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Managed Security Services Provider (MSSP) News: 07 August 2019

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 Joe@AfterNines.com.

Here’s the daily business update for Wednesday, August 7, 2019.

A. Today’s MSSP Alerts

1. New Side Channel Vulnerability?: Details are here.

2. SMB Cyber Insurance: California leads the nation in small to mid-size business cyber insurance adoption, according to a report released on Tuesday by CyberPolicy, according to Insurance Journal.

3. M&A – Risk Management: Ethics and compliance software and services company NAVEX Global has acquired Lockpath, a provider of integrated risk management (IRM) software.

4. Funding – Linux Security: Capsule8 has received a “multimillion-dollar investment from Intel Capital.” Total funding from multiple investors now stands at $30 million. Capsule8 secures Linux production environments – whether containerized, virtualized or bare metal, deployed on-premises or in the cloud.

5. Multi-Cloud Security Monitoring: Earthling Security has launched a multi-cloud Managed Continuous Monitoring Service and 24 x 7 Cloud-based Security Operations Service for Amazon Web Services, Microsoft Azure, VMware and Google Cloud Platform.

6. CyberArk Financial Results:  CyberArk, a provider of privileged access security, announced financial results for the second quarter ended June 30, 2019. The figures included:

  • Second quarter total revenue of $100.2 million, up 29 percent from the corresponding quarter last year.
  • GAAP net income of $13.4 million, up from GAAP net income of $8.4 million in the corresponding quarter last year.

The results generally beat Wall Street’s expectations.

7. AT&T Hacker Plot: A hacker paid AT&T employees thousands of dollars to unlock millions of phones over a five-year period, The Verge reports.

8. Spear Phishing and Financial Fraud: A hacker who passed himself off as a Dell staffer working in equipment and services support has pleaded guilty to a spear-phishing campaign that stole nearly $750,000 from the University of California San Diego (UCSD), Naked Security reports.

B. MSSP Partner Programs and Strategic Alliances

1. All Partner Programs: Search the comprehensive ChannelE2E Partner Program Database here. Also, submit your company information here and your partner program can be listed in the database.

C. Next Five Technology Conferences

  1. Black Hat USA 2019 (August 3-9, Las Vegas)
  2. EnergySec Security and Compliance Summit 2019 (August 19-21, Anaheim, California)
  3. GSX 2019: Global Security Exchange Conference (September 8-12, Chicago, Illinois)
  4. MSSP Accelerator – Sales and Marketing Summit (September 10-11, Cedar Rapids, Iowa)
  5. CISA Cybersecurity Summit 2019 (September 18-20, National Harbor, Maryland)
  6. Bonus: The complete MSSP Alert calendar

Email me your news, rumors and tips for potential coverage here on MSSP Alert.

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