Managed service providers in cyber attacks

Cyber criminals are increasingly targeting Managed Service Providers (MSPs), posing a global threat. Compromised credentials and software vulnerabilities are common entry points for attacks, with incidents involving popular products like Microsoft Outlook and ConnectWise Manage. Various criminal groups, such as Black Hunt, REvil, and APT29, engage in blackmailing and spying, often targeting MSPs. Implementing proper defense strategies, such as verifying service provider reliability and ensuring network security, can help mitigate risks.