Managed Security Service Providers (MSSPs) have been helping companies operate more securely for some time, but demand for their services has skyrocketed due to digital transformation and the COVID-19 pandemic. It is estimated that companies will spend $77 billion on MSSP services by 2030, up from $22 billion in 2020. At the upcoming RSA Conference 2023, the discussion will focus on MSSPs and their increasing role in cybersecurity. Geoff Haydon, CEO of Ontinue, a Zurich-based MXDR service provider, discussed the drivers behind the MSSP market and the potential for innovation. He noted that Microsoft has become the world’s largest and most important cybersecurity company, and their applications are very conducive to delivering and enriching a cyber security program. Byron V. Acohido, a Pulitzer Prize-winning business journalist, is committed to raising awareness about how to make the Internet more secure. At RSA Conference 2023, he will keep watch and continue to report on the developments of MSSPs.
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Source: Thelastwatchdogs