Barracuda is looking to extend its tentacles beyond security and into remote monitoring and management through the purchase of MSP platform provider N-able, Reuters reported. The Silicon Valley-based SMB security provider owned by private equity firm KKR is one of the suitors for Boston-area N-able.
OpenText has acquired Pillr to strengthen its managed detection and response capabilities for small and midsized businesses. The integration will provide managed service providers with advanced security solutions, addressing increasing cyberthreats and expanding OpenText's security portfolio.
From the RSA Conference in San Francisco, three ISMG editors examined all the hype around artificial intelligence, including the latest AI-enabled cybersecurity solutions, the AI tactics that adversaries are using and the burning question at RSA: Who's in charge of AI in today's enterprises?
The French government could acquire a loss-making cybersecurity unit and other critical assets of Paris IT consultancy firm Atos after previous bids by competing firms fell through. Atos employs about 4,000 people and is strategically important to the French government.
European aerospace giant Airbus on Tuesday called off a multibillion-euro plan to acquire a cybersecurity unit of French IT consultancy firm Atos. Share values of cash-strapped Atos fell approximately 20% by the end of the trading day. Airbus' value rose by nearly 1%.
Sophos announced Thursday that its CEO for the past 12 years, Kris Hagerman, has stepped down. Long-time Sophos executive Joe Levy, who has nearly three decades of experience in cybersecurity products and services, is the new president and acting CEO, "effective immediately."
Venture capital investor Pramod Gosavi discussed the drawbacks of relying on network-centric cybersecurity solutions that are driving up costs. He recommended proactive strategies, such as zero trust, that emphasize minimal access and continuous verification and investments in AI-based technologies.
French IT firm Atos has confirmed it is in early-stage talks with Airbus to sell its cybersecurity unit for an estimated 1.8 billion euros, or 1.79 billion. The latest Airbus offer comes just six months after Airbus' unsuccessful bid for a minority stake in Atos Evidian.
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.
Managed service providers (MSPs) face a myriad of challenges when it comes to managing their data backups efficiently. The complexity of MSP environments, combined with the ever-increasing volume of data and cyberthreats, makes safeguarding critical business information a daunting task.
The technicians are caught...
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.
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