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Managed Security Services Provider (MSSP) News: 20 May 2020

Each business day, MSSP Alert broadcasts 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) and MSP security providers — and those who need to partner up 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 Joe@AfterNines.com.

A. Today’s MSSP Alerts

1. Cybersecurity Suites: BlackBerry Spark Suites are now available. The suites feature cybersecurity and endpoint management options to help protect data, minimize risk, and reduce cost and complexity.

2. Funding – Cyber Insurance: Coalition has raised $90 million in equity capital led by Valor Equity Partners. Felicis Ventures, Greyhound Capital, and Coalition’s existing investors participated in the round.

3. Remote Work – Security: Varonis Systems has released a Varonis Data Security Platform update give remote, cloud-enabled organizations enhanced visibility and control over their most sensitive and valuable data, the company says.

4. Revenues – Cloud SIEM: Exabeam says its SaaS Cloud generated more than half of the company’s Q1 FY21 new and add-on recurring revenue.

5. Risk Management: ProcessUnity has extended its Vendor Risk Management automation platform with new capabilities to incorporate industry risk intelligence into third-party risk processes.

6. Email Security: Abnormal Security has launched VendorBase, a global, federated database that tracks the reputations of an organization’s vendors and customers, and improves detection accuracy of advanced social engineering attacks, the company says.

7. Talent – Utility and Energy Security: Fortress Information Security has recruited EY veteran Michael Bailey to assist utility customers with third-party risk management and supply chain security concerns.

8. Talent  – Endpoint Security: Kaspersky has hired RSA veteran Randall Richard as the new head of enterprise sales for the United States.

B. Partnerships and Strategic Alliances

1. Partnership – Unified Endpoint Security: Lookout, Carbon Black and VMware are partnering to deliver a Unified Endpoint Security (UES) solution.

2. Partner Program – Cloud Security: Armor has enhanced its Global Partner Program with new perks for MSPs. VARS, master agents and resellers also are partner targets for the program.

3. Partnership – Cloud Security: SecureSky and ThreatQuotient are working together…

C. Upcoming Cybersecurity Conferences

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