Managed Security Services Provider (MSSP) Market News: 28 April 2022

Fully 46 percent of organizations that had data encrypted in a ransomware attack paid the ransom, and the average ransomware payment increased nearly fivefold to $812,360 million, the Sophos research found. federal agency computer networks encrypt data sitting on those systems, and only 65% of systems encrypt the connections used to move that data,  according […]

Managed Security Services Provider (MSSP) Market News: 26 April 2022

The new developments reinforce a hybrid world, where MSPs can mix-and-match pure cloud solutions and specialized on-premises hardware to protect customer data. MDR and XDR: Kudelski Security, the cybersecurity division within the Kudelski Group, has launched an MDR ONE solution. Venture Capital Funding – Bug Bounty Program: Intigriti, a bug bounty and vulnerability disclosure platform, has […]

Managed Security Services Provider (MSSP) Market News: 25 April 2022

Private Equity and MSSPs: KKR, which frequently acquires MSPs, MSSPs, telecom and technology services companies, has raised $19 billion for the new KKR North America Fund XIII . Security Software Suite: Trend Micro has launched Trend Micro One, a unified cybersecurity platform that “enables customers to better understand, communicate, and lower their cyber risk,” the company […]

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

Kyndryl has spent recent months inking partnerships with Amazon Web Services, Microsoft Azure, Google Cloud, Nokia and other major players worldwide. 3. Among the updates to note: Lazarus Group and APT38, cyber actors associated with the DPRK,  are responsible for the theft of $620 million in Ethereum reported on March 29, the FBI said. …Read […]

Managed Security Services Provider (MSSP) Market News: 15 April 2022

3. 4. XDR Solution: Bitdefender has unveiled GravityZone XDR, a native XDR solution designed to provide “rich security context, correlation of disparate alerts, out-of-the-box analytics, rapid triage of incidents and attack containment through automated and guided response actions across a business’s entire environment,” the company asserts. …Read the full story