SOPHOS, a leading global provider of managed security solutions, has recently released its annual MSP Perspectives report for 2024. This most recent report provides insights from 350 different managed service providers (MSPs) across the United States, United Kingdom, Germany and Australia on modern cybersecurity tools solutions. It also documents newly discovered risks and challenges in the industry.
Among the many findings of this most recent report, one of the most concerning trends is the difficulties MSPs face when adapting their service offerings to combat the latest surge of next-generation cyberattacks. When scaling infrastructure to support more advanced security preparedness, MSPs must consider how to navigate these pitfalls.
The 3 largest challenges MSPs face
The most recent MSP Perspectives report released by SOPHOS in May 2024 has shined light on several unique challenges currently being faced in the managed services industry.
Despite having access to numerous scalable IT solutions at their disposal, MSPs are still running into the following critical issues.
1. Keeping up with the latest cybersecurity technologies and solutions
For MSPs to keep up with the regularly evolving state of cybersecurity, they must keep their organizations incredibly agile. However, the reality is that considering the amount of time and resources required for research, development and staff training, they’re often unable to keep up.
This is further complicated by:
Complex solutions requiring in-depth knowledge
An overwhelming number of potential solutions to research
Not knowing the best options for their client’s needs
Many MSPs have already invested in industry-backed security solutions. However, the speed at which these tools are ..
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