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Check Point Software Launches New Global Managed Security Service Provider (MSSP) Program to Accelerate Partner Growth

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Check Point Software Technologies (NASDAQ: CHKP) has launched a new Managed Security Service Providers (MSSPs) Program aimed at reducing administrative burdens while enhancing partner profitability through a services-led approach. The program features the Horizon MDR/MPR solution, allowing co-branding opportunities and access to Check Point’s integrated security portfolio. As the managed security services market is projected to reach $53.2 billion by 2031, Check Point emphasizes its commitment to evolving with market demands by investing in operational improvements, training, and expert support for partners.

Positive
  • Launch of a comprehensive MSSP program aimed at improving partner profitability.
  • Access to Check Point's integrated security portfolio and expert resources.
  • Significant investment in the MSSP program for operational enhancements and marketing.
Negative
  • Dependence on rapid market dynamics may pose risks if demand for managed services fluctuates.

Program includes services-led offerings such as the new Horizon MDR/MPR which partners can co-brand or white-label. Benefits include a fully integrated security portfolio, automated processes and access to hundreds of Check Point experts and researchers

SAN CARLOS, Calif., Oct. 13, 2022 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cybersecurity solutions globally, has announced a new Managed Security Service Providers (MSSPs) Program that removes administrative burdens and empowers a partner service-led approach. With Check Point’s industry-leading prevention-first security operations suite, Horizon, the program gives partners the capabilities needed for comprehensive XDR/XPR, MDR/MPR, events management and SOC certainty, while providing operational peace of mind. The MSSP program allows partners to become more profitable and organizations more secure.

“Rapidly evolving market dynamics are fueling growth in managed security services, and Check Point is dynamically adapting to meet that demand,” said Frank Rauch, Check Point WW Head of Channels. “We’re significantly investing in our new MSSP program, including product features that drive MSSP interest, as well as operational improvements, training, and marketing activities. This allows for higher levels of partner growth and profitability with services-led cyber protection across network, cloud, and endpoints.”

The role of an MSSP is to deliver complete management of security systems and devices for an organization. It should operate a security operations center (SOC) providing 24/7 monitoring and incident response. However, with a constantly evolving threat landscape and a global shortage of skilled cybersecurity professionals, traditional SOC provision cannot keep up. It is also too focused on detecting and responding to attacks rather than preventing them.

The managed security services market is expected to reach $53.2B by 2031, according to MSSP Alert. With Check Point’s prevention-first Infinity architecture that spans network, cloud, security operations center (SOC) and remote workforce, Check Point provides comprehensive cybersecurity solutions in a partner-led “as a service” offering. As cyberattacks grow in scale and frequency, MSSPs can benefit from Check Point’s proven security portfolio with more than 300 cloud-native integrations that help partners automate services, fueling profitability.

Under the new program, MSSPs can:

  • Provide global SOC-as-a-Service without the upfront investment required: MSSPs can leverage Check Point’s 24/7/365 Horizon MDR/MPR solution with co-branded and white-label versions. This can supplement similar services the MSSP is offering or completely expand their current solution set.
  • Address major security incidents: MSSPs can also leverage and provide co-branded versions of Check Point’s Incident Response (IR) services. With over a decade’s IR experience, Check Point is well-positioned to handle the most complex breaches and security incidents. Additionally, the service provides IR readiness planning for customers to be prepared prior to an incident.

“Enterprises to SMBs are struggling to keep pace with evolving and persistent threats, dynamic innovations in security technology, and chronic security staffing challenges. Managed security services provide businesses with access to leading technologies and scalable expert resources at a reasonable cost relative to the on-premises alternative. Check Point investing in an innovative MSSP program reflects a commitment to enabling its partners to capitalize on this growing opportunity,” said Lawrence M. Walsh, CEO and chief analyst at Channelnomics. 

The MSSP program simplifies operations with faster customer onboarding, streamlined quoting, technical onboarding, pipeline development and go to market (GTM) alignment. These operational improvements, additional MSSP training courses and enablement services will strengthen partners’ ability to manage the sophisticated cyber defense requirements of customers today.  

The new Check Point MSSP Program includes:

  • Streamlined onboarding: Check Point’s MSSP Program streamlines the onboarding process with hands-on support including engineering bootcamps, enablement workshops, proof of concepts (POCs) and operational improvements. 
  • Network of experts: Check Point is extending more support to MSSPs by enabling access to its network of elite experts including the Check Point Research (CPR) team and the Incident Response team, which has over 25 years’ experience. 
  • Managed detection and response: Leveraging the expanded capabilities of Check Point’s Horizon platform within the Infinity Architecture, MSSP partners can now have prevention-first security operations with comprehensive XDR/XPR, MDR/MPR and events management capabilities.
  • Pricing Flexibility: Upcoming capabilities will allow customized billing options across security portfolio which removes cost of engaging for partners and customers. 

Here is what some MSSPs have to say:

  • Paul Solomon, Head of Managed Cyber Services at SoftCat said: “At SoftCat, we have been delivering industry-leading IT services for over 10 years and we do so by partnering with cybersecurity experts like Check Point as an extension of our own team to strengthen our offerings and provide a wide range of security solutions for our customers.” 

  • Craig Somerville, CEO & Founder at Somerville Group said: “Customer security requirements have evolved massively over the last few years. Not only is there a much broader and more complex range of environments to secure, but customers are increasingly demanding totally flexible OpEx models. It’s fantastic to see Check Point launching their innovative new full-stack MSSP program into an ANZ market full of so much joint opportunity. We look forward to exploring how we can expand our existing Check Point-based MSSP services with these exciting new offerings

For more information about the MSSP program, visit: https://www.checkpoint.com/partners/mssp-program/

Follow Check Point via:
Twitter: https://www.twitter.com/checkpointsw
Facebook: https://www.facebook.com/checkpointsoftware
Blog: https://blog.checkpoint.com
YouTube: https://www.youtube.com/user/CPGlobal
LinkedIn: https://www.linkedin.com/company/check-point-software-technologies

About Check Point Software Technologies Ltd.
Check Point Software Technologies Ltd. (https://www.checkpoint.com/) is a leading provider of cyber security solutions to corporate enterprises and governments globally.  Check Point Infinity´s portfolio of solutions protects enterprises and public organisations from 5th generation cyber-attacks with an industry leading catch rate of malware, ransomware and other threats. Infinity comprises four core pillars delivering uncompromised security and generation V threat prevention across enterprise environments: Check Point Harmony, for remote users; Check Point CloudGuard, to automatically secure clouds; and Check Point Quantum, to protect network perimeters and datacenters, all controlled by the industry’s most comprehensive, intuitive unified security management; Check Point Horizon, a prevention-first security operations suite. Check Point protects over 100,000 organizations of all sizes.

MEDIA CONTACT: INVESTOR CONTACT:
Ana PerezKip E. Meintzer
Check Point Software TechnologiesCheck Point Software Technologies 
press@checkpoint.comir@us.checkpoint.com

FAQ

What is the new MSSP program launched by Check Point (CHKP)?

The MSSP program provides partners with a services-led approach, allowing them to offer managed security services efficiently.

How does Check Point's MSSP program benefit partners?

It reduces administrative burdens and enhances profitability through access to comprehensive security solutions and expert assistance.

What is the projected market growth for managed security services?

The managed security services market is expected to reach $53.2 billion by 2031.

What features are included in the new Horizon MDR/MPR solution?

The Horizon MDR/MPR solution offers co-branding opportunities, integrated security capabilities, and around-the-clock monitoring.

Check Point Software Technologies Ltd

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