Cybersecurity daily news

MSSP Market News: Smarttech247, SentinelOne, Cisco, Dymium

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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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Today’s MSSP Alert Market News:

Call Out to All MSSPs and MSPs Providing Election Security During 2024: Election security is paramount to free and fair elections, and MSSP Alert endeavors to cover this important subject. So, if you are an MSSP, MSP or cybersecurity provider involved with election security at a client level or offer a specific service — or know of a company providing such services — we would like to hear from you. We hope to interview your experts about the importance of election security and delve into your tools, services and people who are helping protect elections from cyberattacks and the electorate from misinformation, be it at a local, county, state or federal level, no matter the country. We understand that there may be certain sensitive information involved, so know that we will respect those matters. Please contact MSSP Alert Managing Editor Jim Masters. Thank you for helping us cover this important subject for our readership!

1. MDR Partnership: Smarttech247, a global cybersecurity solutions provider, has formed a strategic collaboration with SentinelOne aimed at delivering managed detection and response (MDR) services to small and medium-sized businesses (SMBs). As part of the collaboration, Smarttech247 will integrate its VisionX platform with the SentinelOne Singularity Platform to provide mid-market customers in Europe and the U.S. with advanced threat detection, analysis and response capabilities.

2. Data and Cloud Security Release: Cisco has unveiled what it describes as a radically new approach to securing data centers and clouds in response to the increasing demands AI has put on IT infrastructure. Cisco Hypershield protects applications, devices and data across public and private data centers, clouds and physical locations. Designed and built with AI in mind, Hypershield enables organizations to achieve security outcomes beyond what has been possible with humans alone, the company said.

3. Ransomware Solution Debuts: Dymium has launched a ransomware solution using "data ghosts" to ensure users and devices connect securely without ever directly accessing the data stores. The solution makes it impossible for ransomware to locate and encrypt critical data. Even if ransomware penetrates existing defenses, it's unable to encrypt which effectively neutralizes the threat, Dymium said.

4. Cyber Insurance Partnership: Mulberri, an AI-driven insurance platform, is partnering with Acronis to embed Mulberri’s cyber insurance to Acronis' SMB customers based in the U.S. Acronis customers can opt-in for Mulberri’s embedded cyber insurance directly through the Acronis platform. Acronis natively integrates cybersecurity, data protection, and endpoint management for MSPs and SMBs.

5. Cyber Insurance Integration: Coalition, an active insurance provider, has unveiled new integrations between Coalition Control, its cyber risk management platform, and cloud services providers, including Microsoft 365, Google Workspace and Amazon Web Services. Coalition policyholders and Control customers can now connect Coalition Control with cloud services to help them actively manage and improve their cybersecurity postures, the company said.

6. Cyberattack on New York Capitol: An apparent cyberattack struck the New York State Legislature’s computer infrastructure on April 16, slowing progress on state budget negotiations, forcing the state to move to a 20th-century backup system. The legislature’s bill drafting office, responsible for finalizing the text of the state budget, was reportedly the worst hit. (Source: The Hill)

7. Texas Water Facility Attacked: A hacking group with ties to the Russian government is suspected of carrying out a cyberattack in January that caused a tank at a Texas water facility to overflow, experts from Mandiant said this week. The hack in the north Texas town of Muleshoe coincided with at least two other towns in north Texas taking precautionary defensive measures after detecting suspicious cyber activity on their networks. (Source: CNN)

8. Hotel Hack Reported: The Daixin Team ransomware gang has claimed a recent cyberattack on Omni Hotels & Resorts and is now threatening to publish customers' sensitive information if a ransom is not paid. The hotel chain was added to Daixin Team's dark web leak site following a massive outage that brought down the company's IT systems and impacted reservation, hotel room door lock and point-of-sale (POS) systems. (Source: Bleeping Computer)

9. Leadership Move: Ostendio, a provider of integrated security, compliance and risk management solutions, has appointed Ken Varrone as CEO. Varrone brings 15 years of channel and integrated security and risk management experience to Ostendio. Varrone's leadership will bolster Ostendio's mission to elevate security programs for MSPs and MSSPs to help them mitigate cybersecurity and associated financial risk, increase operational efficiency and drive revenue growth, 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.