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iTWire Tuesday, 20 April 2021 17:32 Perch Security Announces 2021 MSP Threat Report, Predicts Beginning of Regulation of MSP Industry
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COMPANY NEWS: Perch Security, a
ConnectWise solution, today announced the release of its 2021 Perch MSP Threat Report.
In its second edition, the report includes an analysis of major MSP-related security events and trends from 2020 and Perch’s top predictions for 2021, including the first moves by government and/or insurance providers to begin regulating the MSP industry.
The report contains contributions from MSPs, partners, and security experts. Every prediction Perch made in its 2020 report ended up coming true.
In addition to the prediction about MSP regulation, Perch makes two other predictions for 2021: that attackers will begin exploiting MSPs’ reliance upon, and lack of understanding of the cloud; and that cyber extortion will vastly increase the costs and time to recover from breaches.
Attacks on MSPs may lead to greater regulation
Managed service providers (MSPs) are a prime target for cybercriminals as they offer a gateway to the networks of the organizations that they manage, allowing attackers to go after many businesses from one place.
A new report from Perch Security looks at major MSP-related security events and trends from 2020 and makes predictions for 2021 with contributions from MSPs, partners, and security experts.
MSPs have a diverse set of client organizations to support and each managed company has its own priorities, compliance requirements and level of risk tolerance. Educating clients about security and convincing them to pay for more security can therefore be challenging.
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