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Managed Security Services Provider (MSSP) News: 12 November 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 daily business update for Monday, November 12, 2018.

17. China-Driven IP Theft?: China is violating a 2015 cybersecurity agreement that prohibits the electronic theft of intellectual property, and the U.S. might issue sanctions in response, a top official at the National Security Agency said. according to Bloomberg.

16. Hackers Target Government Militaries: Symantec has discovered a previously unknown attack group called Gallmaker. The group targets government and military organizations, including several overseas embassies of an Eastern European country and military and defense targets in the Middle East, Symantec asserts.

15. GDPR Violations?: Privacy International has filed complaints against Acxiom, Oracle, Criteo, Quantcast, Tapad, Equifax and Experian over GDPR-related data protection issues. Privacy International logged the complaints with the French, Irish and UK authorities, The Drum reports.

14. Student Cybersecurity Competition: New York University’s CSAW, which calls itself the world’s largest student-run cybersecurity competition, this week announced the 397 high school, undergraduate, and graduate students from around the world who will enter its final round, Dark Reading reports.

13. Cyber Spending Optimization: The DHS Science and Technology Directorate (S&T) has awarded $1.27 million to two universities. The goal: Develop new solutions to improve the capability of organizations to understand and improve their cybersecurity control investment decisions, DHS says.

12. IoT Security: Avnet and Octonion are partnering to develop Artificial Intelligence-driven security for Internet of Things (IoT) deployments.

11. M&A – IoT Security: ForeScout Technologies, an Internet of Things security company, has acquired SecurityMatters, which specializes in operational technology (OT) network protection. The deal involves approximately $113 million in cash.

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