OAKLAND, Calif., Sept. 24, 2018 /PRNewswire/ -- MSSP Alert, published by After Nines Inc., has named Xantrion to the Top 100 MSSPs list for 2018 (http://www.MSSPAlert.com/top100). The list and research identify and honor the top 100 managed security services providers (MSSPs) that specialize in comprehensive, outsourced cybersecurity services.
The Top 100 MSSP rankings are based on MSSP Alert's 2018 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.
"It's an honor to be named to the MSSP Alert Top 100 Managed Security Service Providers List for the second year in a row," said Anne Bisagno, President, Xantrion. "We are excited that our ranking increased from 74 to 57 because we pride ourselves on our cybersecurity and compliance track record and expertise."
Building and operating a true MSSP requires major financial, technical and business commitments. Fully 63 percent of top MSSPs surveyed maintain their own security operations centers (SOCs) on a 24x7x365 basis. Another 24 percent depend on hybrid models in which some SOC services are outsourced, with the remaining 13 percent either formulating strategies or completely outsourcing their SOC services.
Demand for MSSPs has escalated amid rising cyberattacks, malware and ransomware incidents worldwide. The cybersecurity skills shortage has further heightened the need for world-class MSSPs. The global managed security services market is expected to skyrocket to $101 billion in the next nine years, advancing at an eye-popping 18% compound annual growth rate, according to Persistence Market Research.
"After Nines Inc. and MSSP Alert congratulate Xantrion on this year's honor," said Amy Katz, CEO of After Nines Inc. "As MSPs increasingly introduce managed security services, Xantrion continues to stand out in the fiercely competitive cybersecurity market."
The Top 100 MSSPs list and research were overseen by Content Czar Joe Panettieri (@JoePanettieri). Find the online list and associated report here: http://www.MSSPAlert.com/top100.
Experts in tailored cloud strategies, cybersecurity, and technical support, Xantrion provides outsourced IT services for midsized companies in the San Francisco Bay Area. Its team of IT experts brings impeccable technical and business skills to every assignment. Featuring an award-winning strategic approach, SOC2 Type II credentialed data centers, 24/7 help desk, fixed fees, and a 99.99% uptime record, Xantrion is a proven partner for managed IT services.
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).