22/02/2022 FoxTech
Managed service providers (MSPs) offer an invaluable service to small and medium businesses around the globe. Companies that outsource their IT to a provider with expertise in managing IT infrastructure and user access accounts benefit from highly skilled support at a fraction of the cost of hiring in-house.
However, many executives trust that outsourcing their IT to an MSP is enough to protect them from a security breach. While many MSPs do provide cybersecurity hardening, the average small to medium business was subject to a staggering 10,000 attempted attacks a day in 2021, and new research by cybersecurity consultants FoxTech suggests that companies who rely solely on an IT provider for their cyber security protection are leaving their systems vulnerable to attack.
Anthony Green, CTO and cyber crime expert at FoxTech, explains:
“We conducted an audit of hundreds of companies in global industries to find out which sectors are at the greatest risk of cyber attack. Worryingly, we found that the information technology and services sector, which includes MSPs, is at extreme risk of…
