Managed Security Services Provider (MSSP) Market News: 08 July 2022 -

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 Editorial Director [email protected]. Thank you in advance for news tips.

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

1. Funding - Cyber Insurance: Coalition has raised $250 million in Series F funding at a $5 billion valuation. Key investors included Allianz X, Valor Equity Partners and Kinetic Partners.

2. Cyber Insurance and Security Solutions: Apollo Brokers, a wholesale cyber insurance broker, has launched a Cyber Marketplace to offer cybersecurity solutions direct to insured clientele. The marketplace initially includes solutions from Trusona, Tetra Defense, CyberArk, CyberCube, Tenax Solutions, Security Scorecard and Strata.

3. Rebrand: Comodo Security Solutions is rebranding as Xcitium and launching a zero threat endpoint technology to "combat an increase in ransomware and other malware across all industries," the company said.

4. Partnership - Security Intelligence: RosettiStarr has partnered with Field Effect to "provide customers with advanced protection against cyber threats across the globe."

5. Mobile Browser Security: Talon Cyber Security has introduced TalonWork Mobile, a secure mobile browser for businesses. The initial release supports Google Android. Apple iOS support is under development.