Sixth-Annual List & Research Identifies Leading Managed Security Service Providers Worldwide
FARMINGTON HILLS, Mich., September 21, 2022 /PRNewswire-PRWeb/ -- MSSP Alert, a CyberRisk Alliance resource, has named Coretek to the Top 250 MSSPs list for 2022 (http://www.msspalert.com/top250).
The list and research identify and honor the top MSSPs (managed security service providers) worldwide. The rankings are based on MSSP Alert's 2022 readership survey combined with the site's editorial coverage of MSSP, MDR and MSP security providers. The sixth-annual list and research track the MSSP market's ongoing growth and evolution.
"We are thrilled to be listed as a Top 250 MSSP. This honor illustrates our ongoing commitment to security as part of everything we do. Coretek continues to rapidly add security, compliance, and governance capabilities to our consulting and managed service offerings, supporting the rapidly evolving needs of our customers. Our team's deep industry and technology expertise is helping our customers reap the full benefits of the security and compliance capabilities they already possess. At the same time, we guide them toward their vision of tomorrow—all of this under the watchful eye of our Security Operations Center." —Brian Herr, Chief Security Officer
"MSSP Alert congratulates Coretek on this year's honor," said Joe Panettieri, editorial director of MSSP Alert. "The MSSP Alert readership and Top 250 honorees continue to outpace the cybersecurity market worldwide."
Highlights from the associated MSSP Alert research for 2022 include:
- MSSP Revenue Growth & Financial Performance: MSSP honorees, on average, expect to generate $24 million in revenue for 2022, up 26% from 2021. The growth rate is roughly double the market average.
- Geography: Honorees are headquartered in 30 different countries.
- Profits: 90% of MSSPs surveyed expect to be profitable for fiscal year 2022, a five-point improvement from 2021.
- Security Operations Centers: 69% have in-house SOCs, 19% are hybrid, 8% completely outsource their SOCs, and 4% are reevaluating their SOC strategies.
- Cyberattack Trends: The most frequent attacks targeting MSSP customers in 2022 include phishing (97%), vulnerability exploits (93%) and ransomware (91%).
- Cybersecurity Solutions: In a continued sign of market fragmentation, MSSP survey participants mentioned 140 different hardware, software, cloud, distribution and services vendors that assist their cybersecurity efforts.
- Key Managed Security Services Offered: MSSPs and MSPs increasingly seek out partners to deliver MDR (managed detection and response), XDR (eXtended Detection and Response), Incident Response and other key services.
Find the online list and associated report here: http://www.msspalert.com/top250.
About Coretek
Coretek is the #1 Microsoft Azure Partner in the U.S. and an Azure Expert Managed Service Provider with a keen focus on security and compliance extending in and beyond the Microsoft Cloud. As a premier Microsoft cloud-centric Managed Security Services Provider (MSSP), Coretek, unlike other MSSPs that offer purely IT security-related services provides a comprehensive suite of IT Operations (including traditional, cloud, endpoint, and serverless) and IT Security consulting and managed services. Coretek fully leverages the Microsoft security stack, including Microsoft Azure, Sentinel, Defense, Intune, and M365/E5 Security, for centralization of MSSP monitoring and management—for workloads and endpoints that reside in any cloud, mobile, or on-premises. Coretek supports compliant-centric industries, including Manufacturing (including Defense), Finance, Healthcare, Technology, Industrial, Retail, and State and Local Government (SLG). With strict compliance in Microsoft Cloud, Microsoft Gov Cloud, and GCC-High, Coretek supports clients in achieving the following compliance requirements specifically: HIPAA, HITECH, HITRUST, PCI, FTI, IRS 1075, FARS, DFARS, ITAR, EAR, CJIS, CMMC, Securing of CUI, CDI, CTI, NERC, FERC, Critical Infrastructure, Fintech & Insurance regulations, SSAE18 SOC Program Support (service providers).
About CyberRisk Alliance
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Media Contact
Candace Mitchell, Coretek, 1 844-426-7383, [email protected]
SOURCE Coretek
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