BANGALORE: Extending its leadership in enterprise security, HP is unveiling new solutions and services that enable organizations to proactively share threat intelligence and openly collaborate as an industry to combat the growing ecosystem of adversaries. 

According to a recent survey of 234 organizations conducted by the Ponemon Institute, the number of security breaches increased 20 percent and the cost of individual breaches increased 30 percent over last year. These trends indicate that cybercriminals are working harder and smarter to gain access to sensitive data and inflict damage on corporate reputations.

With organizations in Asia Pacific and Japan (APJ) experiencing cyber-crimes caused by malicious insiders, denial of service and web-based attacks that they are unable to stop due to outdated or insufficient threat intelligence, enterprises need to strengthen their security posture to defend their organizations.

“Advanced attack techniques and collaboration in the criminal market place is fuelling an increased rate of costly security breaches in APJ,” said Jyoti Prakash, country director - HP ESP (India & SAARC countries) “Crowd-sourced threat intelligence from our vast community of customers, partners and researchers is essential in this battle against cybercrime. By sharing actionable intelligence through our solutions, expertise and best practices, organizations can more effectively address the new threat environment.”
Read Also: Cisco To Invest $1bn To Expand Cloud Biz Over Next 2 Years and Hackers' Black Market Is A Growing Threat To Governments, Businesses: Rand