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Managed Security Services Provider (MSSP) News: 19 March 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 Monday, March 19, 2018:

15. Facebook Under Fire: Government officials in the U.S. and Europe are demanding answers from Facebook after reports that Cambridge Analytica, the advertising-data firm that helped Donald Trump win the U.S. presidency, retained information on tens of millions of Facebook users without their consent, Bloomberg says.

14. Energy Grid Attacks: New research from Cylance identifies how Russia allegedly compromised routers to attack U.S. government agencies and organizations in the energy, nuclear, commercial facilities, water, aviation, and critical manufacturing sectors.

13. DHS Cyber Budget: Three lawmakers are pressing House appropriators to fully fund a key cybersecurity program at the Department of Homeland Security in funding legislation for the next fiscal year, The Hill reports. The program, called the Continuous Diagnostics and Mitigation (CDM) program, is part of the department’s broader effort to keep federal networks secure from cyberattacks.

12. Russia vs. USA: Russia would be the United States in a cyber war, according to FireEye CEO Kevin Mandia…

11. Hacker’s Death: Adrian Lamo, a computer hacker best known for giving up information that lead to Chelsea Manning’s arrest, has died at the age of 37, The Independent reports. Lamo, occasionally known as the “homeless hacker” because of his penchant for roaming the US on Greyhound buses, died in Sedgwick County, Kansas on Friday, according to multiple reports, the report says.

10. Guilty Plea: A Russian coder who ran and franchised an anti-anti-virus service has pled guilty to one charge of conspiracy and one charge of aiding and abetting computer intrusion, according to Sophos. The service let crooks check against dozens of brands of antivirus software to see if their malware would be detected and helped a range of malware slip through to bring about massive hacks, the report says.

9. IaaS Cloud Security: Netskope has expanded its Infrastructure-as-a-Service (IaaS) security capabilities for Amazon Web Services and Microsoft Azur. The updates include continuous security assessment and monitoring features, the company claims.

8. Cyber Insurance Tips: Here are five steps to finding the right cyber insurance coverage for your business, according to Judy Selby Consulting.

7. IPO: Zscaler stock doubled in its IPO last week. The company specializes in cloud security solutions.

6. Talent: CryptoSecure has retained John McAfee — yes, that John McAfee — as a senior strategic advisor to the cybersecurity startup…

5. FireEye Getting Acquired?: The rumors — actually, speculation — has returned

4. Beyond SIEM for MSPs: CyberGuard 360 is alpha testing CG360 SMM, a Security Management and Mitigation tool that features traditional SIEM (Security Information and Event Management) capabilities plus real-time information monitoring, management, audit and compliance reporting. It will also have top-level scripting, protection, mitigation and remediation functionality, and RMM (remote monitoring and management) features for MSPs, the company claims.

IBM Security VP John Wheeler

3. IBM Think 2018: We’re sitting down with John Wheeler, VP strategy, IBM Security during the IBM Think 2018 conference on Tuesday. Got questions about IBM’s partner strategy in the security sector? Email me (Joe@AfterNines.com) and I’ll potentially seek answers to your inquiry during my meeting with Wheeler.

2. Market Forecasts: The global security system integrator market will reach $18.44 billion by 2025, up from $8.79 billion in 2016, according to KM Insights. That’s a healthy compound annual growth rate (CAGR) of 8.58 percent from 2017 to 2025. Still, the managed security services market CAGR is 18 percent, according to Research and Reports.

1. MSSP Partnership: SkOUT Secure Intelligence and Cigniti are partnering to combine SkOUT’s MSSP and cyber security services with Cigniti’s extensive quality engineering and testing expertise.

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