Security News > 2022 > March > MSPs see cybersecurity as both a challenge and an opportunity

The ever-evolving compliance landscape has been a significant challenge for SMBs, with 74% of MSPs stating their customers struggle to meet regulatory compliance requirements.

59% of MSPs had clients that were required to comply with HIPAA guidelines, followed by PCI DSS and GDPR. Cybersecurity remains top of mind.

MSPs are feeling increasingly concerned about the cybersecurity landscape-50% said their business is more at risk to cybercrime compared to one year ago, which is an 11% increase from 2021's data.

Though cybersecurity is a significant concern for MSPs, it's also been a revenue driver-the survey found that 50% of MSPs evaluate the threat landscape quarterly to add new service offerings for their organizations.

92% of MSPs have had supply chain issues impact their ability to sell solutions while 19% said hiring would be their primary challenge in 2022- a 15% jump from 2021's data.

About half of the respondents reported that only 25% of their clients had an active incident response plan, with 8% of MSPs stating that none of their clients had an incident response plan in place.

News URL

https://www.helpnetsecurity.com/2022/03/04/msps-priorities-challenges-predictions/