MSP passwords: your profitable response to cyber threats

“We are really satisfied with your MSP services so far. Do you have any solutions for protecting our business passwords as well?”– your client writes to you.

Although you’ve been thinking about such a solution for quite some time… you always found other priorities? This year, password security became a top priority for your clients.

Since the beginning of COVID-19, the number of cyberattacks has grown by 300%. A cybercrime happens every 39 seconds, to be precise. That’s why responding to this situation by satisfying your MSP clients’ urgent demands and providing them with an MSP passwords solution is an opportunity well-worth pursuing. After all, the demand is already here.

If you struggle to understand your options here, or you think a reliable MSP passwords solution is a large-scale investment, we’re here to guide you through the options you have.

Your current opportunities might be more favorable than you think.

Why now is the perfect timing for providing MSP passwords solutions to your clients?

The market is ready.

According to NTT Ltd.’s 2020 Global Managed Services Report, over the next 3-5 years, 44% of new organizations will start working with MSPs considering them the most competent security solutions providers.

By 2026, the global cybersecurity market is expected to grow $270B (in comparison with $173B this year). 77% of this cybersecurity budget will be allocated to externally managed security services.

Now that is an opportunity that your MSP business doesn’t want to miss.

What are your choices here?

The best news is, there’s no need for you to develop a brand new password management system. The solution for managing your client’s sensitive data and MSP passwords is already here for you.

White label

The white label reselling option allows you to provide your client with a secure password management system that has your own or a new brand on top. It’s a win-win – you get to put your brand on an advanced-security product but you don’t even need to spend a few years (at least) developing it. It’s already developed and ready for you to offer to your clients.

Reselling

When choosing a pure reselling option, you receive a final, ready-to-provide password manager with the original provider’s branding. If a custom brand on a product is not among your priorities, consider this option and instantly expand your business offerings by reselling a password manager that’s already established in the market (or bundling it along with other services offered by your MSP).

Self-hosted password vault

Consider choosing a self-hosted password vault solution if you need a tool to securely store and manage all MSP passwords – of your clients, partners, and contractors. This option allows you to store, share, and track passwords securely while all information is hosted on your private cloud or your physical server. If your or your client’s company has a strict data policy, this is the option you might want to choose.

It’s easier with the right partner

With a reliable partner, it’s easy to provide the exact MSP passwords solution your client is looking for. Because your partner will set it up and take care of the maintenance for you.

By partnering up with PassCamp, a password manager focused on enterprise needs, you can easily expand your business offerings and provide your clients exactly what they need, at the just-right time they want it. Having many successful partnerships and integrations implemented, the PassCamp team is ready to provide a solution tailored to your custom business needs.

The best part is, all you need to do is just to contact us. Opportunities to expand your business are waiting for you.