Cisco Systems, Inc. (CSCO - Free Report) has announced new cloud-based solutions and services built around its threat-centric security architecture for companies looking for a more effective approach to secure their digital businesses.
Cisco’s ramped up security portfolio now features services like Umbrella Roaming, Security for Digital Transformation, Defense Orchestrator, Stealthwatch Learning Network License, Umbrella Branch and Meraki MX Security Appliances with Advanced Malware Protection (AMP) and Threat Grid with the goal of plugging security loopholes at access and end points of the network.
With rapid digital transformation, more and more devices, applications and users are getting connected to the Internet every day. Though this translates to greater opportunities for technology companies, it has also made organizations and businesses more prone to security threats.
Security Effectiveness Gap
The conventional approach calls for the use of about 70 disparate security products in tandem to resolve a variety of issues. This makes it a very cumbersome process for organizations while leaving them more vulnerable to the online threats.
Additionally, this niche-product approach to security can often result in unmanageable complexity leading to security loopholes.
The Cisco Way
Fewer Complexities, More Capabilities: Cisco’s cloud-based security portfolio aims to close the security effectiveness gap through its threat-centric security architecture, which drastically reduces the complexities while increasing the capabilities.
Mobile Security: With a number of integrated products and increased network visibility, deploying effective security for mobile or distributed businesses is expected to become much easier as everyone will be protected through the cloud, no matter where they are.
Cisco’s claim to detect and resolve the threats in under 17 hours is in stark contrast to what Cisco says is the industry standard of 100 days. This may be true since the Cisco solution deals with security in the network, thus preventing access to compromised data. It could therefore set a new benchmark for the security industry going forward.
At present, Cisco has a Zacks Rank #2 (Buy).
Investors interested in the same space may also consider Extreme Networks Inc. (EXTR - Free Report) and Radcom Ltd. (RDCM - Free Report) , both carrying a Zacks Rank #2. A stock worth considering in the broader technolgy sector is Ellie Mae, Inc. , also carrying the same Zacks Rank.
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