Small subcontractors are frequently used as soft-target gateways for attacking large clients, as you’ve probably seen in the news. Middle-tier companies are both appealing and susceptible targets for ransomware. Managed Service Providers (MSPs) attacked by trusted supply-chain software providers might put their own clients at risk, as recently reported in the news. These terrible facts have prompted IT service providers, especially MSPs, to increase their cybersecurity solutions or at the very least inform consumers about their own security readiness.

Offering Security Services as an MSP is Within Reach

Advanced Managed Threat Protection services are in high demand. According to Gartner, global spending on information security and risk management technology and services will increase by more than 12% this year, hitting $150.4 billion.

However, for an MSP, the transition to offering Managed Security Service Provider (MSSP) services can be difficult and costly. If you go it alone, you’ll have to pay for a team of highly expensive cybersecurity pros to staff even a basic setup, let alone a 24/7/365 Security Operations Center (SOC) to respond to cybersecurity warnings as they occur. Furthermore, a cybersecurity skills scarcity is making it more challenging than ever to locate and keep qualified personnel.

Recruiting cybersecurity workers is tough for 76% of security professionals, and there are so many job postings that it might be difficult to retain outstanding individuals from jumping ship once you discover them. Along with the expense and skills scarcity comes the much more difficult task of properly operating a SOC. Process latency concerns, a lack of proper monitoring and management tools, and knowledge asymmetries among workers are all possibilities.

Reliable IT extended beyond their core success in IT administration, usability, and performance management by working with a Master MSSP. Reliable IT’s managed IT support and advice services.