Intelligent CIO North America Issue 02 | Page 42

FEATURE : CIO STRATEGIES

MSSPS AND MDR SERVICES WILL REMAIN AN IMPORTANT OPTION FOR MANY COMPANIES FOR THE FORESEEABLE FUTURE .

systems and are in the position to hire , train and leverage security experts across many different customers . Providers of MDR services focus on detecting threats that have infiltrated an organisation ’ s network , capabilities sometimes not offered by MSSPs .
Both types of services help organisations reduce costs building out their own security operations centre and get the expertise they need to adequately protect their environment . These services are in such demand that IDC predicts global security spending will top US $ 103 billion in 2019 , with managed security services accounting for the largest category of spending at more than US $ 21 billion .
MSSPs and MDR services will remain an important option for many companies for the foreseeable future , particularly when you consider other factors at play beyond the skills shortage , specifically : a dynamic threat landscape , an ever-expanding attack surface and an increasingly complex security technology environment . Organisations must be able to identify and mitigate the threats most relevant to them and these factors make that task more difficult .
Recognising that security isn ’ t one-sizefits-all , MSSPs and MDR services offer a
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