CyberMaxx™ Named to MSSP Alert’s Top 250 MSSPs List for 2020

Posted by Erin Kennedy on Nov 11, 2020 11:00:00 AM
Erin Kennedy

Fourth-Annual List Honors Leading MSSP, MDR and SOCaaS Cybersecurity Companies Worldwide

MSSP Alert, published by After Nines Inc., has named CyberMaxx to the Top 250 MSSPs list for 2020 (http://www.msspalert.com/top250). 

 

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 2020 readership survey combined with the digital media site’s global editorial coverage of managed security services providers. The fourth-annual list has expanded from 2019 (200 honorees) and 2018-2017 (100 honorees) amid MSSP Alert’s continued, organic readership growth.  

 

CyberMaxx is honored to be recognized as a Top 100 MSSP and very proud to increase our ranking by 52 spots.  This ranking demonstrates our growth, innovation and commitment to the more than 132,000 healthcare heroes we protect." said Thomas Lewis, Founder and CEO, CyberMaxx.

 

“After Nines Inc. and MSSP Alert congratulate CyberMaxx on this year’s honor,” said Amy Katz, CEO of After Nines Inc. “Despite the coronavirus pandemic, this year’s honorees continue to accelerate their businesses, mitigate customer risk and safeguard digital assets worldwide.”

 

Highlights from the associated MSSP Alert research include:

  • MSSP Revenue Growth: MSSP honorees, on average, expect to generate $19.15 million in revenue for 2020, up 16% from $16.47 million in 2019.
  • Geography: Honorees are headquartered in 25 different countries -- up from 19 countries in the 2019 report.
  • Profits: 84% of MSSPs surveyed expect to be profitable for fiscal year 2020.
  • Security Operations Centers: 67% have in-house SOCs, 24% are hybrid, 6% completely outsource their SOCs, and 3% are reevaluating their SOC strategies.
  • Cyberattack Trends: The most frequent attacks targeting MSSP customers in 2020 include phishing (95%), vulnerability (76%) and ransomware (69%) attacks.
  • Cybersecurity Solutions: In a continued sign of market fragmentation, MSSP survey participants mentioned 129 different hardware, software, cloud, and services vendors that assist their cybersecurity efforts -- up from 95 in 2019.
  • M&A: Mergers, acquisitions and private equity investments continue to accelerate across the MSSP landscape. Twenty high-profile deals involving MSSP 250 honorees have surfaced since last year’s report.

 

The Top 250 MSSPs list and research were overseen by Content Czar Joe Panettieri (@JoePanettieri). Find the online list and associated report here: http://www.msspalert.com/top250.

 

About CyberMaxx

CyberMaxx prevents, detects, and responds to cyberattacks for healthcare organizations. CyberMaxx equips its customers with a 24/7/365 security operations center with services including endpoint threat detection and response, network-based threat detection and prevention, security information and event management (SIEM) with advanced data analytics, vulnerability risk management, and incident response services.

 

Contact CyberMaxx for more information about healthcare cybersecurity solutions by visiting https://www.cybermaxx.com

 

 


 

Want to learn more about the changing healthcare landscape and predictions for cybersecurity in the 2020s? Download our FREE eBook, "The Future of Cybersecurity in Healthcare."

Amid the COVID-19 pandemic, increased vulnerabilities from emerging medical delivery models and changing consumer demands will impact data security and patient care.

 

Topics: MSSP, managed security services, healthcare

Download The Future of Cybersecurity in Healthcare

Cybersecurity Central

Knowledge is power.

When it comes to ever-changing advanced cybersecurity threats facing organizations today, knowledge is power. We're here to arm you with everything you need to know to become the security leader you strive to be.

Sign up for the CyberMaxx newsletter to stay up-to-date on:

  • The latest cybersecurity news
  • Need-to-know threat intelligence
  • Insight from industry leaders
  • And more

 

Subscribe Here!

Recent Insight