Saturday, December 29, 2012

Fortinet Expects More SMEs To Invest In Network Security

KUALA LUMPUR, Dec 28 (Bernama) -- Fortinet, a network security provider, remains cautiously optimistic about the overall network security market for Malaysia in 2013.

Source from (Bernama): http://www.bernama.com/bernama/v6/newsbusiness.php?id=918057
Published: December 29, 2012

Cloud and mobile will continue to be high on the list of priorities as enterprises in Asia and Malaysia continue to adopt these technologies, the company said in a statement today.

It said the rise in advanced persistent threats and distributed denial of service attacks reported around the world were also driving local enterprises to take greater measures to raise IT security.

George Chang, Fortinet's regional director of Southeast Asia and Hong Kong said more small medium businesses were expected to respond to these concerns next year.

"Some of them are purchasing new network security solutions, while others are subscribing to managed security services from service providers."

In the region, including Malaysia, more and more employees have also started using their personal tablets and smartphones to access the corporate network for work.

Amid this, more organisations are expected to deploy security solutions on their network to enforce policies and controls around what a user can do or access, he added.

According to Frost & Sullivan, Malaysia's network security market is expected to experience strong growth in the coming years.

It predicted that the compound annual growth rate would hit 12.6 per cent during 2012 to 2018 reaching a total market size of US$126.8 million in 2018.

-- BERNAMA 

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