Managed Security Services Provider (MSSP) News: 20 October 2021 -

Each business day, MSSP Alert broadcasts a 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) and MSP security providers — and those who need to partner up 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 [email protected].

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

1. Funding - Application Security Testing: Summit Partners has invested $625 million in Invicti Security. Also, Turn/River Capital remains a "significant shareholder" in Invicti.

2. Funding - Breach Attack and Simulation: Picus Security has raised $24 million in Series B funding.

3. Partnership - Data Cloud and Risk Management: Panorays and Snowflake are partnering to blend cloud data management with third-party security risk management software capabilities.

4. Partnership - Accenture and Splunk: Accenture and Splunk have have formed a business group to help customers "maximize insights from data, with a particular focus on AI-powered IT operations, security automation, and intelligent supply chain."

5. SIEM Software - India: Securonix has "significantly" expanded its SIEM software business in India. The company has 15 or so strategic partners -- including distributors and systems integrators -- in the region. Still, exact business performance metrics were not disclosed.

6. Zero Trust & Secure Connectivity: Cyolo has launched an identity-centric Vault feature. The Vault creates one primary identity for users and internally saves all other passwords, thereby integrating multiple accounts into a single trusted user identity, the company said.