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MSSP Market News: IONIX, Sublime Security, Liongard, Dropzone

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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 Launch: IONIX has launched Attack Surface Cloud Cross-View, an enhancement to its Attack Surface Management (ASM) platform that enables organizations to view their complete attack surface risk. IONIX Cloud-Cross View (CCV) connects IONIX ASM to the internal cloud asset view, mapping all application-level dependencies and ensuring that asset importance and exploitability can be assessed across cloud and on-premises infrastructures. This approach bridges critical cloud security gaps across all internet-facing assets and digital supply chains in organizations’ AWS, Azure and GCP environments, as well as cloud security providers such as Akamai, Cloudflare and Imperva, the company said.

2. Funding Round: Sublime Security, an AI-powered email security platform provider, has raised $20 million in Series A funding, led by Index Ventures with participation from previous investors Decibel Partners and Slow Ventures. The added funding will be used to further invest in the platform and improve the customer experience, the company said.

3. AI Security for MSPs, MSSPs: Liongard, a specialist in attack surface management for MSPs, MSSPs and IT teams, has introduced Leo, its new AI-powered support companion. Leo now delivers instant answers to commonly asked questions across all Liongard digital platforms, including share.liongard.com, a user-driven repository of essential metrics, Liongard's comprehensive documentation site, and liongard.com.

4. Funding Round: Dropzone AI, developer of AI security analysts for security operations teams, has raised $16.85 million in Series A funding. Theory Ventures led the round. Dropzone AI is "the first AI SOC analyst to replicate the techniques of elite human analysts," the company said. It autonomously investigates alerts, including cloud, network, identity, endpoint and phishing alerts 24/7, giving cybersecurity teams the ability to do vastly more work with the same team.

5. App Scam Research: Kaspersky has released a new survey report, Digital Uncertainty: Scams, Privacy and Artificial Intelligence, revealing that users are frequently encountering scams on social media, dating apps, gaming platforms, banking and sports betting sites. Among the top findings were that 42% of users have encountered scams on online dating apps, 38% have encountered scams on Facebook and even 18% of users of online sports betting sites. Overall, 29% of users have actually fallen victim to some type of scam on one of these online platforms, Kaspersky reports.

6. AI Control Center Debuts: WhyLabs, an AI observability and security company, has launched the AI Control Center. The new platform, which offers teams real-time control over their AI applications, was developed by WhyLabs in response to rising security and reliability threats posed by generative AI, which have rendered traditional observability tools insufficient for operating AI responsibly, the company said.

7. Cyber Risk Report: Barracuda Networks, a provider of cloud-first security solutions, has published its CIO report: Leading your business through cyber risk, which explores the top governance challenges facing companies trying to manage cyber risk and boost their cyber resilience. The Barracuda report explores why just 43% of organizations surveyed have confidence in their ability to address cyber risk, vulnerabilities and attacks, and found that one in 10 businesses do not have an incident response plan.

8. Funding Round: BforeAI, a specialist in predictive security, has secured $15 million in Series A funding led by SYN Ventures, with renewed participation from early investors Karma Ventures, Karista, Addendum Capital and a new investment from the Partnership Fund for New York City.

9. Funding Round: Nagomi Security, a proactive security and threat exposure management company, has emerged from stealth with $30 million in funding to "fundamentally redefine how security teams optimize effectiveness and drive efficiency from their existing security tools," the company said. Nagomi operated in stealth mode with seed funding from Team8, and the recent round was led by TCV, with participation from CrowdStrike Falcon Fund and Okta Ventures.

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.