This is a good way to deploy parts of your Cyber Security Initiative. It is an OPEX model that Enterprise Corporations use to get around resource issues and IT budgetary challenges by paying a monthly fee to a Managed Service Security Provider (MSSP) or Managed Service Provider (MSP) that offers Appliance based or Cloud based solutions.
CIO IT Advisors help organizations choose the correct MSSP and or MSP solution whether Cloud or appliance based that best meets your needs and requirements.