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Managed Security Services Provider (MSSP) News: 02 August 2017

Each day MSSP Alert broadcasts a quick lineup of news, analysis and chatter from across the global managed security services provider ecosystem.

Here’s the lineup for Wednesday, August 2, 2017:

9. Kaspersky Lab in Government: While the U.S. federal government pushes federal agencies to back away from Kaspersky Lab’s software, some U.S. cities continue to run Kaspersky’s software. More than 20 federal agencies, meanwhile, have until August 11 to tell a congressional committee whether they’re running Kaspersky’s code. The government alleges the security company likely has ties to Russia’s government. Kaspersky has aggressively and repeatedly denied the claim.

8. MSSP Platform Upgrade: Fortinet has upgraded its SaaS security offering for SMBs and MSSPs. The new FortiCloud version 3.2 offers enhanced management capabilities to provide anywhere-anytime control over the Security Fabric solutions used to defend SMB customer systems, the company claims.

7. Mobile Device Security: Duo Security is working closely with VMware Workspace to help organizations identify managed and unmanaged mobile devices attempting to access corporate applications with sensitive data. The overall goal: Drastically simplify the enforcement of mobile security policies.

6. FireEye Upside Surprise: FireEye delivered stronger-than-expected quarterly results yesterday, and the company also raised its outlook for annual revenue. The news helped to quiet critics, many of whom were concerned by hackers breaching a FireEye employee account — which triggered headlines earlier this week.

5. Managed Security Services Expansion: Konica Minolta has launched the bizhub SECURE Platinum professional security service, an upgrade to the bizhub SECURE portfolio. The enhancement addresses network security and industry compliance requirements, the company says.

4. Threat Intelligence Market Size, Forecast: The Threat Intelligence Market will enjoy a compound annual growth rate (CAGR) of 18.4 percent from 2017 to 2022, according to a recent research report.

3. M&A – MSSPs: Zeneth Technology Partners and PierceMatrix have merged to bolster managed security services for small and midsize businesses. We’ll share more details soon.

2. M&A – Mitigation and Response: Qualys has acquired Nevis Networks assets. The deal is “expected to provide significant domain expertise in passive scanning technologies and allow Qualys to accelerate its move into the adjacent market of mitigation and response at endpoints,” the companies said.

1. Warning Sign: More than 70 percent of small and midsize businesses are not prepared for cybersecurity risks, a new Webroot research report asserts. We’ll share more perspectives soon.

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