Managed Security Is Here To Stay

For those of you wondering why security has played a larger role at past MSPWorld conferences, this article will answer that question. According to recent Gartner statistics, the firm is projecting global security spending to increase 7% in 2017 from previous years, reaching approximately $86 billion.

According to Sid Deshpande, principal research analyst at Gartner: "Rising awareness among CEOs and boards of directors about the business impact of security incidents and an evolving regulatory landscape have led to continued spending on security products and services."

To the watchful eye, this is not new. MSPs have long known that regulations and security concerns often have a direct correlation to managed services spending. This has been happening for over 15 years. What is different this time?

Security is Global

Security and regulation is now a global issue and the threats no longer have exclusively regional impact. The same is true with regulation. Foreign companies wanting to do business in the United States must realize that doing so will require compliance with a variety of laws addressing health care, financial services, and general data breach notification requirements.

Similarly, corporations working in the European community now have the reality of GDPR, a framework of laws covering all European member states, involving how data is managed and protected. The world is changing and MSPs are, again, uniquely positioned to play a key role in protecting data.

The demand for security is indisputable. MSPs need to be preparing themselves for the future, and the future is security!

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