Security Regulations Prompt Companies To Deploy SSL VPN Devices.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c50157) has announced the addition of "World SSL (Secure Sockets Layer) The leading security protocol on the Internet. Developed by Netscape, SSL is widely used to do two things: to validate the identity of a Web site and to create an encrypted connection for sending credit card and other personal data. VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. Products Markets" to their offering. This Frost & Sullivan research service titled World SSL VPN Markets provides market forecasts and segment analysis for SSL VPN markets along with a competitive analysis of SSL VPN vendors. Market Sectors Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research: -- Network security Technologies The following technology is covered in this research: -- SSL VPN appliances Market Overview Globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation of Businesses Encourages Vendors of Secure Sockets Layer (networking, security) Secure Sockets Layer - (SSL) A protocol designed by Netscape Communications Corporation to provide secure communications over the Internet using asymmetric key encryption. Virtual Private Network Devices The emergence of global enterprises is encouraging vendors of secure sockets layer virtual private network (SSL VPN) devices by aiding exponential aggregate growth rate in the market. Globalization of businesses involves regional concentrations of multinational work forces, growing acceptance of remote employees, and increasingly mobile workers. In such a scenario, enterprises will be compelled to depend on SSL VPN products to refine their business models and leverage access to new consumer as well as labour markets. The increase in the number of remote workers can be attributed to the synergistic relationships between novel communications technologies, greater stress on the global economic infrastructure, and the growing realization among enterprises about the cost and time savings gained through a remote work force. The SSL VPN market is expected to witness a huge boost since many remote workers communicate with their corporate headquarters from more than one location, says the analyst of this research service. Moreover, the increased distribution of global work forces often requires a higher frequency of travel for decision makers, which can be eliminated by using SSL VPN devices. Security Regulations Prompt Companies to Deploy SSL VPN Devices Enterprises need to comply with vertical-specific security legislation continues to be one of the biggest drivers of SSL VPN products. Various regulations and acts including Sarbanes-Oxley, Gramm-Leach-Bliley (GLB (Gramm-Leach-Bliley Act) Enacted in 1999 and effective in mid 2001, the GLB stipulates that every financial institution shall protect the security and confidentiality of its customers' confidential personal information. ), and European directives such as Basel II Basel II is the second of the Basel Accords, which are recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision. The purpose of Basel II is to create an international standard that banking regulators can use when creating regulations affecting the financial sector are aiding the uptake of these devices. The market has benefited even from the Health Insurance Portability and Accountability Act The Health Insurance Portability and Accountability Act (HIPAA) was enacted by the U.S. Congress in 1996. According to the Centers for Medicare and Medicaid Services (CMS) website, Title I of HIPAA protects health insurance coverage for workers and their families when (HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health, ) legislation, which mandates security compliance in the healthcare vertical. Network security, and thereby SSL VPN, has gained added impetus with the passing of the Federal Information Security Management Act (FISMA FISMA Federal Information Security Management Act of 2002 FISMA Federal Information System Management Act ) and Patriot Act, which are aimed at tackling cyber-terrorism. Both the HIPAA and the GLB acts are having an especially positive effect on the application-level remote access gateway market, observes the analyst. These laws provide increased security of data both within and outside the network and vendors are reporting sales derived specifically from these new laws. Although the market is currently riding this crest, the impact of security legislation on the market is likely to wane in the next five to seven years, as fewer industries will have to follow these regulations. For more information, visit http://www.researchandmarkets.com/reports/c50157 |
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