Managed Security Services

Managed Security Services Provider (MSSP) Market News: 6 October 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].

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

1. VAR Program Launches: Cybersixgill, a cyber threat intelligence data provider, has unveiled its VAR (value-added reseller) Partner Program, demonstrating its channel-first sales approach and commitment to helping drive new revenue opportunities for its reseller partners, the company said. the VAR Partner Program gives channel partners a team of dedicated experts, cyber threat intelligence solutions and ongoing training and workshops to help them accelerate business growth. Cybersixgill reseller partners will have exclusive access to the company’s partner portal and library of resources, including sales enablement tools, eBooks, on-demand webinars and training, product documentation, and more. 

2. Women in Cybersecurity Offers Scholarships: Women in CyberSecurity (WiCyS) has various scholarships available for students, educators and professionals to attend the 10th anniversary of its technical conference, April 11-13, 2024, in Nashville, Tennessee. Of the nearly 2,000 expected conference participants, roughly half will have earned a scholarship to attend (including lodging, registration and meals).

3. Leadership Appointment: Quorum Cyber has named Steven Marandola as vice president of Innovation to lead the company's solution directors, the technical solutions and innovation team, and the emerging innovation and development team. The company has also appointed Rebecca Court as its marketing director to fuel the next phase of growth worldwide. Quorum Cyber notes that it is currently one of the fastest-growing companies in the cybersecurity industry in the U.K.

4. MDR Security Partnership: Devo Technology, a cloud-native security analytics company, has deepened its partnership with CyberMaxx, a tech-enabled cybersecurity company, to deliver managed detection and response (MDR) services to enterprises. Through this partnership, CyberMaxx, an MSSP Alert Top 250 MSSP, fully integrates Devo Intelligent SIEM with its MaxxMDR solution, which provides defensive services that can be combined with proactive offensive capabilities to give customers comprehensive security coverage.

5. BlackBerry Reorganizing: Canadian technology company BlackBerry announced plans to separate its internet of things (IoT) and cybersecurity business units and target a subsidiary initial public offering for the IoT business next fiscal year. (Source: Reuters)

6. Spain Reports Cyberattacks: Spain's government said on October 6 that several public and private websites, including in the city of Granada where an EU summit is taking place, were targeted in a distributed denial-of-service (DDoS) attack that was claimed by pro-Russian hackers. In a statement, it said all services were back to normal after minor outages and it had reinforced surveillance and security measures. (Source: Reuters)

7. Security Partnership: Armis, the asset intelligence cybersecurity company, have announced two new integrations with CrowdStrike to help organizations strengthen their security posture across their Internet of Things (IoT) and operational technology (OT) environments. Armis customers can now use CrowdStrike Falcon Insight for IoT along with Armis Centrix.

8. Product Launch: SafeGuard Cyber has launched its integrated cloud communications security and compliance platform to investigate and remediate unmonitored communications in minutes. Powered by Contextual AI, the FirstSight platform alerts security teams to high frequency and costly attacks, such as credential theft, impersonation, phishing, malware, policy violations and insider threats across the expanding communication attack surface, the company said.

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.