Security breaches and cyber attacks cost businesses billions in lost revenue and recovery costs every year. It’s not surprising to see Cisco making the latest move to enhance their own security group with the recent acquisition of Sourcefire. Sourcefire provides best of breed NGIPS, Advanced Malware Protection and endpoint protection and is highly recognized a leader in cyber security initiatives.
The Sourcefire NGIPS is ranked in the Gartner Intrusion Prevention Systems Leader quadrant and consistently achieves high marks by NSS labs on its overall security effectiveness.
Cisco recent acquisition of Sourcefire fortifies their cyber security portfolio by adding the best of breed NGIPS and malware solutions. This is a great strategic play by Cisco and a game changer as Cisco is now able to compete against the best of breed standalone security products. This acquisition will force the competitors to rethink their strategy to compete against Cisco’s new cyber security portfolio offering. In the short-term, it certainly puts security at the forefront of technology priorities once again. Most will agree, threats are persistent and continue to push businesses to remain agile and persistent.
Related Press Release: Cisco has announced they are acquiring SourceFire to enhance the Cisco Security Group - http://newsroom.cisco.com/release/1225204