Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

According to our Pulse poll, over 50% of MSPs will use vendor consolidation as their strategy to improve profitability. Future profitability. That’s on the mind of all technology leaders, right? But which tactics are best to pursue? Earlier this year we sent a poll asking how MSPs plan to increase their profitability in 2022. Over one hundred responded.

Zero-trust cybersecurity strategies stimulate digital transformation of businesses. As this approach reduces threat risks appreciably, companies have more incentives to make changes to their systems or invest in new technologies. 59% of organizations take this view, according to the Watchguard Pulse Maturity of Zero-Trust in 2022 survey conducted with IT leaders from businesses across the world.

Cyber breaches are everywhere, people are working from anywhere, and data creation is exploding. As a result, businesses want solutions that make data collaboration and governance easier and more secure, and MSPs are at the forefront of this market opportunity. Those opportunities were on full display last week as more than 250 managed service providers, technologists, and Egnyte leaders met virtually—and in-person in London—for Egnyte’s annual MSP Summit.

The standard shipping container is the unsung hero of the modern world! More on that later…

Recently the architecture model known as Secure Access Service Edge (SASE) has been gaining momentum. Not surprising, when the model provides benefits - including reduced complexity of management, improved network performance and resiliency, security policy implemented consistently across office and remote users and lower operational expense. In fact, according to a recent ESG survey, 70% of businesses are using or considering a SASE solution.

Microsoft engineers shared that 99.9% of compromised accounts forgot to turn on MFA. Despite so many warnings and proof of the efficacy of MFA, an M365 security report by Coreview reveals that 78% of M365 administrators do not have MFA activated. Isn't that crazy? It's not always perfect (phishing, social engineering and password brute-force attacks, device theft etc.); nevertheless, it is clearly better than not having it. However, if not implemented with care, it can create headaches for MSPs.

According to Gartner, enterprise usage of AIOps is set to surge from a mere 5% in 2018 to a whopping 30% in 2023. To survive in an increasingly competitive market, MSPs must not only respond well to customer expectations but anticipate them. Another Gartner report states that by 2025, over 80% of public cloud managed and professional services deals will require both hybrid and multi-cloud capabilities from the provider, up from below 50% in 2020.