Organizations are leveraging IT security services to improve their security postures and prepare for challenges such as ransomware attacks and business disruptions. The COVID-19 pandemic, the shortage of cybersecurity talent, and rising CAPEX and OPEX in maintaining in-house security teams, especially amid the Great Resignation, have further accelerated the adoption of security services.

European countries have started implementing stricter laws to provide better security to their citizens, including a UN regulation that mandates cybersecurity management through defined performance metrics and audit requirements for car manufacturers.

Europe-based enterprises are looking for providers that can offer geographically nuanced security services, especially in areas such as data security & privacy, verticalized Security Operation Centers(SOCs), converged IT/OT security services, and regulatory assessment services, to ensure that enterprises adhere to not just the evolving EU regulations, but also the regional data privacy laws.

In this research, we assess 28 IT security service providers featured on the IT Security Services PEAK Matrix® Assessment 2022 – Europe.

Scope

• Geography: Europe
• Services: IT security services
• Industries: all
• The assessment is based on Everest Group’s annual RFI process for the calendar year 2022, interactions with leading IT security service providers, client reference checks, and an ongoing analysis of the IT security services market

Contents

In this PEAK Matrix® assessment, we:

• Examine the profiles of 28 IT security service providers in Europe
• Study each provider’s strengths and limitations
• Evaluate enterprise sourcing considerations

Membership(s)

Cybersecurity

Sourcing and Vendor Management