A number of securityintrusion detection firms exist in the m

A number of security/intrusion detection firms exist in the market. Research one of these firms and report on its services, costs, and benefits.

1. Would you hire a firm like this for a start-up company?

2. Would you hire one for an established, small company?

3. Would you hire one for a Fortune 1000 company? Why?

Solution

Among the security/intrusion detection firms that exist in the market, I would opt for FireEye Inc which was established in the year 2004 in the US. According to the company website, it is one of the leading companies in intrusion detection and providing security by stopping targeted attacks containing malware. It also provides nextgen firewalls, antivirus, gateways and is an intelligence-led security company. It has 5,800 customers across 67 countries which are almost 40% of the Forbes Global 2000. Through Mandiant solutions, a FireEye company it is protecting against advanced cyber threats and crimes.

As per the information from the website, based on the requirements like alerts per week, false positive rates, the alert capacity of the company, the average duration for investigation and average OPEX for investigation, the price differs. For annual operational expenditure for all alerts it comes around $1,903,200 and for false alerts, it is $19,032. Annual OPEX savings for a company will be $1,446,432.

As per the FireEye website, the benefits of the company are

·        It reduces the risk of cyber-crimes.

·        It helps in crisis management in crucial phases.

·        It evaluates the security system and its effectiveness.

·        It provides in-depth training on how to avoid cyber-attacks.

·        It transforms and enhances the internal cybersecurity operations.

·        It emulates and simulates specific target attacks in advance and prepares the team to deal with it.

·        It keeps the security system intact so that there are no data losses.

·        Have provided services to almost all sectors like financial services, government, healthcare, higher education, retail etc.

·        They investigate the incidents fully and also provide remedies.

1. No, I would not hire a firm like this for a start-up company as it will be too costlier to manage things. Being a start-up, the funding and other expenses need to be looked first.

2. No, I would not hire one for an established, small company as affordability will be a concern.

3. Yes, I would definitely hire one for a Fortune 1000 company because the systems need to be managed as they have a high risk for cyber threats and number of employees are more, products are more and the cyber solutions are must for safeguarding the company’s resources.