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Managed Security Services Provider (MSSP) Market News: 22 May 2023

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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].

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

1. Leadership Move: Stellar Cyber, a specialist in open XDR technology, has named David Wagner as vice president of Global Service Provider Sales. Wagner brings decades of experience to the Stellar Cyber sales management team, enabling the company to further extend its leadership position serving the growing MSSP market globally.

2. Free Authentication Tool Offered: Microsoft now requires that partners use a new authentication process, moving from delegated admin privileges (DAP) to granular delegated admin privileges (GDAP). Partners who have not migrated will lose access to their customers’ tenants, resulting in support delays and breaks in managed services, according to SkyKick, which has launched a free tool that enables channel partners to quickly and easily automate the DAP-to-GDAP migration.

3. Leadership Appointment: The UK Cyber Security Council announced that Niel Harper, a cybersecurity executive and member of the ISACA Board of Directors, has secured a role in its Professional Standards Working Group. This appointment is an important recognition of Harper’s expertise and contributions to the field of cybersecurity.

4. Cyber Competition Winners Named: The Cybersecurity and Infrastructure Security Agency (CISA) and the U.S. Office of the National Cyber Director (ONCD) has named the winners of the fourth annual President’s Cup Cybersecurity Competition in a private ceremony at the White House on May 15.  The individual winners are Ben Marks, from the National Security Agency, in the defensive track; and U.S. Army Chief Warrant Officer 1 Andrew Fricke, from the 781st Military Intelligence Battalion, in the offensive track. For the third year in a row, the winning team came from the U.S. Army’s 780th Military Intelligence Brigade.

5. U.K. Sentences Cybercriminal: A U.K. national responsible for his role as the administrator of the now-defunct iSpoof online phone number spoofing service, has been sentenced to 13 years and 4 months in prison. Tejay Fletcher, 35, of Western Gateway, London, pleaded guilty in April to a number of cyber offenses, including facilitating fraud and possessing and transferring criminal property. iSpoof, which was available as a paid service, allowed fraudsters to mask their phone numbers and masquerade as representatives from banks, tax offices, and other official bodies to defraud victims. (Source: The Hacker News)

6. Product Launch: Zerify, a cybersecurity company focused on secure video conferencing and endpoint GAP security, announced that Rocket Business Solutions, a value-added reseller based in the greater New York area, will be expanding its cybersecurity offerings to include Zerify’s Meet and Zerify Defender solutions.

B. Annual In-Person MSSP and Cybersecurity Conferences

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.