952.974.4000 Follow Us ABOUT SERVICES SUCCESS STORIES CAREERS INVESTORS RESOURCES CONTACT News & Events Back Overwatch by High Wire Networks Named to MSSP Alert’s Top 250 MSSPs List for 2020 Posted on September 18, 2020 by Batavia, IL Fourth-Annual List Honors Leading MSSP, MDR and SOCaaS Cybersecurity Companies Worldwide CHICAGO – September 18, 2020 MSSP Alert, published by After Nines Inc., has named Overwatch Managed Security by High Wire Networks to the Top 250 MSSPs list for 2020 (http://www.msspalert.com/top250). The list and research identify and honor the top MSSPs, managed detection and response (MDR) and Security Operations Center as a Service (SOCaaS) providers worldwide. The rankings are based on MSSP Alert’s 2020 readership survey combined with the digital media site’s global editorial coverage of managed security services providers. The fourth-annual list has expanded from 2019 (200 honorees) and 2018-2017 (100 honorees) amid MSSP Alert’s continued, organic readership growth. “This is testament to our team’s hard work and execution,” said High Wire CEO Mark Porter. “The growth of Overwatch’s platform has validated our investment into increasing processing capacity by more than 1.2 TB of data per day. The additional capacity has given Overwatch even greater resiliency and reliability.” “After Nines Inc. and MSSP Alert congratulate Overwatch by High Wire Networks on this year’s honor,” said Amy Katz, CEO of After Nines Inc. “Despite the coronavirus pandemic, this year’s honorees continue to accelerate their businesses, mitigate customer risk and safeguard digital assets worldwide.” Highlights from the associated MSSP Alert research include: MSSP Revenue Growth: MSSP honorees, on average, expect to generate $19.15 million in revenue for 2020, up 16% from $16.47 million in 2019. Geography: Honorees are headquartered in 25 different countries — up from 19 countries in the 2019 report. Profits: 84% of MSSPs surveyed expect to be profitable for fiscal year 2020. Security Operations Centers: 67% have in-house SOCs, 24% are hybrid, 6% completely outsource their SOCs, and 3% are reevaluating their SOC strategies. Cyberattack Trends: The most frequent attacks targeting MSSP customers in 2020 include phishing (95%), vulnerability (76%) and ransomware (69%) attacks. Cybersecurity Solutions: In a continued sign of market fragmentation, MSSP survey participants mentioned 129 different hardware, software, cloud, and services vendors that assist their cybersecurity efforts — up from 95 in 2019. M&A: Mergers, acquisitions and private equity investments continue to accelerate across the MSSP landscape. Twenty high-profile deals involving MSSP 250 honorees have surfaced since last year’s report. The Top 250 MSSPs list and research were overseen by Content Czar Joe Panettieri (@JoePanettieri). Find the online list and associated report here: http://www.msspalert.com/top250. The cornerstone of the Overwatch platform is Overwatch 24/7, which combines XDR technology with a 24/7 SOC to effectively cut through the noise and drill down on real threats. Unlike traditional Security Information and Event Management (SIEM) solutions, Overwatch 24/7 relies on comprehensive, pervasive data collection, big-data processing and artificial intelligence to uncover relevant, actionable data for effective threat detection and response. Armed with relevant data, Overwatch SOC analysts able to respond to attacks and stop them at critical points along the kill chain 24/7. In addition to Overwatch 24/7, the Overwatch Platform as a Service includes security awareness training, patch management, vulnerability assessment, zero trust remote access, managed multi-factor authentication and intelligent video surveillance. About Overwatch by High Wire Networks Overwatch by High Wire Networks simplifies cybersecurity by delivering end-to-end protections for an organization’s networks, data, endpoints and users as an affordable monthly subscription service with predicable costs and no capital outlay. Customers get instant access to a scalable, future-proof security platform, including a 24/7 security operations center (SOC), continuous vulnerability assessments, managed secure remote access, security awareness training, real-time patch management and video surveillance. High Wire Networks’ Overwatch Managed Security Platform-as-a-Service simplifies the delivery of cybersecurity services for managed services providers (MSPs). By tapping into our platform, MSPs can achieve instant scale and immediate ROI, sidestepping the significant investment and time to market required to integrate best-of-breed technology, attract and retain expert security talent, and optimize processes. About After Nines Inc. After Nines Inc. provides timeless IT guidance for strategic partners and IT security professionals across ChannelE2E (www.ChannelE2E.com) and MSSP Alert (www.MSSPAlert.com). ChannelE2E tracks every stage of the IT service provider journey — from entrepreneur to exit. MSSP Alert is the global voice for Managed Security Services Providers (MSSPs). For sponsorship information contact After Nines Inc. CEO Amy Katz, Amy@AfterNines.com For content and editorial questions contact After Nines Inc. Content Czar Joe Panettieri, Joe@AfterNines.com For Media Inquiries- Susanna Song, susanna.song@highwirenetworks.com Facebook Twitter Email LinkedIn Share Tagged with: MSP MSSP MSSP Alert Overwatch by High Wire Networks Overwatch Managed Security Top 250 MSSPs Awards & Achievements Contact High Wire About High Wire Networks Founded in 2000 with a singular focus on delivering world-class service through channel partners and never direct. 24x7x365 around the globe, High Wire is the choice to GET WORK DONE. Work for High Wire Networks? Join a fast paced, flexible environment with plenty of opportunities for personal growth and advancement. Contact Us 30 N Lincoln Street | Batavia, IL 60510 Service Help Line: | 952.974.4000