The cybersecurity giant McAfee has released details of its network security strategy to give enterprises a secure and cost effective security solution.

McAfee’s new network security strategy has been developed to address the needs and desires of business and enterprises. Many of these concerns are focused around the slowdown in today’s economy, which appears to be driving cybercriminals to be more and more of a threat to businesses’ cybersecurity.

In conjunction with Purdue University, McAfee has discovered that businesses worldwide are losing an estimated one trillion dollars a year through cybercrime. Malware is on the rise, with McAfee reporting that in the year 2008 they saw more new malware than in past years combined.

McAfee has therefore responded to the growing concerns and worries of its consumers, by ensuring that their security solutions are cost effective and come from a single vendor.

Dan Ryan, executive vice president of Network Security Business Unit at McAfee, said: “From conversations with our customers, it is clear that enterprises spend an enormous amount of time, money and administrative overhead managing multiple security products. McAfee’s comprehensive line of network security products eliminates the need for multi-vendor solutions and ensures the absolute lowest total cost of ownership available today.”

The McAfee strategy integrates all areas of McAfee’s portfolio of products, including: network firewalls, web and e-mail security, data loss prevention, and McAfee ePolicy Orchestrator provides a centralised security management console. The security is maintained by McAfee’s global threat intelligence, which is powered by McAfee Avert Labs.

Chris Christiansen, vice president, Security Practice, IDC: “Organizations must take a more unified approach to security. The days of managing network defence, Web and messaging security and data security as separate activities simply won’t succeed in today’s economic and threat environment. Effective Network Security must have global intelligence and must be integrated into the broader organizational security management infrastructure. Vendors that deliver these levels of integration in a complete suite will be successful as this will lower overall cost of ownership for organizations. For the next three to five years, reducing cost of ownership will drive security investments.”

McAfee is delivering their strategy within their Network Security Business Unit.

Guest Article by Neil Camp