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Managed Security Services Provider (MSSP) Market News: 14 April 2022

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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), 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 News Alerts

1. Funding - XDR for SMB: Blueshift Cybersecurity has raised $6.0 million ion seed funding from WestWave Capital and CyberJunction. Blueshift will utilize the seed capital to expand sales, marketing, and channel development efforts, invest further in R&D and operations, and build out its management team, the company indicated.

2. Funding - SaaS Security: DoControl has raised a $30 million Series B funding led by Insight Partners, with participation from StageOne Ventures, Cardumen Capital, RTP Global, and CrowdStrike's early stage investment fund.

3. Funding - Autonomous Red Teaming: Prelude, a Washington, D.C-based startup that helps organizations harden their cyber defenses through the use of autonomous red-teaming, has secured $24 million in Series A funding, TechCrunch reported.

4. Funding - Cybersecurity Awareness Training:  HacWare has raised $2.3 million in seed funding to expand its cybersecurity awareness and training offering, TechCrunch said.

5. Rackspace Becoming MSSP?: Rackspace Technology has joined the Microsoft Intelligent Security Association (MISA), an ecosystem of security software companies and MSSPs. It's the latest clue that Rackspace is more fully extending from multi-cloud managed services to cybersecurity services.

6. Botnet Disrupted: Microsoft’s Digital Crimes Unit (DCU) has taken legal and technical action to disrupt a criminal botnet called ZLoader, according to a Microsoft blog.

7. Microsoft Security Advisory: Microsoft has released an advisory to address CVE-2022-26809, a critical remote code execution vulnerability in Remote Procedure Call Runtime Library, the CISA reported.

8. Leadership: SnapAttack has hired Paul Caiazzo as chief growth officer.

9. Talent - Identity and Access Management: Ping Identity has named Rakesh Thaker as its new SVP, chief development officer.

10. Partner Program: Offensive Security has launched the Offensive Security Global Partner Program.

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

  1. Purple Hats 2022 by AttackIQ (April 21)
  2. Apptega Amplify Partner Summit 2022 MSSP Security Conference (April 27-28, Atlanta, Georgia)
  3. Fortinet Accelerate 2022 (May 10-13, Virtual)
  4. Black Hat Asia 2022 (May 10-13, Singapore)
  5. ForgeRock IDLive 2022 (May 23-25, Austin, Texas)
  6. 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.