Managed Security Services Provider (MSSP) Market News: 09 May 2022

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Each business day, MSSP Alert delivers a quick lineup of news, analysis and chatter from across the managed security services provider ecosystem.

  • The Content: Written for MSSPs, SOC as a Service (SOCaaS), Managed Detection and Response (MDR), eXtended Detection and Response (XDR), threat hunters and MSP security providers — and those who need to partner with such companies.
  • Frequency and Format: Every business morning. Typically one or two sentences for each item below.
  • Reaching Our Inbox: Send news, tips and rumors to Editorial Director Joe.Panettieri@CyberRiskAlliance.com. Thank you in advance for news tips.

A. Today’s MSSP, MDR, XDR and Cybersecurity Market News

1. Partnership – Open XDR: Digital solutions provider NGBPS will sell and support Stellar Cyber’s Open XDR-based Threat Detection and Response platform to customers in India, the companies announced.

2. Agriculture Ransomware Attack: The victim is tractor maker AGCO, a key rival of John Deere & Co.

3. Distribution – TD Synnex and Broadcom: TD Synnex has agreed to become Broadcom Software’s exclusive cybersecurity aggregator partner in the United States. The partnership involves the former Symantec enterprise software business.

4. Nvidia Fined: Nvidia has agreed to pay $5.5 million to settle civil charges that the technology firm did not properly disclose the impact of cryptomining on its gaming business, Reuters reported.

5. Robotic Process Automation: UiPath has introduced Automation Cloud Robots as a part of the UiPath 2022.4 platform release. The new release simplifies how “developers create automations, uplevel security and governance, and expand access to automation to Mac,” UiPath said. The new release surfaces as UiPath evolves its executive team.

B. MSSP, MDR and Cybersecurity Virtual Events and Conference Calendar

  1. Fortinet Accelerate 2022 (May 10-13, Virtual)
  2. Black Hat Asia 2022 (May 10-13, Singapore)
  3. Microsoft Security Summit 2022 (May 12, Virtual)
  4. ForgeRock IDLive 2022 (May 23-25, Austin, Texas)
  5. BonusMSSP Alert’s complete event calendar
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