Fifth-Annual List Honors Leading MSSP, MDR and SOCaaS Cybersecurity Companies Worldwide
17th September 2021, Dover DE, USA MSSP Alert, published by After Nines Inc., has named Sattrix Information Security to the Top 250 MSSPs list for 2021.
The list and research identify and honor the top MSSPs, managed detection and response (MDR) and Security Operations Center as a Service (SOCaaS) providers worldwide.
The rankings are based on MSSP Alert’s 2021 readership survey combined with the digital media site’s global editorial coverage of managed security services providers. The fifth-annual list and research report track the managed security service market’s ongoing growth and evolution.
“Running a successful company is all about happy employees. Knowing and connecting with my dear employees has always been a part of my journey” – Sachhin GAJJAER, Group CEO & Founder.
“After Nines Inc. and MSSP Alert congratulate Sattrix Information Security on this year’s honor,” said Amy Katz, CEO of After Nines Inc. “Amid continued ransomware, malware, and supply chain cyber-attacks, the MSSP Alert readership, and community continue to mitigate risks for businesses and government organizations worldwide.”
Highlights from the associated MSSP Alert research include:
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MSSP Revenue Growth & Financial Performance: MSSP honorees, on average, expect to generate $22.3 million in revenue for 2021, up 16% from $19.2 million in 2020. The growth rate remains consistent with last year’s report.
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Geography: Honorees are headquartered in 26 different countries.
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Profits: 85% of MSSPs surveyed expect to be profitable for fiscal year 2021, which is roughly even with 2020.
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Security Operations Centers: 71% have in-house SOCs, 19% are hybrid, 8% completely outsource their SOCs, and 2% are reevaluating their SOC strategies.
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Cyberattack Trends: The most frequent attacks targeting MSSP customers in 2021 include vulnerability exploits (87%), phishing (96%), and ransomware (89%) incidents.
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Cybersecurity Solutions: In a continued sign of market fragmentation, MSSP survey participants mentioned 130 different hardware, software, cloud, and cybersecurity services vendors that assist their cybersecurity efforts — roughly even with our 2020 report.
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New Managed Security Services Offered: In addition to traditional managed security services, capabilities such as MDR (91%) have now gone mainstream. Plus, fast-growth services offered include SOC as a service (76%), XDR (67%), cyber talent as a service (43%) and cloud security posture management (41%).
For More Information: Sattrix Information Security Named to MSSP Alert’s Top 250 MSSPs List for 2021
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