According to Frost & Sullivan, the global market for managed security solutions is projected to increase from $7.9 billion in 2012 to $15.6 billion in 2016, growing at a compound annual rate of 18.6%.
"The increased complexity of managing today's internal and external threats, coupled with more stringent compliance requirements, has led enterprises to outsource security management," said Martha Vazquez, network security analyst at Frost & Sullivan. "Level 3's vast experience operating a global IP network uniquely positions it as a provider of security solutions. By leveraging its proven service management and threat analysis capabilities, Level 3 is able to give customers the peace of mind they seek from their service provider, protecting vital network resources and ensuring the continuity of business operations."
Anthony Christie, Level 3's CMO, said that the combination of security plus transport solutions can give customers a better approach to their overall security infrastructure.
“Our network was designed and constructed in the ground, with diverse routes and other structural protection,” he said. "Additionally, our integrated CDN and network infrastructure, firewalls and capabilities are combined with redundant layers of advanced, proprietary protocols and algorithms that extend to the cloud."
The new portfolio introduces a number of new security standards and solutions, ranging from botnet scanning to digital identity of threats. Also included are vulnerability scanning, DDoS blocking and cleansing, proactive alerts, incident reporting, site-to-site remote user access, content filtering, anti-virus, anti-spam and firewall and intrusion prevention.
"We believe we have access to more security threat data than anyone in the industry, enabling us to identify and address threats before they attack a customer's network," said Dale Drew, Level 3's senior vice president and chief security officer. "Managing cyber security in today's network environment requires broad visibility and the analysis of very large volumes of information. We are delighted to offer our customers a comprehensive portfolio of security solutions that is designed to minimize network risks, reduce administrative complexity and protect their data and brand."