Hybrid Security Trends Report for Managed Service Providers

This report presents findings on hybrid security trends specifically for the Managed Service Provider (MSP) sector in 2023. It outlines the rapid adoption of cloud technologies among MSPs, with 90% utilizing cloud solutions compared to 81% of organizations overall. The report details the importance of cloud expertise for MSPs, as they play a crucial role in their clients' cloud transition. Additionally, it identifies key IT priorities for MSPs, which include network security and data security, both cited by approximately 70% of respondents. The report also documents the prevalence of cyberattacks, noting that 61% of MSPs experienced a cyber incident in the past year, with phishing and ransomware being the most common threats. To mitigate risks, the report emphasizes the need for MSPs to implement robust security measures, including zero standing privilege and effective identity threat detection tools. Overall, the findings highlight the critical role of MSPs in maintaining cybersecurity for their clients.