Cloud security firm Panda Security has launched a new cloud-based security service that protects small and medium sized businesses (SMBs) from internet-borne threats, including botnets, phishing, cross-site scripting and other Web 2.0 attacks.

The Panda Cloud Internet Protection (PCIP) delivers protection of any device, anywhere, anytime, and features policy enforcement, data leak prevention and reporting capabilities. The web-based console enables in-house and partner administrators to adjust settings, filter URLs and regulate use of risky internet applications, the company said.

According to Panda Security, the new offering makes use of dynamic content classification technologies to identify threats, integrates with LDAP/AD to ensure appropriate usage policies and has the ability to redirect internet traffic and malware analysis through the cloud. The incorporated cloud management console saves time and resources for businesses and their service providers by eliminating on-premise infrastructure costs and administration requirements.

In addition, the new offering leverages Collective Intelligence for automatically collecting and processing malware samples in the cloud instead of on the local PC; and allows adminis to create and manage one web usage policy for all end users.

Rick Carlson, president of US operations at Panda Security, said: The high vulnerability of these scattered internet access points, coupled with highly-targeted cybercriminal methods, means that today’s businesses absolutely require an internet security service that can be managed remotely and deliver instantaneous protection without getting in the way of business.