Overcoming The Security Skills Shortage With Managed Detection And Response
Faced by an increase in cybercrime and the stringent demands of GDPR, IT security is (or should be) a strategic priority. The trouble is that all organizations, regardless of industry, now have the same strategic priority.
This is placing upward pressure on salaries for skilled IT employees. According to Glassdoor, the average salary of a security engineer is £56,882 in London and $136,747 in New York. Then there are recruitment costs and competition between companies which provide training benefits etc). And that's before you factor in the cost of actual security safeguards to protect corporate information systems.
It's a sellers' market
Knowing they can command a premium salary places experienced security experts in control of employment negotiations. But money is not the only factor under consideration.
With a wide choice of potential roles, experts are increasingly interested in the types of challenges they will be allowed to work on (e.g. AI malware, IOT attacks, smart city threats, industrial espionage, etc). Variety may be more important than many employers realize.
This presents a double challenge for your business; can you meet the salary demands, and do you have a sufficiently varied workload to attract the brightest candidates?
A rapidly evolving discipline
IT security is not a static discipline. Engineers and managers need to regularly improve skills and retrain to ensure they stay ahead of the cybercriminals. Implementing and managing effective, comprehensive security provisions requires a team – which means the overall cost escalates rapidly.
Obviously, this is money well spent – for those businesses who can afford to run a dedicated team. For others it may mean limiting or sacrificing strategic projects, thereby affecting future growth potential.
Progressive partnerships push your business forward
There is an effective alternative however. A managed detection and response service (like that provided by Navisite in partnership with Alert Logic) offers a credible solution to the skills shortage.
Rather than employing a dedicated security team in-house, your business can call on the expertise of the provider's consultants. In order to provide a comprehensive service, your partner will have their own team, offering a broad range of skills to correlate, mitigate and remediate. With proactive detection routines in place, the high-level experts will be deployed if and when an issue is detected that requires further investigation and remediation.
To further increase efficiency and accuracy of detection, Navisite can deploy machine learning technologies that monitor and analyze network traffic for anomalies. Over time, the system will develop its own baseline of normality, automatically generating alerts for investigation by the security team.
As well as guaranteeing access to the skills you need, a managed detection and response service reduces waste. A fully-staffed security team is likely to be underutilized at times, representing wasted spend for your business. Using a retained security team prevents that waste and ensures all spend is properly directed to protecting corporate information systems.
Click here to learn more about managed detection and response services and how Navisite can help your business improve data security provisions, contact us or call us at (888) 298-8222 for additional information.