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News

Endpoint Security Market Report Available

Research And Markets : 24 May, 2010  (New Product)
World Endpoint Security Products Markets report addresses the escalating threats from cyber criminals
Research and Markets has announced the addition of Frost & Sullivan's new report 'World Endpoint Security Products Markets' to their offering.

This Frost & Sullivan research service titled World Endpoint Security Products Market provides the market size, growth projections, and a detailed analysis of key market drivers, restraints, and challenges. In this research, Frost & Sullivan's expert analysts thoroughly examine the following technologies: intrusion detection/prevention system (IDS/IPS), secure sockets layer-virtual private network (SSL-VPN), firewalls, network admission control (NAC) and endpoint security, wireless IDS/IPS, North American managed security service provider (MSSP).

Increasing Sophistication of Cyber Crime Techniques Necessitates Holistic Endpoint Security Solutions

The escalating threats from cyber criminals, with their advanced techniques to breach security networks, are posing many challenges for endpoint security vendors. The evolving functionality of the Internet has put consumers and enterprises at greater risk than ever, as cyber criminals can gain users social security, credit card, and bank account numbers and sell the information or use it as they wish. Over the past few years, malware threats have multiplied and it is now a lucrative business for cyber criminals. In fact, cyber criminals are included in highly organized, profit-motivated crime rings. Cyber attacks can assume any form and adopt any method such as phishing, compromised URLs, drive by downloads, and vulnerabilities. Meanwhile, increase in the number of remote workers has made wireless endpoint devices such as personal digital assistants (PDAs), laptops, and smartphones susceptible to attacks, as they are used to connect to the corporate network. Consequently, it is crucial that enterprises protect their network at all endpoints.

As data breaches continue to surge, organizations are required to comply with government regulations to help secure consumer and company financial data, says the analyst of this research. With regulatory bodies scrutinizing businesses for compliance, updated regulations such as Payment Card Industry Data Security Standard (PCI DSS) continue to drive the endpoint security market. Further, the rising regulatory compliance among enterprises is likely to increase the demand for integrated endpoint security products, which should include mobile and hosted security solutions. Enterprises are likely to choose a security vendor that offers a holistic view of security. However, the economic downturn has compelled many businesses to disregard the need for security or at least, consolidate their vendors.

In the current market, with the economy still on the path to recovery, it is important for vendors to offer competitive pricing and advanced value-added security technologies in their products. The market is served by several large network security companies, and many more are looking to establish a footprint here. For instance, some market majors are launching free consumer security products to gain market shares in the future. Vendors continue to integrate products such as data loss prevention (DLP), encryption, and sophisticated proactive technologies in endpoint security suites to provide intensive protection. More than ever, endpoint security vendors now need to offer a variety of enriched security solutions and novel means to keep pace with and counter complex threats, notes the analyst. As technologies develop and become more cost-effective, endpoint security vendors need to offer a range of products that will focus on hosting and virtualization.
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