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Related: Building elasticity in outsourced managed services ] Current state of the MSP market According to Mordor Research , the managed services market will grow to $380 billion by 2028, up from $260 billion in 2023, buoyed by increased adoption of the model among SMBs, as they look to outsource non-core IT systems and functions. “
Draft a businesscontinuity plan outlining how your SMB will maintain operations if it suffers a cyberattack. Designate a cyber leader wholl be tasked with monitoring cyberthreats, share best practices and foster cyber awareness. Offer cybersecurity awareness training to your staff. Acquire cyberinsurance.
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