As growth has slowed in the security software and appliance market, the security SaaS sector has become more compelling. Symantec has staked a claim for early leadership by acquiring MessageLabs, which has been a key success story in security services. This move into managed services will enable Symantec to sustain growth, but potentially poses a risk to its other channels and modes of delivery.
Coverity, engaged in improving software quality and security, has launched Coverity Architecture Analyzer.
Nice Systems, a provider of value-added services, has won a large-scale security project, receiving an order at over $20 million from an EMEA government agency, an existing Nice voice-based services customer. The project will be implemented over the course of approximately a year-and-a half.
DNS inventor Dr Paul Mockapetris believes that wide-spread adoption of improvements to security on the Internet is very close, despite delays to DNSSEC that he has labelled as baffling.
Trend Micro, a provider of internet content security, has launched version 5.1 of its Worry-Free Business Security for small businesses that require integrated defense and automatic web threat protection against emerging web threats with minimal administrative requirements.
China Information Security Technology has reported net income of $8 million, or $0.17 per basic and diluted share, for the third quarter ended September 30, 2008, compared to net income of $3.72 million, or $0.09 per basic and diluted share, for the same period of 2007.
Fortinet, a provider of unified threat management services, has introduced FortiGate-620B multi-threat security appliance, which is expected to bring better performance to the enterprise segment.
Nice Systems, a provider of services for the enterprise and security markets, has reported a GAAP net income of $10.9 million, or $0.18 per fully diluted share, for the third quarter of 2008, compared to net income of $9.2 million, or $0.17 per fully diluted share, for the third quarter of 2007.
The American Bankers Association, or ABA, has endorsed the managed security services, compliance validation services and data security technologies of Trustwave, a provider of on-demand data security and payment card industry compliance management services.
The University of East Anglia (UEA) has implemented Quest Authentication Services to enable single sign-on authentication for over 40,000 user accounts. The new system has dramatically reduced the number of help desk and support calls.
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