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Security as a Service coming on strong: survey

Peter Krass's picture

by Peter Krass on 08/08/2019
Blog Category: cloud-and-data-centers

Your customers no longer have to be cybersecurity experts to keep their systems safe.

Instead, they can adopt Security as a Service. It’s among the latest “as a Service” offerings. It lets your customers essentially outsource their cybersec to a managed security-services provider (MSSP).

That’s what a growing number of companies are doing, finds a new survey report. The report, “Security as Service on the Rise,” was recently published by cybersec solutions provider Thycotic.

Over half (52%) of the executives surveyed for the report have already adopted SECaaS. Another 8% intend to in the next 12 months. And nearly three-quarters (70%) expect to be using SECaaS by 2021.

The top areas for SECaaS protection, the survey finds, are DDoS protection (cited by 35% of respondents); vulnerability scanning and threat management (30%); and application security (25%).

Who talked

Thycotic’s research report is based on its survey of 78 IT managers and tech decision-makers. They were interviewed at a European identity and cloud conference held in Munich, Germany, this past May.

Respondents worked for organizations of every size in industries that include IT, financial services, manufacturing, retail and the public sector.

Thycotic is a Washington, DC-based provider of cloud-ready privilege management solutions. The company says its software is used by more than 10,000 organizations ranging from small businesses to members of the Fortune 500.

2 flavors of security

SECaaS now comes in 2 main flavors:

> A SaaS model, where the user consumes the same services they formerly did on-prem, only now they do it via the cloud.

> An MSSP model, where the user essentially outsources security services from a provider.

Either way, the benefits include lower costs, faster delivery of services, and greater flexibility. By working with an MSSP, users can get coverage of cybersec skills they may lack themselves.

The Thycotic survey finds that one in five (20%) respondents works with an MSSP today. Another 13% plan to work with an MSSP in the next 12 months.

In addition, nearly a third (31%) of respondents say they’re exploring the possibility of working with MSSP. But another third (36%) have no intention of working with MSSP at all.

So do your customers lack important skills needed to protect their systems and data?

If so, it looks like Security as a Service, delivered via either SaaS or an MSSP, is the right move to suggest — or even offer yourself.


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