Managed Security Services

MSSP Market News: Varonis, SentinelOne, Wiz, Security Compass

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. Managed MDR Offering: Varonis Systems, a specialist in data security, has debuted Varonis Managed Data Detection and Response (MDDR), a managed service designed for stopping threats at the data level. Unlike traditional MDR services that are endpoint- and network-centric, MDDR focuses on threats to data. The offering combines Varonis’ threat detection technology and automation with a global team of threat hunters, forensics analysts and incident responders who investigate and respond to threats 24x7, the company said.

2. Acquisition Completed: SentinelOne, a specialist in AI-powered security, announced that it has completed its acquisition of PingSafe, a cloud-native application protection platform (CNAPP) provider. When integrated into the Singularity Platform, PingSafe’s capabilities will give SentinelOne a leading cloud security solution across agentless CNAPP and agent-based threat protection for workloads and cloud storage, the companies said. Check out MSSP Alert's recent coverage of this deal.

3. Leadership Move: Cybersecurity provider Wiz has hired Dali Rajic, former chief operating officer and president at Zscaler, as the four-year-old startup targets growth and eyes an eventual public listing. Rajic joined Wiz as its first-ever president and chief operating officer after more than four years at Zscaler. Founded in Israel and now headquartered in New York, Wiz provides cloud-based cybersecurity solutions with real-time threat detection and responses powered by artificial intelligence. (Source: Reuters)

4. Security Deal Inked: Security Compass, a "security by design company," has announced the acquisition of application security training software provider Kontra from ThriveDX. Kontra, known for hands-on training labs, complements Security Compass's existing offerings, including application security training.

5. Industry Recognition: Stellar Cyber, an Open XDR specialist, has been named to Futuriom’s 50 most promising companies for the third year in a row. Futuriom, whose focus is next-generation cloud technologies, has identified Stellar Cyber’s Open XDR platform as one of 50 companies that show the most potential for growth over the next decade.

6. Security Partnership: Ampere Industrial Security and Egede have announced a strategic alliance that they say "is poised to transform the landscape of industrial and critical infrastructure cybersecurity." The partnership will create "a powerhouse of service offerings to better protect vital industrial operations against a growing array of cyber threats," the companies said.

7. Product Launch: OPSWAT, a specialist in critical infrastructure protection cybersecurity solutions, has unveiled new advancements to its MetaDefender Kiosk product line. One addition to the MetaDefender Kiosk product line is the integration with OPSWAT's Sandbox technology, a peripheral media scanning solution that enables adaptive threat analysis technology for zero-day malware detection, including air-gapped areas without the installation of software on critical assets, the company said.

8. Cyberattack Repelled: Hackers operating in China attempted to break into websites and email systems of the Philippine's president and government agencies but failed. The mailboxes of the Department of Information and Communications Technology (DICT), the website of National Coast Watch and the personal website of Philippine President Ferdinand Marcos Jr. were among the targets of the unsuccessful hacking operations in January. (Source: Reuters)

9. New U.S. Cyber Command Leader Comes Aboard: Leaders from the Defense Department and intelligence community gathered at Fort Meade, Maryland on February 2 for the change of command ceremony of U.S. Cyber Command, as Army Gen. Paul M. Nakasone passed the flag to Air Force Gen. Timothy D. Haugh. Haugh also became the director of the National Security Agency and the chief of the Central Security Service. (Source: U.S. Department of Defense)

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.