1nteger Security Named Top 250 MSSP by MSSP Alert for 2023

1nteger Security Named Top 250 MSSP by MSSP Alert for 2023ENDICOTT, NY / 1nteger Security, a leading provider of cybersecurity solutions nationwide, is thrilled to announce it ranks among the Top 250 Managed Security Service Providers (MSSPs) for 2023, according to MSSP Alert, a CyberRisk Alliance resource. The company rose in the rankings to 149, compared to 210 in 2022.

The Top 250 MSSPs honorees were announced in a live webcast on September 14, 2023. You can view the complete list and access the research report by following this link.

“1nteger is honored to be recognized for the third straight year as a top cybersecurity service provider,” said David D’Agostino, Vice President. 

“We are grateful for our clients who allow our team to help protect them from threats and provide guidance and resiliency to their evolving cybersecurity programs.  1nteger is also very thankful for our skilled team members who demonstrate a passion to protect our clients daily.  The threat landscape is always changing and to continue to evolve and exceed our clients’ expectations our strategic partners and team continue to work together to ensure we are always providing the most effective and state of the art solutions to protect our clients’ environments.”

CyberRisk Alliance surveyed its Top 250 MSSPs and associated participants. The result of the survey predicts that the participants expect to grow their annual revenue by 20% in 2023 when compared to 2022. That’s faster than the overall cybersecurity services market. The survey says Canalys expects the overall cybersecurity services market to grow by 14% in 2023, which is slower than the MSSPs’ growth. 87% of the MSSPs said that their business was profitable in 2022. Among the participants, 90% responded that they provide their own vulnerability assessment & managed vulnerability services, showcasing the growth of MSSPs and investment in developing their own tools.

The key findings of the survey include:

  • MSSP Revenue Growth & Financial Performance: MSSP honorees, on average, expect to generate $56.3 million in revenue for 2023, more than double the number from our 2022 report. However, the 2023 Top 250 reported 2022 revenues averaged $47 million.
  • Geography: Honorees are headquartered in 37 different countries.
  • Profits: 87% of MSSPs surveyed expect to be profitable for fiscal year 2023.
  • Security Operations Centers: 67% have in-house SOCs, 23% are hybrid, 8% completely outsource their SOCs, and 1% are reevaluating their SOC strategies.
  • Cyberattack Trends: The most frequent attacks targeting MSSP customers in 2023 include phishing (95%), vulnerability exploits (91%) and ransomware (86%).
  • Cybersecurity Solutions: Larger MSSPs were more likely to run their SOC entirely in-house (85%) while just half of our smaller segment MSPs ran their SOCs in-house and 33% took a hybrid approach (a portion in-house and a portion outsourced.)
  • Key Managed Security Services Offered: Almost all of the larger MSSPs (90%) provided 24/7 security event monitoring and response for threat detection use cases on their own. While 61% of the smaller MSSPs provided these services on their own, 35% partnered with another company for these services and 4% of the smaller MSSPs did not offer them at all.

Jessica C. Davis, the Editorial Director of MSSP Alert within the CyberRisk Alliance, shared her congratulations, saying, “MSSP Alert and CyberRisk Alliance congratulate 1ntger Security on this honor. The Top 250 MSSPs continue to demonstrate exceptional performance in the cybersecurity services market, reinforcing the importance of managed security services when cyber threats are on the rise, posing risks to businesses of all sizes and across all industries.”

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