The Hindu Business Line : `Managed security market poised for growth'

Indian enterprises, particularly the small and medium-sized, are poised to take to outsourced managed security services option, according to Trend Micro, a security software and solutions provider.

While there has emerged a necessity to localise some of the security requirements calling for some customisation, the investments in the security market are poised to grow significantly driven by compliance requirements, as more and more companies go global.

The Country Manager India and SAARC of Trend Micro, Mr Niraj Kaushik, said the company has tied up with HCL to offer managed services in the Indian market.

The security market here is poised for growth, wherein apart from information technology services and business process outsourcing companies, banking and financial services providers and telecom are verticals that are forced to invest in security. Lately, the Government business has opened up a huge market, Mr Kaushik said.

"As a security provider we have noticed that security breaches are getting increasingly local in their nature and form. This is because hackers want to tap into the local market opportunity. This only means that we could potentially have security breaches in some languages such as Hindi or Gujarati, which enterprises may not be geared up to tackle. This opens up challenges for IT managers," he said.