CSaaS adoption on the rise as cos grapple with increasing threats
Published 9 February 2021
With the onset of Covid-19, Cybersecurity-as-a-service (CSaaS) is witnessing a significant adoption, as companies brace themselves for the ‘new normal’.
It seems like every year sets a “benchmark” for new and advanced cybersecurity threats. As private and public organizations scramble to hire security professionals and set aside the budgets to improve their defenses, cyber criminals continue to exploit even the minutest of technical vulnerabilities with ease.
If the evolution of cyber criminals is not something for an organisation to worry about, the COVID-19 pandemic has rewritten the rules of the game. “Cybersecurity as a Service (CSaaS) relieves the burden by reducing one-time investment (as such services are charged per month and as per the consumption),costs, increasing coverage and giving businesses you an access to experts they can count on to identify threats, vulnerabilities, and risks in their your environment,” according to Sunil Sharma, MD, Sales (India and SAARC) for Sophos.
Traditionally, CSaaS providers offer a Security Operations Center (SOC), Security Information and Events Management (SIEM) system, or both, he added.
Why use CSaaS
The COVID-19 pandemic has accelerated digital transformation for many organisations, which have moved to the cloud, to enable employees “Work From Home” and to maintain business continuity. A recent PwC survey of more than 10,000 business and IT executives even found that 62 per cent of organisations are now implementing this model.
Sunil is of the view that the pandemic has changed the mentality of organisations and their Boards towards cybersecurity. Organisations have realized the need to secure their assets in the current fluctuating protocols about working in and out of a home and main office. “They are also keen on being prepared for the future that is leaning towards Zero Trust,” he said.
A Zero Trust (ZT) architecture abolishes the idea of a trusted network inside a defined corporate perimeter. It is here that CSaaS comes in. Firstly, it provides effective defense to combat cyberattacks at an affordable costing model.
“Many Small and Medium Sized Businesses (SMBs) do not have a dedicated security team. A robust cybersecurity to combat cyberattacks requires the right tools, people and processes in-house to effectively manage security round the clock,” said Sunil.
Also, staffing a SOC and maintaining SIEM can be financially burdensome for many organisations. “It is a complex operation even for the large enterprises, so you can imagine the plight of smaller businesses,” noted Sunil.
CSaaS provides cybersecurity services as per an organizations’ need, at a convenient pricing model and at the same time help protect them when their business grows. IT leaders need to ensure their current cybersecurity defenses can stand up against active cyberattackers by including a proactive threat hunting component.
Adversaries are also changing their tactics, techniques and procedures to increasingly launch cyberattacks that combine automation with active human interaction or “hands on keyboard” hacking. CsaaS can better provide threat hunting services to the serve organizations that don’t have people and upfront budget to maintain cybersecurity in such a dynamic environment of evolving cyberattacks and can help organizations to achieve robust cybersecurity within their flexible budget.
Perhaps the biggest advantage is simply the long-term savings. Companies don’t have to deal with the costly overhead expenses involved with assembling an in-house team and acquiring hardware and software.
All this can quickly take a financial toll on a business. CSaaS is an effective alternative because it allows you to bypass many of the capital intensive these costs, thus reducing your financial burden, pointed out Sunil.
As cybercriminals continue to evolve their attack strategies, cybersecurity has become increasingly important for organisations of all types.