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Frost & Sullivan: Adoption of Managed Security Services Rises in APAC to Counter Growing Cyber Attacks

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Frost & Sullivan: Adoption of ManagedFrost & Sullivan: Adoption of Managed Security Services Rises in APAC to Counter Growing Cyber Attacks PR Newswire SINGAPORE, Dec. 16, 2013 - Organisations bolster existing security with value-added professional security services Enterprises in the Asia-Pacific region are increasingly outsourcing network infrastructure security as they find themselves ill-equipped to handle complex and multiple cyber threats. The managed security services (MSS) market in the region is also gathering momentum due to stringent regulations, and the popularity of cloud computing as well as the bring-your- own-device trend. Organisations are now more aware of the benefits of security service models for protecting network infrastructure, gaining operational flexibility, supporting internal growth, and achieving performance objectives. New analysis from Frost & Sullivan (http://www.networksecurity.frost.com), Analysis of Asia-Pacific Managed Security Services (MSS) Market, 2012, finds that the market earned revenues of US$1.66 billion in 2012 and estimates this to reach US$5.34 billion in 2019. "The improved quality of services and the enhanced service level agreements offered by professional security service providers play an important role in accelerating trust in third-party services among enterprises," said Frost & Sullivan Information and Communication Technologies Industry Manager Cathy Huang.

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Published 15 December 2013
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Language English
Frost & Sullivan: Adoption of Managed Security Services Rises in APAC to Counter Growing Cyber Attacks

PR Newswire

- Organisations bolster existing security with value-added professional security services