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Managed Security Services Provider (MSSP) News: 23 April 2018

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Each morning MSSP Alert broadcasts a quick lineup of news, analysis and chatter from across the global managed security services provider, SOC (security operations center) and IT outsourcing ecosystem.

Here’s the lineup for Monday, April 23, 2018.

6. Teen Hacker Sentence: A teenage hacker who rose to fame for hacking into the online accounts of former CIA director John Brennan, former director of intelligence James Clapper, and other high-profile US government employees, has been sentenced to two years of prison, according to Motherboard.

5. Financial Services Breach: SunTrust Banks says accounts for 1.5 million clients could be compromised following a potential case of data theft, according to the Associated Press.

4. UK Financial Services: Britain’s financial firms need to pull together to fight cyber crime, working with government and law enforcement to attack criminals’ infrastructure and put them out of business, a report by KPMG and industry body UK Finance said on Monday.

3. Employee Hacks:  Employees of companies around the world have been illegally diverting corporate computing infrastructure to secretly mine bitcoin and other cryptocurrencies, BTC Manager reports.

2. Cloud Security Forecast: The Global Cloud Security Market will reach USD $27.20 billion by 2025, growing at a CAGR of 25.86% from 2018, according to Key Market Insights. Sounds like a hot opportunity -- until you consider the market is flooded with startups and entrenched client-server companies shifting to cloud and subscription services...

1. Fraud & Breach Prevention Summit: It's set for this week in Dallas. If you have news to share from the gathering please email me ([email protected]).

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.