Broadcom’s Symantec Cloud Secure Web Gateway Receives FedRAMP Authorization
Broadcom announced that its Symantec Cloud Secure Web Gateway (SWG) has received FedRAMP authorization, enhancing its portfolio of solutions for the U.S. public sector.
This solution provides comprehensive cloud-hosted security for U.S. federal agencies adopting a Security Service Edge (SSE) architecture. It allows these agencies to migrate security services from on-premises data centers to cloud-native services without sacrificing security.
Symantec Gov Cloud – Web Protection offers flexible deployment options, supporting both on-premises and cloud deployments. It includes features such as Secure Web Gateway, Reverse Proxy, Deep Content Inspection, and more. This authorization aims to protect users, devices, and data from various threats across all locations with a scalable infrastructure.
Rob Greer from Broadcom highlights that this achievement will help federal agencies transition to the cloud securely. Frank Dickson from IDC emphasizes the importance of FedRAMP certification in establishing trust with federal agencies.
- FedRAMP authorization for Symantec Cloud SWG enhances Broadcom's portfolio.
- Supports U.S. federal agencies in transitioning to cloud-native services securely.
- Offers flexible deployment options for both on-premises and cloud environments.
- Includes comprehensive security features like Secure Web Gateway and Deep Content Inspection.
- Improves scalability and performance with a cloud-native infrastructure.
- None.
Insights
FedRAMP Authorization is significant as it ensures that the Symantec Cloud Secure Web Gateway (SWG) solution meets rigorous federal security and compliance standards. This certification allows federal agencies to confidently adopt Broadcom's cloud solutions, which was previously a significant barrier due to the stringent security requirements of the public sector.
From a cybersecurity standpoint, FedRAMP authorization signals a high level of data protection and operational security. It also allows the government to leverage modern cloud-based security tools, enhancing efficiency without compromising security. Broadcom’s ability to offer both on-premises and cloud-native solutions under the same licensing agreement provides flexibility for agencies in different stages of their cloud migration journey. Such adaptability is key for institutions dealing with sensitive and mission-critical information.
This development has a positive impact on Broadcom’s reputation and market positioning, especially in the public sector. It showcases their commitment to meeting high-security standards and their capability to provide versatile security solutions. This could potentially increase their market share and revenue from government contracts, a lucrative segment for cybersecurity services.
The FedRAMP authorization for Symantec Cloud Secure Web Gateway is likely to have a notable impact on Broadcom's financial performance. Government contracts often represent a stable and substantial source of revenue, given the typically long-term nature and significant budget allocations. With FedRAMP in place, Broadcom can now compete more effectively against other providers in the public sector, potentially leading to increased adoption of its services.
Additionally, this certification might influence investor sentiment positively. Investors often view such authorizations as validations of a company’s product quality and its commitment to compliance and security. This might lead to an increase in investor confidence and, consequently, the stock price.
In the long-term, the growing trend of digital transformation within the public sector suggests sustained demand for secure cloud solutions. Broadcom's positioning with FedRAMP authorization could translate into a competitive edge, ensuring continued relevance and revenue growth in this segment.
U.S. public sector entities can now leverage leading web security as they transition to the cloud
PALO ALTO, Calif., June 20, 2024 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ: AVGO) today announced its Symantec Cloud Secure Web Gateway (SWG) solution received Federal Risk and Authorization Management Program (FedRAMP®) authorization, further expanding Broadcom's portfolio of FedRAMP authorized solutions for the U.S. sector. Symantec Cloud SWG delivers comprehensive, cloud-hosted security for U.S. federal agencies adopting a Security Service Edge (SSE) architecture. The solution enables U.S. federal agencies to cost-effectively migrate security services from on-premises data centers to cloud-native services without sacrificing security or designing new policy and workflows.
This FedRAMP authorized service is available as part of Symantec Gov Cloud – Web Protection to deliver one solution with flexible deployment options. Many federal agencies still have requirements to support on-premises security environments as they migrate to the cloud. Gov Cloud – Web Protection uniquely provides cloud-hosted security while also supporting full licensing of Symantec’s network security solutions. Customers can choose to deploy security components on-premises or use the cloud. Gov Cloud – Web Protection includes market-leading Symantec Secure Web Gateway, Reverse Proxy, Deep Content Inspection, Management Center and Cloud Reporting, Intelligence Services for application visibility and control, and Full-Traffic Decryption.
Key Benefits of Symantec Gov Cloud - Web Protection
- Protects users, devices, and data from known and unknown threats across all locations (remote, branch, and HQ). Deploys across a cloud-native, highly scalable, and performance-intensive infrastructure built on top of a leading cloud service provider. This is the same backbone that delivers YouTube, Google Search, and other world-class services.
- Simplify and streamline purchasing, provisioning, training, and management, through simple user-based licensing that supports cloud, on-prem, or hybrid deployments.
- Provides a strong foundation for Secure Access Service Edge (SASE), facilitating secure and fast web access for any user, from any device, from any location.
“Numerous U.S. Federal agencies rely on Symantec security solutions to protect mission-critical data, resources, and thousands of users,” said Rob Greer, vice president and general manager of the Enterprise Security Group at Broadcom. “With Symantec's Cloud SWG solution now achieving FedRAMP Authorized status, these agencies know their security needs are met and they can transition to the cloud at their own pace. We are excited about this achievement that shows our commitment to securing federal agencies and ensuring the highest protection standards are met."
“Obtaining FedRAMP certification is a critical step for establishing trust with U.S. federal agencies moving their infrastructure to the cloud,” said Frank Dickson, Group Vice President, Security & Trust at IDC. “This rigorous certification not only ensures the security and compliance of cloud solutions but also opens a gateway for security solution vendors to better serve the stringent needs of the federal space.”
You can find Symantec Gov Cloud Security on the FedRAMP Marketplace here.
You can find more information on Broadcom’s certification and compliance testing reports here.
About Broadcom
Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom's category-leading product portfolio serves critical markets including cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to www.broadcom.com.
Broadcom, the pulse logo, and Connecting everything are among the trademarks of Broadcom. The term "Broadcom" refers to Broadcom Inc., and/or its subsidiaries. Other trademarks are the property of their respective owners.
Press Contact:
Dan Mellinger
Enterprise Security Communications
+1 408 433 8649
press.relations@broadcom.com
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