Managed Security Services Provider (MSSP) News: 02 March 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 [email protected].

A. Today’s MSSP Alerts

1. Private Equity - Cybersecurity: After a brief delay, private equity firm Thoma Bravo has completed its buyout of cybersecurity firm Sophos. A major focus on MSP-centric deployments remains in place.

2. M&A and Cyber Due Diligence: It ain't easy, according to a West Monroe Partners survey.

3. Ransomware Attacks Fortune 500 Firm: Emcor has suffered a ransomware attack, the $9 billion company has confirmed.

4. Ransomware Payment - Georgia: The City of Cartersville, Georgia, paid hackers $380,000 to recover from a ransomware attack, The Daily Tribune News reports.

5. Ransomware Payments - Total Cost: Ransomware victims paid attackers more than $140 million over the past six years to decrypt data, the FBI says.

6. Cisco SecureX Strategy: More details are here.