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Managed Security Services Provider (MSSP) Market News: 13 May 2022

Professional IT Engineers Working in System Control Center Full of Monitors and Servers. Supervisor Holds Laptop and Holds a Briefing. Possibly Government Agency Conducts Investigation. (Professional IT Engineers Working in System Control Center Full

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 Editorial Director [email protected]. Thank you in advance for news tips.

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

1. Talent - MDR: Pondurance has hired Mike Sherwood as VP of sales. He previously held key roles at Secureworks, InteliSecure and Proofpoint.

2. Partnership - Microsoft MDR: Critical Start participated in a "design collaboration" with Microsoft as part of the recent Microsoft Security Experts services launch.

3. Mandiant and Google Cloud Security: It's safe to expect Mandiant to surface at the Google Cloud Security Summit on May 17. Google is set to acquire Mandiant for $5.4 billion in a bid to boost the Google Cloud Security business. Mandiant's business continues to perform well amid the pending M&A deal, though the Department of Justice is giving the deal a look...

4. Secure Content Management - Part One: Egnyte has enriched its partner program to include unique packages, faster response time for invoicing, and dedicated training for new solutions. The updates include:

  • Dedicated pricing and packages for partners.
  • A designated team of experts to help MSPs select security, governance, and industry solutions.
  • An expanded partner portal and enablement solutions.

5. Secure Content Management - Part Two: Egnyte has hired BugCrowd, SonicWall and Juniper Networks veteran Ravi Chopra as CFO. The move comes as Enyte pushes beyond $160 million in annual recurring revenue (ARR), CEO Vineet Jain indicated.

6. Cloud Distribution: Ingram Micro Cloud has expanded the availability of Bitdefender solutions from North America to partners in the United Kingdom, New Zealand and Australia.

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

  1. ForgeRock IDLive 2022 (May 23-25, Austin, Texas)
  2. ItaliaSec 2022 (May 24-25, Milan, Italy)
  3. ConnectWise IT Nation Secure 2022 (June 6-8, Orlando, Florida)
  4. RSA Conference 2022 (June 6-9, San Francisco, California)
  5. Gartner Security and Risk Management Summit 2022 (June 7-9, Maryland)
  6. Identiverse 2022 (June 21-24, Denver, Colorado)
  7. 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.