McAfee is rolling its software as a service security offerings into a new business unit.
The new unit will include all McAfee products delivered over the internet, including security scanning, web and email security, and remote managed host-based software and hardware.
Early last month, Forrester Research published a report that stated that even during the recession, security spending will continue to increase, and that respondents said their security budgets would rise 12.6 percent in 2009.
IDC, meanwhile, issued projections that the IT SaaS market will soar to nearly $20 billion (£14 billion) in 2012, up from about $9 billion in 2008.
Marc Olesen, former VP SaaS at HP, will become senior VP at McAfee's new SaaS security business unit.