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MSSP Market News: DFINITY Foundation, Beazley Security, USXCyber

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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. Cloud Security Advancement: DFINITY Foundation has launched UTOPIA ("Unstoppable Tamperproof Open Platform for Independent Autonomy"), a new computing platform technology that creates private serverless clouds powered with unique security and resilience properties. The technology will enable enterprises and governments to build systems and services that do not depend on highly fallible cybersecurity technologies, such as firewalls and anti-malware, for protection against cyberattacks, DFINITY said.

2. Security Company Launches: Beazley Security has entered the market as an integrated cyber risk management company, following the merger announced in February 2024 of specialist insurer Beazley's in-house cyber services team and its wholly owned cyber security company, Lodestone. Beazley Security launched with an expanded portfolio of services, including a new managed eXtended detection & response (MXDR) service. Other core offerings include a line-up of professional services to help clients prepare for and defend against cyber risks, as well as incident response, forensics and restoration services, the company said.

3. XDR for MSSPs: USX Cyber, a cybersecurity solutions provider, has unveiled GUARDIENT, an XDR cybersecurity platform designed specifically for MSPs serving small to medium-sized businesses. The GUARDIENT XDR platform transforms MSP operations by offering a single-pane-of-glass solution that provides scalable, adaptive and profitable security operations making it easy to onboard customers and deliver enterprise-class cybersecurity protection, the company said.

4. Industry Recognition: BlueVoyant, a cloud-native cyber defense platform provider, has won the 2024 Microsoft Worldwide Security Partner of the Year Award, recognizing its cyber defense and strategic relationship with Microsoft. The company has also been named the Microsoft United States Security Partner of the Year for the third consecutive time and the Microsoft Canada Security Partner of the Year for the first time.

5. Industry Recognition: Tanium, a converged endpoint management (XEM) specialist, has won the Microsoft Partner of the Year Award in the 2024 Independent Software Vendor (ISV) Innovation category. The award recognizes Tanium for its innovation using Microsoft Copilot AI and Cloud advanced services, and for introducing new techniques, approaches and applications that push the boundaries of what is currently possible, the company said. Tanium has also been named a finalist in the Microsoft Commercial Marketplace categories for Global and Americas regions. 

6. Industry Recognition: Darktrace, a cybersecurity artificial intelligence company, has won the UK 2024 Microsoft Partner of the Year Award. The company was honored among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology.

7. Cyber Shop Emerges from Stealth: GetReal Labs, a specialist on malicious manipulated content and deepfakes, has announced its emergence from stealth. From AI-generated profiles on social media, to voice scams targeting individuals in corporate accounting and IT teams, to a photoshopped image of a CEO in handcuffs, GetReal offers a suite of forensic solutions for multimedia content as well as real-time detection of malicious voice and video, the company said.

8. SMB Security Platform Launch: iON United, a cybersecurity solutions provider in Canada, has brought to market iON Guardian, a platform designed to empower small and medium-sized businesses (SMBs) with comprehensive and streamlined cybersecurity management. This launch marks iON’s expansion into the SMB market, the company said.

9. Cyberattack Reported: RMM software developer TeamViewer reported that a Russian state-sponsored hacking group known as Midnight Blizzard is believed to be behind a breach of their corporate network this week. TeamViewer is used by enterprises and consumers for remote monitoring and management (RMM) of devices on internal networks. As the scope of the cybersecurity incident was not known, experts began warning stakeholders to monitor for suspicious connections that could indicate threat actors attempting to use the TeamViewer breach to gain access to further networks. (Source: Bleeping Computer)

10. Hacker Alert: Russian hackers who broke into Microsoft's systems and spied on staff inboxes earlier this year also stole emails from its customers, the company said on Thursday, around six months after it first disclosed the intrusion. An allegedly Chinese hacking group that separately breached Microsoft last year stole thousands of U.S. government emails. (Source: Reuters)

11. Alleged Cybercriminal Indicted: A 22-year-old Russian national has been indicted in the U.S. for his alleged role in staging destructive cyberattacks against Ukraine and its allies. The suspect, Amin Timovich Stigal, is reportedly affiliated with the Main Directorate of the General Staff of the Armed Forces of the Russian Federation (GRU). The U.S. Department of State's Rewards for Justice program is offering a reward of up to $10 million for information pertaining to his whereabouts or the malicious cyberattacks he is associated with. (Source: The Hacker News)

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.