Vulnerability Management as a Service analyzes an organization's network and provides insights into any discovered security vulnerabilities, ePlus stated. It then prioritizes security vulnerabilities to help an organization identify weaknesses that cybercriminals are most likely to exploit.
In addition to ePlus, MSP Bell Techlogix in August introduced managed detection and response (MDR) and vulnerability management services as part of a Managed Security Services Provider (MSSP) portfolio.
Bell's MDR and vulnerability management services provide organizations with tools, processes and data analytics to help them secure their operations, according to the company. They also offer network security layers and proactive threat monitoring, detection and remediation capabilities.
Vulnerability Management Opportunities for MSSPs
MSSPs that can help organizations identify and address security weaknesses look poised to capitalize on a rapidly growing global security and vulnerability management (SVM) market.
The global SVM market is projected to expand at a compound annual growth rate (CAGR) of 10 percent between 2018 and 2023, industry analyst Orbis Research stated. Evolving cyber threats and the increasing number of cyberattacks against global organizations are among the key factors that are expected to drive this market's growth.