Adrian Johnson
TLDR:
An Arctic Wolf survey has found that more than 50% of managed service providers’ (MSPs) total revenue came from cybersecurity services in 2022. However, MSPs face challenges in providing effective cybersecurity services, such as alert fatigue and resource limitations. They also need to address the specific security risks they face as organizations. MSPs are increasingly targeted in supply chain attacks, making cybersecurity for both MSPs and their customers paramount. The survey found that 81% of MSPs currently offer managed detection and response (MDR) services, which can transform their cybersecurity posture by helping them monitor, detect, and respond to threats. MDR solutions provide 24/7 IT environment monitoring, comprehensive visibility into customer environments, outsourced resourcing for proactive security actions and incident remediation, compliance assistance, and better protection against social engineering tactics. With increased investment in cybersecurity offerings, MSPs can achieve a more secure future and increase revenues.
