Businesses are increasingly turning to SOC-as-a-Service to manage threat detection and fight emerging cyber threats. In this week’s roundup, check out how MSSPs and security consulting companies ITC, Saviynt & CI Security are forging key partnerships to cash in on the rising demands for managed security functions.
CI Security and Phoenix 2.0 Ink New Partnership
CI Security and Phoenix 2.0 have agreed to enter a partnership to fuse their core capabilities. The partnership will help Phoenix 2.0 to extend an enhanced portfolio of cybersecurity services to their clients alongside the existing managed IT services they provide.
By joining forces, Phoenix 2.0 can provide CI Security’s MDR solution to customers, including an outsourced Security Operations Center (SOC). Meanwhile Phoenix customers will get access to a full suite of professional services to achieve compliance such as incident response, penetration testing, and risk assessments.
Alex Rayter, Principal at Phoenix 2.0 said, “This perfectly positions us to help clients not only put in place Cyber Risk Management Programs, but also monitor the efficacy of those programs and risks in real-time and respond swiftly and decisively should an incident occur. We are excited to offer them to our customers.â€
The partnership seems to reflect confidence early on as both serve mutual clients, with the CFO of Phoenix 2.0 going so far as to say, “With Phoenix 2.0, we’ve been able to offload a major source of risk and worry to a team of professionals who seem to have our best interests at heart and are willing to go the extra mile.â€
Learn More: 5 Trends in IT SecurityOpens a new window
Saviynt Onboards Persistent Systems as a Solutions Partner
Persistent Systems is the latest to join the Saviynt partnership program. The company is now a Saviynt Diamond Solutions Partner, which will leverage their advisory services and IP-driven approach to simplify the evolution of identity governance and administration (IGA) from legacy systems to a contemporary and modern solution.
Saviynt’s cloud-based IGA solution offers identity and lifecycle management, event-based micro centifications, risk-based analytics, etc., which help facilitate a modernized approach to ensure systems, applications and networks do not go into the wrong hands. The Identity governance and administration services market is expected to hit $7.7B through 2023. This isn’t surprising since a rise in Opens a new window data breaches have hamstrung organizations that lose millions of dollars in civil liability.
Samir Agarwal, Senior Vice President of Partnerships at Persistent Systems said, “A next-generation identity governance platform is critical for our customers in improving their customer experience while preventing unauthorized access to applications and services. Saviynt provides an easy to adopt, cloud-based platform that safeguards our enterprise customers against threats while increasing productivity. As a trusted Diamond Partner, we will continue to work closely with Saviynt in delivering intelligent identity solutions for our customersâ€.
Learn More: Average Company Value Drops by 7.2% When a Data Breach Occurs: iomartOpens a new window
ITC Secure & Identity Experts Partner to Deliver Managed Security Services
ITC Secure, one of the leading managed security services providers (MSSP) and UK-based advisory firm Identity Experts have partnered to deliver managed security services built on Microsoft’s security stack.
Microsoft security stack will be at the core of the partnership which includes:
- Microsoft Security Operations Center (SOC) Services
- Azure Sentinel
Under the new partnership, ITC Secure and Identity Experts (a Microsoft Gold Partner for Security) will operate a round-the-clock SOC-as-a-service for managed detection and response of threats. The service will be derived from AI/ML-driven, cloud-based Azure Sentinel, Microsoft’s security information and event management (SIEMOpens a new window ) solution, and delivered through ITC’s SOC.
Let us know if you liked this news on LinkedInOpens a new window , TwitterOpens a new window , or FacebookOpens a new window . We would love to hear from you!