Cloud Security Technology Company Cloud Security Corporation Notes Demand for Cybersecurity Products

July 27, 2013
Cloud Security Technology Company Cloud Security Corporation Notes Demand for Cybersecurity Products
Cloud security technology company Cloud Security Corporation has noted an increased demand for Cybersecurity products with a focus on the cloud as threats to cloud computing and mobile security grow. This supports the views of research company Gartner. At the Gartner Security & Risk Management Summit in London in September last year, Gartner suggested the security market is expected to reach a value of $86 billion in 2016.

"The acquisition of Sourcefire by Cisco for $2.7 Billion is another clear signal that cybersecurity continues to be one of the fastest growing sectors in the economy," explained Cloud Security Corporation's President and CEO, Safa Movassaghi. "Companies are willing to pay a premium to acquire security technology to address the growing reliance on mobile technology, increasing use of cloud computing and the rapidly evolving sophistication of cybercrime."

Cloud Security Corporation, a Nevada-based company, develops products in the "remote-access computing" sector, which includes security connections. The company also focuses on online app security, and secure IP to IP connectivity with emphasis on cloud computing. It has developed a range of patented remote access security devices which include MyComputerKey™ - a "secured means for individuals to access a remote machine, and in particular a Cloud based environment from your own desktop computer".

How do you see the security market panning out in the future? Let us know your views. Add your comments below.



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