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Optimizing Cyberdefense With Managed Security Services

A strategic partner can help organizations manage risks, automate threat detection, strengthen their security posture and reduce complexity while staying ahead of evolving threats.

IN THIS ARTICLE

Protecting sensitive data and systems from malicious activities has never been more challenging, and the consequences of failure have never been greater. As organizations grow their workforces and application environments, they have more data to safeguard than ever. Meanwhile, cyberthreats continue to multiply and evolve, and cybercriminals are now using artificial intelligence to enhance their tactics. With such increasingly diverse attack vectors, the dangers include not only the threat of ransomware but also insider threats, advanced persistent threats and vulnerabilities in operating technology.

A critical shortage of cybersecurity talent makes it nearly impossible for most organizations to achieve around-the-clock visibility into their environments. However, a managed security services provider can significantly enhance an organization’s security strategy and ensure strict compliance with cybersecurity standards and data privacy regulations, all while optimizing security operations expenditures. Further, partnering with an MSSP alleviates the stress and burden on internal teams, enabling them to focus on strategic initiatives.

CDW’s Managed Security Services can help your organization improve its security strength against evolving threats.

Protecting sensitive data and systems from malicious activities has never been more challenging, and the consequences of failure have never been greater. As organizations grow their workforces and application environments, they have more data to safeguard than ever. Meanwhile, cyberthreats continue to multiply and evolve, and cybercriminals are now using artificial intelligence to enhance their tactics. With such increasingly diverse attack vectors, the dangers include not only the threat of ransomware but also insider threats, advanced persistent threats and vulnerabilities in operating technology.

A critical shortage of cybersecurity talent makes it nearly impossible for most organizations to achieve around-the-clock visibility into their environments. However, a managed security services provider can significantly enhance an organization’s security strategy and ensure strict compliance with cybersecurity standards and data privacy regulations, all while optimizing security operations expenditures. Further, partnering with an MSSP alleviates the stress and burden on internal teams, enabling them to focus on strategic initiatives.

CDW’s Managed Security Services can help your organization
improve its security strength against evolving threats.

mkt84012-managed-security-secondary

The High Stakes of Cybersecurity

Cybersecurity has quickly become a priority for organizations across all sectors. In an era when digital integration is omnipresent in business processes, ensuring robust security measures is critical for maintaining operational integrity and achieving mission success. Yet cybersecurity is not a core competency for most organizations.

The consequences of inadequate cybersecurity measures can be catastrophic. Ransomware attacks, which continue to grow in both volume and sophistication, have the potential to cripple operations. Data breaches can erode customer trust, causing reputational damage that could prove irreparable. Additionally, increasingly stringent global data safety regulations impose significant penalties on organizations that fail to safeguard customers’ information, even if the data is never exposed to cybercriminals.

Most business and IT leaders recognize the critical significance of cybersecurity. However, the availability of top-tier cybersecurity professionals is limited, and they can be costly, leading even large enterprises to occasionally face challenges in fulfilling the demand with their internal workforces alone.

Artificial intelligence is providing some essential support in this area, empowering organizations to leverage AI tools for more rapid and precise threat detection. 

Historically, “alert fatigue” has plagued cybersecurity professionals, but AI platforms are now playing a pivotal role in mitigating this issue. By filtering out false alarms and identifying patterns and connections across various technology stacks, AI delivers unified, context-rich information that equips IT teams to take decisive action. However, it is crucial to recognize that cybercriminals also harness AI technology and use it to orchestrate increasingly sophisticated and targeted attacks. AI aids hackers in coding and developing malware and enhances the effectiveness of social engineering attacks. This technology eliminates the typographical errors and awkward grammar that are characteristic of traditional phishing emails, even replicating the writing style of specific executives to deceive targets with greater efficacy.

31%

The percentage who said insufficient or ineffective employee training was an issue for their organization’s approach to cybersecurity

Source: CDW, 2024 CDW Cybersecurity Research Report, July 2024

According to cybersecurity leader Check Point, organizations experienced an unprecedented 75% surge in cyberattacks during the third quarter of 2024 compared with the same period the previous year. While most of these attacks are intercepted, the financial consequences of even a single successful breach can be staggering. According to IBM, the average cost of a data breach jumped to $4.88 million in 2023 — a 10% increase from the prior year. The financial impact is even more pronounced in critical sectors such as healthcare, finance, technology and energy.

