Cybersecurity daily news

MSSP Market News: Cynomi, Cloudflare, Cohesity, Camelot

Cyber incident alert

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. How to Scale Your MSP, MSSP: Cymoni has released a comprehensive guide designed for MSPs and MSSPs seeking to enhance their revenue streams. The guide includes a roadmap on using strategic cybersecurity solutions to achieve growth. It also focuses on maximizing efficiency and profitability without the necessity of investing in additional resources, making it an essential resource for businesses aiming to optimize their cybersecurity offerings and expand their market footprint, Cymomi said.

2. Threat Intelligence for Financial Institutions: Cloudflare, a connectivity cloud company, is partnering with the United States Department of Treasury and Pacific Northwest National Laboratory under the Department of Energy to improve the cyber resilience of the financial services industry. Cloudflare is sharing its advanced threat intelligence feed, enabling financial services institutions using the Cloudflare Gateway to have privileged access to custom threat indicator feeds to defend against ransomware, phishing and other threats.

3. Leadership Move: Cohesity, a specialist in AI-powered data security and management, has appointed Dr. Craig Martell as chief technology officer. Dr. Martell most recently served as the chief digital and artificial intelligence officer (CDAO) for the U.S. Department of Defense.

4. Threat Hunting Release: Camelot Secure has brought to market its Advanced Persistent Threat (APT) Hunting service. The APT Hunting service is a comprehensive cybersecurity approach that blends network monitoring and log analysis with strategic threat intelligence feeds and behavioral analysis to proactively identify and neutralize potential threats, the company said.

5. Cyber Deal Closes: Technology-focused private equity firm Haveli Investments has completed its acquisition of ZeroFox Holdings, Inc., an external cybersecurity provider. ZeroFox stockholders will receive $1.14 per share in cash. ZeroFox announced that its common stock and warrants have ceased trading, and the company has been delisted from Nasdaq.

6. Cyber Defense for CISOs: SAGE Cyber, a cybersecurity defense planning and optimization technology company, has emerged from stealth and will break off from parent, HolistiCyber Inc., to become an independent company. With a focused mission to revolutionize how organizations prepare and manage a dynamic cybersecurity strategy, SAGE Cyber brings to market a Cybersecurity Defense Planning and Optimization (CDPO) solution designed by CISOs for CISOs, the company said.

7. Threat Model Launch: MITRE, Niyo Little Thunder Pearson, Red Balloon Security and Narf Industries have brought to market the EMB3D Threat Model. The model provides a knowledge base of cyber threats to embedded devices, providing a common understanding of these threats with the security mechanisms required to mitigate them. EMB3D Threat Model is now publicly available at MITRE EMB3D.

8. Cyber Solutions Debut: Hinduja Global Solutions, a provider of solutions in digital experience, business process management and digital media services, has launched a comprehensive suite of cybersecurity solutions. The offerings are designed to provide enterprises with state-of-the-art protection against evolving cyber threats, the company said.

9. Black Basta Ransomware Advisory: The Cybersecurity & Infrastructure Security Agency (CISA), in partnership with the Federal Bureau of Investigation (FBI), the Department of Health and Human Services (HHS) and the Multi-State Information Sharing and Analysis Center, have released a joint Cybersecurity Advisory. The #StopRansomware: Black Basta advisory provides cybersecurity defenders tactics, techniques and procedures, and indicators of compromise used by known Black Basta ransomware affiliates and identified through FBI investigations and third-party reporting, CISA said. Black Basta is a ransomware-as-a-service variant whose affiliates have targeted more than 500 private industry and critical infrastructure entities, including healthcare organizations, in North America, Europe and Australia.

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.