Hot off the press: CrowdStrike, At-Bay, N-able, Veeam, Vade dominate MSSP market

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– At-Bay and CrowdStrike have partnered to offer a cybersecurity solution, At-Bay Stance Managed Detection and Response (MDR), to help SMBs improve their cyber resilience and reduce risk.
– N-able has released its MSP Horizons Report in partnership with Canalys, which highlights the growth trajectory of MSPs and the future of managed services.
– Veeam Software has launched the Veeam Cyber Secure Program, a ransomware protection program that combines technology with expert support to help enterprises prepare for and recover from ransomware attacks.
– Other developments in the MSSP market include advancements in spear-phishing detection, the release of an active application security platform, the launch of a generative AI-powered cybersecurity chatbot, the introduction of Zero Trust Network Operations (ZTNO), and a leadership change at Kaspersky for the Americas region.

At-Bay and CrowdStrike have joined forces to provide a cybersecurity solution, At-Bay Stance Managed Detection and Response (MDR), which helps small-to-mid-sized businesses (SMBs) bolster their cyber resilience and minimize risk. At-Bay Stance MDR, built on CrowdStrike’s AI-native Falcon XDR platform, enables rapid deployment to deliver immediate protection and support for endpoints. This partnership aims to address the cybersecurity skills gap faced by many SMBs.

N-able, in collaboration with Canalys, has released the MSP Horizons Report, which explores the key disruptive trends affecting MSPs in 2024 and beyond. The report reveals that MSPs are experiencing solid growth, with 97% of respondents reporting managed services revenue growth in the current year. The study also highlights the significant revenue generated by more than 335,000 global IT channel partners through the sale of managed services.

Veeam Software has introduced the Veeam Cyber Secure Program, a comprehensive ransomware protection program. This program combines Veeam’s technology with a team of experts to help enterprises prepare for, protect against, and recover from ransomware attacks. The Veeam Cyber Secure Program offers pre-incident support, including architecture planning, implementation assistance, and quarterly security assessments.

In other developments, Vade has enhanced its spear-phishing detection engine with a new method that improves its confidence in detecting advanced threats, including those generated by generative AI. OX Security has released an active Application Security Posture Management (ASPM) platform, which offers a proactive and converged solution for application security beyond existing market limitations.

VikingCloud has unveiled THOR AI (Threat Hunting and Orchestrated Response), a generative AI-powered cybersecurity chatbot that helps companies of all sizes identify vulnerabilities before they become disruptive threats. BackBox has introduced Zero Trust Network Operations (ZTNO), a solution that automates cybersecurity considerations at the network layer for NetOps teams. Kaspersky has appointed Luciana Lovato as its new channel director for the Americas, responsible for leading the United Partner Program and expanding training opportunities for channel partners in Latin America and North America.

Overall, these developments in the MSSP market highlight the increasing focus on cybersecurity and the need for innovative solutions to address evolving threats. SMBs and enterprises alike can benefit from these advancements in technology and expert support to enhance their cyber resilience and protect against cyberattacks.

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