PricewaterhouseCoopers reported that Canadian organizations are eight per cent less likely to know if they've had a security incident compared to their global counterparts, the security SaaS market grew 70% in 2009, RSA launches a cybercrime intelligence service for enterprises, Juniper Networks shows off, and Cisco Systems donates network security solution to Concordia University.

A total of 39% said they were unaware of any breaches, and of those that know something went wrong a full 46% aren’t certain what happened.

Globally, six out of 10 firms said they expected to see security spending stay the same or increase. Of the less than half worldwide who are planning to cut spending, most are deferring by less than six months and reducing budgets by no more than 10%.

Canadian respondents showed higher concerns around business continuity and disaster recovery, but they have been more cautious regarding data loss prevention (DLP). According to PwC, 34% of Canadian organizations have a DLP tool in place, compared to 44% globally.

PwC also examined the most common items that are exploited or stolen, finding that 91% of Canadian respondents cited mobile computers, compared to 71% around the world.

Security SaaS market up 70% in 2009

Market research firm Infonetics Research released the first edition of its 2010 biannual Managed Security Services and SaaS market size and forecast report. According to Jeff Wilson, principal analyst for security at Infonetics Research, "Despite the global economic meltdown that started in mid-2008, the security services market is strong and growing. The primary market drivers for security services include increasing global demand from organizations of all sizes due to the proliferation of security threats of all types; the complexity of current security solutions; widespread use of diverse devices; and the desire of product manufacturers and service providers to add recurring revenue and improve margins.”

Highlights of the report were: managed security service revenue totaled $9.4 billion in 2009, up 12% from 2008; service provider managed firewalls continue to be the bread and butter services among CPE-based security services; worldwide revenue derived from security services delivered via SaaS grew 70% in 2009; SaaS revenue is forecast to grow from 10% of total security service revenue in 2009 to 22% in 2014, with cloud-based and CPE-based security services making up the balance; North America accounts for 41% of worldwide managed security service revenue in 2009.

New RSA cybercrime intelligence service to help enterprises

RSA, the security division of EMC, announced the new RSA CyberCrime Intelligence Service designed to help organizations identify computers, information assets and identities compromised by Trojans and other online attacks. The managed service is powered by the RSA Anti-Fraud Command Center. It is designed to help IT professionals further understand and isolate possible points of exposure within their enterprise environments so they can adjust security controls and close gaps to better protect their organizations against the theft of corporate resources by fraudsters.

Juniper Networks shows of security solutions

At Infosecurity Europe 2010 in April 27-29, 2010, Juniper Networks showcased its “The New Network is Secure” philosophy. During the event, Juniper demonstrated Junos Pulse, the company's integrated multi-service network client software. Junos Pulse is promoted by Juniper as the industry's first downloadable client software that provides secure connections across smartphones, notebooks and netbooks as well as non-mobile devices to a broad range of corporate applications. Leveraging SSL VPN technology, Junos Pulse “delivers world-class security for services in an integrated, extensible client that enables new service models for both the enterprise and service providers”.

Cisco donates network security solution to Concordia University

Concordia University announced announced the donation of a comprehensive network security solution valued at more than $400,000 from Cisco Canada to Concordia's Faculty of Engineering and Computer Science. The solution will be located in the new Cisco Network Security Laboratory at the Concordia Institute for Information Systems Engineering (CIISE).