Thursday, 17 May 2012
Symantec, SingTel partner for cloud security
Symantec, SingTel partner for cloud security
By Melissa Chua | Nov 18, 2011
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PrintSymantec and SingTel have collaborated on a cloud-based security suite targetted at both enterprises and SMBs.
Dubbed PowerON Security, the suite consists of cloud-based email, Web and endpoint security products from Symantec. Subscriptions are offered on a monthly basis with prices starting at $3 per user per protection type. Customers on the cloud-based email and Web security products enjoy instant-on access to the service, while endpoint security clients are required to first install base software on user machines.
SingTel will also offer customers advice on security policy management pertaining to the service used.
According to SingTel’s cost savings calculation, a 300-user company subscribed to the cloud-based email security service could achieve up to 75% savings over 3 years.
Executive vice president of SingTel’s Business Group Bill Chang cited the growing mobile workforce and companies’ inability to keep up on the security front as reasons behind SingTel’s latest partnership. A Symantec survey that studied the state of enterprise security found 20% of the 300 Singapore businesses surveyed incurred expenses totaling some $100,000 from attacks last year.
Survey findings also showed 51%- 59% of Singapore companies surveyed cited various forms of security issues pertaining to the cloud as being a top concern, with 48%-56% of respondents feeling their IT staff was not sufficiently prepared to handle various cloud-based deployments.
SingTel has some 150,000 cloud users to date and Chang said the carrier aims to grow its cloud segment at a larger than 50% CAGR over the next 3 years. SingTel’s announcement is the latest in a flurry of cloud based services that telcos in the region have rolled out over the past year.
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