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Managed Security Services Provider (MSSP) Market News: 15 September 2022

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Each business day, MSSP Alert delivers this 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:

Thank you in advance for news tips.

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

1. Partnership - Regulatory Compliance: Telos and IBM Security are partnering to help enterprises "operationalize and automate activities and solve challenges in cybersecurity compliance and regulatory risks."

2. Partnership - Cyber Insurance: EXL and CyberCube are jointly developing cyber insurance solutions for the property and casualty (P&C) insurance industry.

3. Research - Cyber Insurance: Small businesses have become bigger targets, overall incidents are down, and ransomware attacks are declining as demands go unpaid, according to the Coalition 2022 Mid-Year Cyber Claims Report update.

4. Research - Insider Threat Risks: Insider Threats are the most difficult attack to detect – the highest percentage across types, according to a Gurucul survey conducted at Black Hat USA.

5. Funding - Multi-Cloud Security: Fortanix has raised $90 million in Series C funding led by Goldman Sachs Asset Management with participation from GiantLeap Capital as well as the existing investors Foundation Capital, Intel Capital, Neotribe Ventures, and In-Q-Tel. 

6. IoT Security Regulations : From laptops to fridges to mobile apps, smart devices connected to the Internet will have to assess their cybersecurity risks and fix them under draft European Union rules, Reuters reported.

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

  1. Join UsMSSP Alert Live (September 19-21, Washington, D.C.)
  2. Fal.Con 2022: CrowdStrike Cybersecurity Conference (September 19-21, Las Vegas)
  3. SentinelOne LABScon Security Research Conference 2022 (September 21-24, Phoenix, Arizona)
  4. InfoSec World 2022 (September 26-28, Orlando, Florida)
  5. BonusMSSP Alert’s complete event calendar
Joe Panettieri

Joe Panettieri is co-founder & editorial director of MSSP Alert and ChannelE2E, the two leading news & analysis sites for managed service providers in the cybersecurity market.