Summary is AI-generated, newsdesk-reviewed
  • MSPs face rising supply chain attacks; cybersecurity crucial for client protection.
  • PSA, RMM, IT documentation tools integral for MSP operation and security.
  • Secure MSP tools ensure client data integrity and regulatory compliance.

Managed service providers (MSPs) are tasked with juggling multiple aspects of IT support while maintaining high customer service standards. However, for many, cybersecurity takes a backseat, raising the risk of major security breaches. The 2023 MSP Threat Report highlights a rising incidence of supply chain and critical infrastructure attacks on MSPs, emphasising the urgent need for robust security measures.

Rising Costs of Supply Chain Attacks

Organisations are expected to incur expenses nearing USD 80.6 billion by 2026 due to software supply chain attacks. These attacks compromise the software, hardware, or services that constitute an organisation’s supply chain, enabling the spread of malware to the various client systems MSPs manage. The implications of these breaches underscore the importance of securing the tools used by MSPs.

Core Tools Essential for MSPs

MSPs typically utilise a diverse array of tools to manage operations effectively. These include professional services automation (PSA), remote monitoring and management (RMM), and IT documentation tools, which streamline and automate key business processes within MSP organisations.

Professional Services Automation (PSA) Tools

PSA tools aid in managing client engagement from initial contact through ongoing support and invoicing. They feature customer relationship management, ticketing systems, time tracking, billing assistance, and overall management capabilities.

Remote Monitoring and Management (RMM) Tools

RMM tools provide MSPs with the ability to update systems and applications remotely. They monitor system health, manage patches, and automate routine tasks, thus enhancing operational efficiency.

IT Documentation Tools

IT documentation tools maintain detailed records of client IT environments, such as network documentation, configuration management, and change history. They also track assets and store necessary credentials securely.

Ensuring Security of MSP Tools

Protecting internal tools is crucial for maintaining client security. Securing their tech stack helps MSPs safeguard sensitive client information, avoid workflow disruptions, ensure business continuity, comply with regulations, prevent unauthorised alterations, and maintain data integrity.

Protecting Client Information

Unauthorised access to PSA, RMM, and IT documentation tools can expose sensitive client data, increasing the risk of cyber attacks. Strengthening security in these areas prevents such breaches.

Maintaining Business Continuity

Attacks on MSP tools can disrupt operations severely, possibly threatening the continuation of the business. By securing these tools, MSPs can protect themselves and their clients from catastrophic events.

Mitigating Supply Chain Attacks

Adopting robust measures to secure MSP tools is critical. These include:

  • Securing software development practices by keeping tools updated with the latest security patches.
  • Implementing role-based access control and IP whitelisting to limit tool access based on job roles.
  • Conducting regular security audits to identify vulnerabilities.
  • Monitoring network activities to detect and respond to anomalous patterns swiftly.

A Comprehensive Security Solution

SaaS Alerts provides a unique platform enhanced with logging and log analysis features essential for MSP cybersecurity. This enables continuous monitoring and instant alerts on suspicious activities within PSA, RMM, and IT documentation tools, allowing MSPs to take rapid action against potential threats.

Stay ahead of the trends on securing physical access control systems through layered cybersecurity practices.

In case you missed it

What are emerging applications for physical security in transportation?
What are emerging applications for physical security in transportation?

Transportation systems need robust physical security to protect human life, to ensure economic stability, and to maintain national security. Because transportation involves moving...

Gallagher & Fortified enhance perimeter security solutions
Gallagher & Fortified enhance perimeter security solutions

Global security manufacturer - Gallagher Security is proud to announce a strategic partnership with Fortified Security, a pioneering perimeter systems integrator with over 30 years...

Genetec: Data sovereignty in physical security
Genetec: Data sovereignty in physical security

Genetec Inc., the global pioneer in enterprise physical security software, highlights why data sovereignty has become a central concern for physical security leaders as more survei...