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Helsinki, Finland – May 18, 2021: Today, cyber security provider F-Secure launched F-Secure Elements: a new cloud-based platform that streamlines how organizations provision cyber security services. Available from F-Secure’s service partners with fixed-term license subscriptions, or usage-based billing for greater flexibility, F-Secure Elements empowers organizations to pick cyber security services on terms that accommodate their needs.
Many organizations operate in complex environments dominated by a range of dynamic risks and opportunities. Keeping these complexities in mind, as well as the rising costs of security and the lack of experienced security professionals, it’s no surprise that an overwhelming number of organizations want to simplify how they source cyber security capabilities.
F-Secure Executive Vice President of Business Security Juha Kivikoski says these demands are driving a shift toward providing cyber security as services rather than products.
“Even with updates, products are static and can’t adapt fast enough to keep up with threats, or businesses, as they evolve. Services help businesses stay agile and are more cost-effective when delivered right, which is why the future of our industry is in delivering everything as a service,” he explained. “Having a platform designed for the servitization of cyber security can help organizations get better protection, which is why simplicity and flexibility are F-Secure Elements’ core design principles.”
F-Secure Elements is a modular platform that combines endpoint protection, endpoint detection and response, vulnerability management, and collaboration protection for cloud services (such as Microsoft Office 365).
F-Secure Elements’ key capabilities and benefits include:
Usage-based pricing simplifies path to growth
A recent Forrester report emphasized the increasing importance for flexibility and usage-based pricing*: "During the pandemic, many clients became frustrated when vendors wouldn't lower license usage below baselines, even though the organization's usage had dropped off because of staff furloughs. Examine contracts and ask for flexibility to alter the licensing baseline under certain conditions and for the ability to carry forward unused license entitlements into the next year without additional charge."
With the transparency on usage provided via F-Secure Elements’ detailed invoicing for usage-based billing, organizations can make informed decisions on how to control security investments to prevent paying for idle licenses, or services they don’t need.
“Usage-based pricing helps organizations develop and adjust their security capabilities to focus on outcomes, and move from ownership to usership,” said Kivikoski.
F-Secure Elements was launched at SPECIES, F-Secure’s annual global partner conference. Video is available here: https://www.youtube.com/watch?v=axLDbj1_Nb4.
More information on F-Secure Elements is available here: https://www.f-secure.com/elements.
*Source: Forrester: How To Save Money In Security Software Negotiations: Techniques For Preparing For And Conducting Security Software Negotiations To Increase Value. Paul McKay, Sean Ryan, and Mark Bartrick, October 13, 2020.
Nobody has better visibility into real-life cyber attacks than F-Secure. We’re closing the gap between detection and response, utilizing hundreds of our industry’s best technical consultants, millions of devices running our award-winning software, and ceaseless innovations in artificial intelligence. Top banks and enterprises trust our commitment to beating the world’s most potent threats. Together with our network of the top channel partners and over 200 service providers, we’re on a mission to make sure everyone has the enterprise-grade cyber security we all need.
Founded in 1988, F-Secure is listed on the NASDAQ OMX Helsinki Ltd.
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