Rising cyber threats mean more chances for managed security service providers. Gartner forecasts global spending on security and risk management to reach $215 billion in 2024, up 14.3% from 2023’s $188 billion.
Additionally, Gartner forecasts that spending on security services including consulting, IT outsourcing, implementation and hardware support will total $90 billion in 2024, an 11 percent increase from 2023. Security services are expected to represent 42 percent of total security and risk management end-user spending.
MSP vs. MSSP
Typically, an MSP offers comprehensive IT operations and infrastructure management, while an MSSP specializes in cybersecurity services, usually from a dedicated security operations center (SOC). The key difference lies in their focus where MSPs cover a range of services including IT and security Operations, whereas MSSPs exclusively provide cybersecurity solutions, leading to more comprehensive and tailored security offerings from MSSPs compared to baseline security services offered by MSPs.
Understanding MSSPs
A workforce study by ISC2 found a global cybersecurity workforce gap of over 3 million people. With such scarcity and demand, many businesses are likely to struggle to find highly skilled cybersecurity professionals. Amid escalating cyber threats and a shortage of skill sets, businesses are likely to rely on Managed Security Service Providers (MSSPs) to fortify their defenses and safeguard critical assets.
Among the services offered, MSSPs can provide immediate expertise and technology in machine (non-human) identity management, digital certificates, and network automation as external providers. They adapt to the dynamic cybersecurity landscape, sparing organizations the burden of building and managing their cybersecurity programs. Service quality and coverage vary among vendors, with some providing basic system monitoring and alerting, while others offer comprehensive protection through security management, endpoint security, threat detection, and incident response.
Certificate Lifecycle Management with Visibility, Control and Insights – All in One Place
Unveiling the Benefits of AppViewX for MSSPs
At the forefront of this cybersecurity initiative is AppViewX, a trusted partner empowering MSSPs with innovative solutions tailored to meet the evolving challenges of the digital landscape effectively. Here are some of the ways AppViewX enables MSSPs to offer critical cybersecurity services:
1. Comprehensive Machine Identity Management:
- AppViewX provides MSSPs with a comprehensive machine (non-human) identity management platform, enabling them to manage, secure, and automate the lifecycle of digital certificates, keys, and other machine identities across diverse environments.
2. Enhanced Security Posture:
- By centralizing visibility and control over machine identities, AppViewX empowers MSSPs to proactively identify and mitigate security risks, ensuring continuous compliance with industry regulations.
3. Streamlined Operations and Automation:
- AppViewX’s intuitive interface and automation capabilities streamline operations for MSSPs, minimizing manual intervention and reducing the risk of human error.
4. Scalable Solutions for Growth:
- AppViewX offers scalable solutions that cater to the evolving needs of MSSPs and their clients, supporting growth and expansion while maintaining high levels of performance and reliability.
Key benefits of the AppViewX MSP platform for partners include:
The MSP Central Manager connects to all the AppViewX Cloud environments managed by an MSP or MSSP and offers a unified view of the tenant data in a single view. This provides MSPs and MSSPs with a centralized portal across all their AppViewX Cloud instances.
- Governance – Consolidated view of tenants, Licensing and Usage
- Operations – Centralized search of accounts and tenant Insights, Application reports with Single sign on (SSO) access.
- Provisioning – Centralized Self-service portal for account onboarding, Whitelabeling and provisioning of tenants
- Take quick action to triage and remediate across the customers environment.
In conclusion, MSSPs play a vital role in safeguarding businesses against cyber threats, and AppViewX empowers them with innovative solutions to meet the evolving demands of the digital landscape. By leveraging the AppViewX AVX ONE certificate lifecycle and PKI platform , MSSPs can address machine (non-human) identity management requirements for their customers to enhance their security posture, streamline operations, and differentiate their offerings in a competitive market.
Get Started Today
Partner with the leader in certificate lifecycle management and PKI solutions that is committed to the success of MSPs and MSSPs. Visit www.appviewx.com/partners to get started or contact [email protected] to become a partner.