Justice IT Consulting Named to MSSP Alert’s 2023 List of Top 250 MSSPs

Seventh annual list reveals leading MSSP, MDR and MSP security companies expect strong revenue growth in 2023 vs. 2022

March 1, 2024 - Burleson, TX]: Justice IT Consulting ranks among the Top 250 MSSPs (https://www.msspalert.com/top-250) for 2023, according to MSSP Alert, a CyberRisk Alliance resource.

The Top 250 MSSPs honorees were announced in a live webcast on September 14.

Key findings include:

  • MSSP Revenue Growth & Financial Performance: MSSP honorees, on average, expect to generate $56.3 million in revenue for 2023, more than double the number from our 2022 report. However, the 2023 Top 250 reported 2022 revenues averaged $47 million.
  • Geography: Honorees are headquartered in 37 different countries.
  • Profits: 87% of MSSPs surveyed expect to be profitable for fiscal year 2023.
  • Security Operations Centers: 67% have in-house SOCs, 23% are hybrid, 8% completely outsource their SOCs, and 1% are reevaluating their SOC strategies.
  • Cyberattack Trends: The most frequent attacks targeting MSSP customers in 2023 include phishing (95%), vulnerability exploits (91%) and ransomware (86%).
  • Cybersecurity Solutions: Larger MSSPs were more likely to run their SOC entirely in-house (85%) while just half of our smaller segment MSPs ran their SOCs in-house and 33% took a hybrid approach (a portion in-house and a portion outsourced.)

Key Managed Security Services Offered: Almost all of the larger MSSPs (90%) provided 24/7 security event monitoring and response for threat detection use cases on their own. While 61% of the smaller MSSPs provided these services on their own, 35% partnered with another company for these services and 4% of the smaller MSSPs did not offer them at all.

Justice IT Consulting was ranked among the Top 250 MSSPs for 2023.

“We are beyond thrilled and genuinely humbled to announce that, for the third consecutive year, we have been recognized among the world's top 250 MSSPs. This repeated honor is not just a testament to our relentless commitment, but it vividly underscores the dedication our team has towards cybersecurity and the protection of our clients' interests and profits,” expressed Austin Justice, Vice President of Justice IT Consulting. “This accolade is a reflection of the collective effort and unwavering support of everyone involved. A heartfelt thank you to each individual who has played a pivotal role in this journey. Your contributions have been instrumental in achieving this remarkable milestone for the third year running.”

“MSSP Alert and CyberRisk Alliance congratulate Justice IT Consulting on this honor,” said Jessica C. Davis, editorial director of MSSP Alert, a CyberRisk Alliance resource. “The Top 250 MSSPs continue to outperform the overall cybersecurity services market in 2023. It’s an indication of the strength of managed security services provided by these specialists at a time when cybercrime has accelerated and threatens businesses of every size and from every industry.”

MSSP Alert’s Top 250 MSSPs list and research report are overseen by Jessica C. Davis, editorial director, MSSP Alert and ChannelE2E.

Click here to download the list and associated report.

About Justice IT Consulting

Justice IT Consulting was founded in 2003 by Brooke Justice as a “side gig” or as the young-uns call it these days, a “side hustle”. Back in those days, Brooke served mainly Burleson business owners helping them with all things IT. Brooke may not have known it at the time but there were bigger things destined for Justice IT Consulting. After years of working in enterprise IT and his “side-gig” in tandem, Brooke decided it was time to make Justice IT Consulting the real deal.

Austin Justice, Brooke’s son had spent years working in IT for small and medium businesses. After about a year of throwing the idea back and forth together, Brooke and Austin decided to take the leap together. They figured with Brooke’s extensive enterprise knowledge and Austin’s capabilities working with small and medium businesses (SMBs) that together they could provide an enterprise level competitive technological advantage to the little guys.

Today Justice IT Consulting has turned into a premier cyber security company and turnkey IT provider for manufacturing, aerospace, and defense contractor companies throughout the state of Texas.

About CyberRisk Alliance

CyberRisk Alliance (CRA) is a business intelligence company serving the high growth, rapidly evolving cybersecurity community with a diversified portfolio of services that inform, educate, build community, and inspire an efficient marketplace. Our trusted information leverages a unique network of journalists, analysts and influencers, policymakers, and practitioners. CRA’s brands include SC Media, Security Weekly, ChannelE2E, MSSP Alert, InfoSec World, Identiverse, Cybersecurity Collaboration Forum, its research unit CRA Business Intelligence, the peer-to-peer CISO membership network, Cybersecurity Collaborative, the Official Cyber Security Summit, TECHEXPO Top Secret, and now LaunchTech Communications. Click here to learn more.