Are LATAM Companies Adopting Managed Security Services? Current and Future Investment Scenario

SAO PAULO, Oct. 20, 2014 /PRNewswire/ --

New trends such as cloud computing, mobility and Internet of Things (IoT) are progressively impacting the Latin American managed security services (MSS) market. Indeed, the higher level of data flows have generated new vulnerabilities and driven attacks that are exacerbating companies' security concerns. As the sophistication of Internet attacks escalates in Latin America, managed security service providers (MSSP) are also improving the quality of their services by creating partnerships with other companies to enhance their offers.

Regionally, the lack of awareness regarding the different types of security violations remains the key restraint for the MSS business. In most cases, companies assume that an anti-spam and anti-virus program is sufficient to protect their information technology structure. However, an increasingly complex and voluminous threat environment, ever-changing regulatory compliance frameworks, along with the scarcity of internal IT qualified resources have incentivized organizations to hire MSSPs.

''Companies that adopt current trends and implement innovative technologies are exposed to new and complex security breaches that often open their eyes on the value of MSS. Additionally, security is getting more and more tangled and expensive to be managed in-house, therefore the number of companies turning to MSSPs grows day after day,'' explains Frost & Sullivan IT Research Analyst Mauricio Chede.

The presentation will help attendees:

- Improve their understanding of the competitive landscape in the Latin American managed security services market.

- Learn the key technology trends influencing security investments in the region.

- Discover the major predictions and recommendations related to the future of the MSS industry.

This briefing will benefit IT services and telecommunications providers, software vendors, smartphone/tablet manufacturers and banking & finance companies.

Supporting Resources
For more information about Frost & Sullivan's Information and Communication Technologies practice, please visit: http://www.technologies.frost.com.

Registration

• To attend the briefing, please e-mail Francesca Valente, Corporate Communications, at [email protected] with your full name, job title, company name, company telephone number, company email address and website, city, state and country.
• Receive a recorded version of the briefing anytime by submitting the before mentioned contact details.

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Contact:
Francesca Valente
Frost & Sullivan                                                
+ 54 11 4777 5300                                            
[email protected]

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SOURCE Frost & Sullivan

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