McAfee to provide Security-as-a-Service for cloud platform

By siliconindia   |   Tuesday, 21 July 2009, 16:56 IST   |    1 Comments
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McAfee to provide Security-as-a-Service for cloud platform
Bangalore: McAfee has outlined details on its strategy to provide security products as a service in the cloud. Its Security-as-a-Service strategy, designed to reduce the cost of product by 50 percent, will help consumers in small to mid-sized businesses and large enterprises. "It is clear that IT resources need to focus on initiatives that are business critical, while consolidating vendors. Bottom line, McAfee is committed to making it easy for customers to maximize the value of our solutions and help them save money through Security-as-a-service," said Marc Olesen, Senior Vice President and General Manager, McAfee Software-as-a-Service (SaaS). McAfee's SaaS solutions are all centrally managed via a unique cloud based management console, enabling convenient policy setting and reporting for customers. By integrating with McAfee's real-time, cloud-based global threat intelligence, McAfee Security SaaS products provide increased visibility into both external and internal threats and vulnerabilities, protecting customers more efficiently and reducing both acquisition and operational costs. With 350 threat researchers and tens of millions of data collection sensors, McAfee's global footprint is extensive. "Companies are showing increased inclination towards deploying security SaaS solutions in threat and vulnerability - focused markets, where up-to-date protection and expertise is paramount. Security as a service also offers the potential for lower-cost delivery of security controls and functions with faster implementation cycles," said Arabella Hallawell, Research Vice President, Gartner. Organizations of all sizes are facing diminishing budgets at the same time they are seeing increased pressure to drive faster value from IT investments. According to a recent forecast by Gartner, worldwide IT spending is projected to decline for 2009, despite several indications that security threats are on the rise.