Cipher Named a Top 5 Pure Play MSSP

Cipher was named the #25 MSSP globally, in MSSP Alert’s annual ranking. Amongst pure-play MSSPs, Cipher came in at #5. Cipher was ranked as the #4 MDR provider as well. This year, the company that determines the ranking added 50 companies to the list and noted that nearly 1,000 companies applied. This makes Cipher in the elite top 10% of all MSSPs.

The list and research identify and honor the Top 250 Managed Security Services Providers (MSSPs) that specialize in comprehensive, outsourced cybersecurity services. The write-up noted Cipher’s range of services and global capabilities.

The rankings are based on MSSP Alert’s 2020 readership survey combined with the digital media site’s global editorial coverage of MSSPs. The fourth-annual list has expanded from 2019 (200 honorees) and 2018-2017 (100 honorees). The survey revealed several noteworthy findings.

• Security Operations Centers (SOCs): 67% of respondents have in-house SOCs, 24% employ a hybrid model for 24×7 protection, 6% completely outsource their SOCs to other providers, and 3% are changing their strategy. Cipher is part of the 67% of MSSPs with a completely in-house SOC.
• Cyberattack Trends: The most frequent attacks targeting MSSP customers in 2020 include phishing (95%), vulnerability (76%) and ransomware (69%) attacks.

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