The security information and event management market is expected to grow at a CAGR of 12% during the forecast period. Increase in cybercrime, drivers.2, and drivers.3 are some of the significant factors fueling security information and event management market growth.
Increase in cybercrime
McAfee LLC - Key news
M&A, divestitures, JVs, and partnership In February 2020, the company announced the extension of its partnership with Samsung to protect consumers’ personal data and information from online threats. Key hiring, CEO, and BU heads In January 2020, the company announced the appointment of Peter Leav as the new chief executive officer, effective February 3, 2020.
In December 2019, the company announced the appointment of Kathy Willard to its Board of Directors. Product launches In February 2020, the company announced the introduction of McAfee MVISION, a Unified Cloud Edge (UCE) platform that provides unified data and threat protection from device level to the cloud.
In December 2019, the company announced the launch of Cloud Access Security Broker (CASB) and Cloud Security Posture Management (CSPM) security solution to increase security of container-based applications.
