Secure Computing Named Worldwide Leader of the Web Security Appliances Segment by Leading Market Research Firm
02 September 2008 - 10:00PM
Marketwired
Secure Computing Corporation (NASDAQ: SCUR), a leading enterprise
gateway security company, today announced that it has been named
the worldwide market leader for Web security appliances, according
to leading market research firm IDC. New data within the August
2008 IDC report, "Worldwide Web Security 2008-2012 Forecast and
2007 Vendor Shares" shows that Secure Computing owns 11 percent of
the worldwide Web security appliance market over all other vendors,
including Blue Coat, McAfee and Trend Micro.
According to the IDC report, the Web security market consists of
three distinct segments: software, appliances and hosted services.
The appliance segment of the Web security market space reached
$256.7 million in 2007 and is projected to hit $745.4 million
within the next five years. IDC forecasts an estimated compound
annual growth rate (CAGR) of 23.6 percent per year for the next
five years. The Web security appliance sector is thereby projected
to outpace the Web security software sector by more than a three to
one ratio. With Secure Computing leading the way in the appliances
space, the company is positioned to capitalize on this forecasted
growth. Additionally, this leadership position validates ongoing
efforts by the company to protect against and address growing Web
2.0 concerns.
In October 2007, Secure Computing spearheaded the "Secure Web
2.0 Anti-Threat" (SWAT) initiative to help businesses implement a
preemptive security architecture that protects their environments
as existing Web and messaging threats increase and new threats
arise. As IDC states in the report, "the Web has become the new
threat vector of choice by hackers and cyber criminals to
distribute malware and perpetuate identity theft, financial fraud
and corporate espionage."
"Secure Computing's leadership in the Web security market is due
to its ability to offer a complete portfolio of Web Gateway
Security appliances that protect enterprises from Web 2.0 threats,"
said Brian Burke, program director for IDC. "In addition to highly
sophisticated heuristic and signature-based techniques, Secure
Computing employs TrustedSource(TM) global reputation-based
technology, which monitors the behavior of Internet entities in
real time and assigns reputation-based scores to provide preemptive
protection against viruses, spyware and other malware at the
source, even before signatures are available."
According to IDC, Web security includes Web filtering products,
Web anti-malware products, Web application firewall products and
Web content filtering products. Web security products are deployed
on software, appliance and hosted service platforms. Web security
products protect against both inbound (malware) and outbound (data
leakage) threats.
Secure Computing's leadership in this market is fueled by
demands from enterprises for a comprehensive, integrated security
solution that can help address a variety of security requirements
with reduced cost and management complexity.
"We are honored that IDC has recognized Secure Computing as the
leader in the Web security appliance market," said Ken Rutsky, vice
president of marketing for Secure Computing. "Our leadership
position underscores our commitment to providing customers with the
key capabilities needed for comprehensive Web protection today,
including malware protection, application control and advanced Web
filtering."
About Secure Computing's Web 2.0 Initiative
Using research results and global threat data from its
industry-leading reputation system TrustedSource, Secure Computing
launched "SWAT," the Secure Web 2.0 Anti-Threat Initiative. This
initiative was announced in October 2007 and aimed at raising
awareness of Web 2.0 threats, providing essential guidance on
threat protection and delivering leading solutions that help
organizations protect themselves in today's environment. As part of
SWAT, Secure Computing offers research findings, best practices,
design criteria, white papers, product information and more. To
visit the SWAT Website, please visit
www.securecomputing.com/SWAT.
About Secure Computing Corporation
Secure Computing Corporation (NASDAQ: SCUR), a leading provider
of enterprise gateway security, delivers a comprehensive set of
solutions that help customers protect their critical Web, email and
network assets. Over half the Fortune 50 and Fortune 500 are part
of our more than 22,000 global customers, supported by a worldwide
network of more than 2,000 partners. The company is headquartered
in San Jose, Calif., and has offices worldwide. For more
information, see http://www.securecomputing.com.
All trademarks are the property of their respective firms.
This press release may contain forward-looking statements which
are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Investors are cautioned
that these forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially
from current expectations. For example, there can be no assurance
that demand for the company's products will continue at current or
greater levels, or that the company will continue to grow revenues,
or be profitable, or that the company will be able to motivate and
retain key employees, staff current and future projects in a
cost-effective manner, or effectively control its marketing,
research, development and administrative costs. There are also
risks that the company's pursuit of providing network security
technology might not be successful, or that if successful, it will
not materially enhance the company's financial performance; that
changes in customer requirements and other general economic and
political uncertainties and weaknesses in geographic regions of the
world could impact the company's relationship with its customers,
partners and alliances; and that delays in product development,
competitive pressures or technical difficulties could impact timely
delivery of next-generation products; and other risks and
uncertainties that are described from time to time in our periodic
reports filed with the Securities and Exchange Commission. The
company specifically disclaims any responsibility for updating
these forward-looking statements.
CONTACTS: Sarah Tolle Secure Computing Corporation 408-494-2076
Email Contact Paula Dunne Contos Dunne Communications LLC
408-776-1400 408-893-8750 cell Email Contact
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