SMBs to spend $29.8 billion on managed security services in 2025

SMBs to spend $29.8 billion on managed security services in 2025

The ContraForce Lightning - Security Services Roundup newsletter provides a timely collection of news and insights for practitioners and business leaders at security service providers.?

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SMBs are forecasted to spend $29.8 billion on managed security services??

The SMB segment is the fastest growing in the managed security services market. Heading into 2025, SMBs are forecasted to spend $29.8 billion on managed security services, as 82% of SMB leaders report increasing budgets, according to a new report from NightDragon. Read the report .?

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78% of SMBs report worrying that a serious attack could put them out of business?

As attacks on SMBs increase and the landscape becomes more complicated, they are losing confidence in their in-house ability to defend their businesses and livelihoods. About 78% report that they are worried that a serious attack could put them out of business, according to the ConnectWise State of SMB Cybersecurity in 2024. Read the report .?

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Recorded Future was acquired by Mastercard for $2.7B?

Recorded Future is the world’s largest threat intelligence company, with more than 1,900 clients across 75 countries, including the governments of 45 countries and over 50% of the Fortune 100. Read Mastercard’s press release .?

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Top 10 ransomware groups to watch?

From LockBit 3.0 to DragonForce, these are the most active or sophisticated ransomware groups that CISOs want to watch out for, according to CSO. Read the article .?

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NFL teams block and tackle cyberattacks?

NFL teams have information on their fans, real-time data on players, brands that need protecting and critical infrastructure relied on by arena operations and video broadcasters. DarkReading interviews some of the “players” protecting the league. Read the article .?

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12 dark web monitoring tools?

Enterprises looking to get ahead of data breaches and data leaks can benefit from using dark web monitoring tools and scan for personally identifiable information and even respond to attacks. Here is a list of 10 such tools, according to CSO. Read the article .?

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A SOC team’s guide to detecting macOS Atomic Stealers 2024?

Amos Atomic is arguably the most successful Malware-as-a-Service (MaaS) offering to date that specifically targets Mac users. SentinelOne reviews the characteristics of some of the most prevalent versions of this stealer seen over 2024. Read the blog .?

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Cyber staffing shortages remain CISOs' biggest challenge?

88% of security leaders express concerns about operational issues related to lack of skilled staff and high attrition rates, according to a new report based on 352 interviews with cyber leaders from Command Zero. Read the report .?

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The threat of North Korean IT workers infiltrating global firms?

On August 8, 2024, the Justice Department disrupted a North Korean IT worker fraud scheme, leading to the arrest of Matthew Isaac Knoot in Nashville, Tennessee. This case is just one example of a broader pattern identified by the FBI and other agencies. SentinelOne offers tips to understand and mitigate the risk. Read the blog .

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