Barracuda acquired Skout Cybersecurity to deepen the possibilities it can offer Managed Service Provider (MSPs).
The transaction will provide Barracuda MSP with its first SOC offering to support managed service providers operating in Europe, the Middle East and Africa.
Skout cybersecurity also has a strong track record in the Extended Detection and Response (XDR) market, with a platform and service offering there that also adds depth to the new owner.
“MSPs need to be able to protect their customers’ users, their devices, and the data they access on those devices from increasingly sophisticated threats. To achieve this level of protection for their customers and themselves, MSPs are transforming their businesses into security-oriented operations, ”said Brian Babineau, Senior Vice President and General Manager at Barracuda MSP.
“The introduction of Skout enables Barracuda’s MSP partners to deploy security solutions in their environments and combine their data feeds into a unified 24×7 operation for rapid analysis and response,” he added.
If all goes according to plan, the transaction will close this month and the company will soon begin sharing the fruits of the acquisition with MSPs. The latest deal becomes Barracuda’s youngest Acquisition of the zero trust access provider Fyde and his 2019 acquisition of InfiSecure technologies.
The Barracuda deal comes just days after Kaseya announced that security and automation are a high priority for customers.
The company that supports MSPs shared the Results of the survey on IT operations in 2021, with IT pros citing security, cloud migration, and automation are their top priorities.
Fending off threats and getting data protection under control was the greatest challenge IT professionals had to face in the future. Companies said the areas they wanted to invest in over the next year include email security tools like phishing prevention and ransomware protection.
The survey also found that the channel still had some educational issues to solve in order to help customers with privacy. The vast majority of respondents (82%) said they understood software-as-a-service (SaaS) applications like Google Workspace and Office 365, but 60% expected providers to be responsible for data protection.
“The results of the 2021 survey show that security is still a top priority for IT professionals and will remain a major challenge given the ongoing increase in cyber attacks. Anticipating this trend, Kaseya has structured its IT Complete suite of solutions to provide comprehensive protection for SMBs to stop threats like credential compromise and phishing, “said Mike Puglia, chief strategy officer at Kaseya.
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