. If you want 24/7 visibility and response, that can be included in your package. If you want to pay for a block of pre-paid time for your managed security provider to use in emergency response, you can do that. A good managed security provider (like Telcion) will work with you to develop the package that works best for you, so that you pay for what you need to stay secure and not a penny more.  

Scalability 

Experiencing organizational shifts? Onboarding a bunch of new employees, or merging with another organization?  

With managed security, your provider can scale their services up or down based on an your needs. This flexibility ensures that you don’t need to deal with overstaffing or underutilization of resources (which are both expensive). All you have to do is shoot your provider an email and they will make the needed adjustments for you.  

Access to Advanced Technology 

The cybersecurity space is constantly making advances, but keeping up with the latest protection technology can be very costly. Managed security providers typically invest in the latest cybersecurity tools and technologies and can do so because they’re deploying at scale between their different clients. By outsourcing your security to a provider, you can access cutting-edge security solutions without the need to purchase and maintain expensive security hardware and software yourself.   

Reduced Downtime and Data Loss 

Managed cybersecurity isn’t just about maintaining the day-to-day—it’s about concierge consulting services that help you develop an effective cybersecurity plan, paired with effective incident response measures that fight for you in your worst moments. A good security plan implements effective security measures can significantly reduce the risk of security incidents and breaches, minimizing the potential costs associated with downtime, data loss, regulatory fines, and reputational damage. Managed security providers can help you proactively prevent and respond to security threats, which goes a long way towards saving you from the cost of a breach.  

 Outsourcing your organization's cybersecurity is a strategic decision that not only enhances your security posture but also significantly impacts your bottom line. Whether saving you from unnecessary staffing costs to protecting you from the unexpected cost of a security breach, embracing managed cybersecurity not only mitigates risks but also stands as a cost-effective solution for many cybersecurity related issues.  

Have questions about what managed security could look like with your business? Contact us today and a team member will reach out to you for a no-pressure conversation! 

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