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IT, MSP & MSSP Industry Notes for December 13th 2021

 

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December 13th, 2021

Arcoa Group

Why partnering with ARCOA makes sense
Electronics Recycling is an important and profitable part of the IT asset lifecycle, but it can be overwhelming with all you already do, varying state regulations, and the limited resources at hand. That’s where ARCOA comes in. When you partner with ARCOA, you get all the benefits of a big company without any of the capital investment. We’ve been doing this since 1989 and have the expertise, certifications, and nationwide resources to get the most for all your clients’ retired IT assets. Plus, positioning your clients as environmental stewards not only elevates their appeal to consumers, it meets government requirements and avoids fines.

What partnering with ARCOA looks like
Our role is to make it easy for you to bring more value to your clients. We work with you to help stretch your clients’ IT budget by reducing the total cost of ownership of their electronics. We’re experts at identifying and implementing the solutions your clients need for the end-of-use remarketing, recovery, and recycling of their technology assets. The sooner you involve ARCOA, the sooner you and your clients will see better results.

CSP Inc. Reports Fiscal 2021 Fourth Quarter and Full Year Results; Quarterly and Annual Gross Margin Continued to Expand

  • services revenue grew 27%
  • quarterly and annual gross margin of 41.7% and 32.8%, respectively
  • year-end backlog reached $13 million demonstrating solid customer demand for products and services
  • Recorded a one-time $465,000 gain in the fourth quarter from release of escrow money from the sale of our German subsidiary in 2018

Attain Technology Receives the 2021 Gold HIRE Vets Medallion Award

  • HIRE Vets Gold Medallion Program is the only veteran employment award at the federal level
  • Some of the criteria for being selected to receive the award include:
  • Employer size
  • Percentage of new hires that are veterans
  • Percentage of veteran employees retained
  • Percentage of employees who are veterans
  • Provide new veteran employees assistance and work/life integration, including coaching and mentoring
  • Programs to enhance the leadership skills of veteran employees during their employment

Cerberus Sentinel announces acquisition of Arkavia Networks

  • Cerberus Cyber Sentinel Corporation a cybersecurity consulting and managed services firm based in Scottsdale, Ariz.
  • Acquired Arkavia Networks SPA, a cybersecurity services provider based in Chile
  • Arkavia will become a wholly owned subsidiary of Cerberus Sentinel
  • South American headquarters for the company located in Santiago, Chile
  • Financial terms of the agreement were not disclosed

Aiven Announces Launch of Managed Services for Apache Flink

  • announced the beta release of Aiven for Apache Flink
  • Apache Flink is used for event-driven applications requiring real-time analytics or real-time Extract, Transform, Load (ETL) capabilities
  • applications include
    • Fraud and anomaly detection
    • Real-time activity monitoring and alerting
    • Analytics dashboards
    • Continuous ETL in e-commerce
    • Real-time optimization of user experience

Introducing ElectroNeek's Winter '21 Release Products and Business Support for Managed ...

  • Announced today the launch of ElectroNeek's Winter '21 product release
  • Introduces new capabilities and features to their core products, as well as a new MSP Toolbox product
  • What's new?
    • MSP Toolbox is a new product available for partners
    • Elevated security and compliance features
    • New multi-language UX support
    • Bot management with Tokens
    • Major automation tools updates

Denovo Achieves Industry Record NPS

  • Announce achieving an IT Services industry record high Net Promoter Score (NPS) of 52
  • Denovo Ventures, LLC (Denovo) is a full-service Oracle Enterprise Resource Planning hosting, cloud computing, application managed services, managed disaster recovery, and professional services firm

Introducing eighty8networks, a Next Generation Managed Security Transport ..

