We are Under Attack from Abroad
I personally want to take this time to make sure that the MSP/CSP community understands the threats that they are currently facing with ransomware and sophisticated threat actors. According to cybersecurity experts and firms that specialize in all aspects of cybersecurity, Managed Service Providers (MSPs) and Cloud Service Providers (CSPs) are today under constant attack and threat from the threat actors of hostile countries. With on-prem solutions/installations becoming more of a rarity these days and MSP’s/CSP’s owning the responsibility of a larger and larger amount of the overall business data, the ransomware attacks are increasing at an alarming rate. And, with multiple MSP’s/CSP’s being hacked every week, MSP’s/CSP’s need to fortify their IT policies, systems, and infrastructure as soon as physically possible. And one of the biggest issues is financing this fortification now and in the coming future and MyCloudIT and Cosant are here to help.
Fortifying Yourself, then your Clients
Cybersecurity is far more than building just the security technology stack. As most know, the largest threat from a ransomware perspective is from social engineering, and lack of security policies. As an MSP/CSP, your starting point is to secure yourself first, across both your technical and administrative controls.
According to Cosant Cyber Security, the path to a secure operation starts with selecting the appropriate security framework. This could be NIST CSF, ISO 27001, CMMC, or a host of alternatives. Once the framework is chosen, build out a system security plan, and all the sub-plans, such as disaster recovery and incident response. With the plans, policies, and processes in place, the technical controls are the easy part.
Of course, everyone wants to increase your MRR and grow your revenue as you add security as a service to your line card. So fortify yourself first with savings from the MyCloudIT cost optimization (described below) and then extend to your clients. Engaging your clients to leverage a solid, proven cybersecurity framework is the most effective strategy today to thwart an attack and grow your revenue. Keep in mind that it takes continuous dollars to keep these sophisticated hackers away. This is why a combination of a cost optimization platform and revenue growth is so important.
Using Cost Optimization to Enhance Cyber Security
Cost optimization platforms do not have a wide usage stance in the market as of today, but given the cybersecurity threat that is staring MSP’s/CSP’s in the face today, now is the time to secure Azure savings today (and for future cloud business). So free up the needed capital through the implementation of the MyCloudIT cost optimization platform and put together an impenetrable IT environment against sophisticated hackers.
How Azure Cost Optimization Works
There are three phases of the MyCloudIT Azure cost optimization process that always drives considerable cost savings both today and tomorrow for your Azure business operations;
- Phase 1 -- Run the Right Sizing solution on your current environment
- Phase 2 -- Setup and install the Autoscaling and Billing solutions for continuous saving
- Phase 3 -- Aligning your Microsoft licensing with your existing and future customer Azure instances
Each phase of the MyCloudIT cost optimization process and platform is an Azure spend cost-saving exercise. MyCloudIT brings sanity to your Azure spend and will give you a view into how to increase your gross margins per client, make sense of your invoice(s) going forward, and most importantly, help you devote more resources and dollars to your cybersecurity safeguarding.
Post your cost optimization platform deployment, your Azure margins, and costs are now under better control, and with the implementation of MyCloudIT Autoscaling and Billing, you’ll see a significant increase in profitability by the client and your ability to track and report on that per client profitability.
MyCloudIT is continuing to innovate and develop solutions focused on helping you run your business as efficiently as possible in Azure. By enabling you to better manage your clients, we help deliver consistent results and costs across your client base. Better management, cost optimization, autoscaling, and reporting deliver a dramatically more manageable public cloud experience.
Reach out today to see how the MyCloudIT platform or engaging how Cosant can improve and enhance your cybersecurity profile. Both entities will positively impact your business and benefit you as your client’s IT provider. To schedule a live demo or for more information please send us an email at email@example.com or give us a call at (972) 218-0740.