With an already installed Plug-In (Jetpack), it is more than just a Security Plug-In. It offers Security, Performance, Writing, Sharing, Discussion, Traffic, Newsletter, and Monetization settings/options to choose from, giving the purpose of being a multifunctional tool. But we will be going into what Jetpack does as a security Plug-In.
Jetpack addresses the need for firewall protection. See below for the free and paid option settings that are offered by Jetpack.

It also addresses the need to limit malicious login attempts automatically with the setting turned on, as seen below.

Jetpack also allows the website owner to require accounts to use WordPress.com Two-Step Authentication as an option for even more security. The image is below.

