Why a managed firewall is important to business

by ACM

04 May, 2020

An up-to-date firewall can help you protect your organization's network while allowing legitimate business communication to be sent and received. It keeps bad actors out and can be used to keep employees away from insecurity or non-work-related sites.

While a firewall provides excellent security and protection, it needs monitoring and management. Monitoring your firewall is an intensive, time-consuming, and expensive task that requires regular upgrades and security expertise. Numerous organizations lack time, internal expertise, and capital to monitor their firewalls around-the-clock. For these companies, having a managed firewall is an affordable and effective solution.

How a Managed Firewall Works

A managed firewall is a service that offers enhanced threat management. Security experts monitor your firewall remotely and can help to prevent any potential threats. To accomplish this, study your network traffic and learn what normal traffic looks like for your business. When any unusual activity is detected, it can be identified and addressed in a shorter time.

Also your provider will perform routine traffic analysis and send regular reports to you so that you will have a clear sense of your network traffic patterns and understand how your managed services team is managing threats to your network

Expertise Made Affordable by the Economy of Scale

The beauty of IT services is like managing a firewall is their ability to leverage economies of scale to offer companies the cybersecurity they need, at an affordable price. In the past, the only option was to create an in-house security solution for your network, which you had to pay for through capital expenditure.

Here are 3 advantages that a managed firewall can enhance your company’s operations:

1. Protect against cybercriminals

Cybercrime is always a major concern for the business as it hinders operations. According to Cybersecurity Ventures' cybercrime report, cyberattack rates are ascending faster than any other crime as it costs the global economy $6 trillion annually by 2021.

A business that falls prey to a cybercriminal will face serious losses and a tough road ahead. According to the Better Business Bureau's 2017 report, half of all businesses would lose their profitability within a month if their critical data was lost.

Therefore having a managed firewall, business owners can avoid or reduce the risk of a cyberattack or breach.

2. Meet compliance requirements

As the threat level of cyberattacks continues to increase, so does the burden of compliance regulations. Existing regulations such as HIPAA, PCI DSS, and Sarbanes Oxley will continue to evolve with ever stricter and more technical compliance requirements. New regulations such as GDPR add to the complexity.

A managed firewall service provider with compliance expertise could ensure your company meets these legal requirements and prevents heavy penalties associated with negligence.

3. Ease burden of monitoring

The burden of round-the-clock monitoring can be hefty for many SMEs. For example, if you have only a small IT department with just one security expert, it's impossible for your staff to continuously monitor your network.

Many business owners need to stay focused on their core business activities; they don't have the time to become IT security experts and hiring enough staff for 24/7 monitoring may be too expensive. A managed firewall solution solves both of these problems.

We Can Help

With the support of our Managed ACM Tech Leasing and Hosted Server Plan, you can shift the burden of compliance, network security, and monitoring to our team of security experts. With Managed Tech Leasing and Hosted Server Plan, customers benefit from next-generation firewall services and unified threat mitigation to protect their network. Our IT helpdesk experts work diligently to stay on top of emerging threats, current best practices, and compliance requirements.

Moreover, our security experts will continuously watch your network for anomalies, strange patterns, or any other indicators of potential threats. We can also take on routine tasks, including patches and security updates, to free your internal resources to help you accomplish more important tasks and projects.

We can provide high levels of security for your network and bill you monthly as an OpEx. Through a carefully crafted Service Level Agreement (SLA), we will spell out our responsibilities and what you can expect from us in the event of a cyberattack on your network.

If you are interested, contact us today either by our hotline: 6295 5962 or email us at info@achievement.com.sg for any enquires.

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