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Managed Security Services Provider (MSSP) Market News: 16 May 2022

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Each business day, MSSP Alert delivers this quick lineup of news, analysis and chatter from across the managed security services provider ecosystem.

  • The Content: Written for MSSPs, SOC as a Service (SOCaaS), Managed Detection and Response (MDR), eXtended Detection and Response (XDR), threat hunters and MSP security providers — and those who need to partner with such companies.
  • Frequency and Format: Every business morning. Typically one or two sentences for each item below.
  • Reaching Our Inbox: Send news, tips and rumors to Editorial Director [email protected]. Thank you in advance for news tips.

A. Today’s MSSP, MDR, XDR and Cybersecurity Market News

1. Open XDR Adoption: Zyston, an MSSP in Dallas, has adopted Stellar Cyber Open XDR for "its collection of native tools as well as its ability to integrate with popular third-party tools," the companies said.

2. M&A Rumor - Government Cyber Services: Private equity firm Carlyle Group may acquire U.S. government IT consulting and cybersecurity firm ManTech International at a valuation of roughly $4 billion, a report suggests.

3. Managed Security Sales Tool: Hudson Rock, an Israeli cybercrime intelligence startup, has launched Bayonet, a sales prospecting tool designed specifically for sales professionals and MSSPs selling cybersecurity products and services.

4. Channel Chiefs - Extended Security Posture Management: Cymulate has hired Federica Melis as SVP of global channels and partner alliances and Rudy Piekarski as VP of sales in North America.

5. Funding - Cloud-Native Security Operations: DevOcean has raised $6 million and emerged from stealth mode.

6. U.S. Encryption - No NSA Backdoors: The U.S. is readying new encryption standards, and standards won't have any back doors for the National Security Agency's use, according to reports.

7. Gootloader Malware: Gootloader is malware that can deliver additional payloads, siphon data from victims, and stealthily persist in a compromised environment, according to Red Canary analysis.

8. Talent - Data Security: PKWARE has promoted Sarah Fellner to vice president of global marketing.

B. MSSP, MDR and Cybersecurity Virtual Events and Conference Calendar

  1. ForgeRock IDLive 2022 (May 23-25, Austin, Texas)
  2. ItaliaSec 2022 (May 24-25, Milan, Italy)
  3. ConnectWise IT Nation Secure 2022 (June 6-8, Orlando, Florida)
  4. RSA Conference 2022 (June 6-9, San Francisco, California)
  5. Gartner Security and Risk Management Summit 2022 (June 7-9, Maryland)
  6. Identiverse 2022 (June 21-24, Denver, Colorado)
  7. BonusMSSP Alert’s complete event calendar
Joe Panettieri

Joe Panettieri is co-founder & editorial director of MSSP Alert and ChannelE2E, the two leading news & analysis sites for managed service providers in the cybersecurity market.