MSSP Business Model
Understand how the MSSP model cuts in-house security cost, and what to check before choosing a provider.
Archive edition. Data from 2021. Kept for reference. See the latest
What the data shows
- $475,000 to $695,000is the cost of single coverage on each in-house security role before benefits, according to Cipher.Page 7, in the full whitepaper
- $100-150Kis the salary range Cipher gives for a security management role alone.Page 7, in the full whitepaper
- USD 64.73 billionis the forecast size of the managed security services market by 2025, according to Mordor Intelligence.Page 5, in the full whitepaper
- 9%of companies have no dedicated cybersecurity professionals, a figure the whitepaper attributes to Cisco.Page 5, in the full whitepaper
- 51%of MSPs describe their primary role as a mix of technical and business work, according to Datto.Page 5, in the full whitepaper
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What the whitepaper covers
- Introduction
- How MSSPs work
- MSSP facts and figures
- MSSP business models: how to integrate
- Benefits of MSSP
- How to qualify your MSSP
- Compliance to regulatory standards
- Keepnet business model for MSSPs
Who it is for
MSSPs, resellers and distributors weighing a white-label security offer, and buyers who need criteria to qualify a provider.
Sources
This whitepaper draws on published third-party sources, cited inside the document.
Cite this whitepaper
Keepnet (2021). MSSP Business Model. https://keepnetlabs.com/whitepapers/mssp-business-model
Figures on this page may be quoted with this citation.
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About this whitepaper
An MSSP provides outsourced management and monitoring of security systems. This can include firewalls, SIEM, intrusion prevention, anti-spam, vulnerability scanning and threat intelligence.
The whitepaper covers four groups: clients, resellers, distributors and government organisations. Each gains security capability without building it in-house.
Check certifications such as SOC and ISO 27001, service range, multi-tenancy, SLA language, a 24x7x365 SOC and references from global customers. Compliance with standards such as PCI DSS and HIPAA also matters.
It offers level 1 and level 2 support, white-label branding with your own domain and logo, API support and individual or bundled licensing. Data centres in the EU or other countries support GDPR compliance.
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