NetWorks Group Named Top 250 MSSP by MSSP Alert for 2023

NetWorks Group Named to MSSP Alert’s 2023 List of Top 250 MSSPs

Seventh annual list reveals leading Managed Security Service Providers Worldwide

September 20, 2023, Ann Arbor Michigan: For the third year in a row, NetWorks Group ranks among the Top 250 MSSPs for 2023, according to MSSP Alert, a CyberRisk Alliance resource.

The Top 250 MSSPs honorees were announced in a live webcast on September 14, 2023. Click here to download the list and associated report.

The list and research identify and honor the top MSSPs (managed security service providers) worldwide. The rankings are based on MSSP Alert’s 2023 readership survey combined with the site’s editorial coverage of MSSP, MDR and MSP security providers. The seventh-annual list and research track the MSSP market’s ongoing growth and evolution. 

“NetWorks Group appreciates this recognition from CyberRisk Alliance and sees it as validation that our approach of bringing together top talent and allowing them to shine is paying off,” says David Howard, President of NetWorks Group. “I’m proud of the culture we’ve built here and believe it to be the heartbeat of our organization, where our values and vision come together to drive success,” continues Howard. “This culture has driven how we build our team and interact with our customers. We focus on living our values of competency, integrity, teamwork, empathy, and being results-oriented. This has allowed us to attract and retain high-caliber people, and our customers are noticing. I regularly hear from our customers that our people and culture set us apart in their eyes.”

“MSSP Alert and CyberRisk Alliance congratulate NetWorks Group on this honor,” said Jessica C. Davis, editorial director of MSSP Alert. “The Top 250 MSSPs continue to outperform the overall cybersecurity services market in 2023. It’s an indication of the strength of managed security services provided by these specialists at a time when cybercrime has accelerated and threatens businesses of every size and from every industry.”

Key findings from this year’s research include:

  • MSSP Revenue Growth & Financial Performance: MSSP honorees, on average, expect to generate $56.3 million in revenue for 2023, more than double the number from our 2022 report.
  • Geography: Honorees are headquartered in 37 different countries.
  • Profits: 87% of MSSPs surveyed expect to be profitable for fiscal year 2023.
  • Cyberattack Trends: The most frequent attacks targeting MSSP customers in 2023 include phishing (95%), vulnerability exploits (91%) and ransomware (86%).

MSSP Alert’s Top 250 MSSPs list and research report are overseen by Jessica C. Davis, editorial director, MSSP Alert and ChannelE2E.

For over 25 years, NetWorks Group has been helping our customers design, build, operate, monitor and assess secure technology environments.

Operating a business safely and securely should not be hard. NetWorks Group is on a mission to reduce complexity and empower businesses to create a culture of security where they, their team, and their customers feel safe, stable, and free from threats.

Our approach is to help our customers understand their current security maturity and develop strategies to continually improve their security program. We enable our customers to be confident they are making secure, sustainable decisions rather than relying on short-term solutions or workarounds.

We provide business solutions, not IT solutions. At NetWorks Group we realize that security is just one piece of your business puzzle. This is why we bring together trusted experts, security practitioners, and business leadership to take the guesswork out of mitigating risks and maximizing compliance. We do this by championing services that deliver security solutions that matter.

About NetWorks Group

NetWorks Group is an Ethical Hacking and Managed Security Services Provider (MSSP) with practices in Offensive Security, Defensive Security, and Integrated Risk Management. Founded in 1997, we have over 25 years of experience delivering services that improve security outcomes. Our services are designed to provide you with a clear, risk-informed understanding of your security, so you can invest where it matters. Our unique approach to security not only helps you stay ahead of cyber criminals but also helps reduce cost and increase efficiency.

About CyberRisk Alliance

CyberRisk Alliance (CRA) is a business intelligence company serving the high growth, rapidly evolving cybersecurity community with a diversified portfolio of services that inform, educate, build community, and inspire an efficient marketplace. Our trusted information leverages a unique network of journalists, analysts and influencers, policymakers, and practitioners. CRA’s brands include SC Media, Security Weekly, ChannelE2E, MSSP Alert, InfoSec World, Identiverse, Cybersecurity Collaboration Forum, its research unit CRA Business Intelligence, the peer-to-peer CISO membership network, Cybersecurity Collaborative, the Official Cyber Security Summit, TECHEXPO Top Secret, and now LaunchTech Communications. Click here to learn more.

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