STOCK TITAN

Kyndryl Introduces New Security Edge Services with Cisco

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Kyndryl (KD) and Cisco announced two new security edge services aimed at improving security controls and addressing cyber incidents. The new services include Kyndryl Consult Security Services Edge (SSE) with Cisco Secure Access and Kyndryl Managed SSE with Cisco Secure Access. These services build on the successful partnership between Kyndryl and Cisco, enabling enterprises to transition into a secure access service edge (SASE) architecture. The collaboration aims to provide an exceptional user experience and protected access from any device to anywhere, while helping customers anticipate security incidents using the right tools and capabilities aligned with Kyndryl's cyber resilience framework.
Positive
  • None.
Negative
  • None.

The introduction of Kyndryl's new security edge services, in collaboration with Cisco, represents a significant enhancement in the cybersecurity landscape. As enterprises continue to grapple with the complexities of protecting their digital infrastructure, the integration of Secure Access Service Edge (SASE) architecture into Kyndryl's offerings is a strategic move. SASE converges network security functions with wide area networking (WAN) capabilities to support the dynamic, secure access needs of organizations.

From a cybersecurity standpoint, the modular approach to consulting and implementing SSE architecture is noteworthy. It indicates a shift towards more adaptive security postures that can cater to diverse enterprise environments. The managed services aspect is equally important, as it suggests a trend towards outsourcing complex cybersecurity operations, allowing businesses to focus on core functions while ensuring robust security measures are in place.

From a financial perspective, the partnership between Kyndryl and Cisco to develop new security edge services could be a catalyst for revenue growth for both companies. By offering end-to-end solutions for SSE, Kyndryl is positioning itself to capture a larger share of the cybersecurity market. This could potentially lead to an increase in service contracts and recurring revenue streams, which are highly valued by investors for their predictability and contribution to long-term financial stability.

The co-investment in product development also indicates a strategic allocation of capital towards innovation in cybersecurity, a sector experiencing rapid growth due to increasing cyber threats. This collaboration could enhance both companies' competitive edge and market positioning, possibly reflecting positively on their stock valuations.

The technological implications of Kyndryl and Cisco's collaboration extend beyond cybersecurity. By integrating security into a cloud-delivered service model, Kyndryl is acknowledging the shift towards cloud computing and the need for security to be woven into the fabric of IT infrastructure. The focus on zero trust network principles and support for hybrid work environments underscores the evolving IT landscape where traditional perimeter-based security models are no longer sufficient.

As businesses modernize their applications and move towards resilient networks, the demand for IT infrastructure services that incorporate advanced security measures is likely to grow. Kyndryl's approach to delivering these services through its global network operations centers suggests a commitment to providing scalable and reliable IT solutions that align with current and future enterprise requirements.

NEW YORK, Jan. 25, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest technology infrastructure services provider, today announced two new security edge services developed jointly with Cisco to help customers improve their security controls and proactively address and respond to cyber incidents.

The new security edge services introduced by Kyndryl are:

  • Kyndryl Consult Security Services Edge (SSE) with Cisco Secure Access -- designed to provide a modular and unified approach for consulting and implementing a SSE architecture with Cisco's technology.
     
  • Kyndryl Managed SSE with Cisco Secure Access -- introduces a new category of network security services that integrates security into a cloud-delivered service model. It also offers an end-to-end solution for transition, implementation and managed services of SSE solution with Cisco's portfolio of products and services.

This announcement builds on Kyndryl's successful partnership with Cisco, through which the companies have co-invested and collaborated on a development process to build scalable security offerings. The new security edge services, combined with Kyndryl and Cisco's available SD-WAN services, enable enterprises to build a solid foundation to transition into a secure access service edge (SASE) architecture. Kyndryl then delivers these services and solutions to help customers meet their business needs in areas of application modernization, resilient networks and secure infrastructure with zero trust network and hybrid work.

"Our partnership with Kyndryl has demonstrated the added value Cisco and Kyndryl bring to our shared customers," said Brian Feeney, Vice President, Global Security Partner Sales, Cisco. "With Cisco's technology and Kyndryl's cybersecurity services, we are able to provide our customers with an exceptional user experience and protected access from any device to anywhere."

"As Kyndryl continues to evolve our approach to security and resiliency, we are creating more opportunities to explore innovative solutions with our partners," said Michelle Weston, Vice President of Global Offerings for Security and Resiliency, Kyndryl. "Our collaboration with Cisco enables Kyndryl to help customers better anticipate security incidents using the right tools and capabilities aligned with Kyndryl's cyber resilience framework."

Kyndryl provides the flexibility for businesses through security and resiliency capabilities delivered through Kyndryl's global network operations centers and security operations centers.

For more information about the Kyndryl and Cisco partnership, please visit: https://www.kyndryl.com/us/en/about-us/alliances/cisco 

About Kyndryl
Kyndryl (NYSE: KD) is the world's largest IT infrastructure services provider serving thousands of enterprise customers in more than 60 countries. The company designs, builds, manages and modernizes the complex, mission-critical information systems that the world depends on every day. For more information, visit www.kyndryl.com.

Kyndryl Press Contact
press@kyndryl.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/kyndryl-introduces-new-security-edge-services-with-cisco-302043885.html

SOURCE Kyndryl

FAQ

What are the new security edge services announced by Kyndryl and Cisco?

The new security edge services announced by Kyndryl and Cisco are Kyndryl Consult Security Services Edge (SSE) with Cisco Secure Access and Kyndryl Managed SSE with Cisco Secure Access.

What is the purpose of the new security edge services?

The purpose of the new security edge services is to help customers improve their security controls and proactively address and respond to cyber incidents.

What is the ticker symbol for Kyndryl?

The ticker symbol for Kyndryl is KD.

Who is the Vice President of Global Offerings for Security and Resiliency at Kyndryl?

The Vice President of Global Offerings for Security and Resiliency at Kyndryl is Michelle Weston.

What is the aim of the collaboration between Kyndryl and Cisco?

The collaboration between Kyndryl and Cisco aims to provide an exceptional user experience and protected access from any device to anywhere, while helping customers anticipate security incidents using the right tools and capabilities aligned with Kyndryl's cyber resilience framework.

Kyndryl Holdings, Inc.

NYSE:KD

KD Rankings

KD Latest News

KD Stock Data

6.29B
228.42M
0.7%
73.41%
1.71%
Computer Systems Design Services
Professional, Scientific, and Technical Services
Link
United States of America
NEW YORK