Recent research conducted by CDW shows that lack of internal talent is a major stressor for IT teams. The 2024 CDW Cybersecurity Research Report reveals that 45% of IT and security professionals attribute the majority of their stress to this issue. The scarcity may be due in part to the growing complexity of cybersecurity environments, with nearly half of the surveyed organizations operating 20 or more security tools and platforms. These findings are echoed by IBM, which reports that 53 percent of organizations face a “critical lack” of skilled security workers.

As threats become increasingly dangerous and talent shortages continue to worsen, many business and IT leaders have recognized that they cannot manage all aspects of security themselves. Consequently, they are turning to trusted managed security services providers to secure their environments and bridge critical gaps in expertise.

As cybersecurity leaders evaluate their options, it is important to understand the substantial benefits of partnering with an MSSP. Engaging an MSSP often proves more cost-effective than maintaining an internal security operations center (SOC), significantly reducing the workload and stress on in-house staff and enhancing hiring and retention capabilities. MSSPs deliver specialized skills and advanced capabilities that may not be available via internal staff, improving the organization’s comprehensive security measures, ensuring compliance with regulatory standards and expediting response times to security incidents.

Want to sleep better at night? Managed Security Services
from CDW can help you reduce the stress of cybersecurity.

The High Stakes of Cybersecurity

Cybersecurity has quickly become a priority for organizations across all sectors. In an era when digital integration is omnipresent in business processes, ensuring robust security measures is critical for maintaining operational integrity and achieving mission success. Yet cybersecurity is not a core competency for most organizations.

The consequences of inadequate cybersecurity measures can be catastrophic. Ransomware attacks, which continue to grow in both volume and sophistication, have the potential to cripple operations. Data breaches can erode customer trust, causing reputational damage that could prove irreparable. Additionally, increasingly stringent global data safety regulations impose significant penalties on organizations that fail to safeguard customers’ information, even if the data is never exposed to cybercriminals.

Most business and IT leaders recognize the critical significance of cybersecurity. However, the availability of top-tier cybersecurity professionals is limited, and they can be costly, leading even large enterprises to occasionally face challenges in fulfilling the demand with their internal workforces alone.

Artificial intelligence is providing some essential support in this area, empowering organizations to leverage AI tools for more rapid and precise threat detection. Historically, “alert fatigue” has plagued cybersecurity professionals, but AI platforms are now playing a pivotal role in mitigating this issue. By filtering out false alarms and identifying patterns and connections across various technology stacks, AI delivers unified, context-rich information that equips IT teams to take decisive action. However, it is crucial to recognize that cybercriminals also harness AI technology and use it to orchestrate increasingly sophisticated and targeted attacks. AI aids hackers in coding and developing malware and enhances the effectiveness of social engineering attacks. This technology eliminates the typographical errors and awkward grammar that are characteristic of traditional phishing emails, even replicating the writing style of specific executives to deceive targets with greater efficacy.

According to cybersecurity leader Check Point, organizations experienced an unprecedented 75% surge in cyberattacks during the third quarter of 2024 compared with the same period the previous year. While most of these attacks are intercepted, the financial consequences of even a single successful breach can be staggering. According to IBM, the average cost of a data breach jumped to $4.88 million in 2023 — a 10% increase from the prior year. The financial impact is even more pronounced in critical sectors such as healthcare, finance, technology and energy.

Recent research conducted by CDW shows that lack of internal talent is a major stressor for IT teams. The 2024 CDW Cybersecurity Research Report reveals that 45% of IT and security professionals attribute the majority of their stress to this issue. The scarcity may be due in part to the growing complexity of cybersecurity environments, with nearly half of the surveyed organizations operating 20 or more security tools and platforms. These findings are echoed by IBM, which reports that 53 percent of organizations face a “critical lack” of skilled security workers.

As threats become increasingly dangerous and talent shortages continue to worsen, many business and IT leaders have recognized that they cannot manage all aspects of security themselves. Consequently, they are turning to trusted managed security services providers to secure their environments and bridge critical gaps in expertise.

As cybersecurity leaders evaluate their options, it is important to understand the substantial benefits of partnering with an MSSP. Engaging an MSSP often proves more cost-effective than maintaining an internal security operations center (SOC), significantly reducing the workload and stress on in-house staff and enhancing hiring and retention capabilities. MSSPs deliver specialized skills and advanced capabilities that may not be available via internal staff, improving the organization’s comprehensive security measures, ensuring compliance with regulatory standards and expediting response times to security incidents.

