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+ Techno World Inc - The Best Technical Encyclopedia Online! » Forum » THE TECHNO CLUB [ TECHNOWORLDINC.COM ] » Techno News
 Compliance, fraud and management market growing rapidly
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Compliance, fraud and management market growing rapidly
« Posted: July 29, 2008, 08:59:24 PM »


Compliance, fraud and management market growing rapidly

Security information and event management solutions, which includes compliance, forecast to grow rapidly

ArcSight set for UK growth with appointment of Wick Hill as first UK distributor

Woking, Surrey: 29th July 08 - Wick Hill has been appointed the first UK distributor for US company ArcSight,  a leading provider of security and compliance management solutions that help organisations comply with regulatory policies and control security risks. This appointment signals further significant UK expansion for ArcSight, a leader in this SIEM (Security Information and Event Management) market.

Compliance is becoming an increasing concern for many companies, with more and more regulations, such as PCI (Payment Card Industry), coming into force. The SIEM market is one of the fastest growing security sectors, with IDC forecasting a compound annual growth rate of over 23%.

ArcSight solutions are able to discover, in real-time, the most critical threats to organisations,  as well as manage and report on regulatory compliance, allowing companies to prove they are compliant when asked to do so.

The solutions are vendor independent, with the ability to collect security event information from geographically dispersed security devices and other critical IT systems across an organisation, correlating heterogeneous products to identify true security threats. In doing so, they can help prevent data leakage and data theft, while supporting intrusion prevention and business continuity.

Ian Kilpatrick, chairman Wick Hill Group, commented: “Security information and event management is a key requirement for many organisations in fraud and data loss prevention, as well as compliance. We’re delighted to be partnering with ArcSight in this fast growing market”

Fabian Libeau, EMEA marketing director for ArcSight, said: “PCI, data loss and fraud continue to increase and this is creating a real need for appliance-based solutions, such as those from ArcSight, which can easily and effectively deal with these growing issues.”


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