Artificial intelligence (AI) is the term on everyone's lips. As a powerful tool that can simplify our daily lives, it has become a technological revolution that impacts us all.

In today's digital age, cybersecurity has become a constant concern for organizations. A thorough understanding of the cyber threat landscape is needed to address these challenges and protect your company's systems and data, as only then can you implement effective protection measures.

Managed service providers (MSPs) are an attractive target for cybercriminals because of the large amount of sensitive data they handle and their access to their customers' critical infrastructure. A recent survey revealed that 78% of MSPs consider cybersecurity to be their biggest challenge, which has risen considerably from 67% last year. This trend highlights how important it is for MSPs to invest in innovative cybersecurity solutions and train skilled personnel to protect against new threats.

Cyberattacks on large companies grab the headlines, creating the false impression that only big organizations are targeted by cybercriminals. This misleads smaller companies into believing that they are not potential targets because of their size or low profile. However, threats against small and medium-sized companies have been a cause for concern in recent years. Experts warn that companies with fewer than 100 employees are especially vulnerable to a range of threats.

Modern zero trust is an information security model that denies users and devices access to applications, data, networks, and workloads by default. One of the optimal ways to help reduce credential-based attacks with applications is to leverage single sign-on (SSO) as part of your access management strategy. SSO combines simplicity with security by removing friction for users to access applications and reducing the administrative overhead and risks for IT associated with password management.

Data protection continues to be a headache for many companies. Nowadays, data theft is a concern that affects organizations worldwide, making threat protection a priority but, for many, it is still a pending task. A recent report reveals that ransomware attacks are likely to compromise the data of 80% of organizations. Faced with this threat, cybersecurity experts stress the importance of backing up data to minimize damage if an attack does occur.

CRN has once again honored WatchGuard with a prestigious 5-star rating in its annual Partner Program Guide! The 2024 recognition marks the 8th consecutive year that the WatchGuardONE partner program has earned top marks in CRN’s definitive directory of the most rewarding partner programs for the IT channel.

Cybercriminals are increasingly using new evasion strategies in their attacks in order to disable or alter company security controls. This year, there has been a surge in the use of hunter-killer malware that seeks to identify and eliminate enterprise defenses such as firewalls, antivirus, and next-generation EDR technologies. A recent report reveals a massive 333% increase in this type of malware.

The landscape of managed services is evolving rapidly, driven by an increasing demand for cybersecurity solutions. As the digital realm expands, so do the threats, making cybersecurity a paramount concern for businesses and a lucrative opportunity for MSPs across the globe. There are many trends MSPs should understand in order to take advantage of the opportunities available to them in 2024. Let’s take a look at some key data from Canalys analyst research.