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Managed Security Services Provider (MSSP) News: 26 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 Friday, January 26, 2018:

5. eDiscovery: Deloitte and Relatively are partnering more closely on eDiscovery services…

Arthur Wong

4. Talent: Trustwave parent Singtel has named Arthur Wong to the newly created post of CEO for the company’s cybersecurity portfolio. Trustwave was a Top 100 MSSP for 2017. The 2018 list is due in September.

3. Funding: Allure Security has raised $5.3 million in seed funding to drive R&D for the company’s data loss detection and response (DDR) platform. New hires in the company’s Boston office also are expected.

2. Partnership: SecureWorks, a Top 100 MSSP for 2017, has partnered with Carahsoft to promote managed security services into the government sector. We’ll share more details soon.

1. M&A — MSSP Rollup: A venture capital fund advised by former British and U.S. intelligence officials is planning a string of acquisitions to create a pan-European cyber security specialist, according to Reuters. C5 Capital aims to create a regional managed security service leader combining the latest cloud-based cyber defenses, high levels of automation and local regulatory knowledge, Reuters says.

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