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The Privileged Access Management Landscape for MSPs
We’ve compiled findings from research reports and industry experts across the cyber landscape to provide in-depth insights and analyses on the current state of the privileged access management landscape, and how MSPs can scale their cybersecurity programs with a growing business.
SMB Cybersecurity Landscape
With EDR, XDR, and MDR solutions becoming the norm, threat actors evolved beyond the traditional attack surfaces of compromising specific endpoints, servers, or cloud workloads. While these attacks haven’t stopped (ransomware and business email compromise remain the two leading attack vectors, according to NetDiligence), cyber criminals have expanded their focus to a more vulnerable attack sector: compromised, stale, and reused credentials
Key Findings and Takeaways
THE CYBER LANDSCAPE IS GROWING EXPONENTIALLY
Despite (or perhaps because) of the challenges SMB customers face today, IT Businesses are growing steadily in the face of economic headwinds. Researchers believe that these businesses that have survived and thrived in this landscape demonstrated flexibility and ability to drive efficiency with their offering, whether by offering co-managed IT for their clients or by adopting more flexible payment terms.
PRIVILEGED ACCESS, IDENTITY, & RECOMMENDATIONS
We project that IT Teams that focus on optimizing their ROI from their existing solutions with automations or integrations between existing tools will be more prepared to assess their cyber risks and prepare for changes to compliance frameworks or best practices. Specifically, we project that teams with the technology to manage privileged access without expanding attack surfaces will be best-positioned
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