Cybersecurity For SMBs: Huge Market Opportunity for MSPs

“Cybercrime is rising and SMBs depend on MSPs to offer the safety instruments and companies they will’t employees or construct themselves,” Invoice Campbell, CEO of Waldorf, Md.-based MSP BalanceLogic, which is on the 2025 CRN MSP Pioneer 250 listing, advised CRN.

“Cybercrime will hit $10.5 trillion this yr,” Manny Rivelo, CEO of ConnectWise stated throughout his keynote on the firm’s current IT Nation Safe occasion, referencing a report from Cybersecurity Ventures.

“It’s easy, when the threats improve, the worth of the defenders skyrockets,” Campbell famous.

There are 3.5 million unfilled cybersecurity jobs worldwide, in line with Cybersecurity Ventures, which Rivelo stated underscores each the demand and the chance for jobs within the trade.

Rivelo identified that the world marketplace for managed companies stands at $5.4 trillion, with 44 % of that tied to the SMB market. Clearly there’s additionally demand and alternative for MSPs who know cybersecurity.

Coincidentally, The Hacker Information reported that ConnectWise was the sufferer of a cyberattack late final month.

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