Boston, April 29, 2021 – Small and midsize financial organizations are receiving the same sophisticated threats and attacks as major organizations but lack the resources to defend against them. These firms generally have small cybersecurity teams or, in many cases, no dedicated on-staff cybersecurity professionals. But organizations looking to augment cybersecurity capabilities with third-party services have a dizzying array of choices in an incredibly fragmented marketplace.

This Impact Brief provides an overview of the offerings from managed service providers and managed security service providers. It focuses on the value offered by SOC-as-a-Service for small and midsize financial services organizations and provides a case study demonstrating the value of SOC-as-a-Service. It is based on briefings, discussions, and participation in virtual events with service providers, technologists, and IT professionals utilizing outsourced security services in late 2020 and early 2021.

Clients of Aite Group’s Cybersecurity service can download this 10-page Impact Brief. To learn more about the topic covered in this Impact Brief, please contact us at [email protected].

This report mentions AgileBlue and Alpha Theory.