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Managed Security Services Provider (MSSP) News: 28 October 2021

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

  • The Content: Written for MSSPs, SOC as a Service (SOCaaS), Managed Detection and Response (MDR), Extended Detection and Response (XDR) 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 [email protected].

A. Today’s MSSP, MDR, XDR and Cybersecurity News Alerts

1. M&A Rumor: It looks like email security software provider Mimecast is up for sale...

2. M&A - Container Security: SUSE has acquired container security software company NeuVector for $130 million. Several large MSSPs and IT security consulting companies are NueVector partners, including Accenture, NTT Data, Protech and Sogeti (part of Capgemini).

3. AWS Security Monitoring: NTT has launched the Cyber Threat Sensor AI (CTS-AI) to "ensure scalable security for client applications and workloads hosted on Amazon Web Services (AWS)."

4. Partnership - SD-WANs: Verizon Business has expanded its global SD-WAN offering with the addition of Verizon Software Defined Secure Branch with Fortinet Secure SD WAN. The solution is "designed to provide businesses, including enterprise and business market customers, with a converged networking and security solution in-a-box' to secure and connect hybrid and remote workforces," Verizon asserted.

5. Localized Cloud-Based Security: Qualys has launched two new multi-tenant cloud platforms catering to Australia / New Zealand, and the United Kingdom.

6. Connected Device Security: Ordr has expanded its platform to include a Ransom-Aware Rapid Assessment service. The service helps security teams accelerate their response to ransomware and other advanced attacks, Ordr said.

7. CheckPoint Financial Results: Security company Check Point Software Technologies announced Q3 results. Key metrics include:

  • Revenue of $534 million, up 5 percent compared to Q3 of 2020.
  • Net income $187 million, down from $200.7 million in Q3 of 2020.

8. Ransomware Attacks:

  • Papua New Guinea’s finance department has been hit with a ransomware attack, locking access to hundreds of millions of dollars in foreign aid money, Bloomberg reported.
  • The National Rifle Association (NRA) has been hit by a ransomware attack, becoming the latest victim of a massive spike in these attacks this year, according to The Hill and associated reports.

B. MSSP, MDR and Cybersecurity Virtual Events and Conference Calendar

  1. Saviynt Converge 21 Identity and Security Conference (November 3-5, Huntington Beach, California)
  2. AT&T Security Conference (November 3, Virtual)
  3. Black Hat Europe 2021 (November 8-11, London)
  4. InfoSec World (November 9-10, Virtual)
  5. Qualys Security Conference (QSC) 2021 (November 15-18, Las Vegas and Virtual)
  6. BonusMSSP Alert’s complete event calendar
Joe Panettieri

Joe Panettieri is co-founder & editorial director of MSSP Alert and ChannelE2E, the two leading news & analysis sites for managed service providers in the cybersecurity market.