  • eighty8networks is a next-generation managed security transport provider
  • next generation managed security transport provider delivering access to an ecosystem of advanced technology services
  • Co-founders, Keith Muller and John 'JP' Panzica launch next-generation managed services company, eight8networks

Ingram Micro Acquires Brlink, Strengthening Its Partner Ecosystem with New Managed Services

  • completed the acquisition of BRLink, a leading managed services provider (MSP) in Brazil
  • BRLink's suite of solutions gives Ingram Micro partners access to an even more complete portfolio of cloud services
  • cloud market in Latin America
    • 52% of Brazilian companies already use some type of cloud as part of their digital infrastructure
    • 39% of Latin American CIOs interviewed by the consultancy said they would invest in cloud computing in 2021

Cybersecurity

  • The IRS claims it still does not know who stole the tax return info on thousands of people in the U.S. and sent it to ProPublica, which publicized the info.
  • Ubiquiti Corporation, headquartered in New York City, NY, announced that a former employee, named Nickolas Sharp, was arrested by FBI.
  • Planned Parenthood of Los Angeles, CA has notified 400,000 patients that their PHI was exposed after ransomware attack.
  • Medsurant Health, headquartered in Conshohoken, Massachusetts, notified an unknown number of patients that their PHI was exposed after ransomware attack.
  • Pfizer Corp., headquartered in New York City, NY, filed legal action against former employee, Chun Xiao Li, allegedly she stole 12,000 confidential documents in order to sell to a competitor.
  • Three Rivers Regional Commission of Griffin, Georgia notified 2,000 patients that their PHI was exposed after ransomware attack
  • One Community Health of Oregon notified an unknown number of patients that their PHI was exposed after ransomware attack
  • DNA Diagnostics Centers, headquartered in Cincinnati, Ohio, notified 2.1 million patients that their PHI was exposed after cyber attack
  • Huntington Hospital, part of Northwell Health in New York, notified 13,000 patients that their PHI was illegally accessed by a former employee
  • ACE Surgical Supply of Brockton, Massachusetts notified 12,122 patients that their PHI was exposed after cyberattack.
  • Panasonic Corp. notified an unknown number of customers that their info was exposed after a cyber attack.
  • Delta-Montrose Electric Association of Colorado notified an unknown number of customers that their info was exposed after cyberattack
  • Armis Corp, a company that makes software to protect network endpoints, raised $300 million in funding and now has value of $3.4 billion
  • Opeyemi Abidemi Adeoso and Benjamin Adeleke Ifebajo, both from Nigeria, were sentenced to 120-151 months in prison for their role in cyberattacking schemes
  • The Riverhead Central School District of New York notified an unknown number of students that their info was exposed after ransomware attack
  • Joshua Maywalt of Tampa, Florida, pleaded guilty to healthcare fraud, aggravated identity theft, and filing a false federal income tax return after stealing PHI while working for a medical billing company in Clearwater, FL.
  • Sangamon County Animal Control (SCAC) in Springfield, IL notified an unknown number of citizens that it has inadvertently exposed their driver license info on the Internet
  • Durrell Tyler and DeShawn Johnson of Atlanta, Georgia were sentenced to 3 years in prison for buying stolen identities on the Dark Web and using it to commit fraud and open credit card accounts
  • Booz Allen Hamilton published article warning companies that Chinese government- backed hackers may try to steal encrypted data, and use quantum computers to crack it for use
  • Mandiant Security published warning of new hacking group named “Sabbath” that is using the ROLLCOAST ransomware to target organizations in the U.S.
  • Kaspersky Security Software published warning of new hacking group named “ScarCraft” that is using malware to attack Windows and Android devices
  • 20/20 Eye Care Network, headquartered in Florida, notified an unknown number of patients that their PHI was exposed after cyber attack
  • Broward County Public Schools of Florida notified 26,000 students and faculty that their info was exposed after ransomware attack
  • The Kentucky Energy and Environment Cabinet notified an unknown number of citizens that their info was exposed after security breach
  • Bay Village High School of Ohio notified an unknown number of students that their info was exposed after an email breach
  • Evanston Township High School of Illinois notified 1,100 students that their info was exposed after ransomware attack.
  • Lewis and Clark Community College of Godfrey, Illinois notified an unknown number of students that their info was exposed after ransomware attack.
  • Symantec published warning of new ransomware named “Yanluowang”, aimed at organizations in the U.S.
  • Proofpoint published warning of new tool hackers may use where malware isembedded in RTF files
    • When user opens up the RTF attached using Microsoft Word, it launches the malware onto the network while user is reading the decoy Word document

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