Fourth-Annual List Honors Leading MSSP, MDR and SOCaaS Cybersecurity Companies Worldwide
The list and research identify and honor the top MSSPs, managed detection and response (MDR) and Security Operations Center as a Service (SOCaaS) providers worldwide.
The rankings are based on MSSP Alert’s 2020 readership survey combined with the digital media site’s global editorial coverage of managed security services providers. The fourth-annual list has expanded from 2019 (200 honorees) and 2018-2017 (100 honorees) amid MSSP Alert’s continued, organic readership growth.
“The need for outsourced threat detection and remediation continues to grow in 2020. Organizations like MSSP Alert help our clients understand that Cybriant is a trusted partner.” said Jeff Uhlich, CEO, Cybriant. “For the third consecutive year, we are pleased and honored to be selected as a Top MSSP.”
“After Nines Inc. and MSSP Alert congratulate Cybriant on this year’s honor,” said Amy Katz, CEO of After Nines Inc. “Despite the coronavirus pandemic, this year’s honorees continue to accelerate their businesses, mitigate customer risk and safeguard digital assets worldwide.”
Highlights from the associated MSSP Alert research include:
- MSSP Revenue Growth: MSSP honorees, on average, expect to generate $19.15 million in revenue for 2020, up 16% from $16.47 million in 2019.
- Geography: Honorees are headquartered in 25 different countries — up from 19 countries in the 2019 report.
- Profits: 84% of MSSPs surveyed expect to be profitable for fiscal year 2020.
- Security Operations Centers: 67% have in-house SOCs, 24% are hybrid, 6% completely outsource their SOCs, and 3% are reevaluating their SOC strategies.
- Cyberattack Trends: The most frequent attacks targeting MSSP customers in 2020 include phishing (95%), vulnerability (76%) and ransomware (69%) attacks.
- Cybersecurity Solutions: In a continued sign of market fragmentation, MSSP survey participants mentioned 129 different hardware, software, cloud, and services vendors that assist their cybersecurity efforts — up from 95 in 2019.
- M&A: Mergers, acquisitions and private equity investments continue to accelerate across the MSSP landscape. Twenty high-profile deals involving MSSP 250 honorees have surfaced since last year’s report.
The Top 250 MSSPs list and research were overseen by Content Czar Joe Panettieri (@JoePanettieri). Find the online list and associated report here: http://www.msspalert.com/top250.
Recently named one of Atlanta’s top workplaces, Cybriant continues to grow by serving the cybersecurity needs of their clients. Cybriant helps clients ‘Get PREtected’ by offering managed security services that cover the fundamental cybersecurity needs of most organizations in a comprehensive, all-in-one service. Find out more about PREtect here.
About Cybriant
Cybriant assists companies in making informed business decisions and sustaining effectiveness in the design, operation, and monitoring of their cyber risk management programs. We deliver a comprehensive and customizable set of strategic and managed cybersecurity services. These services include Risk Assessments, vCISO, 24/7 Managed SIEM with LIVE Monitoring and Analysis, 24/7 MDR, 24/7 Real-Time Vulnerability Scanning with Patch Management. We make enterprise-grade cyber security strategy and tactics accessible to businesses of all sizes. Find out more at https://www.cybriant.com. See our reviews here: https://www.g2.com/products/cybriant/reviews
About After Nines Inc.
After Nines Inc. provides timeless IT guidance for strategic partners and IT security professionals across ChannelE2E (www.ChannelE2E.com) and MSSP Alert (www.MSSPAlert.com). ChannelE2E tracks every stage of the IT service provider journey — from entrepreneur to exit. MSSP Alert is the global voice for Managed Security Services Providers (MSSPs).
- For sponsorship information contact After Nines Inc. CEO Amy Katz, Amy@AfterNines.com
- For content and editorial questions contact After Nines Inc. Content Czar Joe Panettieri, Joe@AfterNines.com
