Users bank on managed security services

NETWORK WORLD NEWSLETTER: NETWORKING TECHNOLOGY UPDATE
07/13/05

Dear networking.world@gmail.com,

In this issue:

* Managed security service provider offerings are expected to
  generate about $1 billion in spending this year
* Links related to Networking Technology Update
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Today's focus:

Users bank on managed security services

By Denise Pappalardo

More enterprise business customers are turning to managed
security service providers to help them cope with the
complexities of network security, especially when it comes to
intrusion prevention.

MSSP offerings are expected to generate about $1 billion in
spending this year, says Allan Carey, a program manager for
business and continuity services at IDC. The $1 billion is part
of an overall security services spending projection, which
includes consulting, training, implementation and MSSP costs, of
about $7.4 billion for 2005.

Security audits and regulatory compliance are just two of the
reasons organizations are more interested in MSSP offerings,
says Kelly Kavanagh, an analyst at Gartner. MSSP services can
help with audit compliance through documented monitoring,
reporting and remediation, he says.

Users have become more willing to outsource their security needs
to a third party. "Over the past couple of years enterprise
customers have become more comfortable with the level of
maturity in the MSSP market," Carey says.

Many organizations also don't have the capital to deploy the
hardware and software necessary to support their own intrusion
detection, intrusion prevention, anti-distributed denial of
service or other security services, he says.

Compliance was one of the key reasons why Boiling Springs
Savings Bank switched to MSSP Perimeter Internetworking, which
specializes in offering managed security services to small
banks.

For more on this story please see:
<http://www.networkworld.com/nltechupdate3228>
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To contact: Denise Pappalardo

Denise Pappalardo is a Senior Editor at Network World covering
service providers. She can be reached at
denise_pappalardo@nww.com
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This newsletter is sponsored by Fluke Networks
Special Report: Understanding the Changing Nature of Branch
Office Networks

Significant revenue is generated at the branch office. Business
needs to be seamless between locations. This special report
provides an approach to a resourceful way of using new tools and
analysis for branch offices. Learn about the analysis and
tools used to run a seamless branch business, click here to
download the report now,
http://www.fattail.com/redir/redirect.asp?CID=108360
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