MSSP | Jotup

Botnet Activity Surges in Q3 2023

Retrieved on:

Tuesday, November 14, 2023

Organization, Security, MGM, MDR, MSSP, MSS, Spider, Worldwide, TorrentLocker, IDC, Cryptocurrency, Risk management, Q2, Q3

COMMERCE, Mich., Nov. 14, 2023 /PRNewswire/ -- Nuspire, a leading managed security services provider (MSSP), today announced the release of its Q3 2023 Cyber Threat Report. This comprehensive quarterly assessment delves into the constantly shifting threat landscape, revealing vital information about malware, botnets, exploits and ransomware.

Key Points:

COMMERCE, Mich., Nov. 14, 2023 /PRNewswire/ -- Nuspire, a leading managed security services provider (MSSP), today announced the release of its Q3 2023 Cyber Threat Report .
The report reveals an alarming surge in botnet activity, with a staggering 67.51% increase in Q3 2023.
Notable findings from Nuspire's newly-released cyber threat report include:
An explosion in botnet activity of 67.51% can largely be attributed to Torpig Mebroot, clocking an increase in activity of nearly 93% over Q2 and accounting for more than 69% of all Q3 botnet activities.
An older botnet, TorrentLocker, re-emerged in Q3 as a favorite attack method, supplanting Q2's FatalRAT botnet in Nuspire's list of top five botnets.

Cisco Awards ePlus the Global Customer Experience (CX) Partner of the Year at Cisco Partner Summit

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Friday, November 10, 2023

HERNDON, Va., Nov. 10, 2023 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news ) today announced it has been named the Global Customer Experience (CX) Partner of the Year at Cisco Partner Summit 2023.

Key Points:

HERNDON, Va., Nov. 10, 2023 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news ) today announced it has been named the Global Customer Experience (CX) Partner of the Year at Cisco Partner Summit 2023.
Cisco's Partner Summit Global Awards recognize top-performing partners across 21 categories demonstrating innovation in delivering solutions that help customers succeed in new ways.
Awarded to partners for standout success and exemplary sales and service, Partner Summit Global Awards are the highest form of recognition for Cisco partners.
"The theme at Partner Summit 2023 is 'Greater Together' and our Partner Summit Global Award winners are fantastic examples of our shared success and the power of partnering," said Jeff Sharritts, EVP and Chief Customer and Partner Officer at Cisco.

Trend Micro Reports Earnings Results for Q3 2023 Marking 100 Consecutive Quarters of Profitable Growth

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Thursday, November 9, 2023

TOKYO, Nov. 9, 2023 /PRNewswire/ -- Trend Micro Incorporated ( TYO: 4704 ; TSE: 4704 ), a global cybersecurity leader, today announced earnings results for the third quarter of fiscal year 2023, ending September 30, 2023 by reporting 13% year-over-year (YoY) growth.

Key Points:

TOKYO, Nov. 9, 2023 /PRNewswire/ -- Trend Micro Incorporated ( TYO: 4704 ; TSE: 4704 ), a global cybersecurity leader, today announced earnings results for the third quarter of fiscal year 2023, ending September 30, 2023 by reporting 13% year-over-year (YoY) growth.
Trend will host its investor day at 10:00 a.m. (GMT+9) on Thursday, December 1, 2023, as a hybrid event format for invited investors.
The company will not revise expected consolidated results for the full fiscal year ending December 31, 2023 (released on February 16, 2023).
Trend Micro was awarded the following patents in Q3 2023:

Liongard Ranks Number 208 on Fastest-Growing Company in North America on the 2023 Deloitte Technology Fast 500™

Retrieved on:

Wednesday, November 8, 2023

Liongard , the global leader in Configuration Change Detection and Response (CCDR), today announced it ranked 208 on the Deloitte Technology Fast 500 ™, a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year.

Key Points:

Liongard , the global leader in Configuration Change Detection and Response (CCDR), today announced it ranked 208 on the Deloitte Technology Fast 500 ™, a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year.
This recognition on the Deloitte Fast 500 is not just a milestone for Liongard but a reflection of the trust our partners place in us every day."
“Each year we look forward to reviewing the progress and innovations of our Technology Fast 500 winners.
“While software and services and life sciences continue to dominate the top 10, we are encouraged to see other categories making their mark.

CrowdStrike Emerges as a Leader in Cybersecurity Channel Sales Growth According to Independent Channel Analyst Firm Canalys

Retrieved on:

Wednesday, November 8, 2023

Networks, Security, Data Management, Technology, Software, Partner, Education, MSSP, Research, Growth, Investment, Service, Risk management, Video game, CrowdStrike

CrowdStrike (Nasdaq: CRWD) has been named a growth leader among cybersecurity companies selling through the channel, according to a report released by Canalys , an independent analyst firm.

Key Points:

CrowdStrike (Nasdaq: CRWD) has been named a growth leader among cybersecurity companies selling through the channel, according to a report released by Canalys , an independent analyst firm.
CrowdStrike surpassed the 12 cybersecurity vendors identified in the report, with a year-on-year percentage growth rate of 39.1 for overall channel sales.
Partners earn $2 in services for every $1 of software and hardware that is sold in cybersecurity today.
CrowdStrike is outgrowing the overall cybersecurity market,” said Jay McBain, Chief Analyst at Canalys.

