The Gately Report: ThreatLocker Growing Fast in MSP Industry Spurred by Zero Trust Adoption

ThreatLocker has experienced massive growth in the MSP industry as zero trust security is catching on among organizations of all sizes, including small businesses.

That’s according to Danny Jenkins, ThreatLocker’s CEO. This week, ThreatLocker announced its first acquisition. It has acquired Third Wall, allowing MSPs to better secure Windows operating systems.

Third Wall is an automated lockdown security plug-in for ConnectWise Automate users. With the addition of Third Wall’s lockdown policies to existing ThreatLocker solutions, MSPs can harden Windows operating systems. That will ensure end-users comply with government regulations. Furthermore, it will strengthen their overall security.

“Given the current cyber landscape, it is crucial to keep ahead of the curve through constant innovation,” Jenkins said. “ThreatLocker’s acquisition of Third Wall reinforces its commitment to providing enterprise-level cybersecurity tools to MSPs.”

Thousands of MSP Partners

ThreatLocker grew 530% last year in the MSP industry and it now has thousands of MSP partners, Jenkins said.

“We protect close to 30,000 businesses,” he said. “The consequence of the problem of malware running in machines has gotten much worse now in that it’s no longer benign viruses that show you pop-ups and things like that. Now it’s ransomware, data theft, things like that. And the antiviruses constantly fail. Endpoint security has constantly failed to detect threats. So we made it very simple.”

ThreatLocker’s Danny Jenkins

ThreatLocker only allows what’s needed and everything else gets blocked, Jenkins said.

“And then we’ve made that really viable to partners,” he said. “We’ve gone into the MSP industry and we’ve helped the MSP industry, and we’ve educated the MSP industry and said this is what you need to do. And then suddenly these MSPs that previously had no control have control over their customers’ environments. These environments are now secure and that good news spreads fast. People are like this is an awesome product and a lot of our growth is through referral. I’d say probably two thirds of our growth is through referral.”

Scroll through our slideshow above for more from Jenkins and more cybersecurity news.