145 Balance Sheet and Capital Allocation. 138 Check Point Software.141 Market Backdrop.143 Company Background. 135 Current Outlook.135 Valuation.136 Risks. 63 Glossary.121 Barracuda Networks.125 Company Overview.127 Balance Sheet and Capital Allocation. 61 Key Private Security Companies to Watch. 54 Comparable Analysis of Public Security Companies. 44 M&A Outlook.45 Key Drivers of Investing in Security. 42 Evaluating Vendors’ Positioning to Benefit From Next-Generation Security. 41 Consumer Market Disrupted by Tablets and Freemium Model.42 Regulation Driving the Need for Compliance Checks. 11 Cloud-Based Security Is Growing Much Faster Than The Traditional Model.27 Data and Application Protection.30 Cloud Computing Implications for Security. 5 Security Industry View.6 Key Points.7 Security Market Backdrop: New, More Sophisticated Threats Driving Demand for Better Technologies. For Important Disclosures on the stocks discussed in this report, please go to. Refer to pages 190☑97 for Important Disclosures, including Analyst's Certi®cation. (212) 885-4159īrett Fodero BMO Capital Markets Corp. Security 2014 and Beyond: An Evolving Threat Environment in a Mobile, Cloud, and Virtual Worldĭecember 2013 Joel P.
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