Cost -v- Security: Should UK SMEs Outsource Cybersecurity to an MSSP Like FoxTech?
June 12, 2025Helping Keep Small Business CYBERSafe!
Gibraltar: Thursday 12 June 2025 at 11:30 CET
Cost -v- Security: Should UK SMEs Outsource Cybersecurity to an MSSP Like FoxTech?
By: Iain Fraserย โย Cybersecurity Journalist
Published in Collaboration with: FoxTech
SMECyberInsights.co.ukย – First for SME Cybersecurity
Google Indexed on 120625 at 12:58 CET
#SMECyberInsightsย #SMECyberAwarenessย #CyberSafe #SME #SmallBusinessย #MSSP #FoxTech
Cost vs. Security: Should UK SMEs Outsource Cybersecurity to an MSSP Like FoxTech?
Cybersecurity is no longer a โnice to haveโโitโs a fundamental business requirement. Yet, for many UK Small and Medium-sized Enterprises (SMEs), the decision to invest in in-house capabilities or outsource to a Managed Security Services Provider (MSSP) boils down to one critical question: Is it worth the cost?
In todayโs threat landscapeโRansomware, Phishing attacks, Insider threats, and Supply Chain vulnerabilitiesโthe answer increasingly leans toward outsourcing. But itโs not a one-size-fits-all solution. Here’s what SMEs need to know when weighing cost vs. security, and how providers like FoxTech can bridge the gap.
The Growing Cost of Cyber Threats
According to the UK Governmentโs 2024 Cyber Security Breaches Survey, 32% of businesses reported cybersecurity breaches in the past 12 monthsโwith small businesses often bearing the brunt without the resilience of larger enterprises.
The average cost of a Cyber attack for a Small UK Business now exceeds ยฃ4,200, with indirect costs such as downtime, reputational damage, and regulatory fines pushing that number even higher.
In contrast, many SMEs are still spending less than ยฃ500 annually on cybersecurity. That gap exposes a serious mismatch between perceived cost savings and actual business risk.
Managed Security Service Providers offer a range of services tailored to meet the security needs of organisations without the cost of building an in-house team. These typically include:
* 24/7 monitoring and threat detection
* Firewall and endpoint management
* Incident response and recovery
* Security audits and compliance support
* Cloud and network security solutions
A strong MSSP like FoxTech also delivers proactive threat hunting, real-time threat intelligence, and bespoke consultingโan essential asset for SMEs facing compliance pressures under GDPR or industry-specific regulations.
Breaking Down the Cost: In-House vs. MSSP
Letโs compare. Hiring even one full-time Cybersecurity professional in the UK can cost ยฃ50,000+ annually, not to mention ongoing training, certifications, tools, and support systems.
By contrast, a typical MSSP subscription can start as low as ยฃ500โยฃ2,000 per month, depending on your business size and risk profile. That gives you access to a full security operations teamโat a fraction of the price.
SME Case Insight: โFrom Firefighting to Fortifiedโ
A London-based SME in the legal sector recently partnered with FoxTech after struggling with repeated phishing attacks and data loss. Within weeks, FoxTech‘s team implemented multi-layered defences, trained staff, and helped the business secure cyber insurance at lower premiumsโall while reducing internal IT stress.
โFoxTech gave us enterprise-grade protection on an SME budget,โ says the companyโs director.
Why FoxTech Stands Out
While many MSSPs offer similar toolkits, FoxTech (Foxtrot-Technologies.com) goes beyond basic coverage. Their UK-based team understands the regulatory environment, the specific risks SMEs face, and the importance of affordable, scalable solutions.
Some key FoxTech differentiators:
* UK-tailored compliance expertise (ICO, GDPR, FCA, etc.)
* Advanced threat simulation and risk assessments
* Affordable entry-level packages with room to scale
* Transparent pricing and measurable ROI
* Proven experience across legal, financial, and professional services
Their approach blends technology, people, and strategy, giving SMEs a competitive edge not just in security, but also in operational trust and client confidence.
Key Considerations Before You Outsource
Before engaging an MSSP, UK SMEs should ask:
* What are our most valuable digital assets?
* How fast can we currently detect and respond to a threat?
* What would a breach cost us in lost business or regulatory fines?
* Do we have the internal capacity to stay ahead of evolving threats?
If any of these questions cause concern, it may be time to consult an MSSP like FoxTech for a no-obligation security posture review.
Optimising Security Without Breaking the Bank
Outsourcing to an MSSP like FoxTech is not just a cost-saving measureโitโs a strategic move toward resilience and business continuity. For SMEs already stretched thin, partnering with a trusted expert provides peace of mind and positions the business to grow securely.
Final Takeaway:
In 2025, cybersecurity is not a sunk costโitโs an enabler of trust, growth, and survival. With tailored MSSP services from FoxTech, UK SMEs can have their cake and secure it, too.
UK Small Business Owner? Join SMECyber Free Now! & Access the SME Cyber Forum – Read, Learn, Engage, Share …
The Latest SME Cybersecurity News, Threat Intelligence & Analysis, Timely Scam Alerts, Best-practice Compliance, Mitigation & Resources specifically curated for UK Based SMEs in a Single Weekly Email direct to your Inbox or Smart Device together with Unrestricted Free Access to our entire SME Cyber Knowledge & Tutorial Library.
FOXTECH – Effortless Security | World-class Expertise
Managed Cyber Security Services for SMEs – Security monitoring, vulnerability management, penetration testing and consultancy.ย Get straightforward advice on how to make your business more secure.
Get In Touch –ย Get in touch for a free, no obligation consultation. If you would prefer to speak to an expert now call us on: 0330 223 5622
LinkedIn: @FoxtechUKย | Email: [email protected]
Foxtrot Technologies, England. UK