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Managed Security Services Provider (MSSP) News: 30 November 2020

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 Joe@AfterNines.com.

A. Today’s MSSP News Alerts

1. Ransomware Recovery Costs – IT Services: French IT services firm Sopra Steria, which suffered a Ryuk ransomware attack in October 2020, now estimates that recovering from the attack could cost up to 50 million euros ($59 million), Bank Info Security reports.

2. Ransomware Attack Cripples Baltimore Schools: A ransomware attack against Baltimore County Public Schools has triggered a multi-day malware recovery effort, and schools will be closed on November 30 and December 1.

3. Ransomware Attacks IoT Chip Maker: The Conti ransomware gang hit the systems of industrial automation and Industrial IoT (IIoT) chip maker Advantech and is now demanding a $14 million ransom to decrypt affected systems and to stop leaking stolen company data, Bleeping Computer reports.

4. Ransomware Payment: Delaware County, Pennsylvania has paid a $500,000 ransom after their systems were hit recently by the DoppelPaymer ransomware, Bleeping Computer reports.

5. Hackers Target Vaccine Makers: Suspected North Korean hackers have tried to break into the systems of British drugmaker AstraZeneca in recent weeks, Reuters reports.

6. Sophos Data Leak: Due to a misconfiguration, Sophos accidentally leaked some customer data earlier this month, ZDnet reports.

7. Distribution – Cyber Defense Training: Ingram Micro has agreed to distribute Cloud Range to partners in Canada.

8. Research – Threat Hunting Trends for 2020 and 2021: Group-IB has unveiled its annual Hi-Tech Crime Trends 2020/2021 report.

B. MSSP and Cybersecurity Virtual Events and Conference Calendar

  1. Siemplify SOCstock (December 3, Virtual Conference)
  2. Black Hat Europe 2020 (December 7-10, Virtual Conference)
  3. Secureworks Connect 2021 (February 9-10, Virtual Conference)
  4. RSA Conference 2021 (May 17-21, Virtual Conference)
  5. Black Hat USA 2021 (July 31-August 5, Las Vegas)
  6. BonusMSSP Alert’s complete event calendar
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