Cybersecurity is one segment of the digital ecosystem that is continually facing challenges in terms of countermeasures, resources and talent. If you have an asset that is deemed valuable, there is probably somebody out there trying to get it, and depending on their resources and abilities, there is a great chance that they will succeed. For IT departments keeping track of all these threats and manually managing the many different processes that are in play, this is no longer a viable option. This has resulted in a robust growth for managed security service providers (MSSP) as organizations look to outsource the service. Siemplify, a threat management and security orchestration specialist, has announced it is making its ThreatNexus platform available to the MSSP market with the goal of increasing its audience.
For Siemplify the decision to enter the MSSP market was driven to address the challenges service providers were facing in bringing different technologies together into a unified security orchestration framework as well as providing new levels of efficiency and automation with teams while maintaining a profitable business model. There was also a lack of standardization with processes from different teams and customer profiles.
“As the MSSP market is seeing significant growth, our MSSP partners are looking to ThreatNexus as a catalyst. With ThreatNexus, MSSPs are able to scale efficiently and meet growing customer demands profitably,” says Amos Stern, Co-founder & CEO of Siemplify.
According to the company, the Siemplify ThreatNexus MSSP Orchestration Platform combines case management, analytics and orchestration under a single pane of glass to bring together different security solutions within an organization designed to run a managed SOC. This type of accessibility is going to give MSSP security teams the tools they need to orchestrate threat management across the entire customer base with situational awareness, standardized playbooks, case management workbench, flexible automation and comprehensive visibility.
With ThreatNexus, MSSPs are able to provide industry leading service level agreements (SLAs) with orchestrated and automated security operations by reducing the time it takes to remediate threats with valuable insights. Some of the other benefits are lowered customer acquisitions costs and increased analyst efficiency. It also provides MSSP administrators and customers with customizable dashboards and automated reporting for better awareness.
Security operations are changing, and enterprise organizations are especially looking for commercial solutions instead of homegrown software efforts, this according to Jon Oltsik of ESG. And the trend is being led by MSSPs because of the options they provide.
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