Fri Jan-19-2024: MSPs Boost IT Budgets by 70%, FTC Joins AI Pact, Kaseya Case Update

In this episode, we discuss four key topics. First, MSPs are boosting their IT budgets by up to 70% to meet the growing demand for enterprise IT. Second, the FTC joins a global pact for AI data privacy, focusing on enhancing training data trustworthiness. Third, we provide an update on the Kaseya case, with prosecutors and the FBI continuing their pursuit beyond sentencing. Finally, we explore the importance of cross-industry collaboration in leveraging AI's full potential, with insights from Google DeepMind's COO. We also highlight the significance of human expertise in cybersecurity and introduce Huntress, a company dedicated to elevating SMBs and MSPs with fully managed cybersecurity solutions. The episode concludes with a report on MSPs' increased spending and the popularity of refurbished IT equipment in the industry. Four things to know today00:00 MSPs Boost IT Budgets by 70%: Surge in Enterprise IT Demand Spurs Growth04:06 FTC Joins Global Pact for AI Data Privacy: New Standards to Enhance Training Data Trustworthiness06:20 Progress in Kaseya Case: Prosecutors and FBI Continue Pursuit Beyond Vasinskyi's Sentencing07:19 Cross-Industry Collaboration Key to Leveraging AI's Full Potential: Insights from Google DeepMind COO Supported by:  https://huntress.com/mspradio/     💼 All Our SponsorsSupport the vendors who support the show:👉 https://businessof.tech/sponsors/ 🚀 Join Business of Tech PlusGet exclusive access to investigative reports, vendor analysis, leadership briefings, and more.👉 https://businessof.tech/plus 🎧 Subscribe to the Business of TechWant the show on your favorite podcast app or prefer the written versions of each story?📲 https://www.businessof.tech/subscribe 📰 Story Links & SourcesLooking for the links from today’s stories?Every episode script — with full source links — is posted at:🌐 https://www.businessof.tech 🎙 Want to Be a Guest?Pitch your story or appear on Business of Tech: Daily 10-Minute IT Services Insights:💬 https://www.podmatch.com/hostdetailpreview/businessoftech 🔗 Follow Business of Tech LinkedIn: https://www.linkedin.com/company/28908079YouTube: https://youtube.com/mspradioBluesky: https://bsky.app/profile/businessof.techInstagram: https://www.instagram.com/mspradioTikTok: https://www.tiktok.com/@businessoftechFacebook: https://www.facebook.com/mspradionews Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.