The last couple of years brought countless innovations making use of cloud technology, from simple data storage to robust infrastructure and complex cloud platforms. Software as a Service (SaaS) applications like CRM systems and analytics tools have been steadily gaining popularity - and lately, so have cloud security solutions.
Security as a service, or SECaaS, allows growing companies to delegate their security to an outside company, freeing up their in-home resources while still receiving a high-level, scalable cybersecurity solution.
But what exactly are the SECaaS model and its benefits for entrepreneurs?
With the reported number of cyber crimes increasing by more than 300% since the start of the global pandemic, companies have never been at such a great risk of security breaches and data leaks. While working remotely, employees are at a much greater risk of cyber attacks, with over 40% of them in the US and the UK falling victim to phishing attempts and serious security mistakes that could endanger the entire company.
While some blame the employees for acting carelessly, it’s important to understand the underlying causes for this increase in security vulnerability. Working in times of the COVID-19 pandemic is stressful, with workers being fatigued and distracted more than ever. While employee training and spreading awareness can certainly help, companies need a reliable solution to cybersecurity threats.
The Security as a Service model (SECaaS) rose to popularity as an answer to the rising threat of cybercriminals, offering companies of all sizes scalable security solutions that don't require heavy investment in expensive hardware and constant at-location maintenance. The services are instead delivered over the Internet, very often using advanced cloud technology that’s easy to integrate and highly scalable.
As it turns out, outsourcing your security management services is often much more cost-effective than creating private infrastructure, especially for small and medium businesses that would otherwise require a heavy investment and constant maintenance. With a SECaaS service, businesses can receive a wide range of security services - according to the Cloud Security Alliance, there are several categories of Security as a Service, including:
From allocating network resources and real-time protection of web traffic to advanced intrusion pattern recognition systems and access control, SECaaS solutions offer a variety of protection layers over a company's resources, available for every device and user regardless of location and hardware.
While small and medium companies often see the largest benefits from implementing the Security as a Service model, businesses of all sizes can profit from this framework. The most notable benefits of the SECaaS model include:
As with every security model, SECaaS also comes with its own set of challenges. If the provider’s SECaaS server is compromised, this potentially leaves all its clients vulnerable to the attacks. Vendors need to implement extreme security measures to prevent that from happening, making choosing a reliable and competent SECaaS vendor essential.
While all of the benefits of SECaaS services can be achieved locally, this would require a huge investment of time and resources - a fundamental restructuring of company IT infrastructure for most businesses. Small and medium businesses often can’t afford such an expensive change, leaving them with low-level security measures that are vulnerable to outside interference.
Implementing the SECaaS model offers small and medium companies a scalable solution that’s tailored to their needs. With a subscription-based model, businesses pay exactly for the functionality they need and nothing else, without heavy investments in experts, hardware, and licenses.