Did you know the average cost of a data breach in the U.S. last year was $9.44 million?
If that wasn’t scary enough, ransomware attacks increased by 41% last year, and phishing attacks climbed by 48% in the first six months of 2022. In addition, the internet of things is starting to attract more attention from cybercriminals. The ever-evolving threat landscape businesses face can be challenging, which is why many companies outsource some or all of their IT programs.
But what’s the right IT service model for your business? The correct answer depends on whether you have a dedicated IT department with sufficient staffing. However, even companies with IT workers tasked with managing the IT department might want external expertise to supplement the contributions of their in-house staff.
If you’re considering outsourcing options, the two models are co-managed IT services and fully managed IT services. What follows is a comparison of the two. You’ll see who does what under each model and the motivations for choosing one or the other.