No, I don't believe so. If you look at markets over the years, most go through two to three phases. You go from a best-of-breed model to a best-of-suite model. Ultimately it consolidates more and you end up with two or three large companies that dominate the landscape.
The security industry is so nascent. We are just moving from best-of-breed model to best-of-suite model. And McAfee has been leading the way. Eighteen months ago we launched TOPS (Total Protection Suite) for consumers, midmarket and enterprise. We're way ahead of Symantec and others who are trying to do that now.
Antivirus software is a commodity these days, yet it still drives half of McAfee's revenues. Are you comfortable with this situation?
One of the challenges McAfee has is misperceptions about the company. It's not true that 50 percent of our revenue comes from AV. About 50 percent comes from the consumer business, but that's not just the AV part of the business. We have a suite approach to products for the consumer: antispam, anti-spyware, desktop firewall, HIPS, data loss and protection. The other half of the business is enterprise. About 50 percent of our revenue comes from the enterprise.
Information leak prevention is a new growth area in the security market. Are there opportunities for McAfee here?
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IT leaders should heed the guidance of cybersecurity insurance providers who think businesses should prioritize security education, incident preparedness, regular internal audits, and ongoing vulnerability scanning and patching.
