Cybersecurity daily news

MSSP Market News: Bitdefender, Pax 8, Semperis, Cato Networks

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Each business day MSSP Alert delivers a quick lineup of news, analysis, and chatter from across the MSSP, MSP and cybersecurity world.

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Send news, tips and rumors to Managing Editor Jim Masters: [email protected].

Today’s MSSP Alert Market News:

1. Security Partnership, New Research Announced: Bitdefender has expanded its partnership with Pax8, delivering a broader range of threat prevention, detection and response solutions to MSPs and their business customers, the companies said. Bitdefender will offer its Bitdefender GravityZone Cloud MSP Security Solutions along with the flexibility to add security offerings to service bundles on an a la carte basis. Bitdefender has also released its 2024 Cybersecurity Assessment Report, whose respondents were asked how much of a threat GenAI technology is to the overall cybersecurity landscape. A "remarkable" 96% of all respondents agreed it’s a threat with 36% stating its use for manipulating or the creation of deceptive content (deepfakes) is a significant threat. 

2. Funding Round: Semperis, an identity protection specialist, has secured $125 million in growth financing from J. P. Morgan and Hercules Capital. Following a $200 million Series C round in 2022 led by KKR, the new $125 million growth financing enables Semperis to further invest in product innovation and support a rapidly expanding global customer base, the company said.

3. SASE Advancement: Cato Networks, an SASE specialist, has brought to market the Cato MSASE Partner Platform, "a new way" for channel partners to rapidly deliver and profit from managed SASE services. With Cato MSASE, partners gain vendor-level insight, control, and knowledge, enabling them to deliver highly differentiated managed SASE services efficiently, the company said.

4. Threat Intel Companies Team Up: Cybersixgill, a cyber threat intelligence data provider, has formed a strategic partnership with ThreatQuotient, a threat intelligence platform provider, to improve defenses for ThreatQuotient customers with access to Cybersixgill's threat intelligence and actionable insights. ThreatQuotient users can access Cybersixgill's Dynamic Vulnerability Exploit (DVE) Intelligence, Alerts page and Darkfeed to collect and assess comprehensive threat and vulnerability intelligence, the companies said.

5. Cyber Risk Partnership: AttackIQ, a vendor of breach and attack simulation solutions, is partnering with Trium Cyber. The partnership will provide AttackIQ Flex to Trium Cyber policyholders as part of a pre-incident suite of solutions to increase insured cybersecurity maturity and reduce insured risk. Trium Cyber will provide insureds with free Flex credits, allowing these organizations to test as little or as much as needed across different elements of their business, the companies said.

6. Security Alert Mobile App Launched: ZeroFox, an external cybersecurity company, has released its physical security intelligence (PSI) mobile application, ZeroFox PSI Mobile. The app delivers always-on global physical threat awareness for on-the-go corporate security practitioners, enabling rapid response to physical security incidents that could impact the safety of key personnel or disrupt critical business operations, the company said.

7. MSP Research Released: The demand for compliance and security services has never been higher, and according to recently published data from Apptega, three out of four managed service and security providers view compliance as a “high growth business.” However, Apptega found that many MSPs face a significant challenge in not only identifying their customers' compliance gaps but also proving the tangible value of additional security offerings. By expanding beyond mere compliance mapping, MSPs can start to identify broader security gaps within their clients' infrastructure, Apptega said in its "State of Continuous Compliance Report."

8. Cyberattack Hits Car Dealerships: Car dealership software-as-a-service provider CDK Global has been hit by a massive cyberattack, which caused the company to take its two data centers offline and left clients unable to operate their business normally. CDK Global provides clients in the auto industry a SaaS platform that handles all aspects of a car dealership's operation, including CRM, financing, payroll, support and service, inventory, and back office operations. (Source: Bleeping Computer)

9. U.S. Considers Kaspersky Ban: The Biden administration is planning to bar the sale of Kaspersky Lab's antivirus software in the United States. Kaspersky's U.S. customers include critical infrastructure providers and state and local governments. Its close ties to the Russian government could allow the software's privileged access to steal sensitive information from American computers, install malware or withhold critical updates. (Source: Reuters)

10. Incident Response Service Offered: Cyera, a data security specialist, has brought to market its Cyera Incident Response Service. This retainer-based service is staffed by a team of experienced incident responders who leverage Cyera's data security solution to bring the critical data insights and context needed to respond to incidents with speed and focus, 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.