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Managed Security Services Provider (MSSP) News: 07 January 2020

Each business day, MSSP Alert broadcasts a quick lineup of news, analysis and chatter from across that 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. M&A - MSSPs: Accenture is acquiring Symantec’s MSSP Cyber Security Services Business from Broadcom. Accenture essentially gains six security operations centers (SOCs) and global threat monitoring services. Both Accenture and Symantec MSSP were Top 200 MSSPs ahead of the deal.

2. M&A - IoT Security: Private equity giant Insight Partners has acquired Armis, a fast-growing provider of IoT security solutions. Multiple MSPs and MSSPs work closely with Armis. Examples include Fishtech GroupCriticalStartOptiv, and Presidio.

3. M&A - Home Security: ADT has acquired its largest independent home security dealer, Defenders, for $381 million. Although ADT is best-known for its home security services, the company also has a growing managed security services practice and now ranks among the world's Top 200 MSSPs.

4. Updated Iran Cyberattack Warning: A new warning about Iran's cyberattack capabilities surfaced from the U.S. Department of Homeland Security on January 6. The warning, from the Cybersecurity Infrastructure Security Agency (CISA), included nine cybersecurity-related questions MSSPs and MSPs should ask of themselves and their customers.

5. Talent - Network Security: WatchGuard has hired F5 Networks veteran Andy Reinland as CFO. Reinland’s responsibilities included FP&A, worldwide accounting, investor relations, trade compliance and M&A. Reinland succeeds Rich Barber, who has served as WatchGuard’s CFO for nearly 10 years. Barber is exiting the business for "new endeavors," the company said.

6. Talent - Threat Detection & Mitigation: Imperva has hired Infor veteran Pam Murphy as CEO, succeeding interim CEO Charles Goodman.

7. Facebook Deepfake Policy: Facebook has shed more light on its efforts to eradicate doctored videos known as deepfakes, addressing an issue it’s identified as an emergent threat ahead of the U.S. election, Bloomberg reports.

B. MSSP Partnerships and Strategic Alliances

1. Contract Win: SilverSun Technologies and CyberHat, an Israeli Security Operations Center (SOC) provider, together have won three-year, $1 million deal to deliver cybersecurity services to a financial services company. The customer's name was not revealed.

2. SMB Security - Canada: Darn IT Group of Toronto has agreed to offer GlobeX Data's hosted security and Internet privacy solutions to small business customers across Canada.

3. Connected Vehicle Security: BlackBerry and Amazon Web Services (AWS) are demonstrating a connected vehicle software platform at the Consumer Electronics (CES) Show in Las Vegas. According to a statement from the companies, the solution combines the "safety and security of BlackBerry's QNX real-time operating system with AWS' Internet of Things (IoT) Services in the cloud and in the car.

4. Identity and Access Management (IAM): Systems integrator iC Consult Group is Auth0's first partner covering the German market. In fact, iC Consult works with half of major German companies on the DAX stock index, and the systems integrator also has 12 offices across the United Kingdom, Europe, America and Asia.

5. All Partner Programs: Search the comprehensive ChannelE2E Partner Program Database here. Also, submit your company information here and your partner program can be listed in the database.

C. Next Five Cybersecurity Conferences

  1. CPX 360: Check Point 2020 Conference (January 27-29, New Orleans)
  2. PerchyCon 2020 MSP Security Conference (January 29-31, Tampa, Florida)
  3. RSA Conference 2020 (February 24-28, San Francisco)
  4. Women in CyberSecurity (WiCys) Conference 2020 (March 12-14, Aurora, Colorado)
  5. OKTA Oktane 2020 Cybersecurity Conference (March 30-April 2, San Francisco, California)
  6. Bonus: The complete MSSP Alert calendar

Email me your news, rumors and tips for potential coverage here on MSSP Alert.

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.