Managed Security Services Provider (MSSP) Market News: 13 May 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 MSSP, MDR, XDR and Cybersecurity Market News

1. Talent - MDR: Pondurance has hired Mike Sherwood as VP of sales. He previously held key roles at Secureworks, InteliSecure and Proofpoint.

2. Partnership - Microsoft MDR: Critical Start participated in a "design collaboration" with Microsoft as part of the recent Microsoft Security Experts services launch.

3. Mandiant and Google Cloud Security: It's safe to expect Mandiant to surface at the Google Cloud Security Summit on May 17. Google is set to acquire Mandiant for $5.4 billion in a bid to boost the Google Cloud Security business. Mandiant's business continues to perform well amid the pending M&A deal, though the Department of Justice is giving the deal a look...

4. Secure Content Management - Part One: Egnyte has enriched its partner program to include unique packages, faster response time for invoicing, and dedicated training for new solutions. The updates include:

Dedicated pricing and packages for partners.
A designated team of experts to help MSPs select security, governance, and industry solutions.
An expanded partner portal and enablement solutions.

5. Secure Content Management - Part Two: Egnyte has hired BugCrowd, SonicWall and Juniper Networks veteran Ravi Chopra as CFO. The move comes as Enyte pushes beyond $160 million in annual recurring revenue (ARR), CEO Vineet Jain indicated.

6. Cloud Distribution: Ingram Micro Cloud has expanded the availability of Bitdefender solutions from North America to partners in the United Kingdom, New Zealand and Australia.