Managed service providers have been facing the increasing threat of organized cybercrime operations with complex structures and capabilities, reports CRN. "They are going after your business in a sophisticated manner. These guys are there to destroy your business, to encrypt your data, to steal your data. You are even fighting nation-states (now). Over the last few months we have seen attacks increase and increase from Russia with more and more ransomware and more and more organized attacks," said ThreatLocker co-founder and CEO Danny Jenkins at The Channel Company's Best of Breed conference. Jenkins also emphasized the severity of the ransomware attack against Kaseya during last year's Fourth of July weekend. "We saw thousands of MSPs get hit by ransomware just across our own customer base. Thankfully the ransomware was blocked because our clients were operating on a default deny basis. We saw 46 clients attempt to have ransomware pushed out to all of their endpoints," he added.