Written by Lev Matveev, SearchInform Founder and Chairman of the Board of Directors
75% of information security experts consider insider threats more dangerous than hacker attacks. This is proven by the SearchInform survey conducted annually. Insider threats include data loss, fraud, theft, kickbacks, business on the side, etc. These are serious risks for any business, resulting in major financial losses, reputational damage and fines from law enforcement agencies. Nevertheless, many companies still do not ensure reliable protection against insider threats.
The reasons are the following:
- Hardware and software for data protection are costly
- The market lacks data security experts
- SMEs cannot compete with large enterprises to engage professionals.
According to our 2022 survey, one-third of companies recognize an acute shortage of information security experts and cannot ensure protection in-house. Therefore, in 2019 we decided to launch a managed security service based on our protection solutions, which gives the opportunity to use them without hiring security specialists.
The SearchInform service provides protection against data breaches, internal fraud, document forgery and other violations by employees. It solves the tasks of monitoring employee working hours, compliance with legal and regulatory requirements, and many more.
We take on all tasks that are usually handled by in-house security staff. Our experts install and maintain security software, customize security policies for effective control, constantly monitor the situation in the company, detect incidents and investigate them. The client receives detailed and visual reports, as well as emergency alerts if it is required to take urgent measures and prevent an incident.
Availing the service, the client does not need to hire a security expert and therefore does not need to spend on social benefits, vacations or sick leaves. The client’s business remains protected if a security employee resigns or takes an unpaid leave. At the same time, our analyst has diverse work experience, knows the solutions well and has all the necessary competencies to work with them. Since we are unacquainted with the client’s employees, our expert will be impartial and will not take anyone’s side. All this allows the clients to save time and money.
When do companies really need MSS?
According to our observations, the service is the best choice for companies with 30-500 employees and without an in-house IS department. When the staff number increases, top managers can no longer control everything and face a high risk of incidents.
Here are a few common situations when you should choose managed security service.
- A company does not have internal security officers or lacks the budget to form a security department. Our service was originated to make data security more affordable. It significantly reduces the company’s costs, as there is no need to purchase software licenses, hardware, or hire a full-time information security officer.
- Full-scale protection is required immediately. Companies often turn to managed security services after an incident has already occurred. It becomes clear that to prevent this in future, it is necessary to implement special security software, purchase additional equipment, and hire a data security officer. These steps will take a lot of time. The service will start protecting your business within 1-2 days.
- A company is not sure that the purchase of security systems will pay off eventually. Our service is an opportunity to test them in real conditions and assess whether they are worth purchasing in each specific case. One first month of the service is free.
- A company wants to conduct a security audit and get a complete picture of the corporate security. The service allows you to quickly find out what data is stored, where exactly it is stored and whether there are access rights violations. As far as the first month, our expert detects cases of corporate fraud, document forgery and other violations, as well as cases of idleness, business on the side or work for competitors.
- For compliance with regulatory requirements. More and more regulations are being adopted or waiting to be adopted. SAMA, GDPR, and DCC incentivize companies to take measures to ensure data security. Some regulations, such as the UAE Information Security Regulation issued by the United Arab Emirates Telecommunications and Digital Technology Authority, even stipulate the use of DLP as a means of preventing data loss. To avoid the risk of hefty fines or lawsuits for non-compliance, you can use our managed security service.
I believe that outsourced data security should soon become as widespread as outsourced accounting or IT services. It is just a matter of time.
SearchInform offers a free trial version for one month!
During this month, clients can assess whether the service really meets their needs. According to our experience, 100% of companies discover some kind of problems during the trial, ranging from the idleness of their employees to corporate fraud and confidential data leakage. 70% of companies that request a free trial continue to work with us.
Request a free trial of the service for one month!
Contact us for more information:
Email: uae@searchinform.com
Office Address: 10C-15, I-Rise Tower, Hessa Street, Barsha Heights, Dubai, UAE.
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