According to cyber security experts and firms that specialize in all aspects of cyber security, Managed Service Providers (MSP’s) and Cloud Service Providers (CSP’s) are today under a constant attack from sophisticated threat actors of Asia and other hostile countries. With on-prem solutions/installations becoming more of a rarity these days and MSP’s/CSP’s owning the responsibility of a larger and larger amount of the overall business data, the ransomware attacks are of increasing at a alarming rate. And, with multiple MSP’s/CSP’s being hacked every week, MSP’s/CSP’s need to fortify their IT policies, systems and infrastructure as soon as physically possible.
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Cyber security is far more than building just the security stack. The biggest threat, from a ransomware perspective, is from social engineering, and lack of security policies. As an MSP/CSP, your starting point is to secure yourself, across both technical and administrative controls.
According to Cosant Cyber Security, the path to a secure operation starts with selecting the appropriate security framework. This could be NIST CSF, ISO 27001, CMMC or a host of alternatives. Once the framework is selected, build out a system security plan, and all the sub-plans, such as disaster recovery and incident response. With the plans, policies, and processes in place, the technical controls are the easy part.
So fortify yourself first with savings from cost optimization and then extend to your clients. Of course, you’ll want to increase your MRR and grow your revenue as you add security as a service to your line-card. Engaging your clients to leverage a solid, proven cyber security framework is the most effective strategy today to thwart an attack and grow your revenue. Keep in mind that it takes continuous dollars to keep these sophisticated hackers away. This is why a combination of revenue growth and a cost optimization platform is so important.
There are three phases of the MyCloudIT Azure cost optimization process always drives considerable cost savings both today and tomorrow for your Azure business operations;
Each phase of the MyCloudIT cost optimization process and platform is an Azure spend cost saving exercise. MyCloudIT brings sanity to your Azure spend and will give you a view into how to increase your gross margins per client, make sense of your invoice(s) going forward and most importantly, help you devote more resources and dollars to your cyber security safeguarding.
Post your cost optimization platform deployment, your Azure margins and costs are now under better control, and with the implementation of MyCloudIT Autoscaling and Billing, you’ll see a significant increase in profitability by client and your ability to track and report on that per client profitability.
MyCloudIT is continuing to innovate and develop solutions focused on helping you run your business as efficiently as possible in Azure. By enabling you to better manage your clients, we help deliver consistent results and costs across your client base. Better management, cost optimization, autoscaling, and reporting deliver a dramatically more manageable public cloud experience.
Reach out today to see how the MyCloudIT platform or engaging how Cosant can improve and enhance your cyber security profile. Both entities will positively impact your business and benefit you as your client’s IT provider.
To schedule a live demo or for more information please send us an email at sales@mycloudit.com or give us a call at (972) 218-0740.Cosant is a vendor-neutral security consultant that helps its successful MSP/CSP clients who are concerned about compliance and regulatory requirements being passed onto them by their customers. We help our clients reduce their anxiety about exposing themselves and their stakeholders to security incidents, thereby reducing the risk to their brand, reputation and income.
Learn more about Cosant: www.cosant.com
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