The list and research identify and honor the top Managed Security Service Providers (MSSPs), managed detection and response (MDR) and Security Operations Center as a Service (SOCaaS) providers worldwide.
The ranking is determined by a number of factors, including annual recurring revenues, profitability, growth rate, cyber professional headcount, managed security services, and third-party industry honors (e.g., Gartner, Forrester, IDC). In addition to establishing the rankings, MSSP Alert utilized the global editorial coverage of managed security services providers combined with its readership survey from 2021. In its fifth year, the report tracks the ongoing growth and evolution of managed security services.
“We are honored to be named to the esteemed list of Top 250 MSSPs, among reputable cybersecurity firms worldwide,” said Roy Richardson, CTO, Aurora InfoTech LLC. He further added, “With today’s digital environment, it is difficult to keep sensitive information safe. Having helped organizations in highly regulated industries implement effective cybersecurity controls and compliance frameworks has been a great honor for us.”
“After Nines Inc. and MSSP Alert congratulate Aurora InfoTech, LLC on this year’s honor,” said Amy Katz, CEO of After Nines Inc. “Amid continued ransomware, malware and supply chain cyberattacks, the MSSP Alert readership and community continues to mitigate risks for businesses and government organizations worldwide.”
The research from the associated MSSP Alert includes the following highlights:
Geography: 2021 Honorees are headquartered in 26 different countries.
The MSSP’s financial performance and growth: The average MSSP expects revenue to increase by 16% for 2021 from $19.2 million in 2020, reaching $22.3 million.
Security Operations Centers (SOC): SOCs are mostly managed in-house for 70% of businesses, hybrid SOCs are for 19%, and they are totally outsourced for 8%.
New Managed Cybersecurity Services: The list of managed security services has grown to incorporate capabilities such as MDR (91%) or SOC as a service (76%), XDR (67%), cyber talent as a service (43%), and cloud security posture management (41%).
Trends in Cyberattacks: As of 2021, vulnerability exploits were the most common attack type seen against MSSP customers (87%), followed by phishing (96%), and ransomware (89%).
Cybersecurity Solutions: According to the survey, there are 130 different hardware, software, cloud, and service vendors that assist MSSPs with their cybersecurity efforts, further proving the fragmentation of the market.
The top 250 MSSPs list and research have been overseen by Content Czar Joe Panettieri (@JoePanettieri).
In a rapidly shrinking world, Aurora InfoTech believes that providing a comprehensive data security solution requires a “Cybersecurity ecosystem.” As an integral company, Aurora InfoTech emphasizes optimization, open-source, and integrating existing resources as much as possible.
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).
About Aurora InfoTech
Aurora InfoTech is a Managed Security Services Provider & IT Solutions company providing a unique blend of scalable, remote IT and cloud-based solutions, resources, and skill sets. The company’s portfolio of services & solutions includes Cybersecurity assessments & consulting, remote management & monitoring of IT infrastructures, data backup & disaster recovery, managed firewall & VPN, cloud-based business software solutions, cloud-based Wi-Fi & PBX solutions, virtualization, and network design & deployment. Additionally, the firm provides 24×7 end-user support via US-based help desk and 24×7 remote monitoring & management of network infrastructure via geographically dispersed Network Operations Centers.
Learn more here: https://www.aurora-infotech.com