MSSP Market News: CrowdStrike, Cloudflare, Centripetal

Every business day, MSSP Alert delivers a concise summary of news, analysis and conversations from the MSSP, MSP and cybersecurity world.

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Today’s MSSP Alert Market News:

1. CrowdStrike, Cloudflare Partner: CrowdStrike and Cloudflare have expanded their strategic partnership by connecting their platforms “to improve security from device to network, accelerate security operations center (SOC) transformation, and prevent breaches at scale.” The partnership combines Cloudflare One’s cloud-native zero-trust protection and connectivity with the CrowdStrike Falcon next-gen SIEM on the CrowdStrike Falcon Cybersecurity Platform, the companies said.

2. Further development of threat intelligence: Centripetal expands its offering with CleanINTERNET DNS to proactively protect organizations from web-based cyber threats. Centripetal claims that unlike other DNS filtering products that rely solely on blocklists, CleanINTERNET DNS is the “first-ever solution” that leverages advanced threat intelligence from multiple vendors to proactively block users from accessing malicious websites and harmful content.

3. Industry recognition: Resecurity has been recognized in Frost & Sullivan’s prestigious Global External Risk Mitigation and Management Market 2023 report. This annual report is a key indicator of market trends and highlights the most influential vendors and tools shaping the cybersecurity and risk management landscape. The recognition validates Resecurity’s innovative approaches and its central role in the sector, the company said.

4. Report reveals cybersecurity negligence: RSM, in partnership with the U.S. Chamber of Commerce, has released its U.S. Middle Market Business Index: Cybersecurity 2024 special report. The report highlights a sense of complacency among many companies that are tired after hearing about risks and attacks for several years, RSM said. The data shows that 28% of middle market executives said their company experienced a data breach in the last year, a record high set by RSM’s 2021 survey results. Reported breaches at smaller mid-sized companies (revenue $10 million to less than $50 million) increased from 12% to 20%, and breaches at larger companies (revenue $50 million to $1 billion) increased from 28% to 37% since last year’s survey.

5. Cyber ​​education for women receives grant: The Center for Internet Security has awarded the second annual Alan Paller Laureate Program scholarship to Women in CyberSecurity (WiCyS), a nonprofit organization that provides access and opportunities for women in the cybersecurity field. WiCyS plans to use the scholarship to fund its Security Training Scholarship program, a skills development program designed to discover hidden talent and increase diversity in the cyber profession. The scholarship will also enable WiCyS to offer a course on the CIS Critical Security Controls.

6. Announcement of the takeover: Pinnacle Technology Solutions, a US provider of hybrid IT solutions, has acquired Pinnacle Business Systems, based in Edmond, Oklahoma. “From applications and cloud to intelligent infrastructure, cybersecurity and managed services, both companies are dedicated to meeting the diverse technology needs of their customers,” the company said in a prepared statement.

7. Zscaler on the move: Zscaler forecast fourth-quarter revenue and profit above estimates on Thursday as companies spend more on cybersecurity and network solutions to combat sophisticated online threats, sending shares up 14% after the market closed. The cloud-based security solutions provider expects fourth-quarter revenue of between $565 million and $567 million. Zscaler expects fourth-quarter adjusted earnings per share of about 69 cents to 70 cents, compared with estimates of 68 cents. (Source: Reuters)

8. Release of supply chain security: apexanalytix, a provider of data, software and services for global supply chain risk management, has launched Cyber ​​Risk. The solution automatically assesses each supplier’s cybersecurity posture, continuously monitors the dark web to uncover risks, and responds in real time to threats affecting suppliers, the company said.