CYNEXLINK CLIENTS ARE SAFE FROM THE KASEYA HACK

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Cynexlink Clients are Safe from the
Kaseya Hack
https//www.cynexlink.com/
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https//www.cynexlink.com/2021/07/05/cynexlink-cli
ents-are-safe-from-the-kaseya-hack/
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Kaseyas Place in the IT Universe
Kaseya has been working feverishly to move up
into the top-tier IT provider category alongside
Datto and ConnectWise, which is why it attracted
so much private equity interest a couple of years
ago.
Behind the scenes, there has been a ton of
consolidation in our industry over the last few
years, and it has centered on these RMM tools
either as acquirers or acquirees driven by
economies of scale. By adding firewall
management,
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backup and recovery, cybersecurity tools, and
more to an RMM under one roof, the potential for
growth is staggering. This is why Kaseya has
raised over 500MM dollars over the last 2 years
to grab a piece of that market.
The path to providing more and more IT solutions
beyond the RMM tool comes down to a choice
between building it and buying it. Kaseya chose
to raise money and buy.
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Massive Business Challenges Remain
It will be interesting to see how Kaseya simply
survives this high-profile event.
In the short term, there is the issue of the 70
million ransom the hackers are demanding to
release the stolen data.
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Next, every MSP client of Kaseya must be
exploring a move to a competitor this morning,
but a systemic transfer of that kind is no
overnight project. If those MSPs dont move,
however, their end clients will wonder how their
IT provider can stay put or how they can
continue to work with, and have confidence in, an
MSP that wont leave Kaseya.
https//www.cynexlink.com/
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Maybe all of this can be fixed with a little P.R.
and a lot more of what matters actual
cybersecurity investment and restructuring. Only
time will tell.
For those end clients who dont want to wait and
need help to get away from Kaseya, contact us not
only for a special offer for Kaseya clients only
but a simple 3-step, 3-week plan to provide a
port in a storm for your network and data.
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https//www.cynexlink.com/
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