Network and Security Compliance for Managed Service Providers

This solution brief outlines the challenges faced by managed service provider (MSP) CEOs, emphasizing the importance of compliance management in a rapidly growing market projected to reach $355 billion by 2026. It details four key themes affecting MSPs, including technology maintenance amid supply chain issues, market differentiation, security and cyber hygiene, and talent acquisition. The document explains how compliance is not only about preventing cyberattacks but also about adhering to various regulations that govern sensitive data management. It lists global compliance standards relevant to MSPs and highlights the necessity for MSPs to demonstrate security compliance to retain customer trust. The brief also presents best practices for compliance management, such as centralizing change management and automating compliance checks, which can significantly reduce staff time and enhance security. Additionally, it includes critical questions for leadership to consider before incidents occur, ensuring a proactive approach to compliance and risk management.