Cisco (CSCO) is betting its charge into the rapidly-growing cyber security industry will reinvigorate its sales as it faces stagnation in the networking equipment business that once propelled it to become one of the of the world’s biggest technology companies.
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The San Jose, Calif.-based giant is harnessing the power of the cloud as it looks to differentiate itself, hoping to break down the walls between cyber-security applications to allow companies to better detect and prevent attacks on their networks.
“Security today for customers has become way too complicated,” David Ulevitch, senior vice president and general manager of Cisco’s security business, told FOX Business. “It’s become very difficult for people to figure out where they have complete coverage of their security profile and where they have gaps. We look at the cloud as a way to really tie things together from an information-sharing standpoint and an automation standpoint.”
Historically, cyber security has