It’s true that some organizations today still have reservations about using a managed service provider (MSP) due to concerns about relinquishing control over their IT infrastructure and data security to a third party. Fortunately, this perception is changing for many reasons.
Today, there is a great need managed IT services. In fact, spending in the IT services market is projected to reach US$30.23bn in 2024. This blog explores the challenges that organizations have in keeping data and IT networks secure, and the role of that MSPs play in today’s ever evolving threat landscape.
Challenge: Keeping Data Secure Amidst Resource and Budget Constraints
Cyberattacks are a growing threat, hitting organizations with ransomware and data breaches, prompting businesses to prioritize strong cybersecurity and reliable backup solutions, yet many face internal hurdles addressing these needs for a variety of reasons.
Complex IT Environments: Managing the complexity of modern IT infrastructures, including hybrid environments, poses a challenge to achieving resilience.
Evolving Cybersecurity Threats: Evolving cyber threats, such as ransomware and data breaches, can disrupt operations and compromise data integrity.
Data Growth: Coping with the exponential growth of data while ensuring effective storage, backup, and compliance presents difficulties.
Lack of Comprehensive Planning: Many organizations lack integrated strategies, focusing on individual components rather than a holistic approach to resiliency.
Budget Constraints: Limited resources may lead to outdated infrastructure and inadequate resiliency measures.
Why more Organizations are choosing managed IT services in 2024
A report from CTV News marked 2023 as the worst year on record for cyber attack activity in Canada, prompting organizations to rely on MSPs for their ability to keep up with the everchanging threat landscape and evolving technologies. The top benefits of engaging with an MSP?
1. Implementing Multi-Layered Security Measures: MSPs deploy a combination of firewalls, antivirus software, intrusion detection systems, and encryption protocols to safeguard against a wide range of cyber threats.
2. Providing Proactive Monitoring and Threat Detection: MSPs continuously monitor networks and systems for suspicious activity, promptly detecting and responding to potential security incidents before they escalate.
3. Offering Employee Training and Awareness Programs: MSPs conduct regular training sessions to educate employees about cybersecurity best practices, such as identifying phishing attempts, using strong passwords, and recognizing potential security threats.
4. Implementing Regular Security Updates and Patch Management: MSPs ensure that software and systems are kept up to date with the latest security patches and updates, minimizing the risk of vulnerabilities being exploited by cyber attackers.
5. Offering Comprehensive Backup and Disaster Recovery Solutions: MSPs provide robust backup and disaster recovery solutions to ensure that critical data can be quickly restored in the event of data loss or corruption, enabling organizations to maintain business continuity even in the face of cyber incidents.
Choosing the Right MSP Partner
When choosing the right managed service provider, it’s essential to consider factors such as expertise, services offered, and reliability; HostedBizz’s extensive network of providers offers a wide range of expertise and solutions to meet diverse business needs, ensuring you find the perfect fit for your organization.
Need help get started? Get in touch with HostedBizz to learn more about how we can help you lighten the burden of your IT!
