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Managed Security Services Provider (MSSP) Market News: 18 November 2022

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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 Managing Editor [email protected].

A. Today’s MSSP, MDR, XDR and Cybersecurity Market News

1. M&A - Application Security and Supply Chain Security: Palo Alto Networks has acquired startup Cider Security.

2. Leading MSSPs in Asia: Here's a list of top MSSPs in Asia, according to IDC.

3. Mid-Market MDR Service: Ankura Consulting has launched Ankura InterXeptor, an MDR solution for middle-market organizations. The service offers continuous threat detection and real-time response to prevent, detect, and respond to cyber threats, Ankura said.

4. Talent - Managed Detection and Response (MDR): SilverSky has hired Telarus and Converged Network Services Group (CNSG) veteran Reagan Roberts as channel chief.

5. Talent - Cloud-Native Application Protection: Lacework has hired Andrew Case as CFO.

6. Talent - AI and Risk Management: Dataminr has hired Datto veteran John Abbot as chief financial officer. Abbot exited Datto when Kaseya acquired the MSP technology company in mid-2022.

7. Security Orchestration Automation and Response (SOAR): Revelstoke has announced several new SOAR product upgrades to include sub-workflow, case management, and indicators of compromise (IOC) automation, the company said.

8. SAP Patch Management: SecurityBridge has introduced new Patch Management capabilities for its SAP Security Platform.

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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.