Financial institutions are being driven to ink managed security deals as they seek to restore their reputations for integrity. Managed security services is one of the fastest growing market segments in the security marketplace. The cost of a managed security service is typically less than hiring in-house, full-time security experts. In an outsourcing deal, the costs to hire, train, and retain highly skilled staff becomes the service provider’s responsibility. A managed security provider can offer an independent perspective on the security posture of an organization.”]
Source: https://www.cuinfosecurity.com/managed-security-services-part-i-benefits-outsourcing-security-a-358