All about Security-as-a-Service

Security-as-a-service (SECaaS) is a security management outsourcing model. Security as a Service typically involves applications, such as Internet-based anti-virus software, but it can also refer to the security management that an external organization manages in-house. Security as a service (SECaaS) is an Internet security service management cloud computing model. SECaaS is based on the Service Software model but is constrained to specialized information security services.

Why do industries need Security-as-a-Service?

Personnel shortages are starting to hit critical levels in the information security field. Small and medium- size companies probably would not have the money to hire these professionals. IT leaders expect that before it improves, this problem will get worse. The budgets for technology feel the strain. Companies need to innovate in order to remain open to competition. There are very high costs for software maintenance, update, patching, and installation. Scale platforms and secure data storage on demand are additionally necessary. All these are cloud-based safety areas, giving stressful IT departments a relief measure.

Where do we see Security-as-a-Service?

Web Security

Threats are rising around the world, which sometimes has a serious impact on system functionality and business operations, due to expanding the use of the Internet. Internet security solutions are used to safeguard computer systems and ensure that activities are performed correctly. The Internet is an unsafe channel for information sharing because it is subjected to fraud or intrusion, like drugs. Different methods are used for the data protection and transfer of the data over the Internet, such as data encryption, firewalls, antivirus, etc.

As more and more people and organizations around the world connect with the Internet via the World Wide Web, email and VoIP and other services, the threat of security seems to increase every day. These attacks are more advanced and continue to evolve with the advancement of technology. The need to protect such applications against advanced threats, such as ransom wares, APT and zero-day attacks and malware, as well as unauthorized access, is a major cause of expanding Web security and e-Mail security in organizations’ use of the cloud based web-based and e-mail applications.

Application Security

Enabling companies to securing their business - sensitive applications through more visibility, control, and use of existing Application security solutions and services, such as IAM, Web filters, and Application Whitelisting, enable the safeguarding of corporate applications and software codes against external and domestic threats.
Business sensitive applications are one of the main focuses of attackers, because they contain information about critical assets and processes followed by a company. Cloud-based security-as-a-service solutions for applications provide customers with economical and scalable functionalities, which induce high growth on this marketplace.

Advantages of leveraging Security-as-a-Service

Environmentally sensitive applications can be secured by means of more vision, control, and use of existing safety solutions like identity and access management (IAM), web filtering, and whitelisting, which allow the security of enterprise applications and software codes, including internal and external threats.
Security-as-a-service platforms can monitor an entire employee base along with balancing endpoint management. Results are delivered to the concerned destination in real time with automatic alerts triggered whenever unusual activity is recorded. Automatically completing such tasks allows trained professionals in technology to focus more on efforts that advance business while protecting much of the industry behind the scenes. Benchmarking, contextual analysis, and cognitive insights provide employees with rapid access to questionable items. This permits movement without the need to work drudgery in the background.
The Bottom Line

The SaaS industry is driven by increasing cybercrime, growing sensitive organizational data and increasing mobile device trend. Over the years, the utilization of cloud technology has significantly increased and the need for more protective and economic security solutions has been created. The strict regulations of the government have pushed the market towards a better-integrated service that meets government regulations.
However, the refusal to share sensitive information, availability of free security services and hesitation of the organizations’ cloud-based security limit SaaS adoption. Increasing e-businesses, increasing awareness of data protection, increasing the trend towards bring your own device (BYOD) and adopting managed security practices creates enough opportunities for the technology. In addition, in the near future, global security as a service market is projected to grow to a CAGR of 16.4%.