31%

The percentage who said insufficient or ineffective employee training was an issue for their organization’s approach to cybersecurity

Source: CDW, 2024 CDW Cybersecurity Research Report, July 2024

Want to sleep better at night? Managed Security Services
from CDW can help you reduce the stress of cybersecurity.

Cybersecurity by the Numbers

32%

The percentage of cybersecurity professionals who said their organizations are “very prepared” to handle a security breach

Source: CDW, 2024 Cybersecurity Research Report, July 2024

45%

The percentage who said “a lack of staff” is among the issues that contribute most to their stress

Source: CDW, 2024 Cybersecurity Research Report, July 2024

43%

The percentage who said they had suffered security breaches that cost their organizations between $1 million and $10 million in downtime

Source: CDW, 2024 Cybersecurity Research Report, July 2024

Cybersecurity by the Numbers

32%

The percentage of cybersecurity professionals who said their organizations are “very prepared” to handle a security breach

Source: CDW, 2024 Cybersecurity Research Report, July 2024

45%

The percentage who said “a lack of staff” is among the issues that contribute most to their stress

Source: CDW, 2024 Cybersecurity Research Report, July 2024

43%

The percentage who said they had suffered security breaches that cost their organizations between $1 million and $10 million in downtime

Source: CDW, 2024 Cybersecurity Research Report, July 2024

cdw

The Cost of Building an Internal, 24/7 Security Team vs. an MSSP

To staff an in-house security operations center with 24/7 coverage, an organization typically needs at least five to eight full-time employees to account for shifts, vacations and sick leave. The cost includes:

SOC Personnel Costs (Salaries + Benefits)

Role

Estimated Annual
Salary (USD)

Headcount Needed


SOC Analysts (L1 & L2)

$80,000 - $120,000

4-6


Senior Analyst (L3)

$120,000 - $160,000

1-2


SOC Manager

$140,000 - $180,000

1


Threat Intelligence Analyst

$120,000 - $160,000

1 (optional)


Incident Responder (Optional)

$110,000 - $150,000

1 (optional)


Total Personnel Costs

$600,000 - $1.2 million+

5-8 FTEs

SOC Infrastructure Costs

  • Security information and event management (SIEM), security orchestration, automation and response (SOAR), endpoint detection and response (EDR), network detection and response (NDR), threat intelligence, and other security tools: $300,000 - $1 million+ per year
  • Cloud infrastructure and licensing: $100,000 - $250,000 per year
  • Training, certifications and ongoing development: $50,000 - $100,000 per year
  • Office space, power, monitoring screens, VPN access and redundancy: $100,000+ per year

Estimated Internal SOC Cost: $1.2 million - $3 million+ per year

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Cost of MSSP for 24/7 Coverage

MSSPs typically charge based on:

  • Number of endpoints, logs ingested (e.g., gigabytes per day) or users
  • Service tiers (basic monitoring vs. full incident response)
  • Add-ons (such as proactive threat hunting, forensics or compliance support)

MSSP Pricing Examples

  • Small business: $10,000 - $30,000 per month ($120,000 - $360,000 per year)
  • Midsized business: $30,000 - $80,000 per month ($360,000 - $1 million per year)
  • Enterprise: $80,000 - $200,000 per month ($1 million - $2.5 million per year)

Estimated MSSP Cost: $300,000 - $2.5 million per year, depending on scope

Average Cost Savings From MSSP

Category

Internal SOC
Salary (USD)

MSSP


Personnel

$600,000 - $1.2 million+

Included


Security Tools

$300,000 - $1million+

Included (partially or fully)


Infrastructure

$100,000 - $250,000

Included


Training/Certs

$50,000 - $100,000

Included (optional)


Total Annual Cost

$1.2 million - $3 million+

$300,000 - $2.5 million

Key Takeaways

  • MSSPs can save 30%-50% compared with running a fully in-house SOC.
  • Enterprises with high compliance and security needs (e.g., those in the government or the financial and healthcare industries) may still need hybrid models (using internal resources combined with an MSSP).
  • MSSPs reduce demands on internal IT teams around hiring, retention and skill gaps, which are major challenges in cybersecurity.
  • If existing infrastructure (SIEM, EDR, etc.) is in place, MSSP costs may be lower due to reduced log ingestion pricing.

Managed Security Services from CDW can
help you transform your security posture.

Robert McFarlane

Managed Svc Sol Sales Spec

Robert McFarlane joined CDW in 2018 and serves as MSSP practice lead focused on 24/7 operational support for key security technologies.