In this episode of Kopi-O with CISO, Datuk Alan See and I are taking a deep dive into the future of Managed Security Services Providers (MSSPs), the industry trends shaping this landscape, and the growing call for consolidation. Datuk Alan, the Co-founder and CEO of FIRMUS, a leading MSSP, who joins us to shed light on the critical role of these providers in today's complex cyber security environment.

We begin by exploring the fundamentals of MSSPs, their key functions, and the significant challenges they face in delivering effective security services. We then shift focus to the current era of escalating cyber threats, discussing how MSSPs can adapt, and the role technology plays in enhancing their capabilities. Datuk Alan also shares valuable insights into how FIRMUS and other MSSPs communicate their value and ROI to potential clients, alongside the benefits for organizations in outsourcing their security needs.

We also examine the trade-offs of choosing between an in-house security team and outsourcing to an MSSP, discussing how providers like FIRMUS adapt their services to cater to unique industry needs. We delve into the critical considerations for organizations evaluating potential MSSP partnerships and how this potential consolidation impacts competition, innovation, and benefits or risks for client companies.

As we navigate the influence of AI and ML on the security landscape, Datuk Alan elucidates the emerging trends MSSPs need to be cognizant of to stay ahead. We then tackle the question of how MSSPs can maintain a competitive edge in a consolidating market and strategies smaller or newer MSSPs could employ.

Don't miss this enlightening conversation that delves into the heart of MSSP operations, their evolving roles, and the changing dynamics of this critical industry.

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