Benefits of Managed Security Services for the Retail Industry

As a retailer, managing confidential and financial data in the right way is critical to your ongoing success. Managed security services are often a practical and cost-effective solution for businesses in the retail sector. Working with a knowledgeable and experienced managed security services provider or MSSP can allow your business to protect confidential customer information, proprietary data and other elements of your company’s online activities. Your MSSP can provide you with some important benefits for your ongoing operations and your company’s financial bottom line.

What Is an MSSP?

According to Forbes, a managed services provider is a firm that allows other companies to outsource certain aspects of their operations. Payroll, human resources and IT activities are among the most common areas in which a managed services provider will assist companies in their workflows and tasks.

A managed security services provider focuses more narrowly on IT services and cybersecurity for the companies they support. For retailers, the security services offered by an MSSP may focus on proprietary data and processes, customer financial information and other essential elements of your business operations.

Managed Security for Retail

Some of the most important pain points for retailers involve the need for specialized IT services that include cybersecurity and physical security for their brick-and-mortar locations. An established managed security services provider can address these and other pain points effectively:

  • Identifying and retaining specialized staffing for cybersecurity and IT processing can be challenging and may represent a significant expense for many retailers.
  • Staying current with the latest cyber threats can also require many hours of research by staff members on your payroll.
  • The cost of IT staffing typically includes full-time salaries, benefits and other expenses that must be included in your retail overhead.
  • Failing to maintain adequate security for sensitive customer data and financial information can do significant damage to your company’s public reputation that could affect your future profitability.

Working with a company that specializes in managed security services can eliminate or mitigate many of these pain points for modern retailers. Understanding the benefits of outsourcing these tasks to a qualified managed security team can allow your business to enjoy a competitive edge in the retail marketplace.

Benefits of Choosing the Right MSSP

Outsourcing your IT and cybersecurity requirements to a company that specializes in these managed security services can provide your business with some real benefits:

  • Consistent budgeting: Rather than maintaining an in-house IT team, working with an outside firm can allow you to manage your monthly expenses much more easily. Predictable pricing and reliable services are among the most important advantages of selecting a managed services provider for your operations.
  • Specialized skill sets: The team members at your MSSP have experience and expertise in specific areas of IT. This ensures that retailers have access to the skills and knowledge necessary to ensure the highest degree of security for their data without the expense of hiring these highly skilled IT professionals outright.
  • Constant monitoring: Maintaining 24-hour monitoring and threat detection can be an expensive proposition for retailers. Working with a company that offers managed security services, however, can lower costs while ensuring that customer and proprietary data remains safe and secure.
  • Improved response times for cyber threats: The focus on cybersecurity offered by managed security service providers can allow your business to respond much more quickly to attempted data breaches and instances of unauthorized access to confidential data. This rapid response capability is an important key to maintaining your company’s good reputation among your current and potential customers.
  • Improved compliance: Depending on your retail sector, you may be subject to regulations regarding your use or storage of customer data. Your MSSP has the experience and the proven knowledge you need to stay on the right side of these legal requirements while providing you with the best possible cybersecurity measures.

Selecting the right solution for managed security can assist you in keeping your data secure and your company profitable. At Meriplex, we offer a full lineup of services designed to help retailers manage their security requirements more easily and effectively.

Why Choose Meriplex as Your Managed Security Services Provider?

Meriplex is a leader in managed security and offers an extensive array of services designed to help your business manage its IT and cybersecurity requirements. Five of the most essential managed security services we provide are listed here:

  1. Cybersecurity: Meriplex can provide security consulting, assessments and managed detection services that can protect your data from unauthorized access and misuse.
  2. Help desk services: At Meriplex, we offer always-available help desk services and server support. We know that IT emergencies and cyber threats don’t always wait for business hours and are here to help when you need us most.
  3. Intelligent wide-area-network solutions: Along with our advanced security support, the team at Meriplex also offers managed software-defined wide-area-network (SD-WAN) and connectivity solutions for retailers with multiple stores or locations.
  4. Cloud infrastructure support: Whether you are looking for unified communications as a service (UCaaS) or managed applications and platforms, Meriplex can deliver outstanding solutions for your cloud computing requirements.
  5. Access control and video surveillance: Meriplex also offers physical security solutions that are designed to protect your property and your personnel from potential criminal activity.

Choosing Meriplex as your managed security services provider can allow you to enjoy greater peace of mind and an improved posture when facing cyber threats. This can be of critical importance in the retail industry and can allow your business to survive and even to thrive in the modern commercial marketplace.

If you need the most advanced and reliable managed security services in the IT industry, Meriplex is here to help. To learn more about our managed security solutions and how they can assist you in protecting your own data and that of your customers, contact our team today. We look forward to the opportunity to serve your managed security needs now and in the future.