Cyber Risks · The Hacker News

The Security Growth Platform: Why MSPs Are Moving Beyond vCISO Tools

Summary: This vendor-authored article argues that the "vCISO platform" label no longer fits MSPs running security programs across many clients, and proposes a "Security Growth Platform" category combining security program management, CISO-grade decision intelligence, multi-tenant portfolio architecture, and revenue intelligence. It cites projected SMB cybersecurity spending of $109 billion in 2026 (roughly 60% of global cybersecurity spend, per Analysys Mason), a vCISO services market projected at $1.2 billion in 2026 with 6.3% CAGR through 2035 (Business Research Insights), and 85% of organizations reporting compliance is more complex than three years ago (PwC Global Compliance Study 2025).

What you should know: The article's own figures put roughly 60% of global cybersecurity spend in SMB hands that have no internal CISO, which means the MSP is the security function for most of that money. It also cites channel research from CompTIA and Service Leadership finding MSPs buy cybersecurity tools faster than they package, price, and sell the services - the gap where practices stall.

Read the original at The Hacker News ↗

Topics
Governance, Risk & Compliance
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