Fourth-Annual List Honors Leading

MSSP, MDR, and SOCaaS Cybersecurity Companies Worldwide

November 11th, Chicago: MSSP Alert, published by After Nines Inc., has named METMOX to the Top 250 MSSPs list for 2020    (http://www.msspalert.com/top250).

The list and research identify and honor the top MSSPs, managed detection, and response (MDR), and Security Operations Center as a Service (SOCaaS) providers worldwide.

The rankings are based on MSSP Alert’s 2020 readership survey combined with the digital media site’s global editorial coverage of managed security services providers. The fourth-annual list has expanded from 2019 (200 honorees) and 2018-2017 (100 honorees) amid MSSP Alert’s continued, organic readership growth.

“We are elated and excited to be ranked #63 among the top 250 companies named in the list. We are poised to grow very strong, reputed, and be one of the leaders that Industry would trust us with their most precious asset secured by us,” said  Srikanth Parepally, CEO, METMOX.

“After Nines Inc. and MSSP Alert congratulate METMOX on this year’s honor,” said Amy Katz, CEO of After Nines Inc. “Despite the coronavirus pandemic, this year’s honorees continue to accelerate their businesses, mitigate customer risk, and safeguard digital assets worldwide.”

MSSP Alert: Top 250 MSSPs 2020– Research Highlights include:

MSSP Revenue Growth: MSSP honorees, on average, expect to generate $19.15 million in revenue for 2020, up 16% from $16.47 million in 2019.

Geography: Honorees are headquartered in 25 different countries — up from 19 countries in the 2019 report.

Profits: 84% of MSSPs surveyed expect to be profitable for the fiscal year 2020.

Security Operations Centers: 67% have in-house SOCs, 24% are hybrid, 6% completely outsource their SOCs, and 3% are reevaluating their SOC strategies.

Cyberattack Trends: The most frequent attacks targeting MSSP customers in 2020 include phishing (95%), vulnerability (76%), and ransomware (69%) attacks.

Cybersecurity Solutions: In a continued sign of market fragmentation, MSSP survey participants mentioned 129 different hardware, software, cloud, and services vendors that assist their cybersecurity efforts — up from 95 in 2019.

M&A: Mergers, acquisitions, and private equity investments continue to accelerate across the MSSP landscape. Twenty high-profile deals involving MSSP 250 honorees have surfaced since last year’s report.

The Top 250 MSSPs list and research were overseen by Content Czar Joe Panettieri (@JoePanettieri). Find the online list and associated report here: http://www.msspalert.com/top250.

“Our people are dedicated to the client’s objectives and our services are rooted in a deep sense of the client’s purpose, values, and security goals” continued Srikanth