Managed Security Services Provider (MSSP): 03 August 2020 -

Each business day, MSSP Alert broadcasts a 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) and MSP security providers — and those who need to partner up 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 [email protected].

A. Today’s MSSP Alerts

1. Investment - Smart Home Managed Security Services: Google is investing in ADT, and the duo is partnering to develop smart home security technology and services, the search giant and Top 200 MSSP say.

2. Ransomware Payment - Texas School District: Athens ISD will pay $50,000 to return school district data after a criminal ransomware attack against its servers. Because of the attack, the first day of school will have to be delayed by a week, Government Technology reports.

3. Ransomware Payment - Travel Firm: U.S. travel management firm CWT paid $4.5 million to hackers who stole reams of sensitive corporate files and said they had knocked 30,000 computers offline, according to a record of the ransom negotiations, Reuters reports.

4. Cyberattack or DNS Problem?: Telstra customers across Australia suffered Internet outages on August 2. The big Internet service provider initially claimed the issue involved a cyberattack. Then Telstra said the issue involved a distributed denial of service (DDoS) attack. Then Telstra said the issue involved a DNS problem and not a cyber attack, Gizmodo reports...

5. Virtual Security Summit: Ingram Micro's Security Solutions Summit 2020 is confirmed for August 12-13.