Managed Security Services Provider (MSSP) News: 13 August 2021 -

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), Extended Detection and Response (XDR) 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, MDR, XDR and Cybersecurity News Alerts

1. Accenture Ransomware Lockbit Cyberattack: The latest details are here.

2. M&A - Penetration Testing: Chess ICT has acquired Armadillo.

3. Partnership - MDR and XDR: Here's how Red Canary and SentinelOne are working together.

4. CyberArk Quarterly Financial Results: The identity security company announced Q2 of 2021 financial results. Key business metrics include:

Total revenue of $ 117.2 million, up 10 percent from $106.5 million in Q2 of 2020.
GAP net loss of $22.8 million, which was larger than the $4.3 million net loss in Q2 of 2020.

The results generally beat Wall Street's expectations.

5. Compliance - Government Security: Palo Alto Networks' Prisma Access technology has achieved Federal Risk and Authorization Management Program (FedRAMP) Moderate Authorization.