Managed Security Services Provider (MSSP) Market News: 18 August 2023

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

  • The Content: Written for MSSPs and MSPs; threat hunters; security operations center as a service (SOCaaS); managed detection and response (MDR) and eXtended detection and response (XDR) providers; and those who partner 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 Managing Editor Jim Masters: [email protected].

Today’s MSSP, MSP, MDR, XDR and Cybersecurity Market News

1. Cybersecurity Competition Wraps Up: The International Cybersecurity Championship & Conference (IC3), led and hosted by Katzcy PlayCyber, recently brought together 37 of the world's foremost cybersecurity speakers, seven teams from over 40 nations, more than 50 volunteers, and hundreds of cybersecurity enthusiasts from around the globe in San Diego, California. eSports fans were treated to two days of epic cybersecurity competition viewed in person and via Twitch, inspiring the future of cybersecurity workforce initiatives. athletes, coaches and support crews from around the globe united for the first time in the USA to compete in the ICC.

2. Cybersecurity Education: CD2 Learning, a learning management system platform and course creation team, is partnering with CampusGuard, a full-service cybersecurity and compliance services firm. Building upon CampusGuard's comprehensive course library and content, CD2 provided instructional design to enhance the online training courses that CampusGuard delivers to its customers. CampusGuard's enhanced training library will now be available within the top-rated CD2 Learning platform.

3. Industry Recognition: A nonprofit member organization for cybersecurity professionals, formerly known as (ISC)², announced that it is now known as ISC2 to reflect its growing global membership and expanded role in strengthening the influence, diversity and vitality of cybersecurity professionals around the world. Coinciding with the rebrand, ISC2 has unveiled its newly revamped website, designed to embody inclusivity and cater to a diverse global audience. The reimagined website provides individuals the opportunity to easily access tailored resources to fuel their professional development journey. These milestones coincide with ISC2 announcing that its community has grown to more than 500,000, a significant achievement for the association, which was founded in 1989 as a certification body for the cybersecurity profession.  

4. Cybersecurity Partnership: Zero Networks, a network security solutions provider, and HighPoint, a technology infrastructure solutions provider, have announced a new partnership that enables HighPoint to offer Zero Networks' zero trust solutions for superior protection against advanced cyber threats. HighPoint will offer Zero Networks' unified security suite that combines microsegmentation with ZTNA, enabling businesses to bolster their security posture while embracing the principles of zero trust. 

5. South American Countries Join Cyber Conference: More than 30 judges, prosecutors and police officers from Uruguay, Peru and Argentina gathered in Montevideo, Uruguay from August 14 -18 to participate in a conference on cybercrime organized by the U.S. Department of Justice's International Computer Hacking and Intellectual Property (ICHIP) program and the U.S. Department of Homeland Security. The conference allowed participants to learn techniques for online investigation, collection of digital evidence from a simulated crime scene, and presentation of evidence in court.

6. African Hacker Gang Bust: An international law enforcement operation led by Interpol has resulted in the arrest of 14 suspected cybercriminals in an operation codenamed Africa Cyber Surge II, launched in April 2023. The four-month operation spanned 25 African countries and disrupted over 20,000 cybercrime networks engaged in extortion, phishing, BEC, and online scams, responsible for financial losses of over $40 million. (Source: Bleeping Computer)

7. Hacker Alert: Hackers claim to have breached the network of a major auction house and offered access to whoever was willing to pay $120,000. Security researchers found the advertisement on a hacker forum known for providing a market for initial access brokers (IABs) after analyzing a sample of 72 posts. Researchers at threat intelligence company Flare poured through three months of IAB offers on the Russian-language hacker forum Exploit to better understand who they target, their ask prices, and who are the most active.

Jim Masters

Jim Masters is Managing Editor of MSSP Alert, and holds a B.A. degree in Journalism from Northern Illinois University. His career has spanned governmental and investigative reporting for daily newspapers in the Northwest Indiana Region and 16 years in a global internal communications role for a Fortune 500 professional services company. Additionally, he is co-owner of the Lake County Corn Dogs minor league baseball franchise, located in Crown Point, Indiana. In his spare time, he enjoys writing and recording his own music, oil painting, biking, volleyball, golf and cheering on the Corn Dogs.