MSSP Alert’s regional coverage of managed security services providers, cybersecurity news and events in Europe.

Italy Creates National Cybersecurity Agency

Amid concerns about alleged Russia hacking activities, Italy’s cabinet approves plan to create national cybersecurity agency operating under Prime Minister Mario Draghi’s authority.

French Insurer AXA Drops Ransomware Payment Coverage

European insurer AXA will no longer underwrite cyber insurance policies to reimburse companies for ransomware payments after cyber attacks.

Ransomware Attacks Ireland Health Service; Cybersecurity Partners Investigate

Ransomware attack forces Ireland’s nationwide Health Services Executive (HSE) network to shut down IT systems. HSE’s cybersecurity partners assist cyberattack investigation.

UK MSSP Performanta Acquires Microsoft IAM Company Identity Experts

Performanta acquires Microsoft Gold Security Partner & identity & access management (IAM) company Identity Experts to enhance its Microsoft portfolio.

Private Equity Invests in MSSP, MDR Cybersecurity Firm Bridewell

MSSP & MDR cybersecurity service provider Bridewell Consulting receives private equity investment from Growth Capital Partners (GCP).

PYSA Ransomware Attacks U.S., U.K. Schools, FBI Alert Warns

PYSA ransomware attacks hit UK & UK schools, the FBI and the Department of Homeland Security’s (DHS) cyber wing warn in a joint Flash alert.

Regulatory Sandboxes Gain Traction with European Data Protection Authorities

Two European Data Protection Authorities (DPAs) have created their own sandbox initiatives following the ICO’s framework, Hunton Andrews Kurth explains.

Stormshield Breach: Hackers Steal Security Company’s Firewall Source Code

Hackers breach Stormshield customer support portal & steal network firewall source code. French government closely monitoring the cyberattack.

BlueVoyant Hires IBM Security Veteran for European MSSP Expansion

BlueVoyant, a Top 250 MSSP & cybersecurity services company, hires IBM Security veteran Gyorgy Robert Racz to drive European expansion.

Cyber Insurance Indirectly Aids Ransomware Groups, UK Expert Asserts

The U.K.’s former top cybersecurity official warned companies not to meet hackers’ ransomware demands, a report said.