MSSP Alert’s Top 250 MSSPs List for 2022

Sixth-Annual List & Research Identifies Leading Managed Security Service Providers Worldwide

Buffalo, NY (September 27, 2022): MSSP Alert, a CyberRisk Alliance resource, has named Sedara to the Top 250 MSSPs list for 2022 (http://www.msspalert.com/top250).

The list and research identify and honor the top MSSPs (managed security service providers) worldwide. The rankings are based on MSSP Alert’s 2022 readership survey combined with the site’s editorial coverage of MSSP, MDR and MSP security providers. The sixth-annual list and research track the MSSP market’s ongoing growth and evolution.

“We are proud to be recognized again as one of the world’s top managed security service providers by MSSP Alert,” said Darrick Kristich, Founder of Sedara. “The need for cybersecurity has never been greater, and this honor demonstrates our commitment to protecting organizations through proactive, practical, and effective strategies against cyber threats.”

“MSSP Alert congratulates Sedara on this year’s honor,” said Joe Panettieri, editorial director of MSSP Alert. “The MSSP Alert readership and Top 250 honorees continue to outpace the cybersecurity market worldwide.”

Highlights from the associated MSSP Alert research for 2022 include:

MSSP Revenue Growth & Financial Performance: MSSP honorees, on average, expect to generate $24 million in revenue for 2022, up 26% from 2021. The growth rate is roughly double the market average.
Geography: Honorees are headquartered in 30 different countries.
Profits: 90% of MSSPs surveyed expect to be profitable for fiscal year 2022, a five-point improvement from 2021.
Security Operations Centers: 69% have in-house SOCs, 19% are hybrid, 8% completely outsource their SOCs, and 4% are reevaluating their SOC strategies.
Cyberattack Trends: The most frequent attacks targeting MSSP customers in 2022 include phishing (97%), vulnerability exploits (93%) and ransomware (91%).
Cybersecurity Solutions: In a continued sign of market fragmentation, MSSP survey participants mentioned 140 different hardware, software, cloud, distribution and services vendors that assist their cybersecurity efforts.
Key Managed Security Services Offered: MSSPs and MSPs increasingly seek out partners to deliver MDR (managed detection and response), XDR (eXtended Detection and Response), Incident Response and other key services.

Find the online list and associated report here: http://www.msspalert.com/top250.

Sedara has been providing MDR/XDR services to companies and organizations for the better part of a decade. Sedara focuses on middle-enterprise and larger organizations and specializes in compliance-driven verticals, such as Aerospace and Defense, Government, Healthcare, Education, and Financial Services. Sedara’s extreme growth has allowed us to expand our service offerings as well as the depth of our services to provide a comprehensive cybersecurity program for organizations, that covers all elements of risk mitigation, compliance, and overall security. Sedara is also bringing a suite of proprietary products and interfaces to its customers in 2023, which is expected to add to additional growth and customer value in the near future.

About Sedara

Founded in 2013, Sedara’s mission is to streamline practical and effective cybersecurity for organizations. Headquartered in Buffalo, NY the growing organization is focused on supporting the people, processes, culture, and technology that are collectively involved in generating and maintaining a healthy cybersecurity posture. Rooted in the NIST cybersecurity framework, this MSSP offers independent services, compliance support, and programs to progress an organization’s cybersecurity maturity. Click here to learn more.

About CyberRisk Alliance

CyberRisk Alliance (CRA) is a business intelligence company serving the high growth, rapidly evolving cybersecurity community with a diversified portfolio of services that inform, educate, build community, and inspire an efficient marketplace. Our trusted information leverages a unique network of journalists, analysts and influencers, policymakers, and practitioners. CRA’s brands include SC Media, SecurityWeekly, ChannelE2E, MSSP Alert, InfoSec World, Identiverse, Cybersecurity Collaboration Forum, its research unit CRA Business Intelligence, and the peer-to-peer CISO membership network, Cybersecurity Collaborative. Click here to learn more.