MSSP Market Update: Securiti, Databricks Team Up for AI AppSec

Zayo’s latest State of DDoS Attacks Report was released this week and revealed that recent advances in AI are making it easier and faster for even entry-level, unsophisticated cybercriminals to conduct a DDoS attack. So, that's scary.

Some highlights from the report: DDoS attack frequency grew by 82% in 2024 (from 90,000 attacks to nearly 165,000). And while the average attack duration was shorter in 2024 (97% of attacks lasted fewer than 30 minutes), this actually indicated that such attacks were conducted more intentionally.

And it's not just about inconvenience and downtime, according to the report. A DDoS attack costs $6,000 per minute, and with an average attack lasting 39 minutes, businesses lose nearly $234,000 per incident.

So, we have a reduced barrier to entry and a hefty price tag, but it gets worse. In the cybercriminal economic ecosystem, “DDoS-as-a-Service" providers are becoming increasingly prevalent -- Zayo predicts that the availability of DDoS-as-a-Service and other cybercrime tools is expected to increase, resulting in a greater number of attackers and a wider variety of attack methods. Stay safe out there!

The full report and press release are linked here.

Now, here's today's MSSP update. Drop me a line at [email protected] if you have news to share or want to say hi!

Today's MSSP Update

1. BeyondID names new CMO: Managed identity solutions provider BeyondID has named Margaret Irons as its new chief marketing officer (CMO). Irons has more than two decades of experience with growth strategy for technology companies, and will lead BeyondID’s global marketing initiatives to expand brand awareness, accelerate revenue growth, and reinforce the company’s innovation in identity and access management (IAM). Congratulations!

2. Fortinet updates AI SecOps platform: Fortinet this week announced significant enhancements to its FortiAnalyzer platform. The latest updates mark FortiAnalyzer's evolution into a turnkey AI-driven SecOps platform, the company said, and eliminates the need for security teams to use additional SecOps tools. Users can enhance threat detection, automate incident response, and streamline critical security operations functions all from a single platform.

3. Securiti, Databricks partner for AI app dev, security: Data security, privacy, governance and compliance firm Securiti announced a major partnership and integration with Databricks to integrate Databricks' Mosaic AI and Delta Tables into Securiti's Gencore AI. The integrated solution will allow organizations to use their proprietary data to build personalized AI apps, the companies said.

4. Sectigo launches Certificate-as-a-Service (CaaS) for partners: Digital certificate lifecycle management firm Sectigo this week launched a CaaS (Certificates-as-a-Service) offering designed specifically for SSL/PKI resellers, domain registrars, web hosts, and managed service providers (MSPs). Certificate management is getting more complex and cert lifespans are getting shorter -- the launch aims to help partners streamline their certificate operations, the company said. This subscription-based service offers pay-per-domain pricing and eliminates traditional per-certificate costs and allows partners to manage all their customers' domain subscriptions from a single API endpoint with multi-tenant management.

5. NordLayer preps new enterprise browser: NordLayer is preparing to launch a new-generation enterprise browser, the company announced this week. The upcoming NordLayer Enterprise Browser will feature a wide range of security capabilities to protect modern businesses against web-based threats and includes policy enforcement, data loss protection, SaaS app security, and protection for BYOD, among others. You can join a waitlist now.