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Managed Security Services Provider (MSSP) News: 28 October 2021

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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) 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, MDR, XDR and Cybersecurity News Alerts

    1. M&A Rumor: It looks like email security software provider Mimecast is up for sale...

    2. M&A - Container Security: SUSE has acquired container security software company NeuVector for $130 million. Several large MSSPs and IT security consulting companies are NueVector partners, including Accenture, NTT Data, Protech and Sogeti (part of Capgemini).

    3. AWS Security Monitoring: NTT has launched the Cyber Threat Sensor AI (CTS-AI) to "ensure scalable security for client applications and workloads hosted on Amazon Web Services (AWS)."

    4. Partnership - SD-WANs: Verizon Business has expanded its global SD-WAN offering with the addition of Verizon Software Defined Secure Branch with Fortinet Secure SD WAN. The solution is "designed to provide businesses, including enterprise and business market customers, with a converged networking and security solution in-a-box' to secure and connect hybrid and remote workforces," Verizon asserted.

    5. Localized Cloud-Based Security: Qualys has launched two new multi-tenant cloud platforms catering to Australia / New Zealand, and the United Kingdom.

    6. Connected Device Security: Ordr has expanded its platform to include a Ransom-Aware Rapid Assessment service. The service helps security teams accelerate their response to ransomware and other advanced attacks, Ordr said.

    7. CheckPoint Financial Results: Security company Check Point Software Technologies announced Q3 results. Key metrics include:

    • Revenue of $534 million, up 5 percent compared to Q3 of 2020.
    • Net income $187 million, down from $200.7 million in Q3 of 2020.
    • 8. Ransomware Attacks:

      • Papua New Guinea’s finance department has been hit with a ransomware attack, locking access to hundreds of millions of dollars in foreign aid money, Bloomberg reported.
      • The National Rifle Association (NRA) has been hit by a ransomware attack, becoming the latest victim of a massive spike in these attacks this year, according to The Hill and associated reports.
      • B. MSSP, MDR and Cybersecurity Virtual Events and Conference Calendar

        1. Saviynt Converge 21 Identity and Security Conference (November 3-5, Huntington Beach, California)
        2. AT&T Security Conference (November 3, Virtual)
        3. Black Hat Europe 2021 (November 8-11, London)
        4. InfoSec World (November 9-10, Virtual)
        5. Qualys Security Conference (QSC) 2021 (November 15-18, Las Vegas and Virtual)
        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.

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