The Importance of Managed Cloud Security for Businesses

Managed Cloud Security refers to outsourcing cloud security tasks to a third-party service provider. It includes monitoring cloud environments, identifying and mitigating security threats, managing access control, and ensuring compliance with industry regulations. This approach allows organizations to focus on their core business operations while leaving experts responsible for maintaining a secure cloud infrastructure.

Managed Cloud Security service is growing in the cloud nowadays because businesses have seen a massive shift towards cloud computing in recent years as more and more companies move their operations to the cloud. The benefits of cloud computing include cost savings, flexibility, scalability, and so on. However, it also brings new risks and challenges regarding security.

Organizations store their sensitive business data in cloud servers, which becomes vulnerable to attack from hackers or cybercriminals. This is where managed cloud security comes in.

The term “managed cloud security” describes outsourcing the management of a Company’s cloud-based security architecture. As a result, businesses can concentrate on their core operations without being concerned about security concerns. It involves a team of professionals who continuously monitor and protect against cyber attacks.

Significant financial losses, reputational harm, and loss of client trust can all be brought on by a data breach. Additionally, organizations risk facing legal and regulatory repercussions if they don’t adequately secure their data.

Fortunately, managed cloud security offers a comprehensive solution to these problems. With managed cloud security, businesses can enjoy the benefits of cloud computing while ensuring that their sensitive data is adequately protected.

The article will offer a thorough overview of managed cloud security, covering everything from its definition and major characteristics to its advantages, difficulties, and potential future developments.

This post is for anyone interested in improving their understanding of cloud security, whether they are an IT professional or a business owner wishing to secure their Company’s data.

Why Business use Managed Cloud Security?

Do you ever wonder why businesses use managed cloud security? Before knowing that, let’s first examine what makes it so important. Below is the data from Statica for cloud security concerns that the organization faced:

1. Data loss and leakage (69%)
2. Data privacy/confidentiality (66%)
3. Accidental exposure of credentials (44%)

“22% of organizations assess their cloud security posture manually, which not only drains security resources, but also leaves room for human error in their assessments.”

(Source: Expert Insights)

Gartner predicts that by 2025, 45% of organizations worldwide will have experienced attacks on their software supply chains, a three-fold increase from 2021.

Source: Gartner

Not only these three points but there are even more. Manually watching all these security breaches is time-consuming and impossible too.

But, automation can continuously monitor security breaches without human intervention, and an experienced cloud security managed services provider will quickly set up automated security monitoring with 24/7 monitoring.

Managed cloud security helps mitigate these risks by providing organizations with a team of experts who can constantly monitor and protect their cloud infrastructure. This includes access control, data encryption, threat detection and response, compliance and regulation adherence, disaster recovery, and business continuity.

What is Cloud Security Managed Service?

A third-party service provider offers a collection of security services and technologies known as cloud security managed services to assist enterprises in managing their security risks in cloud computing environments.

These services assist businesses in securing their cloud-based assets and safeguarding their data against a range of dangers, including cyberattacks, data breaches, and other security catastrophes.

Managed Cloud Security An array of security solutions, including intrusion detection and prevention, data encryption, access control, threat intelligence, and vulnerability management, are frequently provided by service providers.

Additionally, they offer round-the-clock monitoring and assistance to ensure security incidents are found and dealt with immediately.

Read also: Benefits of Security as a Service (SECaaS) for your Business

Businesses can gain from a more robust security posture in their cloud settings by utilizing these services without spending money on and managing their security infrastructure.

By delegating security-related tasks to professionals, they may cut expenses, streamline operations, and concentrate on their core business operations.

What Managed Cloud Security Providers Do To Secure Your Data?

On an earlier day, one of my clients asked me what I do to secure his data. I think you may also feel the same questions. Well, let’s break it down in the below points:

1. Access Control: In this stage, we create policies and procedures that ensure only authorized individuals can access sensitive data in the cloud. We include multi-factor authentication, role-based access control, and identity and access management in this stage.
2. Data Encryption: In this stage, we use encryption algorithms to protect data in transit and at rest and ensure that even if cybercriminals intercept data, it is unintelligible and cannot be used maliciously.
3. Threat Detection and Response:  Managed cloud security includes real-time threat detection and response. We use advanced security tools and technologies to monitor cloud infrastructure for potential threats and respond quickly to security incidents.
4. Compliance and Regulation Adherence: We ensure organizations comply with industry regulations and standards. This includes compliance with GDPR, HIPAA, and PCI DSS laws.
5. Disaster Recovery and Business Continuity: We include disaster recovery and business continuity planning. Where organizations can quickly recover from security incidents and maintain business continuity during an outage or disaster.

Benefits of Using Managed Cloud Security

Implementing strong cloud security or managed cloud security has lots of benefits, including:

1. Automation: The human intervention is reduced once you set up all the configurations. This means that it reduces the risk of human errors.
2. Better Performance: Managed cloud security companies monitor and examine your cloud infrastructure for security threats using cutting-edge tools and technology. They can swiftly identify and respond to security incidents, which can help your cloud infrastructure run more efficiently.
3. Safety: Your data are more secure in the cloud due to the 24/7 monitoring and real-time threat detection.
4. Improved Compliance: Regulatory regulations like HIPAA, GDPR, and PCI DSS can be complied with by your Company with the aid of managed cloud security providers. They are qualified to put security procedures and controls that abide by these rules.
5. Reduced Costs: You may lower security costs by contracting your work to a managed cloud security service. You don’t need to recruit or train a security crew or buy expensive hardware and software.

