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News

Free online security ROI calculator

Lumension Security : 31 October, 2008  (New Product)
Lumension assists in creating justifications for security tool purchases with free calculator for assessing ROI on IT security investments
According to recent market analysis by IDC, companies will spend approximately $2.75 billion in 2008 on security, up 22 percent from 2007. In these tough economic times, IT needs to demonstrate the value from every technology investment. To help organisations determine this value for security, Lumension Security has announced the availability of free, online assessment tools that quickly quantify the financial benefits of deploying leading-edge endpoint security and vulnerability management solutions.

Lumension's online tool set is available at ROI Tools and includes:.

* Endpoint Security Value Calculator - gauges the potential savings an organisation would experience by using the company's integrated application and device whitelisting technology to protect against malware attacks, insider theft and data leakage from peripheral devices.

* Vulnerability Management ROI Calculator - estimates the expected return on investment from Lumension's consolidated solution for network vulnerability assessment, automated patch and remediation, security configuration management and integrated enterprise-level compliance reporting.

"During this period of economic slowdown, companies face even greater pressure to ensure that all IT activities and investments provide clear cost benefits," said C. Edward Brice, Senior Vice President of Worldwide Marketing, Lumension Security. "As an industry leader, it is imperative that we not only provide organisations with powerful, integrated solutions but cost-efficient technologies that provide tangible value to make security more effective."

Lumension has made available a new whitepaper titled "Minimizing Security-related Total Cost of Ownership" to help organisations calculate the (TCO) to achieve optimal security in today's complex security environment. The whitepaper outlines how security implementations in four major areas can significantly reduce IT TCO and offset direct costs of these technologies by minimizing the overall impact to a company's bottom line.

Additionally, Lumension issued a customisable Patch Management Value Report that provides full visibility into the added benefits customers can gain from its investment in Lumension PatchLink Update. According to a recent report by Aberdeen Group, vulnerability management makes up roughly 14 percent of the average IT security budget and organisations deemed "Best in Class" reported a marginal return of over 90 percent on those investments.

Coupled with the benefit that the vulnerability management calculator provides, Lumension's patch management report is designed to help organisations demonstrate the cost savings, risk mitigation and operational benefits of deploying Lumension's "Best in Class" solutions. The company's product suite offers advanced policy enforcement, rapid patch and remediation that reduces IT overhead and resource costs, improving efficiencies across the enterprise.
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