 "Cisco launches new firewall security solution for enterprises")
This is the industry's first threat-focussed Next-Generation Firewall (NGFW) that integrates the features of application control, intrusion prevention systems and advanced malware protection from its Sourcefire acquisition, the company said.
"The number of attacks have grown at an unprecedented pace. There are challenges with traditional defence as they are often in boxes. Our solution changes this, taking a visibility-driven, threat-focused and platform-based approach," Cisco Managing Director (Security Sales APJC) Stephen Dane told reporters on a teleconference.
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It delivers full contextual awareness of users, mobile devices and apps and provides users with dashboards and drill-down reports of discovered hosts, suspect applications, threats, and indicators of compromise for comprehensive visibility, he added.
"With continuous analysis, the solution provides detection, blocking, tracking, analysis, and remediation capabilities to protect against the full spectrum of attacks, known and unknown," Cisco Security Head Sales (India and SAARC) Pravin Srinivasan said.
He added that security budget as part of the IT spending by Indian firms is also on the rise as they want to stay prepared against the rising number of cyber attacks.
"Be it banking, telecom or IT, every vertical is investing in security. In fact as percentage of the IT budget, security spends have gone up from 1-2% a few years ago to as much as 5-10% in some cases," he said.
Srinivasan said even government is investing heavily as it looks to deliver e-governance services and carry out initiatives like smart city projects in a secure manner.