Managed Security Services Provider (MSSP) Market News: 11 July 2022 -

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 Technology, Channel Chief and MSP Partner Program News

1. Cybersecurity Fine: Rocket engine maker Aerojet Rocketdyne has agreed to pay $9 million to resolve allegations it misrepresented its compliance with cybersecurity requirements in federal government contracts, Reuters reported.

2. Windows Patch Management Software: Scalefusion -- a mobile device management solution from ProMobi Technologies -- has launched Patch Management for Windows devices.

3. M&A - Private Equity and Digital Forensics: Thoma Bravo, owner of ConnectWise and N-able, has completed its strategic investment in Grayshift, a provider of digital forensics solutions.

4. Zero Trust: Phalanx AI has launched MUZE (Monitoring Unstructured data with Zero trust Encryption), which "reduces the risk of data breaches, reduces the cost of incident response if a breach occurs, and provides data security through automatic, productivity-centric file-level encryption," the company said.