Powered by eIQnetworks Program Allows MSSPs to Meet Growing Market Demand for Comprehensive Security Event Management, Log Management, Forensics Analysis, and Regulatory Compliance Reporting for Sarbanes-Oxley, GLBA, HIPAA and FISMA Acton, Mass.
April 19, 2005 eIQnetworks, Inc. (www.eiqnetworks.com), a pioneer of comprehensive security and systems management solutions for the enterprise, today announced it is expanding its global partner strategy with the formal launch of a specialized Advantage MSSP Partner Program focused on helping Managed Security Service Providers deliver new revenue generating value added services such as Regulatory Compliance, On-demand reporting, Security Event Management, Log Management and Forensic Analysis. The eIQ Advantage MSSP Partner Program builds upon the Companys existing worldwide channel, providing formal programs, sales and marketing tools and incentives tailored to meet the requirements for this strategic, highly focused and burgeoning market.
According to industry research, the global security market for Managed security services was $2.3 billion in 2004, with 2005 estimates already dwarfing last year. The alarming trend in security breaches coupled with stringent regulatory compliance requirements is resulting in enterprise customers seeking help from service providers who have the expertise and knowledge to help deal with multi-functional and cross platform security devices and systems. Managed Security Service Providers (MSSPs) are increasingly helping enterprise customers improve operations and performance of security processes, including augmenting in-house operational staff, enhancing security response, reducing operational expenses and improving security processes and strategies.
In our business, staying ahead of the technology curve is critical to protecting our clients enterprise assets. However, in todays environment of escalating and accelerating security threats, it has become business critical that we deploy the most comprehensive real-time monitoring, alerting, forensics and reporting technology available, said Joe Young, president and chief executive officer of Global Data Systems Inc., a Pembroke, MA-based provider of managed security and information management services. If our clients are in the headlines, that means its too late; they been compromised. eIQnetworks enables us to redefine the technology curve with a security event management solution so thorough, it enables us to be proactive and preemptive in dealing with any threat to our clients enterprise.
Indiana-based Catalyst Technology Group (CTG) has partnered with eIQnetworks to provide a strategic layer of security event management capability to its depth and breadth of managed security services.
At CTG, we deliver a wealth of security detection and protection services; but those services can quickly be rendered useless without comprehensive, actionable monitoring, alerting and reporting capabilities, said Neil Issa, president of Catalyst Technology Group, Inc. eIQnetworks Network Security Analyzer, combined with our specialized
