With wide-ranging client bases and trusted access to their computer systems, managed service providers are attractive targets for hackers seeking to ransom data or steal information. But they also face threats from their clients, who may have had patchy security in place for years. The Austin, Texas-based managed service provider launched in January 2019 with a roster of law and manufacturing firms for which it offered technology and cybersecurity services. For many managed service providers, this is an all-too-common start to a depressingly familiar story. Pro Tips Managed service providers should enforce strict security policies for clients such as multifactor authentication, said Anthony Cabral, Clear Guidance Partners LP’s chief information security officer.

Source: Wall Street Journal May 11, 2020 09:56 UTC