HP releases new security products

hp_ceo.jpgHewlett Packard has announced new releases of its application security software designed to help companies lower costs and protect against malicious web attacks by hackers.

The new offerings are part of HP Application Security Center, a suite of software and services that helps companies ensure the security of their web applications by helping them discover, fix and prevent vulnerabilities that can be exploited by hackers.

“The cost of application security breaches, especially those that result in data being compromised, can be substantial,” said Chenxi Wang, principal analyst, Security and Risk Management, Forrester Research, Inc.

“Forrester estimates that cost per record for a security breach is approximately $305 for companies in a highly regulated industry. This cost can be prohibitively high for companies that handle hundreds of thousands or millions of data records.”

HP said with the new offerings from HP, IT executives can prioritize security issues by identifying the assets and data that matter most to their business. This approach allows organizations to focus their limited security resources on issues that have the greatest business impact, it added.