Hewlett Packard on Thursday announced new products and services that enable enterprises to disrupt the adversary marketplace,manage risk and extend their security capabilities to better protect themselves against a growing threat landscape.
Cybercrime has continued to increase,with 92 per cent of Forbes Global 2000 companies reporting data breaches in the last 12 months. This growth is due to adversaries forming a more sophisticated and collaborative marketplace through which they share information and advanced data theft tools.
Studies estimate that the global cybercrime black market has a value of $104 billion per year. Evolving regulatory and legislative requirements are further adding to enterprises’ security burden,with an estimated average cost of noncompliance at $13.7 million for global organizations.
Additionally,in the world of bring your own device (BYOD),IT no longer controls the endpoint,offering the adversary many more control points to attack.
HP said its new products and services enable enterprises to approach their security challenges with a single view of information security,and to manage risk and compliance.
Enterprises today aren’t facing a single attacker… they are fighting a well-organised,well-funded adversary marketplace, said Ranndeep Singh Chonker,country manager,HP Enterprise Security Products,India.