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Managed Security Services Provider (MSSP) News: 17 January 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 lineup for Wednesday, January 17, 2018:

10. Free Fallin’: BitCoin has slumped to about $10,000 — about half its peak price….

9. International Espionage?: Opposition members of the Philippine Congress raised concern on Wednesday that China Telecom, which may enter the Philippine industry, could be a “Trojan horse” aimed at giving China access to state secrets, Reuters says. Separately, U.S. lawmakers apparently are pushing AT&T to distance itself from Huawei, the Chinese telecom infrastructure provider. Just about everyone seems to be suffering from Red Scare fever these days.

8. NSA Surveillance:  The U.S. Senate on Tuesday advanced a bill to renew the National Security Agency’s warrantless Internet surveillance program, as a final push by privacy advocates to derail the measure came up one vote short, reports note.

7. Breach Notification Law: Following an increase in reported state data breaches in 2017, North Carolina’s attorney general and a state representative introduced data breach legislation to better protect individuals, according to Health IT Security. The latest Act to Strengthen Identity Theft Protections updates what constitutes a security breach and allows for tighter data protection, according to a fact sheet from the Attorney General’s office, rhe report notes.

6. Android Spyware: Kaspersky Lab has uncovered what it claims is the world’s most powerful Android spyware tool. It’s called Skygofree.

5. Growth: Barkly, an endpoint security specialist, says its Q4 2017 recurring revenues surged 273 vs. Q4 2016. Still, actual revenue dollar figures were not disclosed, so we don’t know if the large percentage growth rate involves a small starting dollar figure…

 4. Mac Security: Secdo, which develops automated endpoint security and incident response technology, has added support for Apple macOS.

3. Talent – CEO: Absolute, an endpoint visibility and control company, has shifted the CEO title from George Haydon to interim leader Steve Munford.

Chris Scanlan

2. Talent – Cylance: Optiv veteran Chris Scanlan has joined Cylance as senior VP of North America sales, where he’ll focus on revenue growth, building business partnerships, and growing the capabilities of the sales teamm, the company says. Scanlan reports to John Giacomini, Cylance’s executive VP of worldwide sales. Scanlan comes to Cylance after serving as Senior Vice President of worldwide sales at Optiv, where he was responsible for a $2.3 billion business unit with more than 650 employees. Optiv, by the way, has relationships with dozens of security companies — which mans Scanlan understands the true pros and cons of rival offerings…

1. M&A: One Identity has acquired Balabit to bolster Privileged Access Management Solutions. We’ll share more details today.

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