39% of MSPs face major hurdles with advanced security tech

TLDR:

39% of MSPs are facing major setbacks when adapting to advanced security technologies, according to a recent report by SOPHOS. The report highlights challenges such as keeping up with evolving cybersecurity technologies, securing adequate cybersecurity talent, and mitigating risks from emerging threats. MSPs are turning to Managed Detection and Response (MDR) services to address these issues, providing access to advanced security tools, updated protocols, and a pool of cybersecurity talent. It is crucial for MSPs to enhance their cybersecurity offerings to meet the growing demands of clients.

Article:

Security Services SOPHOS, a leading global provider of managed security solutions, has recently released its annual MSP Perspectives report for 2024. This most recent report provides insights from 350 different managed service providers (MSPs) across the United States, United Kingdom, Germany, and Australia on modern cybersecurity tools solutions. It also documents newly discovered risks and challenges in the industry.

Among the many findings of this most recent report, one of the most concerning trends is the difficulties MSPs face when adapting their service offerings to combat the latest surge of next-generation cyberattacks. When scaling infrastructure to support more advanced security preparedness, MSPs must consider how to navigate these pitfalls.

The most recent MSP Perspectives report released by SOPHOS in May 2024 has shined light on several unique challenges currently being faced in the managed services industry. Despite having access to numerous scalable IT solutions at their disposal, MSPs are still running into critical issues such as:

• Keeping up with the latest cybersecurity technologies and solutions
• Securing adequate cybersecurity talent
• Mitigating risks from emerging threats

In response to these challenges, MSPs are turning to Managed Detection and Response (MDR) services to provide advanced security tools, updated protocols, and a pool of cybersecurity talent. By enhancing their cybersecurity offerings, MSPs can better meet the growing demands of clients and stay ahead of modern-day cyber threats.