Attack Surface Management Technology Provider Cavelo Announces CAD$5M Funding Round

Retrieved on:

Wednesday, November 8, 2023

KITCHENER, Ontario, Nov. 8, 2023 /PRNewswire-PRWeb/ -- Attack surface management technology provider Cavelo Inc. today announced it has secured CAD$5M in venture capital financing led by Inovia Capital, a leading Canadian venture capital firm supporting founders who build global sustainable tech companies, with participation from existing investors including Graphite Ventures. The investment will support continued platform development, and sales and marketing efforts to meet growing customer demand across North America.

Key Points:

"To spite continued market headwinds, Cavelo is driving significant growth through its customer-first approach and commitment to attack surface management innovation."
"Cavelo represents the future of cybersecurity investments," said Taha Mubashir, Principal at Inovia Capital.
"To spite continued market headwinds, Cavelo is driving significant growth through its customer-first approach and commitment to attack surface management innovation.
"Cavelo is excellent next generation cyber asset attack surface management (CAASM) — the support experience has been phenomenal," said William Ercolano, Vice President of Client Technology at ECI, a Cavelo customer and channel partner.

Privia Health Reports Third Quarter 2023 Financial Results; Announces New Market Entry in South Carolina

Retrieved on:

Friday, November 3, 2023

Medicare, Accountable care organization, EBITDA, MSSP, Norwegian Asthma and Allergy Association, Health, Privia, Greenville, Partnership, Table, Centers for Medicare & Medicaid Services, CMS, Video game, Bank, Beauty salon, Health insurance

Total revenue for the third quarter of 2023 was $417.3 million, compared to total revenue of $342.9 million for the prior year third quarter (+21.7%).

Key Points:

Total revenue for the third quarter of 2023 was $417.3 million, compared to total revenue of $342.9 million for the prior year third quarter (+21.7%).
Gross Profit for the third quarter of 2023 was $90.6 million, compared to $76.9 million for the prior year third quarter.
Operating income for the third quarter of 2023 was $5.5 million, compared to operating loss of $(4.6) million for the prior year third quarter.
Net income for the third quarter of 2023 included $10.8 million in non-cash stock compensation expense and $0.7 million in other expenses.

Thrive Named Channel Futures 2023 Security Provider of the Year

Retrieved on:

Friday, November 3, 2023

Data Management, Security, Technology, Software, Networks, Artificial Intelligence, Internet, SOC, Building, MSP, MSSP, ServiceNow, Security operations center, Best practice, Almost, Medical device, Thrive

Thrive , a premier provider of cybersecurity and digital transformation Managed Services, is proud to announce that it has been named The Channel Futures 2023 Managed Security Services Partner (MSSP) of the Year.

Key Points:

Thrive , a premier provider of cybersecurity and digital transformation Managed Services, is proud to announce that it has been named The Channel Futures 2023 Managed Security Services Partner (MSSP) of the Year.
Thrive was honored during the MSP 501 Awards Gala on Wednesday, November 1st, at the renowned Fontainebleau Miami Beach in Florida.
Thrive's achievement as The Channel Futures 2023 MSSP of the Year is a testament to the company's unwavering commitment to protect and empower their clients with all-inclusive cybersecurity solutions.
"We’re honored to be recognized as The Channel Futures 2023 MSSP of the Year," said Rob Stephenson, CEO of Thrive.

LogRhythm Partners with D3 Security to Automate Threat Management and Incident Response Capabilities in Cloud-Native LogRhythm Axon SIEM

Retrieved on:

Tuesday, October 31, 2023

This partnership brings together LogRhythm Axon SIEM and D3 Smart SOAR's incident enrichment and response capabilities, providing security teams with a powerful, integrated solution to streamline their security operations.

Key Points:

This partnership brings together LogRhythm Axon SIEM and D3 Smart SOAR's incident enrichment and response capabilities, providing security teams with a powerful, integrated solution to streamline their security operations.
By combining LogRhythm Axon SIEM with D3 Smart SOAR's automation and orchestration capabilities, we are enabling security professionals to focus on what matters most: protecting their organizations."
LogRhythm Axon SIEM, a cloud-native platform, seamlessly integrates with D3 Smart SOAR, enabling the management of alert queues, automated response actions, and content within the Smart SOAR platform.
Key benefits of this partnership include:
Rapid Cross-Stack Response: LogRhythm Axon SIEM alerts can trigger automated response actions orchestrated by D3 Smart SOAR, ensuring rapid incident resolutions.

BLOKWORX Selects Stellar Cyber Open XDR Platform to Bolster its Managed Security Offering

Retrieved on:

Monday, October 30, 2023

Stellar Cyber, the innovator of Open XDR, announced today that a top 200 managed security service provider (MSSP), BLOKWORX, has added Stellar Cyber Open XDR Platform to its security stack to enhance context and increase the differentiation of its security offerings.

Key Points:

Stellar Cyber, the innovator of Open XDR, announced today that a top 200 managed security service provider (MSSP), BLOKWORX, has added Stellar Cyber Open XDR Platform to its security stack to enhance context and increase the differentiation of its security offerings.
The Stellar Cyber Open XDR Platform enables MSSPs to produce consistent security outcomes with existing staff.
In addition, Stellar Cyber complements security teams’ human expertise, making them more productive and efficient.
BLOKWORX is a leading MSSP delivering data-centric security services aimed at managed security providers (MSP) with limited in-house cybersecurity resources.