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Managed Security Services Provider (MSSP) News: 10 October 2018

Each morning MSSP Alert broadcasts a quick lineup of news, analysis and chatter from across the global managed security services provider, SOC (security operations center) and IT outsourcing ecosystem.

Here’s the update for Wednesday, October 10, 2018.

11. Pentagon vs. Hackers: Alas, guess who’s winning

10. Compliance – Data Breach Fine: Heathrow Airport has been fined £120,000 by regulators following an embarrassing data breach caused by a USB stick, ZDnet reports. The London-based airport, which is the busiest in the United Kingdom, was left red-faced after an employee lost a USB stick containing 76 folders and over 1,000 confidential files, the report says.

9. Threat Hunting Report: Nearly 50 percent of digital intrusion cases involve adversaries with a nation-state nexus, while 19 percent were conducted by eCrime actors, according to a CrowdStrike threat hunting report.

8. Endpoint Security Research: We’re not picking favorites, but this endpoint security research from Canalys is pretty detailed…

7. Endpoint Detection and Response: Bitdefender has unveiled GravityZone Ultra 3.0, a single-agent, single-console endpoint protection solution that combines prevention and hardening with advanced endpoint detection and response (EDR), the company says.

6. Channel Strategy: Trustwave, a Top 100 MSSP, has partnered with AVANT Communications, a distributor and channel sales enablement company. AVANT’s partner ecosystem can now leverage Trustwave’s portfolio of managed security services.

5. MSP to MSSP partnerships: Roughly 87% of MSPs have lost customers because their IT offering lacked security solutions the customer was seeking, according to a recent Collabrance report. Amid that reality, MSPs are increasingly pursing partnerships with MSSPs, Collabrance asserts. MSSP Alert agrees.

4. Expansion: ON2IT, which claims to be one of Europe’s largest pure-play cybersecurity service providers, has opened of its first U.S. office in Plano, Texas. Former IBM VP Kristie Bell is CEO of On2IT’s U.S. division.

3. Funding: Paladin Cyber, a cyber protection company focused on defending small and medium businesses against security threatshas raised $3.6 million in funding, bringing its total funding since launch to $4.5 million. 

2. M&A – Cybersecurity Software: Private equity firm Thoma Bravo is acquiring Imperva for $2.1 billion, the companies confirmed this morning. Still, there’s a go-shop period that allows Imperva to solicit other bids for the company.

1. Conference: More than 100 developers attended a Carbon Black gathering yesterday in New York. The broader Carbon Black Connect 2018 conference kicks off today.

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