Global Market Research Company US Singapore Managed Security Services Market Forecas | Page 5

Managed Security Services Overview • Managed Security Services (“MSS”) are network security services, which are majorly outsourced to service providers so that the company can focus on its core competencies. MSS includes managed firewall, intrusion detection, virtual private network, vulnerability scanning and anti-virus services. MSS also provides clock monitoring and managing & consulting services for the client’s network security. Moreover, MSS provides unified threat management, endpoint security, distributed denial of services, etc. • MSS is either deployed as cloud-based model or Customer Premises Equipment (CPE)-based model. Managed Security Services Network Cloud-based Managed deployment is the most preferred deployment mode. With Security Service increasing instances of cyberattacks, website hacking and other online frauds, managed security services are used by different sectors such as Banking, Financial Services & Insurance (BFSI), Retail, IT & Telecom, Healthcare, Defense, Remote Site Cloud Virtualization Environment Physical Environment etc. • MSS offers various applications such as Managed Intrusion Prevention & Detection Systems, Unified Threat Management (UTM), Endpoint Security, Distributed Denial of Services (DDoS), etc., in different sectors to protect systems from viruses, hackers and unwanted programs. MSS can be accessed in two ways: • In-house (by using the company’s equipment and security team within the company premises). • Managed Security Service Providers (MSSP) – Provides outsourced monitoring and management of security devices and systems from a remote location. © TechSci Research 5