Managed Service Providers (or MSPs) are facing a myriad of obstacles when it comes to safeguarding their clients’ digital assets. Not only do MSPs need to balance their own internal resources, but they also must safeguard their clients’ infrastructures in the wake of increasingly-sophisticated cyberattacks across diverse attack vectors.

A recent report has found that more than 78% of MSPs consider cybersecurity their top challenge. This underlines the pressing need for robust security solutions with built-in automation integration capabilities. The findings also show how much the landscape for MSPs is shifting: last year, the number concerned about cybersecurity was just 67%.

The role of MSPs in cybersecurity

MSPs play a vital role in providing cybersecurity to critical infrastructure, as their knowledge and experience can help assess, mitigate, and manage risks effectively for their clients.

Their approach to cybersecurity must be a proactive one, as it involves implementing robust security measures and controls to prevent security breaches before they even happen. This includes, for example, deploying advanced security technologies to protect customer data and business objectives—which might include firewalls, antivirus software, intrusion detection systems, and security awareness training programs.

MSPs must also continuously monitor their clients’ networks, systems, and applications for signs of suspicious activities or potential security breaches. In the event of a security incident, MSPs play a crucial role in incident response and remediation efforts.

The rise of ransomware attacks and other forms of cyber extortion have raised the stakes for MSPs, as they must not only prevent breaches but also prepare robust incident response plans to mitigate the potential impact of successful attacks on their clients’ operations and reputations.

What’s more, there is an extra layer of complexity due to compliance requirements, as MSPs need to navigate a labyrinth of regulations and standards to ensure their clients are adhering to data protection and privacy laws.

Turning to centralized management with Coro

As a result, MSPs are under increasing pressure to demonstrate their value proposition to clients by delivering comprehensive cybersecurity solutions that effectively address evolving threats and the risks associated with new technologies. Plus, MSPs must do all of this while also not draining their own resources.

One of the biggest problems today is cybersecurity tool sprawl, and it’s not just limited to MSPs. According to another recent report: 

• 73% of SME (small-to-medium enterprise) security professionals have missed, ignored, or failed to act on critical security alerts
• Teams are spending nearly five hours daily managing their cybersecurity tools, with an average 11.55 tools in their security stack
• 52% of respondents said the most time consuming task was monitoring security platforms, followed by vulnerability patching

All of these challenges are one reason why 85% say they are looking to consolidate their cybersecurity tool stack within the next year. 

Enter Coro–your ally in navigating the complexities of cybersecurity while streamlining your tool stack. Coro offers a single, comprehensive platform that encompasses all the cybersecurity protection MSPs need.

A unified platform

Coro brings together various cybersecurity functionalities into one cohesive platform, sidestepping the need for multiple tools.

Through a growing collection of optional security modules, including protections for endpoints, emails, and networks, Coro provides a centralized hub for managing and customizing the various needs of your clients.

With Coro, MSPs have the flexibility to design the exact cybersecurity protection needed for their clients. Our individual security modules allow MSPs to pick and choose the specific protection measures for each client, ensuring customized solutions that meet their unique requirements.

Here are some examples of individual security modules offered by Coro that allow MSPs to tailor cybersecurity protection for their clients:

• Endpoint Security Module: Focuses on protecting endpoints such as desktops, laptops, and mobile devices from cyber threats. It includes features such as antivirus software, endpoint detection and response (EDR), application control, and device encryption.
• Network Security Module: Aims to secure the network infrastructure and data transmission within the organization. It includes features such as firewall management, intrusion prevention systems (IPS), virtual private network (VPN) solutions, and network segmentation to protect against unauthorized access, network attacks, and data breaches.
• Email Security Module: Focuses on securing email communications and preventing email-based threats such as phishing, spam, and malware. It includes features such as email filtering, anti-phishing tools, email encryption, and advanced threat protection to mitigate the risks associated with email-based attacks and data loss.
• Cloud Security Module: Addresses security challenges associated with cloud computing environments and services. It includes features such as cloud access security brokers (CASB), identity and access management (IAM), data encryption, and compliance monitoring.

These are a taste of Coro’s essential modules, and you can view the full collection here.

Managed services offerings

Organizations often spend a large portion of their days managing cybersecurity. In fact, our 2024 SME Security Workload Impact Report found that IT professionals sink about five hours a day monitoring security platforms, managing endpoint agents, and patching, among other things. SMEs also juggle too many tools; an average of ten at a time. 

To assist in resource savings, Coro extends its support to managed cybersecurity offerings. From network monitoring to threat response, Coro empowers MSPs with a suite of managed services to deliver comprehensive cybersecurity support to your clients.

What’s more, our managed services are committed to reacting to any critical cybersecurity issues in 30 minutes or less, executing actions within 30 minutes (60 minutes for non-critical), and responding to all critical queries in 4 hours.

Why is Coro a dream platform for MSPs?

Automation undoubtedly boosts efficiency, but seamless integration across core MSP applications is equally crucial. In fact, according to one of the reports we reference earlier, 67% of IT executives also emphasized the importance of integration for their work, as it helps in creating a unified system.

With Coro, you get one platform, one data engine, one data engine, and all the protection you need.

MSPs face a large range of cybersecurity responsibilities in safeguarding their clients’ digital assets. Coro alleviates this burden by providing a unified platform for cybersecurity protection and managed services offerings.

So why is it a dream platform for MSPs? Because whether you’re relying on our simplified platform, managed services, or both for cybersecurity protection for your clients, you’ll sleep easier at night.

If you’re curious about the possibility of consolidating your current tools into one platform, check out our blog post, “How Simple Is It for MSPs to Switch to a Single Cybersecurity Vendor?” For further questions, contact our Sales team or check out a demo.

*** This is a Security Bloggers Network syndicated blog from Blog – Coro Cybersecurity authored by Kevin Smith. Read the original post at: https://www.coro.net/blog/why-coro-is-a-dream-cybersecurity-platform-for-msps