AT&T will split its managed cybersecurity services practice from its core connectivity business by standing up a joint venture with Chicago-area investor WillJam Ventures. AT&T will move its security software, managed security operations and cyber consulting into an entity owned by WillJam and AT&T.
SonicWall acquired a longtime master MSSP partner to bring MDR, SOC and vulnerability management capabilities to its managed service providers. Buying Solutions Granted will help SonicWall detect and respond to endpoint or cloud-based threat activity on behalf of its MSP and MSSP partners.
Accenture acquired one of Spain's most prominent cybersecurity service providers to better support multinational companies with a presence in the country. The consulting giant said its buy of Madrid-based Innotec Security will add 500 cyber professionals to Accenture Security's 20,000-person staff.
Atos snagged the longtime European CEO of Accenture Technology to lead its soon-to-be-independent $5.76 billion cybersecurity, big data and digital unit. Yves Bernaert, 55, will split Atos' infrastructure and data management and business and platform solutions unit from its high-growth Eviden unit.
The private equity arm of former Secretary of Homeland Security Michael Chertoff's advisory firm agreed to purchase MDR vendor Trustwave for $205 million. The deal will allow Singtel to refocus its business in APAC and boost shareholder value by optimizing resource allocation.
WatchGuard purchased a Massachusetts company to extend network detection and response capabilities traditionally reserved for high-end enterprises to the midmarket through MSPs. The deal gives WatchGuard clients more visibility into east-west network traffic and activity taking place on the cloud.
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.
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