From its 24/7-monitored nuclear bunker location, CIS (launched 10 months ago, and which employs 15 staff) is capitalising on its expertise in physical protection by importing information security skills from partner companies to package e-security products for customers. Baltimore Technologies, DespatchBox, Compaq and Network Associates are some of the partners involved.
The company is now able to provide initial risk assessments of a given customer's IT capability, as well as intruder detection and firewall management. It's also announced two e-services, Chubb Mail and Chubb Courier. The former is a secure e-mail facility which encrypts the contents of any message, while Chubb Courier ensures the message is delivered to the named recipient.
Chubb Information Security's chief executive, Andy Burton, told SMT that the services are being offered on a pay-as-you-go or contractual basis. Burton said: "Security is a major threat to e-business. Any failure in identifying and implementing the correct strategies will damage brand credibility, reduce customer confidence and affect share prices."
Internet traffic is expected to double by 2003 to more than 500 business users, while e-commerce transactions are expected to exceed $300 billion in the same period. Speaking at the launch of the new CIS service Alan Duncan, shadow trade and industry minister, said online security is not just "a nice to have" but "an absolute necessity".
Source
SMT