Managed Cloud Security vs. Traditional Security

Due to the particular threats and difficulties connected with cloud computing, managed cloud security differs significantly from traditional safety procedures. Here are a few important distinctions between traditional IT security and managed cloud security in a below infographic:

Common Challenges in Managed Cloud Security

To guarantee the security of their cloud-based apps and data, enterprises may face several complicated managed cloud security concerns if they haven’t proper guidance or security experts. Here are some common challenges in managed cloud security:

1. Staffing and Expertise: Finding qualified staff and specialists in managed cloud security might be difficult. To properly integrate and manage managed cloud security solutions, many enterprises would need more internal resources or experience.
2. Integration: Integration can make managed cloud security more difficult if you don’t have enough knowledge. Managed cloud security solutions must integrate with current cloud-based services and applications effortlessly without interfering with corporate operations.
3. Compliance: Due to the lack of experts, Managed cloud security may be seriously hampered by industry standards and laws compliance. Businesses must ensure that their managed cloud security solutions abide by PCI DSS, HIPAA, and GDPR.
4. Constantly Evolving Threats: Finally, managed cloud security may be difficult due to constantly changing threats. Organizations must stay up-to-date with the most recent security threats and vulnerabilities to defend their cloud-based apps and data. Hazards and risks are continually evolving.

Read also: What is serverless security? A guide to maintaining security in Serverless.

How to Choose the Managed Cloud Security Provider?

Your choice of managed cloud security service may considerably impact your firm’s security posture. Here are some important aspects to take into account when choosing a managed cloud security provider:

1. Expertise: A strong understanding of protecting cloud infrastructure is a must. The provider must have experience dealing with businesses in your sector and a track record of successfully protecting cloud-based apps and services.
2. Compliance: Verify that the managed cloud security service you select adheres to industry standards and regulations, including GDPR, HIPAA, and PCI DSS. This is crucial if your Company deals with sensitive data or works in a highly regulated field.
3. Integration: Pick a supplier that works well with your current cloud infrastructure. Your organization’s cloud platforms and apps should be compatible with the provider without requiring substantial changes to your current architecture.
4. Scalability: Look for a managed cloud security service that can expand to meet the needs of your Business. When necessary, the supplier should be able to add or remove security elements without interfering with your Company’s operations.
5. Responsiveness: Make sure the vendor of managed cloud security you select is receptive to your needs. A 24/7 support staff should be available at the supplier to rapidly address security events or worries.
6. Customization: Pick a Company whose security solutions may be tailored to your organization’s requirements. Without adding more security measures, the provider should be able to configure its security solutions to offer the precise level of protection needed.

ABOUT Adex’s CLOUD SECURITY MANAGED SERVICES

As a market leader in cloud-managed services, Adex’s managed cloud security services are regarded as some of the best in the Business.

Know more about: AWS Well-Architected Framework Security Pillar

With over 50+ cloud consultants supporting 400+ cloud projects in our portfolio, we have developed great expertise in offering end-to-end cloud-managed services for various enterprises, particularly for highly regulated industries.

Here’s how we work or how we implement managed cloud security in your organizations:

1. Assess Your Security Needs: First, we start by determining the categories of data that need the highest level of protection and evaluating your organization’s security requirements. This will enable you to decide which managed cloud security solutions best meet your requirements and the appropriate security level needed for each data type.
2. Define Security Policies: Then, we start establishing security policies that specify the obligations of different stakeholders within your firm. This covers data encryption, retention, incident response, and access control regulations.
3. Implement Security Controls: Finally, we start protecting the sensitive information in your firm by putting in place security measures like firewalls, intrusion detection systems, data loss prevention, and identity and access management. Ensure these measures are routinely updated, monitored, and adjusted to meet your unique security requirements.
4. Regularly Review and Update Security Measures: To guarantee that your organization’s security procedures remain effective against changing threats and dangers, we review and update them frequently. This includes conducting routine security assessments, reviewing security guidelines, and revising security measures as necessary.
5. Train Employees: The best practices for using cloud-based applications and services should be taught to our staff with your Company’s security regulations. This involves training staff members to recognize and report security incidents, use passwords, the latest trends, and avoid phishing scams.

Service Credentials

Adex is a 3rd party Audited Next-Gen global enterprise (ISO 9001:2015, ISO/IEC 27001:2013 certified) with an integrated portfolio of IT products and services to provide the best solutions and help businesses meet their objectives.

Adex International helps customers with a cost optimization strategy by leveraging FinOps capabilities to balance cost, speed, and quality. With technical expertise, we are aspirational about where we want to be and committed to the problems we solve for our clients.

We are Google, Microsoft, and AWS partners providing Cloud Based Services, DevOps, and enterprise, digital payment solutions to boost online visibility and drive awareness through digital transformation.