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Threat intelligence is among the most sought-after security service for MSPs in META
he majority ( 93 %) of Managed Service Providers
T
( MSPs ) across the META region are currently planning to add new services to their cybersecurity portfolio , where threat intelligence is among their top choices , along with managed detection and response and targeted attack discovery . These are the findings of a new Kaspersky report , MSP market focus : IT security challenges and opportunities in the new normal . As perceived competition in the market has risen since 2019 , pricing , quality of protection and ability to offer additional services become key factors for choosing a cybersecurity vendor .
Among various threat intelligence services , the most interesting for MSPs across the META region according to the research is APT reporting ( 18 %), which allows them to keep up-to-date with the most recent investigations , threat campaigns and techniques of APT actors . This is followed by threat data feeds ( 16 %) and threat lookup ( 13 %) that help to improve incident response . Other services that providers look for include malware analysis ( 31 %), security assessment ( 40 %) and targeted attack discovery ( 47 %).
Cybersecurity is one of the most prominent areas of growth for MSPs , according to various industry experts . It presented the biggest opportunities for growth in 2021 , together with remote workforce setup – with 65 % of MSPs reporting security service revenue growth as a result .
As for threat intelligence , which was among the top interests of MSPs as revealed by the Kaspersky survey , ‘ It is a key aspect of security architecture that helps security and risk management technical professionals detect , triage and investigate threats ’, according to Gartner .
LogRhythm partners with SecLytics to deliver enhanced cybersecurity capabilities in Middle East region
ogRhythm , a company
L powering Security Operations
Centres ( SOCs ), has partnered with SecLytics , a predictive threat intelligence solutions provider , to transform the security posture and streamline operations for SOC teams in the Middle East .
Under the accord , LogRhythm and SecLytics will work hand-in-hand to provide enhanced threat intelligence capabilities and high-performance analytics , to mitigate new and evolving risks in the region . Through the collaboration , LogRhythm and SecLytics will enable organisations in the Middle East to seamlessly deliver Digital Transformation and protect their endusers with aligned early threat detection and response solutions .
“ Data breaches in the MENA region are reported to have reached an average cost of around US $ 6.5 million , which is well above the global average incident cost of near US $ 4 million ,” said Mazen A . Dohaji , Vice President , India , Middle East , Turkey and Africa ( iMETA ) at LogRhythm .
“ Cybersecurity risks in the Middle East are becoming increasingly sophisticated and this is causing organisations in the region to suffer notable losses . Overcoming new threats requires cybersecurity organisations to bring together their capabilities to build a protected threat environment for businesses in the region . Our collaboration with SecLytics is building a security-first future in the Middle East .”
Saeed Abu-Nimeh , Co-founder and CEO , SecLytics , said : “ We are working with LogRhythm to transform cyber resiliency in the Middle East and enable organisations to expand their applications and services without risk .”
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