The real cost of MSSPs not implementing new tech
Enterprises have plenty to manage as their infrastructures scale with a growing and increasingly complex cloud computing environment. They often bring in expert help to ensure a strong security posture, outsourcing jobs to managed security service providers (MSSPs).
Contracting with firms whose sole focus is cybersecurity makes a lot of sense for organizations that are feeling the pinch from the growing shortage of skilled cyber professionals. The cybersecurity workforce gap is expected to reach 3.12 million jobs worldwide this year, up from one million in 2014. And cybersecurity jobs take, on average, 21% longer to fill than other IT jobs.
But even MSSPs can get overwhelmed if they don’t have the right tools to do the job effectively. The demand for their services has been growing significantly in recent years. The MSSP market was estimated at $31.6 billion in 2020 and…