Third Annual List Honors Leading MSSPs, MDR Service Providers & Cybersecurity Companies
MSSP Alert, published by After Nines Inc., has named Corsica Cybersecurity — a division of Corsica Technologies — to the Top 200 MSSPs list for 2019 (http://www.msspalert.com/top200). The list and research identify and honor the top 200 managed security services providers (MSSPs) that specialize in comprehensive, outsourced cybersecurity services.
Previous editions of the annual list honored 100 MSSPs. This year’s edition, at twice the size, reflects MSSP Alert’s rapidly growing readership and the world’s growing consumption of managed security services. MSSP Alert’s readership has grown every month, year over year, since launching in May 2017.
The Top 200 MSSP rankings are based on MSSP Alert’s 2019 readership survey combined with aggregated third-party research. MSSPs featured throughout the list and research proactively monitor, manage and mitigate cyber threats for businesses, government agencies, educational institutions and nonprofit organizations of all sizes.
“This year represents significant growth for Corsica Technologies as we have grown through strategic acquisitions bolstering our national platform and adding to our award winning IT service offerings”, says Dale Walls, CEO of Corsica Technologies. “With the acquisition of EDTS Cyber, we added a dedicated cybersecurity division offering a 24×7 Security Operations Center and comprehensive cyber consulting expertise. We will continue to invest in this area as we offer industry leading services to our clients throughout the country.”
“This is our 3rd year being recognized on this elite list of MSSPs. Earning a ranking of #76 on this year’s expanded list is a true testament to our team and the trust that our clients place in us”, says Charles Johnson, President of Corsica Cybersecurity. “From the outset, our goal was to build a cybersecurity practice that couples a dedicated team of certified professionals, with documented process and 24×7 cadence, while working with innovative technology to provide a full suite of cybersecurity and compliance solutions.”
“After Nines Inc. and MSSP Alert congratulate Corsica on this year’s honor,” said Amy Katz, CEO of After Nines Inc. “Amid the ongoing cybersecurity talent shortage, thousands of MSPs and IT consulting firms are striving to move into the managed security market. The Top 200 list honors the MSSP market’s true pioneers.”
MSSP Alert: Top 200 MSSPs 2019 – Research Highlights
The MSSP Alert readership survey revealed several major trends in the managed security services provider market. Chief among them:
- The Top 5 business drivers for managed security services are talent shortages; regulatory compliance needs; the availability of cloud services; ransomware attacks; and SMB customers demanding security guidance from partners.
- 69% of MSSPs now run full-blown security operations centers (SOCs) in-house, with 19% leveraging hybrid models, 8% completely outsourcing SOC services and 4% still formulating strategies.
- The Top 10 cybersecurity vendors assisting MSSPs, in order of reader preference, are Fortinet, AT&T Cybersecurity, Cisco Systems, BlackBerry Cylance, Palo Alto Networks, Microsoft, SonicWall, Carbon Black, Tenable and Webroot (a Carbonite company).
- Although the overall MSSP market enjoys double-digit percentage growth rates, many of the Top 200 MSSPs have single-digit growth rates because they are busy investing in next-generation services – including managed detection and response (MDR), SOC as a Service, and automated penetration testing.
About Corsica Technologies
Corsica Technologies is a national technology platform with dedicated divisions offering: IT Service Management, Cybersecurity, and IT Project Services, backed by private equity firm Inverness Graham. Corsica’s focused mission of delivering world-class technology leadership, to local markets, by local experts, and leveraging the depth and breadth of a national team. In 2018, Corsica was honored as both 2018 MSP of the Year Award by SolarWinds MSP, as well as, MSP of the Year at the Channelnomics Awards. Corsica ranks among the world’s 501 most strategic and innovative service providers, according to Channel Futures 11th Annual MSP 501 Worldwide Company Rankings. Corsica was ranked as one of the Top 100 MSSPs in the world (2017, 2018, 2019) by After Nines Inc., Ranked on the CRN Security 100 list (2017, 2018, 2019), 2018 Excellence for Industry award winner – presented by SC Cyber, and 2018 Brands on the Rise award winner – presented by the South Carolina State Chamber of Commerce. The company continues to grow by a strategy of acquisition and organic growth.
About After Nines Inc.
After Nines Inc. provides timeless IT guidance for strategic partners and IT security professionals across ChannelE2E (www.ChannelE2E.com) and MSSP Alert (www.MSSPAlert.com). ChannelE2E tracks every stage of the IT service provider journey — from entrepreneur to exit. MSSP Alert is the global voice for Managed Security Services Providers (MSSPs).