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Managed Security Services Provider (MSSP) News: 15 November 2019

Each business day, MSSP Alert broadcasts a quick lineup of news, analysis and chatter from across that managed security services provider ecosystem.

  • The Content: Written for MSSPs, SOC as a Service (SOCaaS), Managed Detection and Response (MDR) and MSP security providers — and those who need to partner up with such companies.
  • Frequency and Format: Every business morning. Typically one or two sentences for each item below.
  • Reaching Our Inbox: Send news, tips and rumors to Joe@AfterNines.com.

A. Today’s MSSP Alerts

1. Funding – Password Management: 1Password has raised $200 million in a Series A funding round led by Accel and joined by Slack Fund, and Atlassian executives. The company’s password management platform currently supports about 50,000 paying business customers — including 25 percent of the Fortune 100. The company did not specifically disclose an MSP or MSSP partner strategy as part of the funding.

2. Ping Financial Results: Ping Identity‘s revenue was $61.8 million in the third quarter of 2019, up 45 percent year over year. The company had a $595,000 net loss — far smaller than a $5.6 million net loss in the corresponding quarter last year. The figures generally beat Wall Street’s expectations.

3. Talent – Identity and Access Management (IAM): Identity Automation, provider of RapidIdentity, has promoted Michael Webb to CTO.

4. Talent: Kudelski Security, the cybersecurity division of the Kudelski Group, has named Deloitte veteran Derek Phillips as chief revenue officer, effective December 2, 2019.

5. Talent – Security Operations Center (SOC) Software: LogRhythm has named Cindy Zhou as chief marketing officer (CMO) and Michael Jones as vice president of product.

6. Symantec, McAfee Vulnerabilities: Symantec and McAfee have patched a near identical vulnerability in their respective endpoint protection software that would have made it easier for attackers with prior admin access to a system to create more damage, Dark Reading notes. The flaw in Symantec’s product is tracked as CVE-2019-12758 and in McAfee’s as CVE-2019-3648, the report adds.

7. Research – Cyber Threat Report: New Zealand has released this Cyber Threat Report covering 2018 and 2019.

B. MSSP Partner Programs and Strategic Alliances

1. Talent and Partner Program- MDR Services: Security On-Demand Inc. (SOD),  a provider of managed detection and response (MDR) services, has promoted Kim Scott to VP of sales. The company plans to launch a new partner channel program in 2020. It will be a one-tier, 100 percent channel model.

2. All Partner Programs: Search the comprehensive ChannelE2E Partner Program Database here. Also, submit your company information here and your partner program can be listed in the database.

C. Next Five Cybersecurity Conferences

  1. Qualys Security Conference (November 18-21, Las Vegas)
  2. Infosecurity and ISACA North America Expo and Conference (November 20-21, New York)
  3. PercyhCon 2020 MSP Security Conference (January 29-31, Tampa, Florida)
  4. RSA Conference 2020 (February 24-28, San Francisco)
  5. Women in CyberSecurity (WiCys) Conference 2020 (March 12-14, Aurora, Colorado)
  6. Bonus: The complete MSSP Alert calendar

Email me your news, rumors and tips for potential coverage here on MSSP Alert.

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