Hewlett-Packard Co. has introduced a variety of new computer security software in view of making use of the past year’s $14 billion in acquisitions.
The software, geared toward helping customers operate their data centers, includes: Fortify Software Security Centre – a product testing the susceptibility of applications to attack; ArcSight Express 3.0 – a computer hardware/software bundle searching for cyber attacks within network activity logs and users’ actions; and Tipping Point Web Application Digital Vaccine – a software detecting harmful network traffic.
By year end, the company anticipates buying the search company software Autonomy Corp. for around $10 billion.
Further efforts to make the best use of the Arcsight, Fortify and Tipping Point security platforms include reporting tools, analytics software and training services. For instance, the HP Enterprise Security Discovery workshop is designed to train administrators, IT staff and executives on a company’s IT infrastructure and discuss future developments.
Additionally, the DVLabs Cyber Security Risk Report is a program that will analyze and report on trends revealed by customer reports and HP tests.
Expanding Beyond PCs
Hewlett-Packard Co. (HP) is already established as a global leader in the production of personal computers (PCs). However, its recent acquisitions are part of its efforts to expand beyond PCs and better establish itself in the data-center equipment and software market.
Specifically, HP CEO Leo Apotheker intends to increase the company’s role in supplying IT security to large corporations. Some of HP’s recent actions, including cutting sales forecasts three times and backing out of plans to create new smartphones and tablets using its WebOS software, have caused investor concern; accordingly, HP’s current share price is $22.94, down almost $10 from $31.29 on August 17.
HP execs are doing their best to convince outsiders of the soundness of their current and upcoming projects within IT security.
HP Following Security Trends
Jan Zadak, executive vice president of global sales, promises that HP’s acquisitions are based on customer needs, and that the company’s reputation in the PC industry should boost sales of its newer software products.
Rebecca Lawson, HP’s director of worldwide cloud services adds that the company has seen an increase in reported web application errors, which lead to significant data breaches.
A Ponemon Institute study found a 44% increase in the number of cyber attacks against 50 large companies from 2010 to 2011; the costs to manage these attacks also increased by 56%. HP is banking on the possibility that with companies facing more security challenges from cloud computing – and workers’ mobile devices in the workplace, IT security will be a major market in the future.
Perhaps bolstering HP’s presence in the IT security world, it hosted a record number of security professionals on Sept. 9, at HP Protect 2011 – its seventh annual cyber-security symposium.
Key Facts & Statistics – Global Software Security Market (source: Gartner)
- With an increase from over $14.5 billion in 2009 to $16.5 billion in 2010, the global software security market demonstrated a 12% increase.
- Symantec continues to lead the market with a 19% market share; together, large vendors Symantec and MacAfee hold 30% of the market share.
- Second-tier company, EMC, rose by around 26% in the previous fiscal.
- Growing in the double digits were divisions such as security information and event management (SIEM) and secure web gateway products.
- In 2010, web access management and endpoint security grew in the single digits