Stay Informed with the Phin Blog | Phin Security

Verizon's DBIR, The Future of the Channel, & Cyber Risk Management

Written by phin | May 31, 2024 3:37:00 AM

 

If you've been busy and keep putting it off, here's your reminder to check out the 2024 Verizon DBIR and process the key takeaways.

Plus, check out this week's podcast episodes around the role MSPs should play in cyber risk management and the future of the MSP channel.


 

Managing cyber risk should be a top priority for small businesses by implementing risk assessments, cyber insurance, 24/7 security operations, regulatory compliance, and even maintaining strong offline relationships.

What’s the MSP’s role in all of this?

MSPs must encourage the prioritization of cyber risk management by educating their clients about cyber threats and their potential impact on their businesses.

Highlights:

  • How and why small businesses should manage cyber risk
  • The MSPs role in cyber risk management
  • Improving security and increasing client retention with pen testing and risk assessments

What direction is the MSP channel headed?

Highlights:

  • The need for a cybersecurity poverty line
  • Disappearance of entrepreneurship and the loss of innovation due to the consolidation of small businesses
  • Cybersecurity talent gap & utilizing AI to mitigate burnout
  • Cybersecurity threats due to the increasing accessibility of tools