MSSPs have huge potential for growth as more and more companies turn to experts to outsource their cybersecurity. Tailwinds such as escalating cyber threats, the need to protect more customer data than ever before, and growing compliance requirements are driving the managed security services market’s growth at a compound annual growth rate of 15.4% from 2023 to 2030.

I’m excited to share some significant news that marks a pivotal milestone in Torq’s journey. We’ve successfully closed our Series C funding round, securing a $70M investment to propel our mission of revolutionizing SecOps through the Generative AI-based Torq Hyperautomation Platform and cutting-edge Torq HyperSOC solution.

In an era where cyber threats are constantly evolving and security teams are overwhelmed by an ever-expanding flood of alerts, tech sprawl, and an ongoing talent shortage, the modernization of the SOC is no longer optional — it’s imperative. According to Gartner, automation and artificial intelligence are the keys to unlocking new levels of efficiency, accuracy, and resilience in the fight against cyber threats.

In today’s fast-moving threat landscape, Hyperautomation is essential. But building workflows from scratch? That’s time you don’t have. That’s why we started with a library of pre-built templates, helping teams quickly configure security automation workflows. Templates made automation more accessible. Now, we’re taking the next step in that evolution and introducing Torq’s AI Workflow Builder. By harnessing the power of AI, we’re going beyond templates.

The Team at Torq is pushing the boundaries of what’s possible in security automation, and we’re excited to share several new capabilities designed to make security analysts’ lives easier and more efficient.

Aner Izraeli is the Chief Information Security Officer (CISO) at Torq. He leads Torq’s cybersecurity strategy with a focus on innovation and resilience. Aner’s career spans over two decades in the cybersecurity field, where he has consistently demonstrated expertise in SIEM/SOC, incident response, and network security.

SOAR is yet another set of cybersecurity tools and technologies that’s exciting to talk about, looks good on paper, but is fraught with financial difficulties for MSSPs seeking to deliver an outsourced security solution that maintains a healthy ROI.