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Managed Security Services Provider (MSSP) News: 27 April 2020

Each business day, MSSP Alert broadcasts a quick lineup of news, analysis and chatter from across that 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. Barracuda Networks CEO Interview: BJ Jenkins describes his company’s business strategy amid COVID-19 here. The key takeaways: Barracuda is profitable, plans no layoffs, and will continue to monitor the market for potential acquisitions.

2. Sophos Zero Day Patch: Sophos published an emergency security update on April 25 to patch a zero-day vulnerability in its XG enterprise firewall product that was being abused in the wild by hackers, ZDNet reports.

3. Ransomware Attacks California City: The victim is Torrance, California, near Los Angeles.

4. Work From Home Cyberattacks: Phishing and malware attacks rose more than 80 percent in March 2020 amid the shift toward WFH business communications, SolarWinds says. Moreover, SolarWinds Mail Assure detected and blocked approximately 10 million phishing attacks per week with a filtering accuracy of over 99.999%, the software company says.

5. Checkpoint Earnings: Checkpoint Software Technologies‘ Q1 2020 financial results included:

  • Revenue of $486 million, up 3 percent compared to the corresponding quarter last year.
  • Net income of $178.7 million, down slightly from $179.9 million in the corresponding quarter last year.

The results generally beat Wall Street’s expectations.

6. Physical Security – Managed Video Surveillance Services: Arcules and RAS Watch are partnering to deliver a security operations center (GSOC) solution that monitors customers’ physical security. The managed service spans cloud-based video management, IP cameras, remote monitoring, alert verification and system health monitoring.

7. Mobile Endpoint Protection: Cybereason has launched Cybereason Mobile, a cloud-based offering designed to help enterprises prevent, detect and respond to both mobile device and traditional endpoint risks by connecting disparate threats in a single and complete malicious operation (Malop), the company asserts.

B. Upcoming Cybersecurity Conferences

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