By moving their network security needs to the cloud and leveraging Security-as-a-Service (SECaaS) providers, Canadian businesses can increase efficiency and save money. Canadian enterprises and businesses of all shapes and sizes are falling victim to an increasing number of cyberattacks. Simultaneously, they’re also facing numerous challenges in the implementation and application of effective and efficient cybersecurity controls.

“Cybersecurity has become a major problem for all enterprises, large and small,” says John Menezes, President and CEO of Stratejm, a Canadian firm that has pioneered the use of a cloud-based Security-as-a-Service in Canada. “Meanwhile, the traditional methods of fighting cybercrime are becoming increasingly expensive, difficult to implement and operationalize.”

According to Cybersecurity Insiders’ latest Cloud Security Report, based on a comprehensive online survey of more than 1,900 cyber security professionals, data breaches are at an all-time high, while a lack of qualified security staff and outdated security tools remain the top issues for cyber security professionals.

This is despite the fact that Canadian businesses are spending increasingly substantial sums of money to protect their businesses and data from cybercriminals. Even with substantial investment, the ever-evolving threat landscape ensures that determined adversaries are always one step ahead. New threats and methods of attack have forced Canadian enterprises into a never-ending game of cat and mouse. The resulting costs and operational complexity associated with this approach are simply unsustainable.

Taking it to the cloud

Thankfully, it’s not only the bad guys that are making use of new technology to stay ahead of the game. Recent advancements in cloud-based computing have given rise to SECaaS offerings. Designed from the ground up to provide clients with robust, enterprise-grade cybersecurity solutions in an innovative and cost-effective manner, SECaaS is a security management model wherein cloud service providers offer security services along with IT infrastructure on a subscription basis.

“Cybersecurity is composed of many different components, and enterprises must undertake significant costs to purchase and integrate each component,” says Menezes. “Security-as-a-Service brings all the foundational elements of any security program together and offers a single package as a monthly subscription service, resulting in lower costs and fewer worries.”

Many advantages to cloud-based security

The advantages of using a SECaaS solution are myriad and include increased agility, reduced complexity, consolidated control, and a reduced need to hire hard-to-find security professionals. In 2016, 46 percent of organizations reported a shortage of cybersecurity skills in their staff, according to ESG Research. One of the most important benefits to using a SECaaS solution is access to highly trained staff, along with the ability to get those resources up and running very quickly.

Using an SECaaS solution offers real integration and event correlation between applications, servers, and network and security devices. It also provides a full range of network performance monitoring and reporting features, which maximizes your efficiency and minimizes the capital obligations associated with continually purchasing new preventative security technology.
“With this type of service, business owners no longer need to worry about evolving technology, hiring qualified staff, or constantly upgrading equipment and capabilities,” says Menezes. “All the traditional challenges associated with an in-house security program are removed. The cloud-based service takes care of everything and presents it to you in an easy-to-navigate user interface.”

With cyberattacks on the rise, every organization a potential target, and none but the biggest of organizations able to adequately finance increasing security needs, now is the time to consider placing responsibility for the security of your network and assets into the hands of a SECaaS provider.