Boston, MA 04/24/2014 (wallstreetpr) – Yesterday, Cisco Systems, Inc. (NASDAQ:CSCO) announced the launch of its Managed Threat Defense,a managed security service that employs predictive, real-time analytics in order to identify intrusions and attacks. As per the company, the defense is developed to prevent malware from intruding client’s extended networks.
At present, Cisco Systems, Inc. (NASDAQ:CSCO) is offering its Managed Threat Defense as an on-premise direct service, but noted that its partners would be able to resell it under the Cisco Services Partner Program (CSPP). The company’s Security solutions Senior Vice President, Bryan Palma, said that as data continues to flow to the cloud, more people are able to access it through mobile devices and have the liberty to even share through social channels, which sparks the concerns of its security among the customers. Therefore, in this case, the Managed Threat Defense helps to take away the concerns regarding the protection of the data and thereby adding value for its customers.
Weapon For Advanced Threats
Managed Threat Defense is a completely outsourced managed security service which comprises of hardware, analytics and software to observe, capture and assess threats. Cisco Systems, Inc. (NASDAQ:CSCO) noted that the defense system carries out threat identification, confirmation and removal or mitigation, while it also recommends the remedial action. Although, the company’s 24X7 security service has just been introduced, but an analyst, Christina Richmond, at IDC is already showing optimism over the new development. Richmond noted that the service reflects the company’s approach to developing an all-inclusive plan to protect against advanced level threats.
In the meanwhile, Palma revealed that mainly large enterprises will be the ones who will have a larger interest in its managed security service. She said that though the costs on a monthly basis might vary based on the individual needs of the customers, however, the pricing of the services is likely to be around $100,000 on an annual basis. The service is expected to be available in next 60 days.