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Ireland Seeks to Attract Multinational Security Companies

Ireland is hoping US-based security companies will try their luck by establishing their European hubs in the island nation. Calling itself the “Silicon Valley of Europe” with security companies such as McAfee, Symantec and FireEye already hosting European operations there, Ireland’s governmental Industrial Development Agency (IDA), is promoting additional foreign direct investment in the security…

Global Cybersecurity Market to Hit $120.1 Billion by 2017

The global cybersecurity market will reach $120.1 billion by 2017, according to a new forecast from market research firm Markets and Markets. The firm’s report focuses on a wide array of technology and solutions used to defend against cyber-attacks, and includes the following: identity and access management, risk and compliance management, data encryption, data leakage prevention,…

Numerous Companies Compete for Position in Evolving Network Security Space

Both early stage and longstanding security vendors jockeyed for position in the evolving network security space at the RSA 2014 security conference. Companies including Narus, FireEye, Cyphort and Securonix, along with Fortune 500 companies such as Hewlett-Packard, demonstrated and discussed their newest security solutions. Network security vendors were eager to persuade potential customers that their…

Verizon’s New Cyber Intelligence Center Offers Advanced Incident Response, Detection

Verizon Communications Enterprise Solutions last week launched a new Verizon Cyber Intelligence Center (VCIC) to offer organizations advanced incident response and detection capabilities. The VCIC will offer global organizations advanced warning of potential cyber-attacks as well as provide information necessary to assess and respond to cyber-threats, said Chris Porter, leader of the Verizon RISK team…

Cylance Enters End-Point Protection Space

Cylance is a new vendor in the end point protection space. They caught my attention with a completely new way to discover malware on Windows devices. In addition to launching their CylancePROTECT product this week they just announced a $20 million funding round from Blackstone, Khosla Ventures, Fairhaven Capital and private investors. There are now four ways to identify malware. The…