WatchGuard's presence on both the endpoint and network allows the company to accelerate response and remediation times on behalf of MSPs, CEO Prakash Panjwani said. MSPs can determine how much of the response they want WatchGuard to automate based on their level of sophistication.
As more organizations undergo resource and cost pressures, 86% of managed security services customers are deciding to consolidate security tools and outsource their security requirements, according to the OpenText Cybersecurity 2023 Global Managed Security Survey.
To outsource a non-core competence...or to risk control, understanding cost implications, and/or ability to evaluate functionality in competing offerings? That's the question...right?
This report has been a collaboration between ISMG and Optiv since the beginning of 2023 when ISMG surveyed 426 senior cybersecurity...
A French conglomerate will buy Australia's largest publicly traded cybersecurity company to expand its cyber service delivery capability in the high-growth Oceania market. The Tesserent deal will help Thales to accelerate its development road map and boost its footprint in Australia and New Zealand.
Bain Capital led a $190 million investment into a managed detection and response provider founded by a former National Security Agency computer operations expert. The money will support development of Blackpoint's security technology and enable its MSP partners to combat a changing threat landscape.
Huntress has completed a Series C round to expand beyond the endpoint protection market and bring managed security to identity and cloud. Hackers are increasingly going after employee accounts at SMBs and using the compromised identity to move into other systems via SSO, CEO Kyle Hanslovan said.
The midsize market encounters many cybersecurity hurdles, including the increasing volume of information that needs to be protected, the shift to hybrid cloud, and limited skilled personnel to build and implement security programs. What does the SOC look like for these organizations?
Airbus has halted efforts to buy a 29.9% stake in Atos' $5.76 billion Evidian cybersecurity, big data and digital business. The aircraft manufacturer walked away from the transaction after determining it "does not meet the company's objectives in the current context and under the current structure."
With signs pointing to a global economic downturn, cybersecurity organizations are already thinking about managing budgets and doing more than less. Four CISOs share a wide range of belt-tightening tips, from putting the squeeze on your vendors and suppliers to training and hiring from within.
AT&T wants to unload its cyber assets just five years after doubling down on security through its $600 million purchase of threat intelligence vendor AlienVault. The Dallas-based carrier has been working with British banking firm Barclays to solicit bids for its cybersecurity business, Reuters said.
Secureworks has axed roughly 210 employees, and CFO Paul Parrish and Chief Threat Intelligence Officer Barry Hensley are leaving their posts. Secureworks revealed plan to reduce its 2,351-person staff by approximately 9% to help balance continued growth with improved operating margins.
Valuations are down, some companies have left the market altogether, and some even have announced deep rounds of layoffs. Yet, Alberto Yépez of Forgepoint Capital retains optimism for the cybersecurity marketplace in 2023 and says now is the ideal time to be ramping up investments in innovation.
Managed security services player Cerberus Sentinel plans to capitalize on cloud migration and strict privacy regulations in South America through its proposed purchase of RAN Security. The deal will bolster Cerberus Sentinel's penetration testing, gap analysis and infrastructure management services.
Simeio has added SailPoint and IBM to its identity and access management line card through the purchase of identity services provider PathMaker Group. The first acquisition in its 17-year history will give Simeio access to senior-level personnel with deep knowledge in identity governance.
Industrial control vendors such as Honeywell are increasingly adopting Nozomi Networks within their security portfolio, says CEO Edgard Capdevielle. Firms such as Siemens can actually run Nozomi's products inside their platform, while others have incorporated its tool into a managed service bundle.
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