Cybercrime is flourishing as never before. Meanwhile, the lack of IT talent is described as an “existential threat” to business growth and innovation. Hence the rise of managed IT service providers. So when it comes to cyber security management, who’s minding your store?
The global managed service providers (MSPs) market was valued at $283.9 billion in 2023, according to Fortune Business Insights. This market is expected to grow from $316.8 billion in 2024 to $839.8 billion by 2032, a projected 165 percent increase in eight years.
The rising demand for securing IT infrastructure against cyberattacks is fueling this growth. Managed service providers, such as BrightFlow, play a crucial role in cyber security management for organizations of all sizes. Here’s how the team at BrightFlow conducts cyber security management:
Risk Assessment and Planning
Our goal is to bring calm and tranquility to companies that need relief from the worry and strain of managing IT. We start with comprehensive risk assessments to identify potential cyber security threats and vulnerabilities within an organization’s IT infrastructure. Based on the assessment findings, we develop customized cyber security plans tailored to the organization’s specific needs and risk profile.
Security Infrastructure Deployment
Here at BrightFlow we have proven tools and solutions for businesses from a variety of industries. We design, deploy and manage security infrastructure components such as firewalls, intrusion detection/prevention systems (IDPS), antivirus/antimalware solutions, secure web gateways and endpoint security solutions. We ensure that these security tools are properly configured and updated to protect against evolving cyber threats.
Continuous Monitoring and Threat Detection
The crew at BrightFlow provides 24/7 monitoring of IT systems and networks for signs of suspicious activities, security breaches and potential cyberattacks. We use advanced security information and event management (SIEM) solutions, intrusion detection systems (IDS) and threat intelligence feeds to detect and respond to security incidents in real time.
Incident Response and Remediation
We keep your IT systems well-oiled, up to date and ready for anything so you can focus on your business. We develop incident response plans and procedures to guide organizations in responding to security incidents effectively. In the event of a cyber security breach, we help organizations contain the incident, investigate the root cause, mitigate the impact and restore normal operations as quickly as possible.
Patch Management and Vulnerability Remediation
The team at BrightFlow manages the patching and updating of software and firmware across an organization’s IT infrastructure to address known vulnerabilities and security weaknesses. We prioritize critical patches and ensure timely deployment to minimize the risk of exploitation by cyber attackers.
Security Awareness Training
Our team is well-versed in security awareness training. We can provide training programs to educate all team members about cyber security best practices, common threats and how to recognize and report suspicious activities. We can also conduct simulated phishing exercises and other training activities to improve employees’ ability to identify and respond to cyber threats effectively.
Compliance Management
The crew at BrightFlow Technologies can also assist organizations in achieving and maintaining compliance with industry regulations, data protection laws and security standards such as GDPR, HIPAA, PCI DSS and ISO 27001. We help organizations implement security controls and policies to meet compliance requirements and undergo regular audits and assessments to ensure ongoing compliance.
Framework for Cyber Security Management
While a commonly accepted framework for cyber security has not been established, there are some guiding principles, precautions and technologies that many organizations have chosen to adopt. These include:
- Open Web Application Security Project (OWASP) Top 10
- National Institute of Standards and Technology (NIST) program
- International Organization for Standardization (ISO) 27000 series
These serve as the de facto frameworks for cyber security management, and they outline techniques and standards for protecting digital assets.
Cyber Security Consulting and Advisory Services
Our cyber security consulting and advisory services help companies develop long-term strategies, evaluate emerging technologies and make informed decisions about cyber security investments. We provide expert guidance on cyber security best practices, emerging threats and industry trends.
Cybersecurity Risk Management Trends
We have been around since 2010, so we have a lot of experience in anticipating how cybercriminals are constantly on the hunt for target-rich environments. Here are some of the current trends impacting cybersecurity risk management.
- Risks in the digital supply chain: Attacks on the digital supply chain can yield a significant return on investment, cybercriminals have come to realize. More dangers are anticipated as new vulnerabilities proliferate throughout the supply chain. This is primarily because third parties, which have varying levels of cyber security, have become a primary attack vector for cybercriminals. For example, even though your environment is relatively secure, a criminal may use a provider in your supply chain with access to your system as a conduit to infiltrate your network.
- Expanding attack surfaces: A company’s attack surface is the sum of vulnerabilities, pathways or methods — sometimes called attack vectors — that cybercriminals use to gain unauthorized access to networks to carry out cyberattacks.
Attack surfaces are multiplying. Risks related to IoT, open-source software, cloud computing, complicated digital supply chains, social media and other technologies are leaving many organizations exposed to attackers. To handle a wider range of security exposures, companies must look beyond conventional security monitoring, detection and response methodologies.
This may involve developing internal and external business systems, as well as automating security gap identification. Jargon alert: Chief information security officers (CISOs) can use external attack surface management (EASM) technologies, digital risk protection services (DRPS), and cyber asset attack surface management (CAASM) to implement these kinds of systems.
Wider Distribution of Cybersecurity Responsibilities
Company owners want more adaptive security as enterprise cyber security demands and expectations expand. To do this, it is best to spread cyber security decision-making, accountability and responsibility throughout the organization, rather than keeping them centralized.
This is particularly important because of the increasing size and complexity of organizations, which may make it difficult for a single person or small team to handle cyber security management on their own.
How BrightFlow Technologies Can Help
Consistent research of global threat intelligence paired with quick decisions and responses are essential for best-in-class security. Through BrightCare Managed Services and BrightDefense Cybersecurity, BrightFlow provides some of the best and most robust security applications currently on the market. Our tactics include:
- Application control: BrightFlow has one of the largest application databases for protecting your business from dangerous apps. This gives our team, and our clients, visibility and control over the applications running on your network.
- Intrusion prevention: We block unauthorized access attempts that aim to exploit configuration flaws and vulnerabilities in your network.
- Stopping advanced threats: BrightFlow has industry-leading advanced antimalware, antivirus and sandboxing capabilities, stopping all dangerous files from entering your network. With BrightFlow on your team, the evil empire can’t strike back.
If you and your team have questions about cyber security management, reach out to us by phone or online.
