TIPPINGPOINT UNVEILS MANAGED SECURITY SERVICE OFFERING THROUGH ALLIANCE WITH COUNTERPANE
New Service Gives Customers Greater Flexibility for Management of Large-Scale
Intrusion Prevention System Implementations
Austin, Texas - May 1, 2006 - TippingPoint, a division of 3Com and the leader in
intrusion prevention, today launched a managed security service (MSS) for the award-
winning TippingPoint Intrusion Prevention Systems (IPS), enabling enterprises to cost-
effectively outsource and centralize the 24x7 management and monitoring of global,
multi-site IPS deployments for a complete view of the organization's security health. The
new service, available worldwide today, is the culmination of an alliance with
Counterpane, the leading managed security company that supports over 550 enterprise
networks and monitors data collected from more than 150 countries.
Tom Dunbar, global IT chief security officer of XL Global Services and a joint
Counterpane-TippingPoint customer, said, "We are extremely pleased with the superior
support and security we received from using award-winning, best-of-breed technology
from TippingPoint and global management and security expertise of Counterpane. The
companies have worked together as an integrated team to provide us with quick response
times and access to information."
According to Gartner, the managed security service market was expected to
generate over $1 billion in revenue for 2005.1 Managed security services provide large
enterprises with 24 hour-a-day monitoring, management, and correlation of security
events from multiple devices at geographically dispersed locations for maximum
visibility into possible threats. By outsourcing the management of multiple security and
network devices, enterprises can obtain a holistic view of the network health and security
posture.
Managed services can be used to obtain and show compliance with regulatory
requirements like Sarbanes-Oxley, the Health Insurance Portability and Accountability
Act (HIPAA), and Gramm-Leach-Bliley Act (GLBA) through reporting and documented
processes. TippingPoint Intrusion Prevention Systems can also be used to comply with
"best practice" regulations because they preemptively prevent worms, viruses, Trojans,
Denial of Service attacks, Spyware, Phishing, and VoIP threats.
"The benefit of an IPS managed service over that of a traditional intrusion
detection managed service is that it provides a proactive solution, blocking threats before
damage occurs through real-time security intelligence, change control, and device
management," said Don Ward, vice president of services and support for TippingPoint.
"This alliance is changing the MSS model from incident response to proactive mitigation.
Many global customers have requested a managed IPS service to cost-effectively
maintain real-time network and security health through 24x7 monitoring and event
correlation at multiple, geographically-dispersed sites."
In addition to providing managed security services for IPS platforms, the
combined service from TippingPoint and Counterpane will provide management of other
third party data center server resources and network devices so customers can aggregate
events and correlate information in the core and perimeter portions of the network. This
centralized information will give enterprises instant visibility into the general health of
the network and possible threats, providing a strong value proposition to customers. By
combining the management of IPS with firewalls, intrusion detection systems, and other
network devices and data center assets, enterprises can cross-reference the information to
optimize their IT investments and reduce operating expenditures.
As part of the alliance, TippingPoint equipment will be incorporated into
Counterpane's existing Security Operations Centers (SOC) to provide premiere 24x7
monitoring and management support of the TippingPoint IPS product line. Counterpane's
SOC engineers will have direct access to TippingPoint's premier support, training, and
escalation security engineers at TippingPoint headquarters. This will ensure the same
high quality performance and security of on-premise management with 24x7 SOC
personnel monitoring all aspects of network security to meet enterprise mission-critical
Service Level Agreements.
"Counterpane and TippingPoint both have a strong reputation for in-depth
security expertise and a similar client base comprised of Fortune 1000 enterprise
customers," said Bruce Schneier, Chief Technology Officer and Founder at Counterpane.
"As recognized leaders in the managed services markets and intrusion prevention
markets, we believe that we have put together an unsurpassed service offering that is
bound for success."
To inquire about TippingPoint Managed Security Services, contact TippingPoint
at 888-TRUE-IPS.
About XL Global Services
XL Global Services Inc. and its sister companies provide shared services functions
such as Information Technology support to the XL Capital group of companies.
XL Capital Ltd (NYSE:XL), through its operating subsidiaries, is a leading
provider of insurance and reinsurance coverages and financial products and
services to industrial, commercial and professional service firms, insurance
companies, and other enterprises on a worldwide basis. As of June 30, 2005, XL
had consolidated assets of approximately $53.3 billion and consolidated
shareholders' equity of approximately $8.4 billion. More information about XL is
available at www.xlcapital.com.
About Counterpane
Counterpane is the world's leading protector of networked information - the inventor of
outsourced security monitoring and the foremost authority on effective mitigation of
emerging IT threats. With the most comprehensive view available of global information
security events, Counterpane offers customers the earliest possible warning of internal or
external threats to their information security and availability, as well as the expert counsel
required to successfully mitigate such threats. Counterpane's managed service model and
technology products provide information-intensive organizations the security they require
to collaborate with ever-increasing numbers of partners, customers, suppliers, investors
and government regulators. The company is privately held and headquartered in
Mountain View, Calif.
About TippingPoint, a division of 3Com
TippingPoint, a division of 3Com, is the leading provider of network-based intrusion
prevention systems. The TippingPoint IPS is the most decorated in its industry. For a full
list of awards, visit http://www.tippingpoint.com/products_certifications.html. Our
innovative approach offers customers unmatched network-based security with ultra-high
performance, scalability and reliability. TippingPoint is based in Austin, Texas, and can
be contacted through its website at www.tippingpoint.com or by telephone at 1-888TRUE-IPS.
About 3Com Corporation
3Com Corporation (NASDAQ: COMS) is a leading provider of secure, converged voice
and data networking solutions for enterprises of all sizes. 3Com offers a broad line of
innovative products backed by world class sales, service and support, which excel at
delivering business value for its customers. Through its TippingPoint division, 3Com is
the leading provider of network-based intrusion prevention systems that deliver in-depth
application protection, infrastructure protection, and performance protection for corporate
enterprises, government agencies, service providers and academic institutions. For further
information, please visit www.3com.com, or the press site www.3com.com/pressbox.
Copyright 2006 3Com Corporation. 3Com and the 3Com logo are registered trademarks and
TippingPoint is a trademark of 3Com Corporation or one of its subsidiaries. All other company and
product names may be trademarks of their respective holders.
1. "Magic Quadrant for MSSPs, North America, 2H05," Gartner, December 30, 2005.
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