A CyberRisk Alliance Resource, MSSP Alert – TOP 250 MSSPs Services Providers 2022 edition

A succinct summary The Top 250 MSSPs and associated survey respondents continue to expand more quickly than the managed security market as a whole. In fact, respondents to the survey anticipate that annual MSSP revenues will increase by 26% in 2022 compared to 2021, or nearly twice the market growth rate. MSSP growth is being driven by a variety of market trends.
Examples include:

The shift from manual, in-house cybersecurity processes to automated, outsourced processes that MSSPs manage.

For-profit supply chain cyberattacks and ransomware events that demand third-party mitigation services.

Hybrid work and remote work business models, which have increased end-customer demand for security monitoring.

Heightened nation-state attacks and geopolitical events such as Russia’s invasion of Ukraine, which potentially threaten all Internet connections.

To address these new MSSP realities, numerous cybersecurity market segments are advancing and integrating. Examples comprise:

MSSP and MSP Partnerships: Small MSPs generally provide basic endpoint and data protection services, but they increasingly lean on full-blown, pure-play MSSPs to deliver MDR, incident response, SOC and other advanced services.

M&A: Forty-five major MSSP mergers and acquisitions M&A occurred from January 2022 through August 2022, compared to 22 M&A transactions
during the corresponding period in 2021. M&A deals typically involve MSSPs seeking to expand regional footprints, grab talent or obtain skill sets in
fast-growth areas such as XDR.

Private Equity Investments: PE firms continue to acquire MSSPs. Active buyers in 2022 so far include Investcorp Technology Partners (ITP) and Lee Equity Partners, among others.

MSSP, MDR and XDR Convergence: MSSPs and cybersecurity software companies continue to extend beyond MDR toward XDR-related services. The result involves occasional competition between the MSSP, MDR and software providers

Companies listed are:

Deloitte, Orange Cyberdefense, BT Security, AT&T Cybersecurity, Telefónica Tech – Cyber
Security & Cloud, Ensign InfoSecurity, Trustwave, Accenture, eSentire, Kroll, ECS Federal, IBM Managed Security
Services, Secureworks, Entelgy Innotec Security, Cyderes, Alert Logic by
HelpSystems, Deepwatch, PDI Software, NTT Security, Ntirety, AKATI Sekurity, Rapid7, Proficio, Adarma, Kudelski Security, LMNTRIX, CyberProof, Verizon Managed Security
Services, Wipro, Optiv, Netsurion, Arctic Wolf, PwC – Managed Cyber
Defence, ISH Tecnologia, Thales, Nuspire, Atos, Infosys, Booz Allen Hamilton, Performanta, Talion, Magna5, Motorola Solutions, Ernst & Young (EY), BlueVoyant, GoSecure, Sirius Computer Solutions, Intelligent Technical
Solutions, Capgemini, Mnemonic, Binary Defense, Raytheon Technologies, ClearDATA, LTI- Larsen & Toubro
Infotech, SecurityHQ, Truesec, Solutions Granted, Konica Minolta Business
Solutions U.S.A., Security On-Demand, Aldridge, Cybersafe Solutions, Cognizant, Henson Group, Clearnetwork, Digital Hands, Foresite Cybersecurity, Advens, Field Effect, Insight, Cisco Systems, Lightstream Managed
Services, ON2IT, Presidio, Airiam, Clearwater, Zyston, Novacoast, Avertium, Logically, RADAR Cyber Security, Valeo Networks, Hitachi Systems Security, Cyber Defense Labs, HCL, WithSecure, Global Data Systems, DXC Technology, METMOX, Lumen Technologies, New Era Technology, Ascend Technologies, Tata Consultancy Services
(TCS), Tactical Intelligence
Security, NCC Group, CyberMaxx, Open Systems, Security Validation |
SecValMSP, Fortify 24×7, Integrity360, T-Systems, Getronics, JLS Technology USA, Network Intelligence, Pondurance, DigiSOC, Grupo A3Sec, Accelerynt, Fujitsu, CyberSOC Africa, JMARk, AccountabilIT, AHEAD, LeadingIT, DKBinnovative, Cyber74, Cybriant, Bridewell, Cythera, CalTech, Blackpoint Cyber, Milton Security, RNS Technology Services
DMCC, Quest Technology
Management, Dynamic Edge, Bitdefender, WheelHouse IT, Critical Insight, ArmorPoint, Dark Rhino Security, MAD Security, High Wire Networks, Coretek, ITC Secure, ComportSecure, Telstra, Gradient Cyber, KHIPU Networks, GuardSight, Rewterz, Secured Retail Networks, Sedara, inSOC, Sequretek, Hughes Network Systems, stackArmor, Atlantic Data Security, Difenda, Certego Srl, Quorum Cyber Security, Coretelligent, Infosec Partners, DYOPATH, rSolutions, NetSecurity Tecnologia, BlackSwan CyberSecurity, Castra Managed Services, GM Sectec, Steel Root, CyberSecOp, 360 SOC, CyZen, Eye Security, Novawatch, Quzara, Secure Cyber Defense, Vivitec, BLOKWORX, Cyber Guards, Infopercept Consulting, Pareto Cyber, Vector Choice, DyNet, Blade Technologies, SUCCESS Computer
Consulting, Networks Group, Securely Managed, Accent Consulting, Alliant Cybersecurity, DataEndure, Icon Information Systems, Inovo InfoSec, ProServeIT Corp, CyFlare, AgileBlue, Nclose, Dataprise, NDSE, Birch Cline Cybersecurity, Infused Innovations, onShore Security, Silent Breach Inc., NexusTek, Cortrucent Technologies, dayONE Cyber, NaviSec, OculusIT, Fortress Security Risk
Management, PCA Technology Solutions, LAN Infotech, NRD Cyber Security, Stealth-ISS Group, Xerox, NeoSystems, Ballast Services, Banyax, NDM Technologies, CE Technologies, Decypher Technologies, Inspira Enterprise India, 1nteger, Kyber Security, Xact IT Solutions Inc, ONESECURE Asia, SecurIT360, Trusted Internet, M.A. Polce, Omega Systems, Securicom IT Solutions, Virtual IT, Cryptogen Nepal, Star Managed Services, Tech Heads, Blue Line Technologies, CBM Technology, Entara, SOCSoter, OpenText, Anchor Technologies, Ascendant Technologies, Socura, Adeo Cyber Security
Services, SharkStriker Inc., Green Tick Nepal, Technivorus Technology, CyberDome Nigeria, Exchange Technology
Services, Orbis Solutions, SolCyber, US itek, Vairav Technology
Security, CTG Tech, IronTech Security, eSecurity Solutions, CyberZeus, Siemba Inc, Appalachia Technologies, Sagacent Technologies, Certified NETS, Justice IT Consulting, DataSure24,