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Managed Security Services Provider (MSSP) News: 17 May 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 Thursday, May 17, 2018.

9. CIA Hacker Tools Leak:  The U.S. government has identified a suspect in the leak last year of a large portion of the CIA’s computer hacking arsenal, the cyber tools the agency had used to conduct espionage operations overseas, according to The Mercury News.

8. GDPR Compliance: Fully 95% of businesses surveyed in the US, UK, and Australia believe stronger data protection policies will lead to fewer breaches. But only 42 percent are ready to comply with those policies — particularly GDPR, according to a Webroot survey.

7. Mexico Bank Heists: Mexico’s central bank said on Wednesday that a cyber attack had sucked around 300 million pesos ($15.33 million) in fraudulent transfers from five companies, but it was unclear how much thieves had managed to pull out in cash, Reuters reports. Earlier reports suggested that at least five Mexico banks lost about $20 million in bogus money transfers.

6. Talent: Former Uber Technologies cyber security chief Joe Sullivan is joining Internet security firm Cloudflare as its new chief security officer.

5. Funding: Octopus Investments has pumped ‘growth capital’ into Ubisecure, a customer identity & access management (CIAM) software provider and cloud identity services enabler. The investment will fuel expansion in Europe and accelerate category-defining innovation and product development for its CIAM platform, the companies say. Financial details were not disclosed.

4. Palo Alto Networks Conference: Ignite18, a Palo Alto Networks customer and partner conference, is scheduled for next week in Anaheim, Calif. We’ll be watching the conference closely for news…

3. Research: Fortinet’s latest Global Threat Landscape Report has surfaced. It covers trends in cryptojacking, targeted attacks, ransomware, and more.

2. Momentum: Cisco Systems’ security business grew 11 percent in the company’s most recent quarter, driven by strong demand for solutions that extend from the endpoint to the network to the cloud, according to CEO Chuck Robbins. Moreover, the company’s Talos intelligence platform now blocks 20 billion threats every day, Robbins said during an earnings call yesterday.

1. MSP Pricing Guidance – Today: Join our sister site ChannelE2E today for its latest webcast. Our special guest, TruMethods CEO Gary Pica, explains MSP pricing strategies to attendees. Register now.

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