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MSSP Market News: Fortinet, Lacework, KnowBe4, Trustwave

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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. Fortinet to Acquire Lacework: Fortinet, a cybersecurity company focused on the convergence of networking and security, announced that it has entered into a definitive agreement to acquire Lacework. Lacework delivers an AI-powered cloud security platform that integrates all critical CNAPP services. With patented AI and machine learning technology, an agent and agentless architecture for data collection, a homegrown data lake, and a powerful code security offering, Lacework is used by nearly 1,000 customers to deliver comprehensive security from code to cloud, the companies said. Financial terms of the transaction were not disclosed. 

2. Phishing Intel Launch: KnowBe4, a security awareness training and simulated phishing platform provider, has launched PhishER Plus Threat Intel. The new feature integrates website reputation data from Webroot directly into the PhishER Plus console. This integration enables faster, automated detection and response to web-based threats, the company said.

3. Microsoft Security Offering: Trustwave, a cybersecurity and managed security services provider, has expanded its portfolio of offerings designed to help organizations unlock the full potential of Microsoft Security under their Microsoft 365 enterprise plans. Leveraging its expertise and partnership with Microsoft, Trustwave’s new offerings include accelerator services, implementation services and managed extended detection and response (MXDR) for Microsoft, including Microsoft Defender XDR, Microsoft Sentinel, and Microsoft Copilot for Security, the company said.

4. MSP/MSSP Study Released: OpenText has released the findings of its annual OpenText Cybersecurity Global Managed Security Survey. The 2024 survey of more than 1,500 MSPs and MSSPs found that 92.5% see increasing AI-led security and threat intelligence services as the major drivers of business growth over the next 12 months. Comprehensive security and composable on-demand security expertise remain the primary reasons enterprise and SMB customers seek MSP/MSSP services, OponText reports.

5. Cyber Help for Hospitals: Microsoft has announced a new cybersecurity program to support hospitals serving more than 60 million people living in rural America. In 2023, the health care sector reported more ransomware attacks than any other critical infrastructure sector, and attacks involving ransomware against the healthcare sector were up nearly 130%, Microsoft said. The Microsoft Cybersecurity Program for Rural Hospitals in the United States is immediately available.

6. Threat Monitoring, Zero Trust Release: DataBee from Comcast Technology Solutions (CTS) has brought to market new capabilities in its DataBee Hive security, risk and compliance data fabric platform. DataBee EntityViews introduces automated detection chaining that improves threat hunting, security detection fidelity and insider risk monitoring. An enhanced set of ZTNA and SSE controls compliance dashboards accelerate zero trust compliance and provide greater performance insight to help reduce an organization's risk, the company said.

7. Hacker Alert: Microsoft is warning about the potential abuse of Azure Service Tags by malicious actors to forge requests from a trusted service and get around firewall rules, thereby allowing them to gain unauthorized access to cloud resources." This case does highlight an inherent risk in using service tags as a single mechanism for vetting incoming network traffic," the Microsoft Security Response Center said. (Source: The Hacker News.)

8. Hospital Cyberattack Reported: England's NHS Blood and Transplant (NHSBT) has issued an urgent call to O Positive and O Negative blood donors to book appointments and donate after last week’s cyberattack on pathology provider Synnovis impacted multiple hospitals in London. On June 4, operations at multiple large NHS hospitals in London were disrupted by the ransomware attack that the Russian cybercrime group Qilin (a.k.a. Agenda) launched on Synnovis. The incident impacted blood transfusions, with meny non-urgent procedures being canceled or redirected. (Source: Bleeping Computer)

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.